By M&C Report team2007-07-15T08:14:00+01:00
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.
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Seven in ten (70%) restaurant, pub and bar leaders feel optimistic about their businesses’ prospects for the next 12 months, but mounting costs and debts mean many firms remain vulnerable.
In the second part of an interview with MCA, Andy Hornby, chief executive of The Restaurant Group, discusses the importance of accurate supply forecasting and simplifying menus as a way of controlling menu price inflation. He also discusses pub estate expansion, as well as current and future prospects for trading.
Digital technology, implemented during the pandemic, has boosted the popularity of more premium drinks and provided valuable data for operators, MCA’s Pub Conference audience heard.
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