Page 8 - Essentially Catering Issue 98
P. 8

Essentially Catering Magazine - February 2020



        Industry News






          Dr. Oetker launches


          definitive guide



          to pizza





          Dr. Oetker Professional has launched a guide to the out-of-home pizza
          market, to help operators unlock the profit potential of a booming
          £4.9 billion market.
            The comprehensive report brings together valuable information on what is making pizza the fastest growing dish
          out of home, consumer eating habits, the top trends to help operators plan their offerings, as well as a closer look at
          how and why pizza is performing in the casual dining, pub, hotel, leisure, education and food-to-go markets.
            The full report is available to download at www.oetker-professional.co.uk

        Restaurant closures down,


        job losses up in 2019




        Despite 2019 seeing Jamie’s Italian disappear from Britain’s embattled high streets, Patisserie Valerie’s fall from
        grace and the owner of Giraffe and Ed’s Easy Diner announcing plans to close a third of its outlets, the overall number
        of casual dining restaurants that closed for good fell by more than a fifth from 1188 in 2018 to 922 during 2019.
        Job losses                                            Lower business rates from 1 April
        End-of-year figures by the Centre for Retail Research (CRR)   Small independent restaurants in England, those with a
        show that while fewer casual dining restaurants were closed   rateable value of less than £51,000, will be given a helping
        than in 2018, total job losses still rose by 8%. There were   hand seeing their business rates bills cut in half on 1 April
        a total of 11,280 job losses across the entire casual dining   2020 with the Government increasing the retail discount
        sector in the UK during 2019 up from 10,413 in 2018.  from 33%. Altus Group says the average small independent
                                                              restaurant will save £10,624 in tax during 2020/21.
        More restaurants
        Alex Probyn, President of UK Expert Services at the real
        estate adviser Altus Group, said: “There has been huge
        growth in the casual dining market but restaurant numbers
        were still up 16% compared with 2010. However, the race
        for space pushed up rents impacting on rateable values that
        came into effect in 2017. Extra tax for business rates coupled
        with rising food prices and staff costs through increases
        in both the national and minimum wages created a lethal
        cocktail as margins were squeezed.”
        In 2018 that squeeze saw the likes of Gourmet Burger
        Kitchen, Carluccios, Prezzo, Chimichanga and Byron all
        close outlets with a total of 622 chain-operated restaurants
        closing - a figures that fell by 46% to 337 in 2019. The
        balance of the closures came from independents, according
        to the CRR.



                                  Email: editor@essentiallycatering.co.uk • www.essentiallycatering.co.uk     7
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