Pub and restaurant groups suffer sales set-backs in September
Coffer Peach Business Tracker, trading figures for pub, bar and restaurant groups for September 2020
Coffer Peach Business Tracker, trading figures for pub, bar and restaurant groups for September 2020
Brands and businesses are being forced to adapt culturally and operationally to the new out-of-home market reality. So how can big global names maintain their presence in increasingly locally-focused markets – and ‘local’ concepts grow outside their home patch? Those will be the main themes for Atlantic Club and CGA’s upcoming webinar at 4:30pmpm on October 21.
The vast majority of consumers have been satisfied with pub, bar and restaurant operators’ safety precautions and communications in the three months since lockdown was lifted, the industry-wide ‘We Hear You’ initiative has shown.
The 10pm curfew contributed to another drop in out-of-home drink and food sales last week, with spirits hit hardest by the ban on late-night visits.
The pandemic has accelerated the adoption of technology across hospitality, CGA research shows—but consumers aren’t ready to give up the face-to-face aspect of service when they eat and drink out.
Dishoom, Nando’s, Kokoro and Pasture round out this week’s list of new openings.
Britain now has nearly 25,000 fewer licensed premises open than before the COVID-19 lockdown, the latest Market Recovery Monitor from CGA and AlixPartners reveals.
Berbere, Solita, Barrafina, Pali Hill and The Burger Priest round out this week’s list of new openings.
With an unprecedented Christmas trading period fast approaching, CGA has released new consumer research and expert analysis to support the planning of all suppliers and operators.
On-trade beer sales are returning faster than other alcoholic drinks sectors—but underpricing and quality of serve could be holding back the crucial cask ale category.
Fragile consumer confidence has been further weakened by the latest round of government measures to stop the spread of coronavirus—but a loyal core remain committed to eating and drinking out.
Drink sales were nearly cut in half last weekend after the government imposed strict new coronavirus measures, CGA’s data show.
CGA’s latest Follow-the-Money webinar on Wednesday (30 September) showed the scale of current challenges, but also set out reasons to be positive about the long-term future and attractiveness of the out-of-home sector.
Coffer Peach Business Tracker, trading figures for pub, bar and restaurant groups for week commencing September 21, 2020
Fewer than 10% of business leaders in the out-of-home sector are confident about market prospects over the next 12 months, the latest Business Confidence Survey from CGA and Fourth reveals—but restaurant and pub group bosses are less pessimistic than independent operators.
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