Pricing on food and non-alcoholic drinks dropped slightly in December but remains 1.8% higher than a year ago, the latest Foodservice Price Index from Prestige Purchasing and CGA Strategy reveals.
The festive season brought a welcome sales uplift for Britain’s managed pub and restaurant groups. Figures from the Coffer Peach Business Tracker show collective like-for-like sales for the Christmas and New Year period were up 2.2% on the same six weeks last year.
Sporting events can be a big driver of footfall for pubs and bars—but is screening them worth the expense? Brand new research from CGA and MatchPint suggests that it is, and that even more benefits lie in wait for operators who truly understand the dynamics of live sport and the habits of fans.
Gusto, Bodega Cantina, Leon, Polpo, Cote and Ralph Lauren round out our list of new openings.
A charitable foundation set up in memory of legendary industry entrepreneur and Living Ventures’ co-founder Tim Bacon is up and running following generous pledges from across the industry. Donate today.
All Bar One, Dirty Martini, Franco Manca, Oakman Inn, Loungers and Wagamama round out our list of new openings.
In Looking for Tomorrow’s Growth, our exclusive research project with Barclaycard, we take a close look at this crucial segment of 18 to 34 year-olds—a generation that is much studied but often misunderstood. Download Report
MatchPint and CGA report finds that whilst the Premier League leads the way in total value to pubs, other sports have a much bigger impact on sales when isolated against the Premier League. In some instances a one off event can be worth the equivalent of three Premier League days.
Brexit and rising costs will present out of home eating and drinking operators with big challenges in 2017—but new openings growth, technology and the Night Tube are among the reasons to be optimistic about the sector’s future. Download report to learn more.
In this week’s new opening round up news, one of the biggest retail and leisure developments of the year opened late last week in Southampton. The £85m WestQuay Watermark scheme has seen a first wave of openings from brands including CAU, The Real Greek, Franco Manca, Thaikhun, Byron, Cosmo and Cabana.
CGA Peach’s sell-out 2020 Conference drew nearly 400 business leaders to discuss the problems and challenges facing the sector – rates, people, supply chain, costs and of course, changing customer tastes. Download the report to read the full summary of the day.
Managed pub and restaurant groups saw collective like-for-like sales grow 1.1% in November against the same month last year, according to latest figures from the Coffer Peach Business Tracker – with London providing the biggest increase.
The eating out sector can feel besieged by challenges at the moment. But as CGA Peach’s new Looking for Growth report with Barclaycard shows, there is plenty of cause for optimism as we move into 2017. Read the report.
Britain’s supply of licensed premises has been pared back this year – but casual dining restaurants and branded food pubs remain firmly in growth, reveals the sixth edition of the Market Growth Monitor from AlixPartners and CGA Peach. Download report now.
Turtle Bay, Bottles, Shake Shack, Cote and Turtle Bay round out our list of new openings.
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