All MCA Insight articles in April 2021 – Page 3
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NewsPM said to have scrapped plans for Covid passports
Prime Minister Boris Johnson has reportedly scrapped plans to introduce Covid passports for pubs and restaurants this summer, according to the Daily Mail.
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NewsBrewDog has 40-strong pipeline in place
BrewDog has pressed go on its openings pipeline with 40 bar locations already in place, president and COO David McDowall has told MCA.
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NewsJAB pumps £185m into Pret
Pret A Manger received a £185m cash injection from owner JAB Holdings earlier this year, Companies House accounts reveal.
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Analysis & InsightMixed reactions from analysts on Domino’s update
Domino’s like-for-like (lfl) sales and order growth in Q1 has been met with a mixed reaction from analysts.
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NewsAdnams reports £3.7m operating loss
Brewer, pub operator and retailer Adnams saw sales down for the 12 months to 31 December, from £74.7m in 2019, to £50.6m in 2020. The company posted a £3.7m operating loss, compared to profit of £719k for the same period last year.
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OpinionPeter Martin: Are we wasting precious time?
Boris Johnson’s government has not had a great pandemic. Not only does the UK have one of the highest Covid death rates in Europe, but has also suffered one of the biggest falls in GDP.
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NewsIndian restaurant Pataka planning to roll out concept
Recently launched Indian restaurant business Pataka is looking to roll out the concept across London with three additional openings already lined up.
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NewsWelsh government brings forward date for reopening
The Welsh government has brought forward the proposed date that hospitality can reopen for indoor dining to 17 May – at least a week earlier than had previously been expected.
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NewsFulham Shore presented with new sites on almost daily basis
Fulham Shore is continuing on its search for new locations for both its Franco Manca and The Real Greek businesses and is being presented with “excellent potential retail locations, almost on a daily basis”.
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NewsCalls for adoption of Australian rent relief model
A group of hospitality operators and property agents are calling on the government to implement the same rent relief scheme as has been adopted in Australia.
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News
MCA’s April digital edition out now
MCA’s latest digital edition is now available to read online. With the April issue marking the first month since December 2020 that venues have been able to serve customers, we examine how profitable outdoors trading realistically is for operators, and the challenges in coping with no-shows.
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NewsAPRIL 2021
MCA’s April edition marks the first month since December 2020 that venues have been able to serve customers. We examine how profitable outdoors trading realistically is for operators, and the challenges in coping with no-shows…
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NewsLiverpool trials nightclub event
The first nightclub event in the UK for over a year is set to take place in Liverpool at the end of the month as part of a trial into post-Covid events.
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NewsOakman outperforms the market
The Oakman Group has reported an excellent first full week of trading since customers were allowed to return to outdoor-only service.
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NewsDomino’s like-for-likes up 18.5%
Domino’s Pizza Group has reported periods of “exceptional sales”, with like-for-like system sales up 18.5%.
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NewsPizzaExpress launches recruitment drive
PizzaExpress is launching a nationwide campaign to recruit 1,000 staff as its pizzerias reopen in May and June.
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Analysis & InsightHalf of consumers head to pub gardens
Nearly half of consumers in England have been back to pubs, bars and restaurants since they reopened for outdoor service, new CGA research shows.
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Analysis & InsightMixed bag for outdoors reopening
Two in 5 operators of (43%) say they have been busy or very busy since rules were eased on last week, according to Lumina Intelligence’s Hospitality Leaders Poll.
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NewsShepherd Neame: Cash burn ‘less extreme’ as brewery picks up slack
Profit might not be the most important metric for success for Jonathan Neame at the moment. The next 12 months is all about getting the business firing again, getting the teams back and welcoming customers back.
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OpinionDominic Walsh: Deliveroo’s unforgiveable errors
There’s no two ways about it. The flotation of Deliveroo on the London Stock Exchange was an unmitigated disaster. Will Shu may wish to blame market volatility for the 30% slump on the first morning of trading, but the truth is there were myriad factors that came together in an unholy alliance to derail what should have been a landmark moment in the entrepreneur’s life.