Current Pub & Restaurant Trading in 60 Seconds…

LfL sales down 1.4% in May in worst month since March 2013: Coffer Peach data rather disappointing to say the least New capacity meets sluggish demand, LfL sales down 1.4% Total sales still up 2.2% (and that’s not including new-entrants, smaller operators etc.) Pubs vs restaurants, London vs the Provinces: Britain needs a drink. Pubs…

The UK Coffee Market: Independents vs. Incumbents

While other markets falter, coffee prospers In most evolving industries, at some point, the disruptive new entrant becomes the familiar incumbent. Langton was struck by this thought while noting the continued success of coffee operators around Spitalfields. The number of coffee outlets in the UK has almost trebled in the last six years to nearly…

London slowdown indicated by Fuller’s numbers. Statistical blip or the end of an era? Likely neither…

London pubs, bars & restaurants in 60 seconds…. London trading has been great. It might be getting a little less so. Recently: LfL sales have been chugging along at 4%, 5%, 6%… Whilst extremely positive, capacity has been increasing, new units have been going on New entrants (vibrant, innovative, relevant) are opening units apace Occupancy…

Euro 2016: Blessing or Blight….

Football benefits wet-led pubs. For virtually all other operators, it’s a negative Pubs: Wet led pubs perform strongly over football tournaments, food led units do not. Sports-led units will clearly perform well. Chameleon bars run the risk of alienating both groups of customers. Hence it’s not just a case of plugging in ‘football’ and getting…

New Entrants, Blessing or Blight….

New entrants keep markets fresh – but they cause problems for incumbents. Restaurants, bars, hotels, you name it: Bars, restaurants: o    Peach Tracker shows total sales > LfL by c3%. That’s the impact of new capacity o    Some will be new entrants & others will be incumbents bulking up o    But the latter can lead…