Cga

Business set to ‘feel the heat’ on food prices ‘for some time to come’

09-Jan-2024 By James McAllister

Analysts have warned that businesses across the food supply chain will be ‘feeling the heat on prices for some time to come’ as inflation continues to fall slowly.

Ordering habits 'evolve' as delivery sales rise and takeaways fall

19-Dec-2023 By James McAllister

Delivery sales at Britain’s top managed restaurant groups rose 4% year-on-year in November 2023, CGA by NIQ’s latest Hospitality at Home Tracker shows — but takeaway sales fell 6%.

Restaurant groups see 'solid' November sales

13-Dec-2023 By James McAllister

Britain’s leading hospitality groups achieved year-on-year sales growth of 4.0% in November, the new CGA RSM Hospitality Business Tracker reveals.

Foodservice price inflation falls to lowest level since August 2022

30-Nov-2023 By James McAllister

Inflation as measured by the CGA Prestige Foodservice Price Index (FPI) fell for the fifth consecutive month in October, dropping to its lowest level since August 2022.

Confidence in hospitality sector climbs again despite cost challenges and rates threat

22-Nov-2023 By James McAllister

The optimism of Britain’s hospitality leaders has risen for the fourth quarter in a row, but they remain concerned about inflation in key inputs, and the challenge of business rates.

Delivery and takeaway sales grow for fifth consecutive month

21-Nov-2023 By Restaurant

Delivery and takeaway sales at the country’s leading managed restaurant groups rose 5% year-on-year in October 2023, figures show.

Wet weather softens growth for managed restaurants in October

15-Nov-2023 By James McAllister

Managed restaurant groups saw year-on-year sales growth slow to 2.7% last month amid widespread poor weather, the new CGA RSM Hospitality Business Tracker reveals.

Britain’s licensed premises drop below 100,000 for the first time in 20 years

30-Oct-2023 By Restaurant

New figures from hospitality trade body UKHospitality show that Britain’s number of licensed premises has fallen by nearly a third (31%) in the past two decades.

'Convenience-driven change' in consumer habits leads to dip in takeaway sales

26-Oct-2023 By James McAllister

Britain’s top managed restaurant groups achieved double-digit growth in delivery sales in September, but takeaways dipped after a 'convenience-driven change' in consumer habits.

Managed groups register 12 months of growth

18-Oct-2023 By James McAllister

Britain’s managed restaurant, pub and bar groups completed 12 consecutive months of year-on-year sales growth in September, the new CGA RSM Hospitality Business Tracker reveals.

Fall in food and drink prices not expected until ‘at least early 2025’

03-Oct-2023 By James McAllister

A fall in food and drink prices, otherwise known as deflation, is unlikely until ‘at least early 2025’, according to analysis from the latest CGA Prestige Foodservice Price Index.

Delivery and takeaway sales rise for third sucessive month

20-Sep-2023 By James McAllister

Britain’s top managed restaurant groups secured a third successive month of year-on-year growth in delivery and takeaway sales in August.

Operators turn to tech to combat staff retention

19-Sep-2023 By James McAllister

Nearly half of hospitality operators are utilising tech to improve staffing challenges such as retention and churn, according to the latest Business Confidence Survey from CGA by NIQ and Fourth.

Poor weather ‘good news’ for the managed restaurant sector in August

13-Sep-2023 By Joe Lutrario

Widespread cool weather kept many consumers indoors and made August a good month for the managed restaurant sector, where like-for-like sales finished 8.6% ahead of August 2022.

UKHospitality: ‘It's near impossible for venues to keep up with the cost of doing business’

08-Sep-2023 By James McAllister

UKHospitality has warned that the rate of inflation means it’s 'near impossible' for operators to keep up with the cost of doing business.

Food inflation in hospitality slows slightly as retail prices begin to fall

07-Sep-2023 By James McAllister

Inflation as measured by the CGA Prestige Foodservice Price Index fell marginally to 21.7% year-on-year in July.

Confidence high amongst hospitality leaders despite ongoing cost and staffing challenges

29-Aug-2023 By James McAllister

Optimism among Britain’s hospitality leaders has risen for the third quarter in a row, the new Business Confidence Survey from CGA by NIQ and Fourth reveals.

