Foodservice Price Inflation in First Fall Since September 2021
Foodservice price inflation fell slightly to 22.0% in January, the new edition of the CGA Prestige Foodservice Price Index (FPI) reveals. While only a small…
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Confidence Rises But Soaring Costs Threaten Fragile Businesses
Leaders of Britain’s top managed hospitality groups remain cautiously optimistic about the future despite spiralling costs, the 2023 Business Leaders’ Survey from CGA by NielsenIQ…
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Valentine’s Day Hospitality Transactions Soar by 22% Across the UK
New spending data sees average individual transaction value flatline however against rising cost of living The number of transactions in hospitality venues such as restaurants,…
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UK Food and Drink Industry Shows Resilience with Pubs & Bars Leading a +2.7% Increase in Q4 2022
The UK food and drink industry is powering through, adhering to creativity to propel sales as menu counts are on the rise in all channels:…
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Pubs Bars & Restaurants Enjoy “Noticeable January 18% Uplift”
Pubs, bars & clubs enjoyed a boost (18.1 per cent) – the category’s biggest uplift since May 2022 – while restaurants saw a noticeable improvement…
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Hospitality Enjoys Strong December Sales, but Fails to Hit Pre-Pandemic Heights
Pubs and restaurants enjoyed their best festive season for three years, but sales figures are still yet to return to pre-pandemic levels. The latest figures…
Read more...Cost, Taste and Ethical Eating Essential to Achieve Post-Veganuary Success, says GlobalData
Meeting consumer expectations for ethical, ‘green’ offerings while maintaining reasonable costs will be a notable challenge for restaurants in launching vegan menus this year, opines…
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Surge in Hospitality Spend Boosts Economy
Britain’s economy enjoyed an unexpected boost November, helped by the Qatar World Cup. Figures from the Office of National Statistics show the hospitality industry helped…
Read more...Festive Gatherings and Holiday Bookings Boost Hospitality and Travel in December
Consumer card spending grew 4.4 per cent year-on-year in December – slightly higher than November (3.9 per cent) but well below the 9.3 per cent…
Read more...Restaurant Groups Return Profit
Britain’s top 100 restaurant groups have returned to profit last year following four years of losses blighted by the pandemic. The businesses recorded a cumulative…
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District Council Abolishes Pavement Fees
West Oxfordshire District Council announced it would abolish the charge for pavement seating and displaying material on the public highway. It previously cost £100 to…
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Omnichannel is a Strategic Move as Operators Face Tough Conditions
There is appetite for omnichannel products as consumers reduce restaurant visits due to financial pressures. The Lumina Omnichannel Foodservice Report 2022 has brought awareness to…
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New Survey Reveals UK Residents Want Christmas Dinner in a Restaurant this Year
Now, new research from music licensing company PPL PRS reveals that over 1 in 6 of the UK households (16%) surveyed plan on tucking into…
Read more...Consumers Take a “Direct Hit” as Cost-of-Living Crisis Eats into Christmas Finances
According to a survey among 1,000 consumers, 50% of those surveyed plan to spend less on socialising as the impact of the cost-of-living crisis begins…
Read more...Costs Crisis Wipes Out Hospitality’s Growth Despite Increase in October Sales
October sales at Britain’s top managed restaurant, pub and bar groups were 1.5% ahead of the levels of October 2021, the latest edition of the…
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