All Research articles – Page 25
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News
Restaurant spend up 12% in November
Transactions in restaurants grew 19% in November compared to the same month last year but average transaction value fell 5.9%, according to the latest figures from Barclaycard.
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Analysis & InsightMomentum in vegan trend merits greater recognition
Veganism is one of the UK’s fastest growing lifestyle trends, but how can operators capitalise on its popularity and what is currently stopping them? MCA’s Steve Gotham reports.
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Analysis & Insight
Dining out at Xmas on the rise
The amount of people that dined out for dinner on Christmas Day increased by 43% last year
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Analysis & InsightBurger market set to grow 5.9% per year
The UK branded burger market is set to grow at a rate of c5.9% a year to reach a value of £4bn by 2020, outperforming the wider restaurant market, the latest MCA analysis has shown.
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Analysis & Insight
Foodservice inflation at 5.8% for October
Foodservice price inflation fell for the second month in a row in October to reach 5.8%, however concerns remain about the impact of Brexit and extreme weather.
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Analysis & Insight
Consumer service sector confidence lowest for six years
Almost a third of consumer services businesses, which includes hospitality, reported business volumes dropping in the three months to November, according to the latest data from the CBI.
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Analysis & Insight
Wage squeeze to last a further two decades
Workers face a further two decades of stagnant wage growth, The Institute for Fiscal Studies (IFS) warned yesterday.
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Analysis & InsightUK delivery market to reach £7.1bn this year
The UK foodservice delivery market is expected to reach £7.1bn in 2017, boosted by annual growth of 7.6%, new research from MCA has shown.
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Analysis & Insight
Three in one out of home meals involve bakery item
Three in five out of home meal or snack occasions now involve a bakery item, the latest MCA analysis has shown.
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NewsGrowth in family pub visits
Adult visits to the pub declined slightly over the last year while family visits were on the rise – reversing the recent trend.
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Analysis & InsightRestaurant sales slumped 1.5% in October
Restaurant groups saw like-for-like sales fall 1.5% in October compared to the same month last year, according to the latest Coffer Peach Business Tracker.
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Analysis & InsightCaterers increasingly offering high street brands
The past year has seen an increase in food service management (FSM) companies offering high street brands at the expense of in-house ones.
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News
Diageo plans to become ‘best employer for women'
Diageo plans to become “the best employer for women in the UK”, having released details of a gender pay gap across its British businesses significantly below the national average. The spirits company yesterday published a report into gender parity across its operations, which revealed a median pay gap of 8.6% ...
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Analysis & Insight
Consumer food inflation hits 4-year high
Food inflation, particularly the price of potato crisps, was the biggest contributor to the 12-month Consumer Price Index (CPI) rate of inflation, the latest Office for National Statistics (ONS) figures reveal.
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Analysis & InsightAutumn / winter menu prices up 3.4%
Menu prices for same-line dishes rose 3.4% year-on-year, initial data from the MCA Menu Tracker has shown.
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Analysis & Insight
Sector spending remains resilient
Spending across the hospitality sector remained resilient in October, seeing a modest rise, as overall consumer spending fell at its fastest rate for four years
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Analysis & Insight
Fewer High Street shops closing down
The number of High Street shops closing down has fallen to its lowest level in seven years
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Analysis & InsightEating out frequency at record low
Eating out frequency fell to an all-time low in Q3 2017 after a double-digit decrease in visits.
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Analysis & Insight
Hybrid formats luring consumers away from web
Restaurant operators and retailers are adopting hybrid formats to lure consumers away from online shopping and food delivery, a new report from Euromonitor International finds.
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Analysis & InsightBranded Indian segment to grow 21% this year
The branded Indian cuisine segment is expected to grow by 21% this year, to a value of £150m, the latest MCA research has shown.