Cafes and food delivery apps are our new rivals, Greene King CEO says
Summary
The CEO of Greene King, Nick Mackenzie, notes that cafes and food delivery apps are new competitors to traditional pubs in the UK. As a result, pubs are adapting by offering non-alcoholic drinks and creating more inviting environments to attract customers who drink less alcohol. Greene King is also incorporating activities like games to maintain customer interest.Key Facts
- Greene King operates 2,700 pubs across the UK.
- Cafes and food delivery apps are drawing customers away from pubs.
- There are over 14,000 cafes and coffee shops in the UK, compared to more than 40,000 pubs.
- About one-third of under-25s and 20% of all Brits don't drink alcohol.
- Greene King pubs are adapting by offering non-alcoholic drinks and improved coffee options.
- The trend is moving from drink-focused pubs to more food-focused venues.
- Some pubs are introducing games like electronic dartboards to attract customers.
- The CEO of Greene King, Nick Mackenzie, has previous experience with entertainment venues, which may help adapt pubs to modern trends.
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