All MCA Insight articles in April 2023 – Page 6
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Analysis & Insight
Bug burgers – coming to a bar near you?
As BrewDog considers serving cricket burgers in its bars, MCA explores the potential for insects to appear on more restaurant menus, hears about the health and environmental benefits, and asks whether customers can overcome their squeamishness and enjoy eating bugs
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News
Island Poké 'very confident' about central London trade
Island Poké is aiming to open seven to 10 new locations in the capital per year, as part of c.100 potential locations identified in the UK, its head of property Hux Norman tells MCA.
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News
Book your tickets for MCA’s Pub Conference 2023
Speakers at the event on 20 June 2023 include JD Wetherspoon’s chairman Tim Martin, Nightcap’s CEO Sarah Willingham and Revolution Bars’ CEO Rob Pitcher.
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News
Subway deal value see $3bn fall
The sale price of the global sandwich chain could be cut from $10bn to $7bn as a lack of interest from prospective buyers has forced it to push back bidding deadlines, it has been reported.
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News
Carlsberg acquires UK rights to Kronenbourg 1664
The deal was hailed as an “incredible opportunity to energise the brand, drive innovation and deliver growth”
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Analysis & Insight
Easter Weekend sees 64.2m pints sold
Sales were +5.4% versus 2022, with stout and world lager the biggest category winners, according to the Oxford Partnership
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Opinion
David Read: Scale, complexity and the hidden costs of CPUs
Many hospitality operators think they are running one business, when actually they are running two, David Read, founder and chairman at Prestige Purchasing argues
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Analysis & Insight
Dinner experiences decline in channel share
The dinner day-part has seen its occasion share decline by 1.4ppts year-on-year, in the four weeks to 19 March 2023, according to the latest Lumina Intelligence Eating and Drinking Out Panel data.
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Interviews
Baton Berisha: ‘Manzi’s will be the gem of Soho’
The Wolseley Hospitality Group CEO is preparing to launch two major projects this year, Manzi’s in Soho in June, and The Wolseley City later in the year. Speaking to MCA, he discusses why he had to rip out and modernise Manzi’s, staying mindful about keeping the company’s DNA intact, and constantly striving for an exceptional customer experience
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Analysis & Insight
Significant number of consumers planning cuts to nights out
More than three-quarters of consumers are planning to cut down on nights out, the latest Rekom Night Index has found.
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News
Black Sheep Brewery considers potential sale
The Masham-based brewer and pub operator has appointed a financial adviser to assess its options, including the potential sale of the business.
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Analysis & Insight
Consumer confidence and eating out intentions improve
The proportion of people who plan to eat out less has increased by three percentage points since Autumn 2022, according to PwC
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Analysis & Insight
Restaurants saw boost to spend over Easter
Hospitality and leisure businesses benefitted from a 2.7% increase in the total number of sales as the warmer weather saw people come out and spend, according to new data
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News
Brasserie Bar Co has strong pipeline of freeholds
The group, which achieved ‘record-breaking’ sales in the year to 26 June 2022, has since acquired three new freeholds with a big pipeline of further sites on the horizon
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Interviews
Red Oak Taverns: ‘We have the firepower for a large acquisition’
The leased and tenanted business has the capital to almost double its estate – but finding suitable site opportunities is proving a stumbling block to growth, co-founder Mark Grunnell tells MCA
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News
Greggs rolls out eco learnings to 250-plus shops
The food to go retailer said it had made significant progress on the 10 targets that form part of its Greggs Pledge, including the reduction of food waste and increase in healthier food options
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Analysis & Insight
Pret increases prices by up to 18%
The price of an all-butter croissant at Pret’s station sites has increased by 18.2%, for example, however price increases at its high street sites have been less steep, it has been reported
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News
State of Play posts £11.2m loss
During the period to March 2022, the experiential leisure group secured £27m in new funding, plus a subsequent £8.5m, to finance its expansion
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News
Gail’s launches first loyalty programme
The artisan bakery will launch its first loyalty programme on 11 April, following the recent introduction of click and collect and expansion of its delivery services
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Interviews
ETM: ‘St Austell venture will create something special’
CEO Ed Martin speaks to MCA about opening premium sports bars with St Austell, what the offer will look like, and focusing on experiential hospitality