Restaurant numbers drop 0.4% in a year
Amid fears of oversupply in the restaurant market, the latest Market Growth Monitor from CGA and AlixPartners shows that numbers are beginning to fall.
Amid fears of oversupply in the restaurant market, the latest Market Growth Monitor from CGA and AlixPartners shows that numbers are beginning to fall.
The Future of Finance Conference brought together industry leaders, investors, tech specialists and CGA’s own experts to scope financial opportunities and challenges for the sector. Here are ten of the messages from the day.
The Alchemist, Kerb, Bar Soba, JD Wetherspoon and Wagamama are a few of this week’s new openings.
Voice-based ordering and food tracking devices are believed to be the next big thing to influence the UK’s fast-growing food delivery market.
The findings have been revealed in the latest quarterly GO Technology report from Zonal and CGA, which tracks the technology habits of 5,000 UK consumers.
Hot weather in May helped boost trade in Britain’s pubs, but hit restaurant sales. Overall, the country’s managed pub, bar and restaurant groups saw collective like-for-like sales up 1.4% on May last year, according to latest figures from the Coffer Peach Business Tracker.
With business confidence improving, the restaurant bubble starting to deflate and deals being done, is now the moment to be bold or remain watchful? That’s the big question at next week’s Future of Finance conference at 30 Euston Square. There’s still time to request a seat to join us.
The Cosy Club, Rosa’s Thai Café, San Carlo, Franco Manca and Honest Burgers are a few in the week’s new openings.
Two in five business leaders admit to feeling unprepared for the rollout of GDPR late last month, and many are uncertain about the issues it raises, the latest Business Confidence Survey from CGA and Fourth reveals.
Jurriaan van der Schee, leader of the TriSpan private equity team that has just acquired a majority stake in Thai café brand Rosa’s, will share the story of the deal and his views on investment at CGA’s Future of Finance conference in London on June 21.
Bod, The Four Alls, By Chloe, The Coconut Tree, Anthologist and Mowgli round out this week’s list of new openings.
How technology is shaping consumers’ spending habits, as well as proving efficiency and productivity solutions for pub, bar and restaurant operators, will feature prominently on the agenda at this year’s CGA Future of Finance conference in London on June 21.
Operators emerge from challenges with the highest levels of optimism for more than two years, the CGA Fourth Business Confidence Survey reveals.
Whether investing in new leisure, including pubs, bars and restaurants, will help transform Britain’s ailing high streets will be a question high on the agenda at this year’s CGA Future of Finance conference in London on June 21.
Challenging weather and shifting demand patterns are fueling price turbulence, the latest CGA Prestige Foodservice Price Index reveals.
Ziferblat, Estabulo, Tattu, Côte and Darwin and Wallace are some of this week’s new openings.
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