Research Reveals Extent of Household Cutbacks on Eating Out and Entertainment
UK households are cutting back on dining out and activities this summer as the impact of the cost-of-living hits, according to new data from intelligence…
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Eating Out
Price Increases Could Lead to Losses if Affordability Trend is Side-Lined
Price inflation has affected all areas of the foodservice value chain, from raw material prices to the final menu product. This has put significant pressure…
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Shaw & Co Launches Second Annual Food & Drink Sector Report
Corporate finance advisory firm Shaw & Co has launched its second annual in-depth report into the Food & Drink (F&D) sector, the latest in its…
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Alfresco Dining Rules to be Made Permanent Next Year
The governments relaxation of “alfresco rules” making it easier and cheaper for hospitality operators to get pavement licences are to be extended and made permanent…
Read more...Branded Restaurant Main Dishes See +10.1% Price Inflation February-June
According to data from Lumina Intelligence’s Menu Tracker, main courses on branded restaurant menus have increased in price by +10.1% since February. The average main…
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More Casual Dining Deals Predicted as The Restaurant Group Snaps up Barburrito
Experts have hailed a “strong appetite” for further consolidation in the casual dining sector after law firm Dentons advised The Restaurant Group (TRG) on its…
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Just Eat Launches Financial Support Package to Aid Small Businesses with Inflationary Pressures
Just Eat has today announced the launch of a £1 million financial support package for its small, independent Restaurant Partners, designed to help businesses as…
Read more...Rising Cost of Living Continues to Bite as Spend and Penetration Stay Flat in Latest Quarter
According to the latest data from Lumina Intelligence Eating & Drinking Out Panel, in the 12 weeks ending (12WE) 12/06/2022, penetration has increased just +2.0ppts…
Read more...Gen Z Driving Restaurant Resurgence Amid Cost of Living Crisis
As the cost of living crisis worsens, a new study from SevenRooms has found that the hospitality industry continues to recover as the majority of…
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Food and Drink Sales in Britain’s Cities Back in Growth as Workers and Visitors Return
Out-of-home food and drink sales are in growth in all of Britain’s 10 biggest city centres, new research from CGA by NielsenIQ and Wireless Social…
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Father’s Day Boom for Hospitality Breakfast Bookings
New stats indicate a fresh occasion for hospitality, as breakfast bookings up nearly 60% for Father’s Day last weekend, according to a survey from hospitality…
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Delivery and Takeaway Sales Dip Year-on-Year After Covid-19 Constraints Ease
Delivery and takeaway sales at Britain’s leading managed restaurant and pub groups are falling from the peaks of COVID-19 lockdowns, the CGA by NielsenIQ &…
Read more...Public Will Cut Out Restaurant Visits if Businesses Do Not Adapt to Rising Inflation, says GlobalData
UK restaurants have been warned that the public will “cut out “ restaurant visits if the hospitality sector does not adapt to rising inflation ….
Read more...The UK Eating Out Market is Set to Value £95.2 Billion in 2022, +4% versus its 2019 Value
According to the new Lumina Intelligence UK Eating Out Market Report 2022, the UK eating out market is set to value £95.2 billion in 2022,…
Read more...Cost-of-Living Squeeze Hits Dining Out
Consumer card spending grew 9.3 per cent in May compared to the same period in 2021, inflated both by the rising cost of living, and…
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