Presentation on theme: "Restaurant Trends, Recession Economy Jenni Muir, Editor Time Out London Eating & Drinking Guide. All images are copyrighted and used with permission of."— Presentation transcript:
Restaurant Trends, Recession Economy Jenni Muir, Editor Time Out London Eating & Drinking Guide. All images are copyrighted and used with permission of Time Out Ltd.
Whats happening, and likely to happen in the world of restaurants Trends relevant to food manufacturers and retailers
Recession is a time of opportunity for food retailers and manufacturers as most people eat out less often … but restaurants now realise that too.
Restaurants will increasingly incorporate shops and takeaways in their business plans following Sally Clarkes late-1980s lead
Delis and traiteurs – dining out at home Tavola (Notting Hill) Handmade Food (Blackheath) Trinity Stores (Balham) Melrose & Morgan (Primrose Hill) Adafina (St Johns Wood) St Helens Food Store (Latimer Road) The Grocer on Elgin (Notting Hill) Winner Best Traiteur Time Out Eating & Drinking Awards 2008
Restaurants + Shops Manicomio (Machiavelli food importers) Zafferano Delicatessen (Slow Food + traiteur) Japan Centre (recently expanded, extensive patisserie) The Barnsbury Grocer (Gastropub offshoot) Tom Aikens (Selfridges concession for Toms Kitchen range) York & Albany (forthcoming Gordon Ramsay boutique hotel and shop overseen by Angela Hartnett)
Key trends for restaurants CHALLENGES More at-home entertaining, especially outside London Treating self at home High-end restaurants will experience mixed fortunes depending on their individual customer base OPPORTUNITIES In London, a refocus on cheap ethnic restaurants and inexpensive family venues Continuing spread of gastropubs, cafés with a twist, bars with light bites
Ready meal potential? Fashionable travel destinations for people in their 20s and 30s Latin America The real Spain
East European immigration The Chelski set Eastern Mediterranean crossover à la Baltic / Waitrose Delicatezze