Consumer foodservice was negatively impacted by the COVID-19 virus in 2020, with the economy in Italy being severely hit by the government’s lockdown and restrictions across the year. The initial lockdown from March to May 2020 disrupted consumer foodservice by imposing the closure of outlets across the country. In response to this challenge,...
The Russian economy in 2020 came under the powerful influence of two negative factors at once: the rapid spread of the Coronavirus (COVID-19) pandemic and its detrimental effect on the global economy; as well as the collapse in oil prices in Q1. Consequently, the national currency depreciated significantly against the US dollar and the euro....
Consumer foodservice saw a massive current value decline in 2020, after many years of solid growth, as COVID-19 put huge negative pressure on the industry in this year. Lockdowns in the spring and autumn meant all consumer foodservice outlets had to close, except for takeaway and home delivery. Some outlets decided to keep their businesses...
Consumer foodservice suffered a huge decline in sales in 2020. The revenue losses resulted from permanent outlet closures, temporary closures during the lockdown, travel restrictions, lower consumer confidence and the shift in consumer behaviour from eating out to home cooking. Consumer Foodservice in Canada report offers a comprehensive...
Since the coronavirus outbreak, massive lockdown, store closures and restricted public movement in January and February led to a dramatic decline in China’s economy in 2020. Whilst ultimately effective in containing the virus, the impact on foodservice demand remained significant, with a large slump affecting the entire year’s performance,...
In 2020, Consumer Foodservice transactions posted a dramatic decline in demand across all categories. This is due to the devastating effects of the COVID-19 crisis which led to the implementation of a lengthy period of national lockdown from March until June 2020. During this period of national lockdown, all non-essential retail and consumer...
Consumer foodservice performance suffered throughout 2020, as the pandemic swept the nation, sending customers into lockdown from March 2020, and shifting consumer spend onto retail, away from foodservice. During the lockdown period, businesses had to adapt their strategies to survive; a concept that was easier for chained players than independents. Consumer...
COVID-19 restrictions and health concerns severely impacted the whole consumer foodservice sector in Ireland. Besides national or regional restrictions and social distancing measures, the Irish hospitality and foodservice sector is closely tied to international tourism, which was heavily restricted in 2020. Furthermore, due to home seclusion,...
The pandemic had a devastating impact on consumer foodservice in South Africa, moving from 5% value growth in 2019 to a value decline of 32% in 2020. Due to the spread of the virus, the government implemented a national lockdown period from 27 March 2020, when all movements were restricted, and restaurants were prohibited from trading for...
2020 was an unprecedented year in many ways for consumer foodservice in Singapore. With the spread of COVID-19, a one-month “Circuit Breaker” (CB) was introduced to curb the rising trend of unlinked community cases. Between April and June, foodservice outlets could not open for dine-in and were restricted to only providing takeaway or food...