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…
The Times They Are A Changin’ Landlords have profited from the boom in casual dining. Low interest rates, deep pockets, and lots of vacant A1 units have encouraged growth. Supply is reaching a tipping point, particularly in London; the market is saturated. Interest rates, input costs, wages, competition, etc. have led operators to trim their…
The High Street and department stores must fill the vacuum left by online retailing. This might entail a shift towards a wider variety of leisure pursuits.
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).
A desperate situation?
Film is (or has been) a proxy for Leisure Park attendances.
But data from the US shows both production and demand wilting.
It had been hoped that rebooting 70s classic would revitalise the industry.