All MCA Insight articles in August 2019 – Page 5
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News
Bruce Pubs withdraws bonds from the NEX Exchange
Scottish operator Bruce Pubs has withdrawn its company’s bonds from trading on the NEX Exchange, only eight months after being admitted.
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News
July sees eating out bounce back
July was a good month for eating out compared to the same period last year, with a rise in footfall, number of visits and the amount of money spent on food and drink. According to the latest MCA Eating Out Panel for July, participation, frequency and average spend in the Eating Out market were all higher in July 2019 than July 2018, when the World Cup was taking place and heatwave was in full effect.
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Analysis & Insight
AlixPartners: The bar remains open
While it has certainly become more challenging to secure investment in parts of the restaurant market, the past 12 months has seen continued M&A and investment activity across the pub and bar space. The breadth of this activity highlights the current strength of this part of the sector, and this trend does not look like slowing anytime soon, argues AlixPartners’ Graeme Smith.
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News
McDonald’s escapes slapdown over Big Mac ad
McDonald’s has escaped censure by the ASA after a radio ad for a Grand Big Mac Bacon was cleared by the advertising watchdog. The ad, broadcast on Virgin Radio on 8 March, featured two men talking about their lunch. One said he had a “packed lunch … with a cheeky little choccy bar”. The other said: “That looks tiny, have they made them smaller?” to which the first man replied: “Yeah, they used to be twice as big”. The other said: “You’ve been robbed, mate” before he said he had a “Grand Big Mac Bacon…
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News
Humpit secures site 9, lines up three more
Humpit Hummus is opening its first store outside its Northern heartland, in Brighton’s newly developed Hanningtons Estate.
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News
August 2019
After a busy few weeks of M&A activity, Dominic Walsh looks at some of the deals going on and examines the role played by activist investors, while Graeme Smith questions whether the current rate of M&A will slow anytime soon.
There are also interviews with Stonegate, EiG and analysis of the potential £3bn deal between the two pub groups. Meanwhile, Steve Gotham visits a new look Bill’s, Georgi Gyton takes a look at Hard Rock International’s new flagship café in Piccadilly Circus, Finn Scott-Delany interviews the boss of Bleecker Burger and MCA’s sister title Food Spark investigates the trend for vending machines serving up fresh salads. -
Analysis & Insight
Peter Martin: Manchester has a new plan
Taking inspiration from other parts of the world, as well as the UK, the city’s imaginative new blueprint for further developing its late-night economy could serve as a model for others, says MCA consulting editor Peter Martin.
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Interviews
Bleecker: Building up a better burger
Bleecker Burger may have one of the best quality burgers on the market – but is that enough? Founder Zan Kaufman grapples with high expectations, relinquishing responsibility and building a culture that goes beyond a world-class burger.
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News
Peters swaps Zing Zing for Kitopi
Zing Zing managing director Phil Peters has joined delivery rival Kitopi as head of UK expansion, MCA understands.
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News
Bowl food concept Sow shuts debut
Bowl food concept Sow has closed its debut site after just a few months of trading.
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News
Fryday Fish appoints CBRE in site search
Irish inspired concept Fryday Fish has instructed CBRE Manchester to identify new sites across the North for the fish and chip brand, having secured a debut unit at Xscape Castleford.
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News
Harrods to open first standalone café
Harrods is to open its first standalone café, in Henley, this October. It will be located in the former Spirited Wines premises at 22 Market Place.
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News
TRG 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.
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Analysis & Insight
Bakery 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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News
Adnams 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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News
Dough&Co secures third site
Wood-fired pizza specialist Dough&Co has secured a third site, in Bishops Stortford.
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Analysis & Insight
Date 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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News
Claw 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 & Insight
Arcade 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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News
Boxpark 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.