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Restaurants’ delivery and takeaway sales stabilising after post-COVID slide

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Restaurants’ delivery and takeaway sales stabilising after post-COVID slide

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Year-on-year delivery and takeaway sales by value have now fallen for 18 months in a row, after the easing of COVID-19 restrictions brought people back out to restaurants. That’s according to CGA by NIQ’s latest ‘Hospitality at Home Tracker’. Delivery and takeaway / ‘click and collect’ orders were down by 10% and 12% respectively in May — an indication that trading is being sustained by increased menu prices. After adjustments made for inflation, May’s sales by value were substantially behind May 2022 in real terms.

However, the Tracker also shows that comparisons are easing. Year-on-year sales drops have now been below 3% for three months in a row, suggesting that consumer demand is starting to stabilise. Deliveries and takeaways accounted for 15% of managed restaurant groups’ total sales in May.

Karl Chessell, CGA’s director – hospitality operators and food, EMEA, said “Delivery sales during the lockdowns of 2020 and 2021 were a lifeline to restaurant groups, and a dip was inevitable when people started eating out again. After an 18-month slide the balance of eat-in and at-home sales may now be settling into a new normal, though high inflation means proper growth is still some way off. Rising costs and fragile consumer confidence continue to make trading challenging, and restaurants will be hoping for respite as we move towards the second half of 2023.”

For more information visit cgastrategy.com

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Our team are on hand to discuss your business’s unique needs, balancing core business objectives and efficiencies with an expertise in environmental awareness. Contact us today on 01322 284455 or by emailing [email protected].

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Bold Thinking, Reliable Execution