Closer analysis of the fastest growing fasciae within the F&B market shows shopping centres as a key growth area. For example, the top 30 fasciae have increased their presence in shopping centres by +170 units. Of these, the top 10 have the lion’s share with an increase of +109 units. High streets have seen little change and for retail parks there has been a marginal increase with the likes of Costa and Krispy Kreme opening more than 20 units each. The one standout growth fascia on the high street is Costa who have added another +26 units.

The food & beverage (F&B) market has continued to grow at an even faster pace than ever before and the number of eating establishments has particulary boomed in this last year.

Part 1 of this food and beverage snapshot showed the accelerated growth in F&B outlets across the UK in the last 12 months (from July 2016) with growth coming from both independent operators and chains (with more than five units nationally). Part 1 covered the macro trends and this next section will look at which operators have been growing and contracting, along with the location types where this change is occurring. 

New analysis by LDC shows some significant trends in the openings and closures of food and beverage (F&B) outlets across the country. ONS data released in February 2017 showed that spending by households on restaurants and hotels was now more than £45 per week, which is the highest in five years. In February last year, NPD Group published figures that claimed Britons spent a total of £52.2bn eating out in 2015 and that this will rise to £54.7bn by 2017. Burgers alone accounted for £4.2bn of spend, with coffee forecast to rise from £2.17bn in 2015 to £2.4bn in 2017.

Subway, the home of foot-long baguettes and sandwich artists, has been struggling in their home US market. Sales fell 1.7% last year to just over $11 billion, in a market that Technomic report to have grown 3.9% in 2016. But how has Subway been faring this side of the pond?