All Research articles – Page 93
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Analysis & InsightUK eating out market turnover to reach £90bn
The total UK foodservice and hospitality market will achieve 1.8% sales growth in 2013, reaching a total of £79.7bn, and is set for further positive growth over the next five years adding over £10bn in value to reach £90bn by 2018, representing compound annual growth of 2.4%.
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Analysis & InsightALMR sees ‘green shoots’ in the pub sector
Signs of robust growth and confidence are creeping back into the pub sector, according to the AMLR. Its annual Benchmarking Report finds that investment in staff and premises are returning to near pre-recession levels, and like-for-like sales and margins are in meaningful growth.
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Analysis & InsightLfls up across pub market, but average running costs also climb
Like-for-like sales climbed 5.8% across the UK’s pub sector in the year to October 2012, with community locals and food led outlets outperforming the market. However, the report found that for first time in four years, the average cost of running the average pub has increased.
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Analysis & Insight
Two in three bars serve bombs
‘Bombs’ are now served at two in three bars and almost half of pubs, new research from CGA shows
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Analysis & InsightEating out spend to grow; customers more inventive
The amount of money spent eating out in Britain is set to rise from £31bn to £32bn in 2013, according to Mintel research. The study also shows that consumers are increasingly prepared to embrace the recent trend of “gourmet junk food” and are attracted by innovative meals
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Analysis & Insight
Craft beer growth continues in the US
The steady and sustained growth of American craft brewing continued during the first half of 2013, according to mid-year data released by the Brewers Association (BA)
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Analysis & Insight
US burger consumption at highest level
US consumers are eating burgers more often than ever before, driven by the rise of the better burger movement
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Analysis & InsightPub beer volumes fall 5.8%
Beer volumes in pubs fell 5.8% in Q2 2013, against difficult comparatives with Euro 2012 and the Diamond Jubilee double bank holiday in the same period last year
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News
F&B operators make £2.2m water savings
Food and drink businesses have saved £2.2m by reducing their water consumption
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Analysis & Insight
Two in five pub goers drink out less
Mintel study predicts that on-trade volumes will fall c4% this year to 2.8bn litres, although it expects marginal growth by value
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Analysis & InsightEating-out spend increasing
Consumer spending on eating out is increasing as confidence begins to return to UK households, according to Deloitte
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News
Casual dining transforming out-of-town parks
The strong increase in the number of casual dining outlets on retail parks compared with fast food sites has been a significant recent trend in the out-of-town sector
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Analysis & InsightOut-of-town take up
Casual dining is becoming an essential part of the retail experience in the UK. It is now widely acknowledged that an attractive leisure mix leads to increased dwell time, as well as an improved consumer experience, says Andrew McGregor, head of leisure at Knight Frank
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Analysis & Insight
Sector insolvencies dip again
The decline in the insolvency rate among the pub, restaurant and wider leisure sector continued in June, according to the latest insolvency index from Experian
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Opinion
That most dangerous of beasts
A new breed of hyper-demanding shopper is emerging with redefined notions of value and loyalty – and tough expectations – for anytime and anywhere retail experiences. Swap consumer for shopper and hospitality for retail and the message remains the same across two sectors that are increasingly mergin
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News
Premium spirits grow in value
Despite the sluggish economic climate, premium spirits have grown by 25% in value in the on-trade during the past 12 months, new research shows
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Analysis & InsightUnder-34s boost eating out sector
Average spend per head rises from £12.30 to £13.30, according to new Horizons research that finds younger diners are the most likely to eat out
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Analysis & InsightM&C20 Index gains on ‘Spirit-ed’ performance
It’s been a calmer week in the equities market after recent strong gains, but both the M&C20 and FTSE All Share indices still managed to post modest increases
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Analysis & Insight
Fast-casual continues to drive growth in US
Fast casual makes up just 14% of the total $223bn limited-service restaurant segment in the US, but its sales continue to outpace other operators
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Analysis & Insight
Lunchtime recovers
The lunchtime eating occasion experienced a significant upturn among out-of-home dining outlets in the year to March 2013, with quick service restaurants (QSRs) leading the recovery