All articles by Georgi Gyton – Page 44
-
Analysis & InsightNo-alcohol volumes outstrip sales of low
The volume of no-alcohol drinks sold in the UK has increased by 21% since 2018, well ahead of the 1% increase in the low-alcohol category, according to data from drinks consultancy IWSR.
-
NewsJD Wetherspoon announces January sale
The pub operator is dropping prices across its menus over the first half of this month, including draught beers and ciders, spirits, soft drinks and Lavazza coffee as well as several breakfast dishes
-
NewsTrain strikes cost hospitality £2.5bn in lost sales
UKHospitality’s chief executive Kate Nicholls told the BBC this revised figure is £1bn more than originally estimated, due to the fact an expected pre-Christmas bounce back never materialised
-
Analysis & InsightLate night venues hit by 20% drop in festive trade
More than 50% of respondents said they did not make enough profit to cover cash reserve requirements for the slower periods, according to a NTIA survey
-
NewsWasabi still keen to expand UK restaurant portfolio
The Capdesia-backed business views expansion into more suburban locations as an attractive area for future growth
-
NewsPizzaExpress appoints new commercial finance director
Grant Shaw joins the pizza chain this month from his role as head of commercial finance at Côte Restaurants
-
NewsRail strikes: 'Drop in footfall greater than anticipated'
UKHospitality had forecast a £1.5bn hit to sales from industrial action in December and early 2023 but has now revised this to £2.3bn as the cold weather led to further bookings being cancelled.
-
NewsPret to shelve Veggie Pret concept
Pret will concentrate instead on expanding the vegetarian and vegan range within its core estate. The retailer has also announced an agreement to launch the brand in Israel
-
Analysis & InsightMore consumers eating dinner out of home
Fifty-six percent of orders were ordered for consumption onsite for dinner in the last quarter, compared to 30% that were ordered for delivery, according to Lumina Intelligence
-
Analysis & InsightMarket penetration up but consumers still cutting back
Consumer confidence was boosted following the announcement on the energy price cap and the appointment of a new prime minister, though in the more recent four weeks that has slipped as temperatures declined and households faced more pressure on bills, according to Lumina Intelligence
-
NewsGreene King appoints investment director
Charlie Gale was previously investment manager at Star Pubs & Bars, and will join Greene King’s Premium, Urban and Venture Brands division in the new year.
-
NewsDelay to announcement on energy support
Kate Nicholls, chief executive, UKHospitality, said the postponement of the government annoucement was “disappointing news” as businesses urgently need clarity
-
Analysis & InsightOperators hit with higher costs for temporary chefs
The average hourly pay for temporary chefs has increased by as much as 20% in some parts of the UK as the hospitality sector struggles with recruitment.
-
NewsWingstop's master franchisee records +182% revenue uplift
Lemon Pepper Holdings said it was anticipating “aggressive development” through 2023, with several new locations already secured for the new year.
-
News‘Our industry needs a level playing field’
Pub companies and brewers tell MCA they welcome news alcohol duty will not rise till August - but warn a “lighter touch on unnecessary regulation” is needed in the current trading environment
-
Analysis & InsightCustomisable dishes offer chance to charge premium
There has been a 20-percentage point increase in the share of dishes that are customisable, which is enabling operators to charge more, according to Lumina Intelligence.
-
NewsBosher to leave Greene King
Karen Bosher, who has worked at the pub company and brewer for the past 10 years, and step down from her role as MD of Premium, Urban and Venture to pursue ”a fresh challenge”
-
NewsAlcohol duty looks set to be frozen
Duties were set to increase on 1 February, but it is understood the Chancellor will delay the move for another six months
-
Analysis & InsightFoodservice price inflation reaches 21.5%
All categories in the CGA Prestige Foodservice Price Index recorded double-digit inflation, with the overall figure pushing past 20% for the first time in the Index’s history. But there are signs of inflation levelling off.
-
NewsPubs under threat from ‘unfair’ energy contracts
The British Beer & Pub Association said members had been on the receiving end of increased charges that fall outside the remit of the Energy Bill Relief Scheme.