All Analysis & Insight articles – Page 70
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Analysis & InsightOne in four operators remain closed post-lockdown
Nearly a quarter of the UK’s licensed premises were yet to reopen by the end of August, with the London market particularly slow to recover, according to CGA and AlixPartner’s latest Market Recovery Monitor.
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Analysis & InsightRule of six leaves consumers less confident
The ban on meetings of more than six people in England from today has left a third (31%) feeling less confident about visiting pubs, bars and restaurants.
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Analysis & InsightThe Conversation – Digital Event by MCA
The Conversation is MCA’s weekly online event for hospitality leaders. On this week’s episode, MCA deputy editor Finn Scott-Delany and regular panellist, UK Hospitality’s Kate Nicholls, were joined by Deltic Group CEO Peter Marks and Boxpark CEO Roger Wade.
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Analysis & InsightHospitality Leaders Poll: End of furlough to see half of hospitality businesses make redundancies
At least half of hospitality businesses will have to make some level of redundancies once the furlough scheme comes to an end, according to the latest Hospitality Leaders Poll carried out by Lumina Intelligence for MCA.
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Analysis & InsightEpiris pays £18m for Casual Dining Group
Casual Dining Group left estimated debts of £125m to secured creditors, with a likely level of return of £13m.
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Analysis & InsightHospitality workforce down 15% year-on-year
Although the hours worked in hospitality significantly increased from July to August, total staff headcount has remained well below 2019 levels, the latest data from Fourth has revealed.
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Analysis & InsightEat Out sees sector lfls bounce back to 2019 levels
Managed pub, restaurant and bar groups saw collective like-for-like sales bounce back to 2019 levels because of the government’s Eat Out to Help Out scheme, according to the latest Coffer Peach Tracker from CGA.
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Analysis & InsightPubs ‘standout winners’ of EOHO
The Eat Out to Help Out scheme prompted week-on-week growth across the sector, with pubs the “standout winners”, according to card transaction tracker Cardlytics.
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Analysis & InsightOperators avoid significant menu price hikes post-lockdown
While menu prices have slightly increased since lockdown ended, operators have avoided making significant price hikes despite the financial impact of the coronavirus crisis, according to Lumina Intelligence’s Menu Tracker.
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Analysis & InsightAugust consumer spend sees first uplift since lockdown
Consumer spending saw its first uplift since February 2020 last month, with pubs, bars and takeaway services all experiencing a boost, according to data from Barclaycard.
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Analysis & InsightGoodbody on Greggs: Potential headcount cuts
Earlier today, Costa announced that 1,650 roles are at risk of redundancy in the UK, and follows the recent announcement by Pret a Manger that is was going to lay off 2,800 employees. To put into context, Costa has about 2,700 stores across UK and has re-opened more than 2,400 in recent months after closing all of them for 6 weeks due to the pandemic. Costa has about 16,000 employees in total, implying that the at-risk roles account for about 10.3% of total workforce.
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Analysis & InsightHospitality Leaders Poll - 80% hail the EOHO a success
Eighty percent of restaurant, pub and bar operators say the Eat Out to Help Out scheme has worked well for their business.
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Analysis & InsightStrong growth in August outside EOHO days
Diners spent 34.2% more at restaurants and fast food outlets on Mondays, Tuesdays and Wednesdays in August than they did in July, according to data from Barclaycard Payments.
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Analysis & InsightOperators slash menus by 32% post-lockdown
Operators have cut down the number of dishes on menus by 32% as they adapt their offer to the reduced post-lockdown demand, the latest analysis from Lumina Intelligence has revealed.
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Analysis & InsightLights out for late night?
Having already provided your full name and contact details, you pass by the thermal imaging camera and through the personal protection tunnel, where you remain for five seconds to ensure the chlorine dioxide has thoroughly disinfected your clothes and skin. No, this is not Area 51. Welcome to opening night at Piano Works, Farringdon. In its preparations for reopening, which operations director Tristan Moffat hopes will be by the beginning of October, the London-based live music concept isn’t taking any shortcuts when it comes to consumer safety.
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Analysis & InsightLeaders Poll: Vast majority of customers sticking to guidelines
The vast majority of operators believe customers are sticking to coronavirus guidelines when they visit their premises, William Reed’s Hospitality Leaders Poll reveals.
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Analysis & InsightEOHO ‘not cannibalising weekend trade’- Fourth
Restaurant sales were up 50% between Monday-Wednesday in the opening week of the Eat Out to Help Out scheme, compared to the previous week.
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Analysis & Insight'Significant return to offices' needed to support operators
As two thirds of UK workers are yet to return to their offices, consumer and location intelligence specialise CACI has highlighted the devastating economic impact working from home is set to have on F+B and retail operators in London specifically.
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Analysis & InsightAlixPartners: Gradually building momentum
Just over a month since restart, it is obvious that the sector’s revival will take time, and sadly it will not include everyone.
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Analysis & InsightEOHO prompts week-on-week boost in sector food sales
Managed pubs and restaurant groups have seen food sales rise by a third week-on-week since the launch of the government’s Eat Out to Help Out scheme, according to the latest research by CGA.