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Simon Stenning
4.5K posts
Simon Stenning
@Stennins
Founder of FutureFoodservice. Forecasting, Analysis and Strategic Advice New report - 2030Vision - the Future of Foodservice 2024 to 2030
Stamford, England Katılım Mayıs 2010
1.5K Takip Edilen1.6K Takipçiler
@Barbarian_FC @AllBlacksXV Most of the people who go watch rugby in the uk are antipodean expats
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#Baabaas team v @AllBlacksXV 🇳🇿
📍 GTech Stadium, Brentford
🏉 Kick-Off @ 13:15
🗓️ Saturday 1 November
1/3
1. Oli Kebble
2. Bongi Mbonambi
3. Asenathi Ntlabakanye
4. Ernest van Ryhn
5. Ruben van Heerden
6. Hanro Liebenberg (capt)
7. Fitz Harding
8. Evan Roos
Nederlands
Smart move. Great brand and desirable products coupled with wide reach.
Mark Kleinman@MarkKleinmanSky
Revealed: A controlling stake in Lola’s Cupcakes, the bakery chain which has become a familiar presence in shopping centres and at commuter rail stations, is being sold to Finsbury Food Group, the private equity-backed specialist cake manufacturer. news.sky.com/story/lola-s-c…
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Simon Stenning retweetledi
Exclusive: The Gail’s bakeries investor McWin Capital Partners and fellow hospitality chain-owner TriSpan are about to sign a £75m deal to buy FlatIron, the group of steak restaurants. The transaction, which confirms a @SkyNews report in May, will be announced next month.
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@John_Stepek @Frencheconomics Not necessarily.
Occasions have become less frequent overall.
It’s also been noted that Savings rates have increased, as consumers have re-prioritised….
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@Stennins @Frencheconomics Interesting, but assuming the activity is also displaced (eg not eating out in London but eating out elsewhere)
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Pullback in services producer prices in Q2 to 3.1% is the encouraging forward look in this morning's inflation data. The dominance of the accommodation and food sector in services inflation is striking - an area where both constrained (labour) supply and strong demand are coalescing.
Simon French@Frencheconomics
Probably more in this inflation release for the hawks on the Bank of England MPC. Compound core CPI in 2024 tracking levels seen in 2022/23, and 5.7% YoY. Stubborn - despite the disinflationary impact of energy costs. Most encouraging data point (for doves) was producer price inflation pulling back to 1.4% YoY.
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@John_Stepek @Frencheconomics There is still growth for the market this year, but it is far harder to come by. Volumes are starting to increase (have been subdued- tube/office/tourism etc) but frequency curbed - if it costs more each time, and you have less cash, you’ll do it less….
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@Stennins @Frencheconomics Has spending on leisure/eating out actually been reined in? (Just surprises me). Do you have the figures (I'm guessing so given your bio)
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@John_Stepek @Frencheconomics It has been harder in #foodservice #hospitality to pass on higher wage costs in the form of menu pricing, as consumer discretionary spending has been reigned in…..
Therefore higher rates have actually done their job!
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@Frencheconomics Given the pressure from minimum wage, that seems pretty impressive (unless I'm missing something, which is quite possible)
English
Something that we forecast to happen, as hike in wage rates get passed onto consumers.
The danger is that @bankofengland will maintain rates, keeping pressure on consumers, reducing growth in #hospitality #foodservice
#FutureofFoodservice
Simon French@Frencheconomics
Pullback in services producer prices in Q2 to 3.1% is the encouraging forward look in this morning's inflation data. The dominance of the accommodation and food sector in services inflation is striking - an area where both constrained (labour) supply and strong demand are coalescing.
English
Simon Stenning retweetledi
Co-op has done a deal to open around 160 convenience stores on EG petrol forecourts.
After selling its own forecourt business to Asda, run by Mohsin Issa.
Zuber Issa sold his stake in Asda.
And now runs EG Group's UK forecourts.
Got that?
English
Why has @vernonkay got a kids puppet doing the music quiz on @BBCRadio2 ?
The continuing dumbing down is really frustrating.
English
This is a brilliant move by #AzzurriGroup as we forecast further growth in #FastFood and as #CasualDining moves towards that sector.
Despite a highly competitive environment, we still forecast further growth for spicy #FriedChicken over the #next5years
#futurefoodservice
Mark Wingett@Wingers76
Azzurri Group - @askitalian and @wearezizzi - signs deal to bring @hotchickendaves to the UK; plans to open 60 sites across the UK & Ireland; first set to open Q1 next year in central London #propelinfo
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@Wingers76 @ASKItalian @WeAreZizzi @hotchickendaves A great move as #CasualDining continues to move towards #FastFood.
And there is continued demand for spicy #friedchicken……
Our forecasts are for this sector to continue growing over the #next5years
#FutureFoodservice
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Azzurri Group - @askitalian and @wearezizzi - signs deal to bring @hotchickendaves to the UK; plans to open 60 sites across the UK & Ireland; first set to open Q1 next year in central London #propelinfo
English
@hwallop @Kantar Very good article, well researched- even if that did involve lots of fried chicken!
Next piece - bubble/boba tea brands and dessert cafes…
Both similarly forecasted for significant growth, and both targeting a similar demographic.
Both also replacing the pub as a third space.
English
How did fried chicken and chicken shops take over Britain?
🍔 Beef sold from fast food outlets: £1.98bn in last 12months in GB.
🍗 Chicken sold from fast food outlets: £4.45bn. The equivalent of £70 for every GB resident.
(Source: @Kantar)
A🧵/1…
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@willgkelleher @TimesSport Ref picked this up at half time, first scrum in 2nd half, de Groot stands up, gets penalised (not for not driving straight) and then gets replaced.
Refs have got to get better at managing illegal scrummaging ( see Andrew Porter).
But 8/10 for De Groot was wrong!
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@willgkelleher @TimesSport One point missed @willgkelleher in #playerratings @TimesSport - Ethan de Groot was not penalised for standing up at every scrum in the first half.
That made it impossible for Will Stuart to scrum against. 1/2
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England have called up Manny Iyogun to replace Joe Marler, who injured his foot in the 1st All Blacks Test.
Iyogun on his way, and will be in Auckland on Tuesday to cover Fin Baxter & Bevan Rodd.
@TimesSport
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@tacobelluk, which is pushing on and recruitment underway for @BurgerKingUK
So, no slowdown in expansion there.
#FutureFoodservice forecasts are for continuing growth for #FastFood and #Drivethrus, so the question is purely about the @timhortonsuk site….
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So, is @timhortonsuk slowing down expansion?
This new site in Peterborough has finished building, but no sign of shopfitting yet…
Or is there a delay in shopfitting capabilities?
Just down the road, there is a new #Drivethru site on a shared basis for @BurgerKingUK and…..1/2
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Young Noah Harris working on his birthday but at least we’ve got the right year for the traditional breakfast
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Regrettably, as services inflation remains sticky - due to national min wages etc - rate remains at 5.25%.
We did forecast a drop in the summer, but it will be the later stages, not the earlier one!
(Not that there’s been much summer!)
#FutureFoodservice bbc.co.uk/news/live/c033…
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