All MCA Insight articles in April 2023 – Page 5
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News
City Pub Group confident in coming year
Like-for-like sales were up 3% in FY2022 and 13% in Q1 FY2023, with the 43-strong pub operator focusing on premiumisation and increasing its investment in Mosaic
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Interviews
Boxpark: ‘We feel we’ve created a successful model’
CEO Simon Champion speaks to MCA about the new BoxHall concept, soaring sales over the Easter weekend, and creating value through the loyalty programme
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News
Uber Eats trials containers reuse scheme
The food delivery app is joining a scheme in central London which gives customers the option to receive their food in reusable containers and return them for collection
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News
P.F. Chang’s UK acquired by Pizza Hut franchise
Zaf Holdings has acquired the P.F. Chang’s flagship UK site in Leicester Square and the master franchise rights in the UK
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News
Wolseley Hospitality Group appoints global group marketing director
Louise Philip joins to work alongside CEO Baton Berisha, who she previously worked with at Caprice Holdings
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News
Bob & Berts to hit 30 sites this year
The Northern Ireland-founded, BGF-backed coffee shop group will open six sites this year, including in Glasgow and Blackpool
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News
Bidders vie to snap up Subway for $10bn
Bain Capital, TPG Capital, EG Group and the owner of Dunkin’ are among the firms linked to the sandwich franchise
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News
Smoky Boys opens 12th site
The BBQ and ‘grill haus’ brand has launched in Southside Shopping Centre in Wandsworth
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News
Eyal Shani to launch first of three new restaurants this year
The Israeli-born chef and restaurateur behind Miznon is opening Lilienblum near Old Street
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News
Britain to narrowly avoid recession
EY said the UK economy seemed to be “turning a corner, albeit very slowly”
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News
Atis lines up new opening in Borough Yards
The salad bowl concept is preparing to launch its fifth site, with a sixth also in the pipeline
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Analysis & Insight
Leading restaurant brands to grow value in 2023
Lumina Intelligence forecasts the top 10 branded restaurants by turnover are expected to value £2.9bn in 2023, +2.1% ahead of 2019
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News
How calorie counts have failed to make any impact
Government rules forcing restaurants to put calorie counts on menus have failed to have any impact on Britain’s obesity timebomb, the Sun on Sunday reports
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Analysis & Insight
Will Charles’ coronation provide a King’s ransom for the UK economy?
Sales were £87m higher than average during last year’s Platinum Jubilee, the Daily Mail reports
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News
Pig Hotels expand despite surging costs of labour and energy
With a wave of his wand, Robin Hutson is turning derelict country homes into luxury hotels, The Sunday Times reports
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News
Michelin-star chef slashing prices at Mayfair restaurant
Jason Atherton has cut his prices at his flagship restaurant over fears Londoners are being priced out of West End dining
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News
The British pub: its demise has been greatly exaggerated
The pub sector’s woes are less terminal than claimed, in spite of the hand wringing, the Financial Times reports
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News
Openings of the week
MCA rounds-up the biggest openings stories of the past week, featuring Daisy Green, EL&N, Chopstix and more
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Analysis & Insight
Foodservice price inflation shows signs of easing
Food price inflation fell slightly year-on-year to 20.6% in February, but margin pressure for operators is still expected to increase this year, according to the latest CGA Prestige Foodservice Price Index.
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News
Urgent intervention needed to save hospitality businesses
With sustained inflation levels and a drop off in support from the government on energy costs, UKHospitality is urging energy regulator Ofgem to force suppliers to play their part in supporting businesses