All MCA Insight articles in April 2021 – Page 5
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NewsUpham keen to impress investors following turnaround plan
Upham Group has said it is a strong financial position following the take-up of support offered during the pandemic, including a £1.4m CBIL, and a restructure of its operations, and keen to impress its investors.
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NewsThe Alchemist refinances loans
The Alchemist has received a new injection of capital after completing a refinancing of its banking facilities and shareholder loans.
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NewsFive Guys: ‘Delivery is here to stay’
Future demand for delivery may be hard to predict but the market is not going to go away, Five Guys UK chief executive John Eckert has told MCA.
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NewsCrowley joins Popeyes as UK CEO
US fried chicken brand Popeyes has announced the appointment of Tom Crowley as its UK chief executive.
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NewsIssas buy up Nero debt
The new owners of Leon are close to taking control of Caffe Nero after buying up the coffee chain’s debts, The Telegraph reports.
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Analysis & InsightDelivery market reaches £11.4bn
Food delivery grew by £3.7bn in 2020 to reach £11.4bn, as it benefitted from being one of the few routes to market during the pandemic, Lumina Intelligence reports.
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Analysis & InsightOne in four reopen
One in four of England’s licensed premises opened for trade in hospitality’s first week back for outdoor-only service, according to latest figures from the Market Recovery Monitor from CGA and AlixPartners.
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OpinionPeter Martin: Delivering the unexpected
Would it be such a bad thing if pubs had to display calorie counts on draught beer pumps or restaurants the same on wine lists?
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NewsEG Group acquires Leon
EG Group, the forecourt retailer and fast-food operator, has acquired Leon Restaurants.
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Analysis & InsightDifferentiation is key to a successful rollout
The ability to provide a differentiated experience is key to a successful rollout, and one that Loungers is able to offer, according to analysts Berenberg.
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Analysis & InsightBuilt-up demand competes with limited outside supply
Eating out reservations on 12 April were up 79% on the equivalent Monday of 2019, Office for National Statistics data shows.
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NewsDeliveroo must prove itself to the market, says Shu
Deliveroo’s founder and chief executive Will Shu has said his message to shareholders and the wider investor community is “it is on me to prove the long-term value of this company”.
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Analysis & InsightConfidence buoyed by outdoors opening
Three in four operators (74%) are confident or very confident that the rest of the re-opening roadmap will continue as planned.
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NewsDelivery and takeaway sales up more than 300%
Sales from delivery and takeaway were 346% higher in March this year than the same month in 2019, according to CGA’s latest Hospitality at Home Tracker.
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Analysis & InsightContactless brands: Chilango’s digital-only trial
If the pandemic has highlighted anything, it is that human beings crave contact. Those everyday interactions mean so much and have been sorely missed over the past 12 months. So it felt like counter-intuitive for a hospitality brand to move away from human contact with its customers altogether, towards a purely digital experience.
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NewsSector hits back at ventilation claims
Pub and restaurant operators have fought back against claims from the British Medical Association (BMA) that the hospitality sector needs to do more to improve the ventilation in their venues in order to reduce the airborne risk of Covid-19 transmission.
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NewsPub sector rebuffs calorie labelling proposals
The pub sector has challenged the logic of introducing calorie labelling for on-trade drinks at a time when many operators in the hospitality industry are battling for survival.
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NewsEx Eat director plots QSR return
Former Eat director Aunaud Kaziewicz is launching a new concept which he is pitching as the Cote Brasserie of QSR.
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NewsPayment app raises $20m
A hospitality payment app, created by the founders of Big Mamma Group, has raised €20m (£17.3m) in a seed-funding round.
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NewsDeliveroo takes ‘prudent’ approach
Deliveroo has reported first quarter orders were up by 114% year-on-year to 71m.