The latest Foodservice Price Index (FPI) report from Prestige Purchasing and CGA by NIQ reveals more progress in the fight against inflation in the hospitality sector, with rates dropping to 3.1% in July.
Britain’s leading contract caterers achieved sales growth of 10% in the second quarter of 2024, according to the latest Contract Catering Tracker from CGA by NIQ and Bidfood.
With sustainability an increasing concern for many consumers, an exclusive new report from CGA by NIQ reveals how wine suppliers and venues can prove their commitment and win the eco-conscious spend.
CGA by NIQ’s latest Daily Drinks Tracker shows On Premise sales were slightly down year-on-year last week, as fluctuations in fortunes for venues and suppliers continue.
Britain’s top hospitality groups achieved year-on-year growth of 1.5% in July 2024, down from June’s rate of 2.9%, the latest CGA RSM Hospitality Business Tracker reveals.
Britain’s hospitality sector has recorded its first quarter-on-quarter growth in outlets in two years, the new Hospitality Market Monitor from CGA by NIQ and AlixPartners reveals.
The On Premise is witnessing a marked decrease in alcohol consumption across the globe. This shift is also evident in the UK, with a -23pp net decrease, resulting in a growing appetite for exciting soft drink options. CGA by NIQ’s leading OPUS data highlights the potential for drinks brands and venue operators to capitalise on this emerging trend, especially among the younger consumers at its forefront.
Recent trends reveal the extent of the challenges independent pubs are facing, with the sector recording a -4.3% total drinks volume sales decline over the past year.
Drinks sales fell year-on-year in the latest week with performance driven by a combination of elements throughout the week.
Join experts from CGA, and likeminded Marketing Leaders from the hospitality market for an evening of insightful discussion, networking, all whilst enjoying great food and drinks.
Last week’s hot weather brought a 7% uplift in total drink sales, as consumers flocked to beer gardens across the UK – helping the channel return to growth after last week’s drop in sales.
The current appetite for cocktails presents a telling opportunity for key industry stakeholders to both revitalise drink sales and counteract the decline in spirits sales.
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