All Pubs articles – Page 5
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NewsHospitality boosted by return of office workers
Footfall and trading levels continue to improve week-on-week as we progress through September, with quick service outlets such as Pret A Manger and Black Sheep Coffee reporting significant increases in sales in key city centre locations. Restaurant operators such as Fulham Shore are also seeing improvements ...
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NewsVaccine passports in England to be ‘held in reserve’
The government has insisted that vaccine passports are still a “first-line defence” against a winter wave of Covid-19, but are likely to be “held in reserve” for the time being. The clarification follows comments at the weekend from health secretary Sajid Javid suggesting plans for vaccine passports in England had been scrapped.
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NewsAugust bank holiday leads to strong drink sales
Drink sales surpassed pre-Covid levels for the first time in 2021 during the week ending 4 September according to data from CGA.
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NewsCGA: August sales up 5% versus 2019
A strong trading performance during August resulted in total sales being 5% ahead of August 2019, according to CGA’s Business Tracker.
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NewsChanges likely to testing process to help ease driver shortage
With supply chain issues still causing major issues for the hospitality sector, the Government is set to announce changes to the HGV driver testing process in an attempt to alleviate high levels of driver vacancies.
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NewsHospitality tops environmental sustainability poll
Hospitality and leisure tops the list of industries most concerned about the importance of environmental sustainability according to latest research from Barclays, with 70% of hospitality and leisure respondents rated it as ‘extremely important’. The sector is said to be “achieving a strong balance between investing in environmental sustainability while continuing to maximise financial performance.”
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NewsLiberation achieves strong like-for-like UK sales growth
Liberation Group, which operates more than 120 managed and tenanted pubs and inns in the UK and the Channel Islands, has reported that it has “traded extremely strongly” across all channels to market and all geographies over the 13 weeks to 28 August, with like-for-like managed sales in the UK up +26%.
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NewsPubs, bars and clubs see surge in spending
Data from Barclaycard shows spending at pubs, bars and clubs reached its highest growth for over 17 months during August, and restaurant spend broke into positive growth for first time since the pandemic hit, with expectations that spending will continue to grow further as workers return to the office.
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NewsPubs turn to tech, IPOs and acquisitions to grow
Data from Lumina’s Operator Data Index highlights the collapse in pub turnover between 2019 and 2021, with pub groups increasingly focused on tech, IPOs and acquisitions to help ‘right size’ estates and grow sales.
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NewsStaff optimism dips amid shortages
The twin challenges around staff shortages and lingering concerns about staff safety have added to the pressure felt by staff in the hospitality sector, leading to a decline in the number seeing the sector as a viable long-term career according to the latest CGA and CPL Learning survey of hospitality staff. Hospitality teams generally feel safe in the venues they work in, but the reduction of Covid-19 restrictions has increased safety concerns for some.
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NewsEasing of restrictions increases consumer spending
Over half of the UK adult population had an eating or drinking out occasion as restrictions eased across the UK during July. According to data from Lumina Intelligence, the proportion of UK consumers who had an eating out occasion increased to a peak of 52.2% over the 12 weeks to the 11 July, with frequency of visit and average spend also increasing.
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NewsONS data points to a possible recovery plateau
Hospitality could be experiencing a slowing in the recovery of consumer activity, weekly data compiled by the ONS has suggested.
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NewsHawthorn launches Proper Pubs platform
Hawthorn has announced the creation of a new operator managed platform called Proper Pubs. Proper Pubs will represent about 20% of the Hawthorn estate. Proper Pubs is run by director of managed operations, Mark Brooke, who joined Hawthorn last year. Admiral Taverns completed the acquisition of Hawthorn for £222.3m last week.
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Analysis & InsightGrowth in delivery and takeaway sales begins to stabilise
Growth in delivery and takeaway sales began to stabilise in July as hospitality fully reopened and consumers returned to eating out, with July’s delivery and takeaway sales 206% higher than the 2019 equivalent. But data from CGA’s Hospitality at Home Tracker indicates that delivery and takeaways accounted for over a third of restaurant and pub groups’ sales in July, with delivery representing one in five sales.
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NewsOn premise drinks continue to recover
CGA’s Drinks Recovery Tracker has highlighted continuing improvements in on premise drinks sales following the reopening of late-night hospitality. During the week ending 14 August, sales were just -5% behind the same week in 2019, having been as wide as -27% during the week that included the 19 July reopening in England.
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NewsAdnams reports strong returning demand
Adnams has posted a loss of £3.1m for the six months to 30 June 2021, as it reports strong returning demand from customers in its East Anglia heartland. The brewery and pub operator reported a turnover of £20.5m, marginally less than the £20.6m it posted for the same period in ...
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Analysis & InsightSupply chain fault lines
Supply chain issues are currently hitting the headlines and affecting trade at operators such as KFC and Nando’s. In addition, beer deliveries could be affected by potential strike action by draymen towards the end of August. So, what are the key issues that are causing these supply chain shortages, is the situation likely to continue and what might ultimately be the consequences?
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NewsPrice inflation forecast to rise as supply disruptions hit reopening
Food and drink supply markets have been hit by widespread distribution problems and a spike in demand following the reopening of hospitality, the CGA Prestige Foodservice Price Index reveals. Year-on-year food inflation stood at 1.6% in June, having levelled off at a time of year when it typically falls. The remaining months of 2021 are likely to see further increases in the level of food inflation, as sector demand returns towards pre-pandemic normality and extra supply costs and wage inflation feed into price increases.
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NewsPush back on business rates consultation says Colliers
Colliers is urging a push back on the Government’s proposals to move to three-yearly valuations on business rates as it is concerned about some of the detail included in the consultation. The property services firm has suggested that much of what is proposed will create difficulties rather than benefits for businesses appealing their business rates, while also adding costs and paperwork.
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NewsSales down 6% in July versus 2019 levels
The easing of restrictions, good weather and staycations combined to help hospitality continue its recovery during July, with total sales -5.5% lower than the July 2019 equivalent according to the Coffer CGA business tracker. On a like-for-like basis, sales during July were -6% lower than the same month two years ago. The restaurant sector led performance during the month, while bars benefited from the reopening of the night time economy. However, on a 12 month rolling basis, overall sales remained 20% below the 12 months to July 2020.