All MCA Insight articles in August 2019 – Page 4
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News
Supermac’s eyes UK following McDonald’s trademark ruling
Irish fast food chain is looking to set up shop in London within the next year, following the end of a branding dispute with McDonald’s, reports MCA’s sister title BigHospitality.
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InterviewsBig Interview: Byron boss on burgers, breakfast and Brexit
It’s fitting that Simon Wilkinson joined Byron Burger as CEO on the first of May, aka Mayday, aka the universal call of distress. Established in 2007, Byron was once a leader in the premium burger space, and it was sold for a very tasty £100m in 2013. But it was subsequently troubled by a combination of new competition and the general malaise affecting the sector and it came close to collapse. In January 2018 it underwent a CVA restructure that saw it close around a third of its 67-strong estate.
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NewsByron to open at 9am and target breakfast
Byron Burger will open at 9am and trial a variety of breakfast/brunch options when it opens its refurbished its High Street Kensington Store, CEO Simon Wilkinson has told MCA.
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OpinionNew adventures
Tom Kidd, managing director of Adventure Bar Group, talks to Jo Bruce about expansion plans, its Leicester Square opening, and a new name.
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NewsRestaurants outpace pubs on July comparables
Restaurant groups achieved a 3.8% increase in collective like-for-like (lfl) sales last month, against July last year, while pub sales slipped back -0.2% due to tougher comparables, according to the latest Coffer Peach Tracker.
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NewsTossed promotes Sebba to MD
Healthy eating operator Tossed has promoted Neil Sebba to the role of managing director.
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NewsDishoom sees profits leap in 2018
Dishoom has reported a jump in profit before tax, from £0.9m in 2017 to £2.3m for the 52 weeks to 30 December 2018.
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Analysis & InsightDisorderly Brexit could cost sector £5.4bn
The UK eating & drinking out market has lost £1.4bn in value as a result of the Brexit vote, according to economic estimates by MCA.
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NewsCDG signs up to poultry welfare commitment
Casual Dining Group (CDG) has signed up to the European Chicken Commitment, following in the footsteps of KFC UK & Ireland.
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NewsPub People Co to expand drafthouse concept
Pub People Co has taken on its eighth site through Star Pubs & Bars, as it looks to expand its Six Barrel Drafthouse concept.
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Analysis & InsightCustomers more critical in evenings
Customers of restaurants and bars are most critical during the evenings, with loud music a frequent bugbear, data from Feed It Back reveals.
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NewsPrice of soft drinks on the up as index reaches new high
Inflation seen across mineral Water, soft drinks and juice has pushed the CGA Prestige Foodservice Price Index to its highest level for the non-alcoholic beverage categories – up 21.6% year-on-year in June 2019.
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NewsBoxpark appoints KPMG to review investment options
Boxpark has appointed KPMG Corporate Finance to review investment options to expand the business nationwide and internationally, following recent interest from prospective partners.
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Analysis & InsightArcade Food Theatre
There are plenty of theatres in the West End of London, but there’s never been one quite like Arcade. Located on the ground floor of the Centre Point building, next to Tottenham Court Road Tube station, it’s a playhouse, of sorts, where the drama is designed to unfurl behind the counters of the Theatre’s seven open-plan kitchens.
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NewsClaw to close Kingly Street
Claw, the crab-focussed restaurant backed by former theatre producer and entrepreneur Phil Cameron, is closing its Kingly Street site.
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Analysis & InsightDate night opportunity knocking?
MCA market insight director Steve Gotham analyses consumer eating out missions and deduces that there are opportunities for operators to do more when it comes to couples looking to spend money on a night out.
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NewsDough&Co secures third site
Wood-fired pizza specialist Dough&Co has secured a third site, in Bishops Stortford.
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NewsAdnams losses widen as it overhauls systems
Suffolk brewer Adnams made a loss of £939,000 for the first six months of 2019, as it overhauled its 30-year-old core systems.
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Analysis & InsightBakery brands hit the spot with trend for food-to-go
Branded bakery is outperforming the total eating out market, as the likes of Greggs and Warrens bakery tap into the growing food-to-go channel, according to analysis by MCA.
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NewsTRG expands delivery brands under new new division
The Restaurant Group is launching two new virtual brands, Daily Naan and K Bird, as part of a new business division TRG Delivery, MCA understands.