Research
9 in 10 consumers reported an increase in their cost of living
9 in 10 consumers reported an increase in their cost of living
An analyst reveals a worrying trend where consumers dip into their savings.
1 in 2 Singaporeans rely on social media to find new dining options
43% rely on influencers to know about trendy restaurants.
One out of three customers don’t get a reply to their query: report
Only 22% replied within the hour.
UK managed restaurants, pubs, and bars sales inches up 6.9% in April
Inflation however offset this growth.
62% of Australian consumers desire more discounts as cost crunch bites: study
Consumers also prefer retailers with combined digital and offline services.
Foodservice price inflation falls below 20% for the first time in five months
The decrease was caused by an easing of prices in key commodity markets.
QSRs remain resilient against consumers cutting back on spending
Aussies cutting back would just mean they would be pushed towards cheaper eating options.
Macca’s top pick by Aussies: survey
International brands dominated the survey.
Singapore’s F&B sales grow 40.1% in May
All food and beverage services industries recorded growth in sales this year.
Appetite for F&B apps up as time-crunched Southeast Asians become more cost-conscious
Indonesia saw the largest growth in app downloads with nearly 88% YoY.
Just 6% of Brits order takeaway several times per week: YouGov
29% or three in ten Brits buy takeaway food less than once per month.
Delivery, takeaway sales dip YoY as British cities return to growth
Combined sales in May 2022 were 29% below the level of May 2021.
Store expansion up in past three months
Most store openings were seen in Victoria, a GapMaps report revealed.
Dining out spend poised to decrease as cost-of-living crisis worries Brits
The NPD Group’s Uncertainty Impact study showed a significant increase in financial concerns amongst the UK’s population.
Restaurants, pubs’ like-for-like sales flat in May as cost crisis worsens
London trading builds back, but dine-in sales dip.
QSRs have highest brand loyalty amongst consumers during cost-of-living crisis — survey
Delivery and takeaway ranked the highest in what consumers may spend less on, if budgets tightened.
High food and drink inflation extending into 2023, study warns
The latest CGA and Prestige Foodservice Price Index shows a third consecutive month of double-digit inflation.