Delivery and takeaway sales see second successive month of growth

24-Aug-2023 By James McAllister

Britain’s top managed restaurant groups achieved year-on-year growth in delivery and takeaway sales of 4% in July, CGA by NIQ’s latest Hospitality at Home Tracker shows.

Restaurant groups enjoy sales boost as wet weather dampens growth for pubs and bars

18-Aug-2023 By James McAllister

Britain’s managed market recorded the tenth successive month of year-on-year sales growth in July, the latest Coffer CGA Business Tracker shows, with restaurant groups enjoying a boost of over 10%.

Delivery and takeaway sales return to growth after 18 month decline

01-Aug-2023 By James McAllister

Delivery and takeaway sales at Britain’s leading managed restaurant groups in June were 4% ahead of the same month in 2022, CGA by NIQ’s latest Hospitality at Home Tracker shows.

Food prices in hospitality surge again

31-Jul-2023 By James McAllister

Inflation as measured by the CGA Prestige Foodservice Price Index rose again to 22.6% year-on-year in June — close to the record high of 22.9% in December 2022.

‘Another tough quarter’ for hospitality as more than 1,100 outlets lost in Q2

26-Jul-2023 By James McAllister

Hospitality recorded 1,139 net closures in the second quarter of this year, equivalent to 12.5 outlets shutting each day, according to the new Hospitality Market Monitor.

Pub growth comes ‘at the expense of restaurants’ as sunshine warms up managed groups' sales

26-Jul-2023 By James McAllister

Britain’s managed restaurant, pub and bar groups recorded a ninth successive month of year-on-year sales growth in June 2023, the new Coffer CGA Business Tracker shows.

Business confidence remains ‘well below’ pre-Covid levels as soaring prices pile pressure on hospitality

19-Jul-2023 By James McAllister

Hospitality’s post-Covid recovery continues to be threatened by rising prices in multiple key areas, leaders have warned in the latest Business Confidence Survey from CGA by NIQ and Fourth.

Foodservice prices rise by more than a third in two years

28-Jun-2023 By James McAllister

Year-on-year inflation as measured by the CGA Prestige Foodservice Price Index increased again to 21.6% in May — only just below the record high of 22.9% of December 2022.

London's hospitality sector 'stabilises' in first quarter of 2023

27-Jun-2023 By James McAllister

Central London’s hospitality sector is recovering after suffering hundreds of licensed premises closures during the Covid-19 pandemic, according to the latest Hospitality Market Monitor from CGA by NIQ and AlixPartners.

Muted sales rise for restaurants in May as pubs benefit from bumper bank holidays

21-Jun-2023 By James McAllister

Britain’s leading managed restaurant, pub and bar groups achieved an eighth consecutive month of year-on-year sales growth in May 2023, the latest Coffer CGA Business Tracker shows.

Foodservice price inflation jumps back above 20% in April

14-Jun-2023 By James McAllister

Year-on-year inflation in foodservice prices rose unexpectedly to 21.4% in April 2023, according to the new edition of the CGA Prestige Foodservice Price Index.

Inclusive policies in hospitality demanded by customers, new survey shows

09-Jun-2023 By James McAllister

Almost two-thirds of customers think a venue’s equity, diversity and inclusion (EDI) policy is important, according to the latest Future Shock survey by UKHospitality and CGA by NIQ.

Consumer appetite for hospitality holds steady amid cost of living crisis

07-Jun-2023 By James McAllister

New research from CGA by NIQ reveals consumer demand for Britain’s pubs, bars and restaurants has held steady during months of rising household bills.

Business confidence rising in hospitality despite inflationary pressures

05-Jun-2023 By James McAllister

Optimism among leaders of Britain’s top hospitality groups has risen since the start of 2023, according to the latest Business Confidence Survey from CGA by NIQ and Fourth.

Hospitality facing ‘chronic’ inflationary pressure as growth stalls

24-May-2023 By James McAllister

Hospitality turnover in the last year was down 14.7% compared to pre-pandemic levels when accounting for inflation, according to new figures provided by UKHospitality.

Demand for deliveries and takeaways shows signs of stabilising as sales decline slows

17-May-2023 By James McAllister

Britain’s leading managed restaurant groups saw delivery and takeaway sales drop 1% year-on-year in April, the new Hospitality at Home Tracker from CGA by NIQ shows.

