Press Releases
- Horizons urges food manufacturers to take NPD for the catering sector more seriously - Comment, March 2010
- Sterling weakness could help hospitality UK see modest signs of recovery - Comment, March 2010
- Eating out expected to rise over Christmas, but it could be a grim January ahead as consumers rein-in spending further - QuickBite, December 2009
- Foodservice operators hike price of starters and desserts while cost of main courses remains flat - Menurama, November 2009
- Pubs lead the way at maintaining margins through menu engineering - Menurama, October 2009
- Cost-conscious consumer here to stay for the long-term - QuickBite, September 2009
- The downturn could be levelling, but keep costs under control urges Horizons - Comment, August 2009
- Canny diners find ways to eat out for less - QuickBite, July 2009
- Innovative promotions keep American consumers eating out as economy hits rock-bottom - Comment
- The changing face of British menus: has sirloin steak lost its appeal for good? - Menurama, April 2009
- Eating out under more pressure as supermarket sector steps up 'meal deal' offers - QuickBite, April 2009
- A recession puts your business acumen to the test - Comment, March 2009
- Can we predict who will survive the crunch? - Comment, February 2009
- Save it for something special mentality means going out less but spending more - QuickBite, January 2009
Horizons News
Solid results from Greggs, but pressure on trading to come
Interim results from Greggs, the UK bakery retailer, show sales are up 2.9%, with like-for-like sales rising 0.7%. Pre-tax profit was up 12.3% to £18.5m.
Capricorn and Clapham House: Consolidation Continues
The fact that Nando’s owner Capricorn Ventures International has made a bid approach for Clapham House, owners of the Gourmet Burger Kitchen and the Real Greek brands, is further evidence of the consolidation we are likely to continue seeing in the eating out sector as we move slowly out of the recession.
Government contracts could become unviable
The announcement today that the coalition Government is calling in its main suppliers to look at ways of cutting some £3bn from their service contracts means that the large contractors servicing education, local authorities, prisons, the MOD and the health service could find some contracts become financially unviable to service.
Will Taco Bell ring the right note with UK consumers?
Taco Bell, owned by Yum! Brands, is once again set to tackle the UK market and is hoping to build a significant presence in Britain. But while the company cites the fact that fast food in the UK is currently buoyant as grounds for potential success, I can’t help being rather more sceptical.
Horizons are upsizing!
Due to continued growth, Horizons have moved to new, larger premises at:
Winston House
2 Dollis Park
London
N3 1HF
Impact of the June 2010 budget on the UK foodservice sector
Horizons had already factored most of the measures announced by the Government in this week’s budget into our previous forecasts for the next two years, but overall we are now slightly more bearish about prospects for the foodservice sector than we were before.
