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.
Consumers will significantly reduce their visits to pubs, bars and restaurants in the light of new government restrictions—but many plan to continue socializing elsewhere after curfew.
Four in five hospitality professionals surveyed are back at work, new research by CGA and CPL Learning shows—and training has helped the large majority to feel safe and satisfied.
Food sales continued to decline last week after the end of the Eat Out to Help Out scheme and new restrictions on gatherings—but good weather helped to keep sales of drinks steady.
Drinks sales were cut nearly in half in July and early August, CGA’s new On-Trade Market Recovery Update reveals.
Wagamama, Fuller’s, Carluccio’s and Taka round out this week’s list of new openings.
Leaders of restaurant and pub groups are more confident about their prospects than independent operators, the latest Business Confidence Survey from CGA and Fourth reveals.
With the pub and restaurant sector facing new restrictions and more uncertainty, what will be the impact on investor sentiment, restructuring plans and the already growing business casualty list? Are there any reasons for optimism? Those will be the main themes for CGA upcoming ‘Follow the money’ webinar at 2pm on September 30.
Food and drink sales fell back last week following the end of the Eat Out to Help Out scheme and fresh concerns about rising COVID-19 infections.
The pandemic and lockdown have radically altered people’s engagement with pubs, bars and restaurants—possibly for good. CGA’s ‘Redefining the out-of-home experience webinar’ on Thursday (10 September) provided a host of insights from the latest consumer research in the UK and US data.
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