Research
UK foodservice inflation slows, but outpaces grocery in 2024
There is a 5% gap between menu price inflation and F&B prices in retail outlets.
UK foodservice inflation slows, but outpaces grocery in 2024
There is a 5% gap between menu price inflation and F&B prices in retail outlets.
Delivery sales grew 11.3% in May as weather keep consumers from going out
At-home sales have grown for 12 consecutive months
Foodservice inflation slows but remains higher than retail
A gap of 5% remains when compared to retail F&B prices.
Accommodation and food service insolvencies surge 27% in 2024
Insolvencies went up 11% month-on-month in April 2024.
Hospitality groups back on the growth track after slipping in April
The latest tracker by CGA by NIQ reveals a growth of 3.6% in May.
Top hospitality group sales slip 1.7% over wet weather
It is the first year-on-year drop in monthly sales since September 2022.
How UK’s coffee segment has evolved according to Costa Coffee
The brand analysed millions of transactions across its stores for the last 24 months.
How fast-food chains utilise meal deals and LTOs to meet changing consumer demands
LTOs and seasonal items’ share on the menu has grown by 12% in the last year.
Pizza chains losing ground to restaurant rivals: report
This is despite the QSR industry seeing a rise in customer spending.
Shift in fast food menus sees focus on £5-£10 offerings
25% of menu items are in this bracket but the landscape is slowly shifting.
Hospitality closure rates slow amidst easing of cost pressures
One in 40 licensed premises have shut down in the last 12 months
Greggs, Costa named amongst UK’s strongest brands
EY is named the strongest brand this year after Dettol falls from the top 10 rankings.
Fast food menus balloon 6% over the last year
By assortment size, drinks are leading the way.
Foodservice price inflation falls below 10% for the first time in two years
This is measured by CGA Prestige Foodservice Price Index.
At-home grows but remained flat in March
This is seen as a sign of more consumers eating out.
Fast food chains adapt menus amidst decreasing demand
Chains continue to focus on meal deals and LTOs.
Secret ingredients behind popular price promotion
Campaigns offering percentage discounts constituted 17% of all LTO’s, gaining in popularity last year.
Commentary
People want experiences – but not at the cost of food & beverage