On the brink of the new decade, leading out-of-home food and drink expert CGA looks at the trends it predicts for the year ahead across GB pubs, bars and restaurants
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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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A bumper Christmas could be on the on-trade horizon driven by the festive period now extending across three weeks compared to the ‘historic’ two, according to CGA.
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Optimism among leaders in the on-trade has risen to its highest point for 18 months despite political and economic uncertainty. But senior executives remain wary of squeezed spending and rising costs, according to the latest Business Confidence Survey from CGA and Fourth.
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Drinks sales in Britain’s pubs helped the on-trade stay in growth in November, latest monthly food-and-drink data from the Coffer Peach Tracker has shown.
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Sales of no- and low-alcohol drinks in the on-trade have risen nearly 50% in the last year, according to a new report from food-and-drink sector analysts CGA.
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Veuve Clicquot has partnered with award-winning US singer-songwriter Annie Clark, better known as St Vincent, to open a Champagne bar in London’s Covent Garden.
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UK spirits lovers drank £604m of cocktails in the last year, according to the latest quarterly Mixed Drinks report from market analysts CGA.
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UK distributor Berkmann Wine Cellars has invested £5m in increased stocks and storage capacity at bond in the run-up to Christmas.
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Like-for-like sales in the on-trade rose 1.2% in September, according to the latest data from the Coffer Peach Business Tracker.
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Business confidence among the leaders of Britain’s pub and restaurant groups has taken a hit amid fears about the long-term impact of Brexit, pushing market optimism to its lowest ebb for two years, according to the latest quarterly Business Confidence Survey from CGA.
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Pernod Ricard is banking on another big hurrah for gin growth this festive season, with its on-going popularity and major presence in the UK’s cocktail culture helping to boost growth of premium spirits.
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Britain’s restaurant numbers have fallen for the sixth quarter in a row with independent operators having borne the brunt of the closures as group-owned restaurants prove more resilient despite some major brand failures.
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The latest CGA Fourth Business Confidence Survey, canvassing opinion from hospitality industry leaders, has revealed concern over the frequency of consumer visits to pubs, bars and restaurants during the second half of 2019.
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Cocktails are now one of Britain’s fastest growing drinks categories in spirits, according to CGA.
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UK pubs and restaurants saw trading fall flat in May, according to the latest Coffer Peach Business Tracker. Collective like-for-like sales growth across the market was zero compared to last year.
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The tired, middle of the road, mid-market section of the on-trade is falling away to make way for new, more innovative concepts, suppliers have told Harpers.
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There has been a major shift in the way consumers decide which venues to visit, with the promise of entertainment and engagement now taking precedent over value for money.
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The number of restaurants in Britain dropped by 2.8% in the year to March 2019, according to the latest Market Growth Monitor from CGA and AlixPartners.
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Drinks suppliers could reap a £100 million booze bonanza this summer thanks to alcohol loving festival-goers, according to new CGA research on festivals.
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