24 Jul 2010

Six nightclubs a week closing - General News - Morning Advertiser

Research from Mintel shows that a total of 355 clubs closed last year — 13% of the country’s 2,722.

“Nightclubs were struggling prior to the recession as people increasingly opted for late-night bars,” said Jonny Forsythe, of market researchers Mintel. 

“However, the economic downturn has accelerated their decline meaning that consumers — and particularly nightclub’s core target of 18-24 adults — have much less disposable income to spend on their leisure activities.  

“As a result, these younger consumers have little choice but to drink more in-home. with alcohol being much more affordable in supermarkets, who deliberately discount in order to attract footfall.”

“The increasing gap between the cost of alcohol to drink in-home and that bought in the on-trade (ie pubs, bars, clubs and other licensed venues) which can be as much as five or six times more expensive, has meant a general shift towards in-home drinking for the UK population over the past five years.  

Posted via email from pubs's posterous

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