Research
Dining out spend poised to decrease as cost-of-living crisis worries Brits
Dining out spend poised to decrease as cost-of-living crisis worries Brits
The NPD Group’s Uncertainty Impact study showed a significant increase in financial concerns amongst the UK’s population.
Restaurants, pubs’ like-for-like sales flat in May as cost crisis worsens
London trading builds back, but dine-in sales dip.
QSRs have highest brand loyalty amongst consumers during cost-of-living crisis — survey
Delivery and takeaway ranked the highest in what consumers may spend less on, if budgets tightened.
High food and drink inflation extending into 2023, study warns
The latest CGA and Prestige Foodservice Price Index shows a third consecutive month of double-digit inflation.
Food and drink sales boosted by Jubilee holidays, dented by street parties
Food sales increased by 8% over the five-day period.
Company culture named top factor for retaining staff, survey says
Asked about their biggest current challenge as a business, 79% cited issues around recruitment and retention.
Higher food and drink sales in Britain's cities as workers, visitors return
Sales growth is being driven by higher spend and increased prices rather than by more frequency.
Delivery sales 357% higher than pre-COVID levels in April
However, sales have plateaued in 2022, with April’s delivery and takeaway sales were 34% below the levels of April 2021.
Restaurants, pubs’ like-for-like sales up 2% in April but cost pressures stunt growth
London still lags pre-COVID-19 trading, whilst sales up 3% beyond the M25.
Chart of the Week: On-premise, grab and go continues momentum
Delivery and drive-thru channels remain strong.
Foodservice sector inflation hits 13.6% YoY in March 2022
The figure is the highest in the history of the CGA Prestige Foodservice Price Index.
Chart of the Week: QSR spending ahead of pre-pandemic levels in February
Said spending was up 5.5% year-on-year.
Pre-pandemic ‘vibrancy’ in London's hospitality sector returning as sales and footfall rise in Britain's city centres
Glasgow, meanwhile, remains the most vibrant city.
Families with kids already saving to spend for Christmas: IGD
60% of shoppers agree that a rise in costs would “seriously” affect how much they spend on special occasions this year.
Restaurant, pub like-for-like sales up 4% in March but inflation still holding growth down
London sales are flat whilst sales rise 6% beyond the M25.
Delivery, takeaway sales slip YoY as more customers opt for out-of-home eating
The focus for operators is turning repeat customers into loyal advocates, an analyst said.
Recruitment, retention challenges still a major concern for hospitality leaders
A new survey highlighted widespread job vacancies and upward pressure on labour costs.
