All Research articles – Page 3
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NewsMore than 22,000 restaurant jobs lost so far this year
The number of restaurant sector job losses so far this year are nearly double those lost in the whole of 2019, according to the Centre for Retail Research.
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NewsSector like-for-likes see consistent recovery in July
Managed pub, bar and restaurant operators saw a continued improvement in like-for-like sales throughout July, but were still almost 25% down on pre-coronavirus levels by the end of the month, the latest Coffer Peach Business Tracker has revealed.
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Analysis & InsightLarge majority feel safe in pubs and restaurants
An overwhelming number of consumers (94%) who have visited pubs, restaurants and bars in England in the two weeks since reopening were satisfied with the safety steps in venues they visited, with 96% being likely to recommend a visit to friends and family.
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NewsFoodservice spend reaches 50% of pre-coronavirus levels
The out of home foodservice market is showing clear signs of recovery as weekly spend has returned to half of pre-coronavirus levels for the first time since lockdown, The NPD Group has found.
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NewsConsumer spending shows signs of recovery
Consumer spending fell 14.5% year-on-year in June, the smallest decline since lockdown began, according to the latest Barclaycard report.
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Analysis & InsightBarclaycard shows modest uptick in spending
Barclaycard Payments has reported the total value of transactions across hospitality, leisure and entertainment were down 45% compared to the same weekend last year, citing social distancing measures as having a significant impact on trading.
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NewsIndustry takes cautious approach to reopening
Hospitality operators are taking a cautious approach to reopening as just 59% of businesses plan to reopen some of their sites on 4 July, the new Business Confidence Survey from CGA and Fourth has found.
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News1m staff due back to work in July
Almost one million hospitality staff are expected to be back in work before the end of July, according to a new survey by UKHospitality.
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Analysis & InsightEating out divide deepens, at the expense of squeezed middle
The polarisation in the hospitality sector between quicker, convenience-led solutions and longer, richer, experiential occasions will deepen post-coronavirus, insight from MCA reveals.
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Analysis & InsightExtra 145m pints under 1m+
An additional 145 million pints of beer can be sold out of home now that social distancing has been relaxed, according to CGA.
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Analysis & Insight‘Bleak outlook’ for operators facing recovery
Hospitality businesses are preparing for a lengthy and painful recovery, with levels of trade expected to be significantly supressed for many months to come, a survey of UK Hospitality reveals.
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Analysis & InsightIndustry shutdown represents 32.7% of UK’s lost GDP
The near total shutdown of the hospitality sector was responsible for some 32.7% of lost GDP for the country in March and April.
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Analysis & Insight90% will return to restaurants - poll
Nearly 90% of people are likely or very likely to return to dining out when restaurants reopen, according to a survey by Brasserie Bar Co.
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Analysis & InsightEating out market to contract by 60-70%
The eating out market is forecast to decline by between 60-70% in 2020, according to the HIM & MCA Insight UK Recovery Report 2020.
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Analysis & InsightConsumers pledge to support local restaurants when lockdown is over
Consumers are planning to spend more in cafés and restaurants when restrictions are lifted, data from Barclaycard shows.
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Analysis & InsightConfidence in industry plummets to 5%
Confidence is at rock bottom among the directors of Britain’s pubs, bars and restaurants, with a time out on rent now a key business priority.
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Analysis & InsightOperators warn over damaging distancing restrictions
Three quarters of restaurant and bar operators have warned they do not expect their businesses to survive with social distancing measures in place.
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NewsIndustry sees 21.3% sales drop in first quarter
The hospitality industry saw sales decline by 21.3% in the first quarter of 2020, new figures from the UK Hospitality Quarterly Tracker reveal.
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Analysis & InsightMeal delivery up 10% with British cuisine most popular
Meal delivery frequency has grown 10% week on week, with consumers now ordering it on average 2.3 times a week.
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NewsMajor disruptions expected in global supply chains
There will be continued major disruptions to global supply chains as the coronavirus pandemic continues, the latest Foodservice Price Index from CGA and Prestige Purchasing has indicated.