Foodservice price inflation falls below 20% for the first time in five months

12-May-2023 By James McAllister

The food and drink sector received small but welcome relief on soaring prices as inflation dropped to 18.9% in March 2023, the latest CGA Prestige Foodservice Price Index reveals.

London footfall on the rise as workers return to offices

05-May-2023 By Georgi Gyton

London has risen to second place in the latest Top Cities table from CGA by NIQ and Wireless Social, following a bounce back in office workers and visitors to the capital over the first quarter of 2023.

Hospitality records more than 12 closures a day as nearly 4,600 venues shut in a year

02-May-2023 By James McAllister

Britain has suffered a net decline of 4,593 licensed premises in the last year to March 2023, the new Hospitality Market Monitor from CGA by NIQ and AlixPartners shows.

Restaurant groups 'relying on menu price rises to stem delivery and takeaway losses'

26-Apr-2023 By James McAllister

Delivery and takeaway sales at Britain’s top restaurant groups in March were 3% below the same month in 2022, the new Hospitality at Home Tracker from CGA by NIQ reveals.

Hospitality 'stuck in a rut' as inflation continues to outpace growth

24-Apr-2023 By James McAllister

Like-for-like sales at Britain’s leading managed restaurant, pub and bar groups in March were 1.4% ahead of last year’s levels, the new Coffer CGA Business Tracker shows.

Foodservice price inflation shows signs of easing but remains above 20%

14-Apr-2023 By James McAllister

Year-on-year food inflation fell slightly to 20.6% in February 2023, the new CGA Prestige Foodservice Price Index reveals.

Hospitality trading 'now consistently ahead year-on-year'

21-Mar-2023 By James McAllister

February sales at Britain’s leading managed restaurant, pub and bar groups were 3.9% ahead of last year on a like-for-like basis, the latest Coffer CGA Business Tracker reveals.

Rising prices prop up delivery spend as order frequency reduces

16-Mar-2023 By James McAllister

Delivery and takeaway sales at Britain’s top managed restaurant groups fell year-on-year for the 16th month in a row in February, new data from CGA by NIQ reveals.

Confidence in recruitment remains low despite drop in vacancies

09-Mar-2023 By James McAllister

Labour shortages at Britain’s top managed hospitality groups may be starting to ease, but confidence in recruitment across the sector remains low, according to new research,

Foodservice price inflation in first fall since September 2021

23-Feb-2023 By James McAllister

Foodservice price inflation fell slightly to 22.0% in January, the new edition of the CGA Prestige Foodservice Price Index (FPI) reveals.

'Significant turning point' as hospitality sales growth outpaces inflation in January

22-Feb-2023 By James McAllister

Britain’s leading managed pub, bar and restaurant groups achieved like-for-like sales growth of 10.9% in January 2023, the new edition of the Coffer CGA Business Tracker reveals.

Confidence rises among hospitality businesses

21-Feb-2023 By Restaurant

Leaders at Britain’s hospitality groups remain cautiously optimistic about the future despite spiralling costs, research has shown.

Food price inflation hits record high of 24%

25-Jan-2023 By James McAllister

The CGA Prestige Foodservice Price Index (FPI) ended 2022 at record highs, with the food basket nearly one quarter higher than December 2022 at 24%.

Independent businesses battered as cost pressures drive hospitality closures above Covid-hit years

20-Jan-2023 By James McAllister

Mounting cost pressures led to a net decline of 1,611 licensed premises in the fourth quarter of 2022, new figures show, with independent businesses bearing the brunt of the pain.

Hospitality toasts best December in three years

18-Jan-2023 By James McAllister

Managed hospitality groups enjoyed their best December trading in three years, the latest Coffer CGA Business Tracker reveals — but sales remain well below pre-Covid levels in real terms.

Foodservice price inflation hits 21.5%

19-Dec-2022 By James McAllister

The CGA Prestige Foodservice Price Index continued its strong upward trend during November 2022 to reach record inflation of 21.5%.

Restaurant sales slip as inflation continues to slash growth

14-Dec-2022 By James McAllister

Like-for-like sales at Britain’s leading managed pub, bar and restaurant groups were up 3.7% in November from the same month in 2021, according to the new Coffer CGA Business Tracker.