All MCA Insight articles in August 2019 – Page 7
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News
The Alchemist invests in workforce
The Alchemist has grown turnover by 17.3% to £41m in the year to March 2019, from £34.4m in 2018.
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News
Concerns raised over PizzaExpress debt
The cost of insuring PizzaExpress’ debt against default has risen to its highest level due to concerns over its borrowing, the Financial Times has reported.
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News
Deliveroo looks to expand Editions business
Deliveroo is looking to expand the repertoire of restaurants in its Editions kitchens arm.
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News
Blurred lines between Pizza Hut delivery and restaurants ‘inevitable’
The dividing lines between Pizza Hut’s delivery and restaurant businesses will inevitably become blurred as the former expands into fast-casual, MD Neil Manhas has told MCA.
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Analysis & Insight
Reflections on value for money
Traditionally, the concept of value for money was relatively straightforward, involving the trade-off between price and quality, but it’s not what it used to be, says MCA market insight director Steve Gotham.
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News
Mission Mars secures Leeds site for Rudy’s
Rudy’s Neapolitan Pizza has secured a site in Leeds for its fifth restaurant.
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News
Lambert departs Kitopi
Former PizzaExpress director Neil Lambert has departed dark kitchen operator Kitopi, MCA understands.
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News
Gong Cha secures UK debut in Manchester
International bubble tea brand Gong Cha has secured its debut UK site in Manchester, MCA understands.
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News
Diageo acquires majority stake in Seedlip
The increasing popularity of non-alcoholic cocktails has prompted Diageo to acquire a significant majority shareholding in Seedlip.
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News
Vasey swaps M&B for Zonal
Zonal has appointed Alison Vasey to the newly-created role of group product director, as it continues to strengthen its senior management team.
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News
OpenTable and Quandoo in platform link-up
Restaurant booking platforms OpenTable and Quandoo have announced a new strategic partnership which will see the integration of the two global brands.
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News
My Cookie Dough up to 10 sites in the UK
My Cookie Dough has opened its 10th UK site, at the Intu Trafford Centre – its second in the city.
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News
Delivery riders entitled to holiday pay
Gig economy workers, including the likes Deliveroo and Uber Eats riders, are entitled to receive a holiday pay, a court has ruled.
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News
Honesty Group looking to add new coffee shops to estate
The Honesty Group is looking to boost its number of coffee shops to 10, as it expands in the Berkshire area.
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News
D&D secures multi-purpose Bristol venue
D&D London has confirmed plans to launch a new restaurant and events venue in Bristol next year as it continues its expansion outside the capital.
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News
Bleecker appoints Smith as FD
Bleecker Burger has appointed former Chilango financial director Antonia Smith in the same role, MCA understands.
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Opinion
Costs may choke off growth in the year ahead
Prestige Purchasing’s chairman, David Read, suggests that the management of costs will reach new levels of difficulty in the year ahead.
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News
Shake Shack operator posts £6.6m loss
Shake Shack UK’s operator Diverse Dining Ltd has posted a loss for the year to 31 December 2018, of £6.6m – an improvement on the £7.7m loss reported for the previous year.
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Analysis & Insight
Restaurant spending up 10% in July
Restaurants enjoyed a 10.1% uplift in sales in July, as wider consumer spending saw muted growth of 1.7%, data from Barclaycard reveals.
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News
Inamo poised for next stage of growth
Tech-focused Asian restaurant Inamo is looking to secure an equity partner to help fund the next stage of its growth.