Category: Drinks
Leisure & Wealth Inequality – The Young Suffer what they Must:
Wish you were younger? Yes, but…what about car insurance, student loans, house prices, later retirement, worse pensions and less job security? What about zero hour contracts, a clogged health service, higher taxes, the environment & the wrinklies’ last bequest, Brexit? Deloitte today tells us that, whilst spending across older age groups has held up, younger…
Rents Poised to Fall: Who Benefits?
Operators must Prepare for another Tricky Year
It’s tough out there — the data says so. Coffer Peach shows a flat summer followed by a negative September (LfL sales -0.9%, inflation +2.7%). Surprises: London underperformance (-1.6% vs. -0.7% in the regions) and restaurants faring worse than pubs (given the wetter, colder weather).
60 Seconds on Experience, Esports, and Elusive Profits
If you want to sound like you know what’s up, just figure out a way to get ‘experience’, ‘esports’, ‘ping-pong’, and ‘food courts’ into a sentence or two. For example: ‘I’m so tired of boring old pubs serving evil, corporate lager — I’m much more into esports — more like THE sports, am I right! — and I love buying new experiences at my local food court. Most of all though, at the end of the day, I just want to drink cocktails and play ping pong in a basement somewhere.’
60 Seconds – Is a Bull Trap emerging in Hospitality?
A deteriorating situation on the ground? Pressures are building within the UK hospitality industry. GNK, RTN, FUL, COM, RIC & TAST have recently warned on profits & analysts have downgraded estimates for MARS, MAB & others. Which is odd as the July Coffer Peach Tracker suggests ‘It’s steady as you go for Britain’s managed pub…