With a shift in spending habits affecting all sectors on the high street, a new report sponsored by McDonald’s points the way ahead for food franchising.
The future of food franchising is bright, according to a new report produced by industry analysts Allegra Strategies and sponsored by McDonald’s. Eating Out in the UK, 2009 is the most extensive ever analysis of the UK’s informal eating out sector and its findings offer some valuable insight into those businesses best-placed to survive the downturn.
The report, which focuses on pubs, coffee shops and fast food restaurants, paints a vivid picture of the future of the high street, which is equally relevant for the wider food service and retail industries. It reveals that eating out accounts for 22 per cent of our spend on food and drink, compared to just 14 per cent in 1969, and has long been considered resilient to downturns. More.
