By M&C Report team2006-11-05T08:10:00+00:00
Britain’s managed pub, restaurant and bar groups saw sales drop just 1% in June from the same month in 2019, according to the Coffer CGA Business Tracker boosted by good weather.
Travel hub operator SSP has simplified its menus by up to 50-60% during the pandemic, which could result in smaller menus remaining post-covid, according to an analysts’ note by Peel Hunt.
East Coast Concepts, the Manchester-based restaurant and bar group, has been bought out of administration.
Data from Lumina Intelligence’s Menu Tracker is helping to shed a light on trends in starter and main cuisines within chain pubs and restaurants. In restaurants, Italian cuisine continues to dominate while the incidence of pan-Asian dishes grow. British cuisine dominates pub & bar menus and leads year-on-year growth.
Domino’s has given more details on its strategic, operational and financial performance following the release of its first half results. While giving an update on the execution of its strategy the importance of driving its collection business was highlighted, something Domino’s sees as providing an incremental growth opportunity. Store openings will continue to be supported by changed franchisee incentives.
Domino’s has delivered a “strong” performance for the first half of 2021, aided by reduced VAT, the Euros, an increase in orders and the chain’s own marketing activity. In the 26 weeks to 27 June 2021, UK and Ireland system sales grew 19.6% to £752.3m. Like-for-like system sales, excluding splits were up 19.3% (18.4% including splits). The chain warned that second half growth would be lower due to scheduled VAT increases.
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