Thunderstorms

Thunderstorms

max temp: 24°C

min temp: 18°C

ESTD 1874 Search

Bury St Edmunds: Greene King launches ‘leisure tracker’ survey of consumer spending trends

09:25 08 April 2014

One of Greene King

One of Greene King's Loch Fyne seafood restaurants.

Pubs and brewing company Greene King, a member of the new Top100 listing of the leading companies in Suffolk and Norfolk, has launched a new survey designed provide a regular insight into “discretionary” spending by consumers.

The Greene King Leisure Tracker will focus on spending in areas such as eating out, drinking out, gambling, cinema-going, health and fitness and live events.

Data will be gathered monthly, based on an online, nationally representative sample of around 2,000 individuals aged 18-plus). The first survey, for February, shows a 6% increase in household leisure spending compared with January, from £191 to £203.

Of the £12 increase in spending, £11 came from eating out and drinking out, which represented around two-thirds of the spending measured in the survey.

The increase is thought to have been driven by the impact of the half-term holiday and the gradual recovery of the consumer finances after the festive period.

Greene King commercial director Steve Jebson said: “We are delighted to be launching the first ever Greene King Leisure Tracker. We have been running the data since August 2013 so we have already built up a detailed picture of where and when GB households direct their leisure spending.

“With the economy slowly improving we are confident that this will eventually filter down to the wallets and purses of consumers but we do not believe that is happening yet. This improvement is mainly due to increased family leisure spending during the half-term holidays and households feeling slightly less strapped for cash after their Christmas spending spree when spending peaked at £249.”

Mr Jebson added: “We are confident the Greene King Leisure Tracker will be used by the trade, by the media and by the City as the place to find a timely and thorough overview of Britain’s leisure behaviours.”

The Greene King Leisure Tracker survey forms part of an wider questionnaire run on behalf of Greene King by research partner YouGov and analysed in conjunction with consumer insight and foresight consultancy Trajectory Partnership.

Paul Flatters, chief executive of Trajectory, said: “It is great to see Greene King spearhead the leisure industry by creating the Greene King Leisure Tracker.

“This kind of category leadership shows a true understanding of the importance of consumer behaviour on spending, which not only benefits the leisure trade, but also those involved in reporting it,” he added.

Search hundreds of local jobs at Jobs24

0 comments

New Ipswich Audi dealership is taking shape

New Audi dealership at Futura Park takes shape

Alex Pattenden, managing director of Unity Online.

Suffolk digital marketing company Unity Media Eastern has rebranded to become Unity Online, in a move designed to help it to meeting growing demand from the small and medium-sized enterprises (SME) sector.

A MRS grab at the Port of King's Lynn, similar to five which have been purchased by Associated British Ports for use at the Port of Ipswich.

Associated British Ports (ABP)has invested more than £160,000 in five new MRS cargo handling grabs for the Port of Ipswich, to help handle an increase in the trade of dry bulk materials.

Melissa Abbott of Muntons who has been appointed national vice chairman of the Brewing, Food & Beverage Industry supplier’s' association (BFBi).

Melissa Abbott has been appointed national vice chairman of the Brewing, Food & Beverage Industry suppliers’ association (BFBi), the first time this role has been held by a woman.

The launch of the Suffolk Black Minority Ethnic Business Awards at the University of Suffolk, which will also host the awards ceremony in October.

The inaugural Suffolk BME Business Awards, recognising enterprise within the county’s black and minority ethnic communities, are now open for entries.

HOT JOBS

Show Job Lists

Most read

Most commented

Topic pages

Streetlife

Newsletter Sign Up

Sign up to the following newsletters:

MyDate24 MyPhotos24