Restaurants' at-home sales flatten in December as consumers go out to celebrate - London Business News | Londonlovesbusiness.com
Briefly

In December 2024, Britain's leading restaurant groups saw a year-on-year growth in delivery and takeaway sales slow to just 1.9%, the lowest rate since March, according to CGA by NIQ's Hospitality at Home Tracker. This significant decline follows a 6.2% increase in November and comes as at-home sales hit a 19-month rise streak. With inflation at 2.4%, consumer confidence buoyed festive outings, suggesting a shift away from takeaways. Delivery sales showed 2.2% growth while takeaway revenue was flat at 1.4%. Karl Chessell of CGA highlights cautious optimism for 2025 amidst cost pressures.
"After 11 months of real-terms growth for deliveries and takeaways, December's slip below inflation was a disappointing end to 2024 for restaurant groups."
"However, the flipside of the coin is that many consumers were confident enough to head out to celebrate rather than stay in."
Read at London Business News | Londonlovesbusiness.com
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