Home Blog Blog | Brexit and Global Foodservice
Sep 8, 2016

Brexit and Global Foodservice

Subscribe to our blog

There's a lot going on in the U.S. these days that is drawing the attention of Americans and generally dumbing them down to world affairs.  I mean, what could be more important than Ryan Lochte's future endorsement deals?  So when you mention Brexit to a typical American you might get a confused look...maybe they'll say something like "wasn't that the Donald Trump thing in some foreign country?"...or they'll say "when was that?".

Any non-American would describe this response as being "very American," which is never a good thing.

Europeans (and Brits) know that there has been no Brexit. There was just a vote and there will be many months (kindly) of difficult negotiations to go through before there is an exit agreement. And before that there will be months of posturing.

That doesn't stop people from asking how Brexit is affecting the foodservice market in Great Britain. 

It's not…or rather it hasn't yet.

According to our SalesTrack® Weekly report, which tracks same store sales for a group of the largest chains in the England, the market has held remarkably steady in the weeks following the vote.  

The British market was the strongest global market in Q2 2016 tracked by NPD’s CREST® foodservice market research. Now, however, our NPD analyst in Great Britain tells us that consumer confidence is faltering. It is likely that we will see a negative impact once something actually happens. In the meantime, things have been pretty much OK.


Stay current in your industry
SUBSCRIBE

Related Blog Posts

Tagged: Foodservice


A Carry-out Nation
A Carry-out Nation

There has been a lot of hype around and investment in foodservice delivery, but carry-out occasions ordered digitally are growing faster than delivery occasions. The growth in carry-out digital orders is a clear indication of consumer demand and it presents a larger whitespace opportunity.

Winning the Moment
Winning the Moment

Every day consumers make many decisions about eating. Throughout their decision-making journey there are inflection points when foodservice operators and manufacturers can win the moment.

Breakfast Is Sunny Side Up
Breakfast Is Sunny Side Up

Breakfast at restaurants and foodservice outlets has shown consistent traffic growth over the last several years. The only foodservice meal with year-over-year growth.

France: A Restaurant’s Interior Design Is Just as Important as What’s on the Menu
France: A Restaurant’s Interior Design Is Just as Important as What’s on the Menu

The NPD Group’s foodservice industry expert for Europe and Russia offers insight on the importance of interior design in today’s restaurants

Newsletter

Subscribe and get key market trends and insights relevant to your industry each month.

We will not sell your information. View privacy notice.

Follow Us

© The NPD Group, Inc.