All MCA Insight articles in April 2021 – Page 4
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NewsShepherd Neame swings to loss
Shepherd Neame has reported a fall in turnover to £55.3m for the six months to 26 December 2020, from £79m for the comparable to the first half of 2020.
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NewsHospitality employment ‘disproportionately hit’ by pandemic
The hospitality sector has 355,000 fewer employees in March 2021, than one year previously – 43% of the total decline in paid employees, according to the most recent data from the Office for National Statistics (ONS).
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NewsTen Entertainment names new chairman
Ten Entertainment Group has appointed Adam Bellamy as non-executive chairman. He will take up the role from the date of the group’s AGM on 5 May 2021.
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NewsHospitality battles over insurance pay outs in court
Several high-profile hospitality groups, including Corbin & King and Black & White Hospitality, are turning to the courts in order to escalate long-running battles over pay-outs from business interruption insurance schemes, the Financial Times has reported.
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NewsSpend well ahead of post-lockdown last year
Hospitality venues which reopened in England last week enjoyed a stronger bounce in sales than they did when coming out of the first national lockdown last July, with sales up 45% on a like-for-like basis for the first week of trading, according to the latest data from CGA.
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NewsHickory’s secures 13th site
Hickory’s Smokehouse has secured its 13th site – the former Marston’s pub in Nuthall, Nottinghamshire.
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InterviewsNWTC: ‘Our stall is set, ready to grow’
New World Trading Company (NWTC), has used the closure periods during the pandemic to “pause, and reflect”, in order to “set our stall out ready for the business to grow”, COO Natasha Waterfield has said.
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Analysis & InsightA new era for Leon
The acquisition of Leon for a reported £100m marks the end of an era and the start of a new one for a brand that has been led by one of its original founders for 17 years.
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InterviewsThunderbird: ‘It won’t get any better for delivery’
The last three months are “as good as it’s going to be” for delivery and dark kitchens, believes Thunderbird CEO Paul Gilchrist.
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EventsRetailer’s Retailer Awards 2021 winners
The best of the best in the hospitality industry were recognised at MCA’s 2021 Retailer’s Retailer Awards, which were broadcast live on 11 March.
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NewsMiso to roll out Operation:Falafel
Miso Group, from chef Adria Wu and Dubai-based investor Tamer Bazzari, are bringing two new concepts to the UK.
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NewsHammerson: Footfall 80% of pre-pandemic
Landlord Hammerson has reported 90% of operators in its UK estate are currently able to trade, with footfall is “competitive with pre-pandemic levels”.
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Analysis & InsightPrices to rebound as volumes recover
Several months of falling food and non-alcoholic drinks prices are expected to come to an end as the hospitality industry reopens, the latest edition of the Foodservice Price Index from CGA and Prestige Purchasing reveals.
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Analysis & InsightSurge in West End footfall
West End footfall surged to its highest level since the coronavirus pandemic began more than a year ago during the first full weekend of reopening.
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Analysis & InsightHow will delivery fare as dine-in re-opens?
Demand for delivery has never been so high, and there is significantly greater supply than pre-pandemic, as foodservice operators capitalise on this increased consumer demand. Furthermore, delivery has become a lifeline whilst traditional routes to market were restricted, following just 11 weeks of ‘normal’ trading in 2020.
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NewsStaff shortages an ‘emerging problem’
Between 15-20% of hospitality staff are either declining, or are currently unable, to return to their existing roles as restrictions are lifted, according to UKHospitality’s recent surveys of its members.
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NewsKate Nicholls: ‘We have to view the first week back positively’
The reopening of outside spaces last week has to be viewed in a positive light, and as “a marker on the roadmap to recovery”, said Kate Nicholls, chief executive, UKHospitality.
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NewsWoods to step down from Wagamama
Wagamama CEO Emma Woods is stepping down and handing over to her internally appointed successor, Thomas Heier.
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NewsBusinesses face ‘rocky road to recovery’
Hospitality trade bodies UKH, BBPA and BII have called for Government to extend the business rates holiday for at least a further three months to allow businesses to get back on their feet.