Out-of-home food and drink sales are in growth in all of Britain’s 10 biggest city centres, with higher spend-per-visit driving growth rather than footfall.
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New figures have shown how the hospitality sector’s staffing crisis is worsening under growing stagnancy in the job market, as the gap between new job creation and people willing to enter the workforce is widening.
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Inflation and price squeezes have impacted sales of FMCG products in the multiples over the past 12 weeks, including alcohol. However, in actual terms, alcohol is still a more profitable sector than pre-pandemic.
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After a challenging period that saw all other major wine events pushed back from early 2022, Wine Paris & Vinexpo Paris has trumpeted a successful return to the fray.
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Red tape and potential duty rises are going to push up prices for wine, as James Lawrence reports.
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Already battered on-trade businesses suffered further in what should have been their busiest time of year. Clinton Cawood reports.
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Newly released data from UKHospitality and CGA Strategy paints a grim picture for on-trade businesses, with sales in UK pubs, restaurants and bars falling 60% on Christmas Day, 31% on Boxing Day and 27% on New Year’s Eve, when compared to 2019.
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The sparkling wine category was the clear winner of the Christmas retail bonanza, with both merchants and analysts reporting bumper sales.
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Pent up demand has seen Revolution Bars, the 67-strong bar group, report strong trading well ahead of expectations.
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Managed pub and restaurant groups able to deliver outdoor service managed to deliver 74% of normal sales in April compared with the same period in 2019, but overall sales were 60% down with a majority still closed.
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Spirits reached a major milestone in 2020, overtaking wine to become the largest category in terms of penetration in the off-trade for the first time in at least five years.
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Local shops and businesses are on a ‘cliff edge’, with one in 10 facing permanent closure without a successful Christmas trading period.
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Level 4 restrictions will come to an end for parts of west central Scotland from 6pm on December 11. However, the Scottish Licensed Trade Association (SLTA) has said that there is much left to be done if businesses are to survive ongoing government measures.
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Spanish tapas restaurant and bar group Iberica has successfully emerged from the threat of insolvency, saving around 135 jobs and five out of seven outlets.
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Alcohol has weathered the storm of the coronavirus, new figures show, beating packaged foods and other beverages to see a 25% uplift in value sales since the beginning of lockdown.
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The festive season brought cheer for Brtiain’s on-trade, with like-for-like sales up 2.5% on the same six-week period in 2018, according to data from the Coffer Peach Business Tracker.
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As the first half of 2019 draws to a close, Harpers asked key trade figures to highlight the current challenges, ongoing trends and opportunities
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With 312 days to go until the UK officially leaves the EU, the effect of economic uncertainty and how the trade is placed to take advantage of opportunities offered by Brexit formed the crux of discussions at one of the opening debates of the London Wine Fair this morning.
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Sales at independent drinks distributor Conviviality surged by 9.2% to £836.3m in the 26 weeks to October 29 2017, the group announced today.
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