All MCA Insight articles in April 2020 – Page 4
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NewsDomino’s launches employee support fund
Domino’s UK has launched a new employee support initiative, intended to provide financial aid to workers experiencing personal hardship as a result of the coronavirus pandemic.
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NewsBBPA urges local authorities to speed up grant payments
The British Beer and Pub Association has called for local authorities to speed up grant payments after research found that pubs in several areas were yet to receive support.
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NewsLoungers raises £8.3m through placing
Loungers has completed its its accelerated bookbuild placing process, undertaken yesterday, raising gross proceeds of approximately £8.3m.
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InterviewsVita Mojo: Helping Leon, Farmer J and Bone Daddies build a post-covid world
The shutdown of restaurants has ushered in five years of digital innovation in the industry within just a few months, Vita Mojo CEO Nick Popovici has told MCA.
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NewsWilliams: ‘This will be a reset of the industry’
The coronavirus crisis will prompt a “a reset of the industry,” as only restaurants that provide “genuine hospitality and good value will succeed,” Martin Williams, Gaucho and M Restaurants CEO, has told MCA.
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NewsGaucho & M Restaurants re-launch delivery
Gaucho and M Restaurants will be re-launching delivery operations next week for consumers in central London.
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NewsAlmost one in four consumers planning to eat out less once lockdown is over
A quick poll carried out by MCA Insight has revealed that 23% of consumers plan to eat out less once the lockdown is over. It also said a combined 64% are either “worried” or “very worried” about going to crowded pubs and restaurants once the social distancing measures are lifted. Seven percent were ‘Not worried at all’ and 19% were ‘Not worried’.
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NewsBurger King CEO calls for compromise over rents
Burger King UK CEO Alasdair Murdoch has called on landlords to work together with F&B tenants to find a solution the impasse over rents. In an open letter, Murdoch said the situation was no one’s fault, but that the leases signed pre-covid-19 did not consider the current reality facing occupiers ...
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NewsMcMullen: ‘We continue to pay rent when due’
McMullen, the Hertfordshire based brewer and pub operator, has waived commercial rent for tenants, but expressed disappointment over larger operators’ unilateral non-payment of rents.
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NewsPaul re-opens seven London sites
Paul has re-opened seven has re-opened seven sites and will open a further three next week. The outlets will open between 8am and 2pm for takeaway only and it has also teamed up with Deliveroo and Uber Eats for the first time. Social distancing measures will be in place for customers, and NHS workers, care workers, the elderly and disabled customers will be prioritised. All seating has been removed, payment will be card only and no re-useable cups will be used.
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NewsGumbrell: ‘We want to be part of a sector that’s ready to go forward'
Kris Grumbell, Brewhouse & Kitchen CEO, tells MCA of his proposal for an EIS-inspired Government support initiative to provide industry with a much-needed investor cash injection, the importance of keeping furloughed employees engaged throughout the closure period, and how sector resilience will ensure its survival.
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NewsDowney: Prepare for long period of closure
The idea that operators will be able to reopen their businesses in the near future has been dismissed as a “confusion of optimism”, MCA’s The Conversation has heard.
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InterviewsHawksmoor: Crisis shows sector ‘woven into fabric of society’
The coronavirus crisis offers the chance to reassess the “incredible role” the hospitality industry plays in society, Hawksmoor CEO Will Beckett has told MCA’s The Conversation.
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NewsNewRiver donate 20% of salaries to Trussell Trust
The board of directors at Hawthorn Leisure owner NewRiver are waiving 20% of their base salaries or fees for three months and donated them to the Trussell Trust.
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NewsBrewdog cans fresh draft beer for delivery
Brewdog’s latest initiative is to can the surplus draft beer that would have gone to waste and delivery to consumers’ doors.
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NewsPret adds Just Eat to delivery partners
Pret A Manger has launched a new partnership with Just Eat for delivery, with an exclusive click and collect proposition for in store.
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NewsMarks: Focus on the bigger picture
Deltic CEO Peter Marks has likened to the focus on furlough details such as tronc to “rearranging the deckchairs on the Titanic” and urged operators to see the bigger picture.
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NewsPodcast: William Reed sets out the future for food and drink
In this special podcast, senior editors from across specialist business-to-business publisher William Reed join forces to explore every aspect of the food and drink supply chain and what that means for the likes of makers, retailers and the hospitality sector. For instance, is the pandemic causing problems with the supply of basic food and drink making it to the shelves of supermarkets and into hospitality venues still offering takeaway and delivery services?
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NewsUK Hospitality calls for more support
UK Hospitality CEO Kate Nicholls has given evidence to the House of Commons Treasury Committee today to emphasise that existing government support will not be enough to support struggling hospitality operators through the coronavirus crisis. Nicholls highlighted several areas where support was not having the desired effect as many businesses are struggling to access the support on offer while the majority of operators are excluded from grants as they have a rateable value of over £51,000.
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NewsLe Pain Quotidien in emergency sale process
Le Pain Quotidien is close to collapse amid a search for a buyer for its UK operations, Sky News reports.