All MCA Insight articles in April 2021 – Page 6
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Analysis & Insight
Licensed trade off to a solid start
Licensed premises in England enjoyed a reopening bounce on Monday, with preliminary analysis showing like-for-like sales up 58.6%, compared to the same Monday in 2019.
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News
UK coffee shop market contracts
The UK branded coffee shop market contracted 1.9% to 9,159 outlets in 2020, Allegra’s World Coffee Portal reveals.
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Interviews
Mark Davies: Sky's the limit for Hawthorn
Hawthorn CEO Mark Davies has told MCA the “sky’s the limit” for the pub company when it lists as a separate entity.
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News
Rosa’s Thai plans five to six per year
Trispan-backed Rosa’s Thai has said it expects to open five to six new sites each year, while also pursuing opportunities to operate delivery-only cloud kitchens as it continues with its expansion plans.
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Analysis & Insight
Eating out picks up
Eating out is on the increase, following the return of schools, and as consumers return to the office, Lumina Intelligence’s Eating and Drinking Out Panel reveals.
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News
Older customers face discrimination due to apps
Older drinkers are at risk of being discriminated against in pubs because many do not have smartphones on which to order food and drinks, the Telegraph has reported.
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News
Hawthorn eyes standalone status with IPO
Community pub company Hawthorn has announced plans to list on the stock market and will explore the potential for an IPO following a strategic review.
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Interviews
Clive Chesser: ‘The tied model has proven to be very robust’
The strength of the tied model has been validated during the pandemic thanks to the support that pubcos have been able to provide to their tenants, according to Clive Chesser, chief executive of Punch Pubs.
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Interviews
Robert Cook: ‘Our blueprint has got to change’
The basic blueprint for Fridays’ expansion has got to change, chief executive Robert Cook told listeners to MCA’s The Conversation this week.
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News
Admiral Taverns sees profits down by a third
Admiral Taverns has achieved an underlying operating profit of £11.1m, down from £17.2m in 2019, for the 52 weeks to 30 May 2020.
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News
Sessions secures new investment
Sessions Market has appointed Sourced Market founder Ben O’Brien as chief operations officer and secured a new round of investment from Perscitus.
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News
Revolution planning to double brand portfolio
Revolution Bars Group is looking to expand its portfolio of brands from two to four, in order to capitalise on property opportunities post-pandemic, chief executive Rob Pitcher has told MCA.
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News
YO! in food to go trial with WH Smith
YO! has signed an agreement to supply select products from its food to go range to WH Smith, in a trial partnership with the retailer.
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News
Wing Shack announces seven new sites
Wing Shack has announced plan to open five new bricks and mortar locations in London, as well as two sites outside of the capital in 2021.
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News
Just Eat orders up 96%
Just Eat processed 64m orders in the UK in Q1 2021, growth of 96% on the same period in 2020.
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News
Revolution secures new CBILS
Revolution Bars Group has secured a further £3.5m CLBILS, while its bank NatWest agreed to waive £2m of amortisation scheduled for September 2021, taking its total available facilities to £40.3m.
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Opinion
The revival of the West End starts here
Since the first lockdown just over 12 months ago, we have seen a major shift in eating habits.
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Analysis & Insight
Consumers book al fresco meals
One in four consumers (26%) have been booking post-lockdown activities in March, with 41% of these booking restaurant reservations for meals outdoors, Barclaycard data reveals.
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Analysis & Insight
Who will win as the food-to-go market recovers?
Coronavirus wiped almost £10bn off the value of the food to go market in 2020, but while 2021 has got off to a tough start with continued restrictions and limited travel, a full recovery is expected in 2022.
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Analysis & Insight
Police check due diligence on outdoor trading
Outside structures have emerged as the new flashpoint with local authorities, as operators seek to make the most of al fresco trading, Kate Nicholls has said.