Cineworld’s closure will have significant fallout for casual dining
Foodservice outlets that relied on the sales boost from cinema promotions let out a sigh of relief as lockdown measures loosened in the UK and...
30 October, 2020
Foodservice
McDonald’s expanded bakery line to appeal to 51% of brand-centric US consumers, says GlobalData
Following today’s news (Wednesday 7 October) that McDonald’s has released new bakery items for the first time in almost a decade; Carmen Bryan, Consumer Analyst at...
07 October, 2020
Greggs cuts jobs as 60% of consumers eating lunch out less, says GlobalData
Following today’s news (Tuesday 29 September) that bakery chain Greggs faces possible job cuts following the end to the furlough scheme; Chloe Stephenson, Consumer Analyst at...
29 September, 2020
Just Eat moving staff full-time a blow to nascent gig economy sector, says GlobalData
Just Eat’s decision to classify staff as full-time employees will see a reduction in the gig economy space in the UK. While insurtechs that have...
30 August, 2020
Fast food brands should emulate KFC’s plant-based innovation, says GlobalData
KFC permanently added the plant-based Lightlife plant-based chicken sandwich to its menu in Canadian outlets after an extremely positive pilot scheme. Tasty ‘meatlike’ vegetarian options...
26 August, 2020
Struggling foodservice brands must embrace dark kitchens, says GlobalData
Despite seeing losses in revenue, foodservice outlets have reported that deliveries in several markets are growing. Market leader McDonald’s effectively doubled its deliveries in Australia,...
10 August, 2020
UK customers expected to continue supporting local stores post-COVID-19 as 35% of consumers say it is more important than before, says GlobalData
As high streets in the UK are re-opening, consumers who have been missing their favorite chains such as Starbucks and McDonald’s got the good news...
02 August, 2020
‘Insperiences’ key to US foodservice recovery as 22% of consumers say they will stop eating dinner out-of-home due to COVID-19, according to latest research by GlobalData
· US foodservice revenues expected to fall by over 35%, from $760bn in 2019 to $490bn in 2020 with full recovery not anticipated until after...
29 July, 2020
UK pubs and restaurants need to find ways to reassure consumers to offer sensitive data, says GlobalData
Following the UK Government’s guidance that foodservice outlets keep a temporary record of visitors for a period of 21 days, the country’s foodservice businesses are...
28 July, 2020
UK pubs must find innovative ways to keep consumers entertained in pre-COVID-times, says GlobalData
The re-opening of British pubs this month was a welcome respite for many operators, as the industry is forecast a staggering £10.1bn loss by the...
28 July, 2020
Nestlé’s D2C sales strategy could boost customer loyalty post-COVID-19, says GlobalData
Nestlé’s direct-to-consumer sales strategy, beginning in Spain this week, could be an opportunity for the brand to profit from lockdown and pre-empt future market disruptions,...
20 July, 2020
Passing on VAT savings may offer lifeline to large foodservice players by offering respite to families and promoting ‘affordable luxury’, says GlobalData
Following the news that Starbucks and McDonald’s has promised price reductions after the UK Government’s announcement to cut VAT in the hospitality industry from 20%...
15 July, 2020
Bleak Outlook for Foodservice as a Third of Global Consumers Say Given the Choice They Will Work from Home Post-pandemic, Says GlobalData
LONDON, July 13, 2020 /PRNewswire/ -- Lockdown has created a work-from-home-revolution and with almost a third (*31%) of global consumers confirming that they do not plan to...
13 July, 2020
‘Super Saturday’ is a pivotal turning point for pubs to build sustained sales post-pandemic, says GlobalData
The UKs nightlife is forecast an alarming £10bn loss by the end of 2020* as a result of COVID-19 lockdowns. For this reason, July 4th,...
03 July, 2020
COVID-19 has changed meaning of convenience and Greggs must adapt
Greggs recently announced that it plans to reopen 800 stores across the UK for takeaway orders by June 18. While this news will surely have...
19 June, 2020
COVID-19 to affect global coffee demand and premiumization trend, says GlobalData
Due to the rapid progression of COVID-19, coffee sales are expected to witness drastic decline globally, with North America and Eastern Europe being the worst-hit...
19 June, 2020
Foodservice must find new way to tap ‘experience economy’
Whether you enjoyed the drive-thru at McDonald’s or sitting down at a neighborhood bistro, the experience plays a big part in the foodservice industry. However,...
27 May, 2020
Carluccio’s still needs to withstand COVID-19 crisis as restaurant industry is set to experience sharp downturn
Following today’s news (Friday 22 May) that British billionaire Ranjit Singh Boparan bought the Carluccio’s brand of restaurants, along with 31 other outlets; Hakan Demirci, Consumer...
22 May, 2020
China to potentially become world hub for automated foodservice post COVID-19, says GlobalData
COVID-19 has disrupted the global foodservice industry like no other crisis, with businesses small and large scrambling to pull together their resources and adapt their...
22 April, 2020
Covid-19 demands radical changes in APAC foodservice industry, says GlobalData
Consumers are highly concerned about the possibility of being exposed to Covid-19 and its impact on their health and lifestyle. In line with this, changes...
21 April, 2020
Focused expansion plan helps Burger King India to register 66% sales growth in FY2019, says GlobalData
A focused expansion strategy, prudent pricing plan and menu strategy have helped fast food chain Burger King India to register a 66% growth in sales...
21 October, 2019