Sunday 18 March 2018

Not Even Food Is Immune From Reduced Consumer Spending

A number of restaurant chains in the UK are “restructuring” (business speak for “we are in trouble if we don’t re-examine our business”) with high profile Jamie’s Italian chain closing stores and battling debt.

Casual dining is proving to be a challenge as fewer Brits eat out while the number of dining locations has sky-rocketed. That is not a sustainable ratio.

According to an article in Bloomberg this week, key aspects like menu and restaurant ambience need to constantly evolve if eating destinations are to stay above the pack.