A very happy New Year to you all!
I will, for the next few posts, begin with urging you to signup to our new twice weekly newsletter and if you are not receiving a copy you can sign up here.
We have published a very interesting article regarding “overcapacity to hinder eating out growth”.
In very brief terms, the article highlights the slowdown in the growth of the eating out sector which had grown considerably during the past 10 years or so, particularly in the pub sector, where they have switched from being wet-led to food-led.
There has also been a huge growth in casual dining chains – in fact, not far from where I’m sitting, a complex is due to open next year, which will include 14 casual dining style chain restaurants. This includes Nando’s, Handmade Burger, Coast to Coast, Prezzo, Ask Italian, Frankie and Benny’s, Chiquito, Bills and Giraffe.
At the same time, the independent sector, has shrunk!
I have to say I will not be sorry to see the slow-down of the multi-outlet sector. I have always been a strong advocate of independents, independent pubs hotels and restaurants.
I had my restaurant during the 90s in Bournemouth town centre, most were independent restaurants and we all did our best, offering the best standard of food and service we can provide in order to stay ahead of the competition.
Since then I have seen an absolute explosion in chain operators, pub, restaurant and coffee, and, of course, hotels.
Some have been great additions to the town, I have no doubt about that. Others simply flooded the market, squeezing the independents very, very hard. Now I often see half empty operators bombarding people with “vouchers” to get backsides on seats.
I, for one, think it’s time we had a campaign to “Support Your Local Independent” hospitality business. During the coming trade shows – where we get to meet existing readers and potentially new ones, along of course with our advertisers – we will discuss how feasible and successful such a campaign could be. Once again I would be very interested in your views so please feel free to contact us!
Editor of CLH News