Consumer Priorities Have Changed Since EOTHO Discount Scheme, Analysis Reveals
This month marks two years since Rishi Sunak launched the Eat Out to Help Out scheme, aimed at getting people into restaurants during the pandemic….
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Hospitality SMEs Report Revenue Growth but Brace Themselves for Turbulent Times Ahead
More than half (55 per cent) of small and medium-sized enterprises (SMEs) saw revenue increases in the second quarter of this year against 2021, reveals…
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Growth “Off the Menu” for Small Firms as Cost Crunch “Bites Deep”
Publication of FSB’s full Small Business Index report for Q2 2022 finds growth expectations are down, and cost pressures are weighing heavily on small firms…
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Domino’s Failure to Step into the Italian Market Exposes Gap in its Localization Strategy, says GlobalData
Affordability was also a driving factor in consumer decision making, not just product quality. GlobalData’s survey also revealed that over half (55%)* of Italian consumers are extremely or somewhat concerned about their financial situation due to COVID-19.
Read more...Hospitality Numbers Stable in Second Quarter but Costs Crisis Threatens Recovery
Britain’s licensed sector has stabilised in the second quarter of 2022, the latest Market Recovery Monitor from CGA by NielsenIQ and AlixPartners reveals. The report…
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One in Seven Pubs and Restaurants Lost in The City of London Since COVID-19
The City of London (the capital’s Square Mile district) has seen a net decline of one in seven (14%) licensed premises since March 2020, the…
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Hospitality Sector Sees Increase in “Distressed Businesses”
Bars and restaurants are major drivers behind a rise in the number of businesses “in critical financial distress” according to the latest Begbies Traynor “Red…
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Majority of Customers Have a Positive Experience with Customer Services Robots
The majority of customers have a positive experience when dealing with service robots, according to new research from Durham University Business School. The study found…
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Hospitality Drives Britain’s City-Centre Recovery in the First Half of 2022
Solid sales growth in restaurants, pubs and bars has helped Britain’s regional city centres to recover their vibrancy in the first six months of 2022,…
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64% Jump in Restaurant Insolvencies Report Reveals
The number of restaurant insolvencies has risen dramatically over the past year amid staff shortages and rising inflation, according to a new study. Accountancy firm…
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Delivery and Takeaway Sales Drop Again for Post-COVID Restaurants and Pubs
Restaurant and pub groups’ delivery and takeaway sales continue to plateau after booming during COVID lockdowns, the latest CGA & Slerp Hospitality at Home Tracker…
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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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Hospitality Groups’ Like-for-Like Sales Up 5% in June, but Inflation Bites
June’s like-for-like sales at Britain’s top managed restaurant, pub and bar groups were 5% ahead of the pre-COVID-19 levels of June 2019, the latest Coffer…
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Rising Costs and Fall in Consumer Confidence Threatens Sector Recovery
A new report, Future Shock – Leaving COVID Behind, shows sales back to pre-pandemic levels – but 15% of roles remain vacant, costs are spiralling…
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