June’s like-for-like sales at Britain’s top managed restaurant, pub and bar groups were 5% ahead of the pre-Covid-19 levels of June 2019, the latest Coffer CGA Business Tracker reveals.
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A new report, Future Shock – Leaving Covid Behind, shows sales are back to pre-pandemic levels, but 15% of roles remain vacant, costs are spiralling, and the cost of living challenges is impacting consumer spending.
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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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Like-for-like sales at Britain’s leading managed restaurant, pub and bar groups in May were just 0.1% ahead of the pre-Covid-19 levels of 2019, the latest Coffer CGA Business Tracker reveals.
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Data from CGA has revealed a third month of double-digit inflation for foodservice prices in April, with further rises expected and inflation unlikely to fall below 7% until at least next year.
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Britain’s leading managed restaurant, pub and bar groups recorded like-for-like sales growth of 2% in April 2022, the latest Coffer CGA Business Tracker reveals.
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Premium soft drinks and cocktails are in more demand than ever after consumers traded up for expensive beverages at home during lockdowns.
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Britain’s managed restaurant and pub groups’ delivery and takeaway sales remain more than double pre-Covid-19 levels – but trading has dipped year-on-year as consumers resume their out-of-home eating habits.
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The past two years have been tough for everyone and Britain’s gin distillers are no exception. The various lockdowns and general uncertainty hit the industry hard and, while retailers and direct sales helped alleviate the shortfall, “the on-trade could never be replaced by home consumption”, according to Nick Cook, director-general of the Gin Guild.
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Hospitality’s recovery from Covid remains “fragile”, new data has shown, as solid growth for Britain’s managed restaurant, pub and bar groups in March was dampened by high inflation.
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Staffing issues continue to set back hospitality’s recovery from Covid-19, according to a new survey, which has found that nearly four out of five hospitality leaders have offered higher wages to try to retain staff.
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After enjoying a period of meteoric growth, the UK's favourite white spirit has hit a stumbling block, with a drop in hospitality market share in 2021.
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Britain’s managed restaurant, pub and bar groups raised sales above pre-pandemic levels in February, thanks mainly to the removal of Covid-19 restrictions. Still, high inflation continues to make real-terms growth challenging.
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Hospitality sectors in major British cities including Bristol and Manchester are recovering their vibrancy as Covid restrictions wind down, according to new research.
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Rising consumer confidence about safety and the easing of Covid-19 restrictions helped Britain’s managed pub, bar and restaurant groups to a modest increase in sales in January, the Coffer CGA Business Tracker has revealed.
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New research from CGA Strategy has uncovered a stark division between hospitality businesses in London and regional cities across the UK, with the latter thriving in the context of a difficult trading period, while London continues to struggle.
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The easing of Covid-19 restrictions is having a positive impact on drink sales across the on-trade, according to the latest CGA Drinks Recovery Tracker.
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Despite the inevitable trepidation surrounding the Omicron variant, 85% of British office workers say they are looking forward to a return to the office and getting to spend more time with colleagues – with work social events high on the agenda.
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Sales of alcohol in the on-trade have continued to lag behind the levels seen in 2020, according to the latest CGA Drinks Recovery Tracker, yet a resurgence is forecast as Plan B restrictions come to an end this week.
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On-trade drinks sales fell by a quarter in the run-up to Christmas as wary consumers avoided pubs, bars and restaurants ahead of socialising on the big day, as Andrew Catchpole reports.
