All MCA Insight articles in August 2020 – Page 4
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News
Lack of clarity in Scotland will have ‘significant impact’
The lack of a start date for events and functions in Scotland will have a “significant impact” on hospitality businesses, Kate Nicholls has warned.
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News
Greene King posts £273m losses
Greene King’s revenues were down 13.4% to £1.9bn in the full year to 26 April 2020 with its pub business worst hit by the coronavirus.
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News
Oakman awarded for ‘outstanding training’
Oakman Inns has been recognised in The Princess Royal Training Awards for its “exceptional commitment to training”.
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News
Tastecard to take on delivery with low commission
Tastecard has announced plans to take on Deliveroo, Uber Eats, and Just Eat with a new takeaway delivery and collection service, with a permanent discount of at least 10%.
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News
CMA launches Marston’s/Carlsberg probe
The Competition and Markets Authority has launched a formal inquiry into the £780m merger of Marston’s and Carlsberg’s brewing operations.
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Analysis & Insight
Leaders Poll: Vast majority of customers sticking to guidelines
The vast majority of operators believe customers are sticking to coronavirus guidelines when they visit their premises, William Reed’s Hospitality Leaders Poll reveals.
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News
Casual dining failures a ‘victim of timing’
Failures in casual dining have often been a “victim of timing”, due to fierce competition and speed of expansion, Alix Partners’ Graeme Smith has said.
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News
Patty & Bun ‘committed to national expansion’
Patty & Bun remains committed to national expansion, citing its strong brand and robust finances as putting it in a strong position to capitalise on opportunities for sites.
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News
Vision Venues begins to build bar estate
Vision Venues, a new company from festival and event operator Field Vision Bars, has acquired The Island Grocer in Poplar, the first of three new bricks and mortar bars.
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Opinion
Peter Martin: ‘Eat Out to Help Out an opportunity to consolidate consumer connection’
Operators must utilise what time remains of the Eat Out to Help Out scheme to consolidate a consumer connection, and encourage a return visit, MCA’s The Conversation has heard.
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News
Fulham Shore chairman David Page: ‘Crises create opportunities’
The outlook for many in casual dining may appear bleak, but as in any crisis, there will be plenty of opportunities for its survivors, Fulham Shore chairman David Page has said. Speaking at MCA’s The Conversation, Page turned to his own experience as an industry veteran to reassure operators that with the right concept and the right team, the post-coronavirus fallout could be beneficial to them in the long-term.
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News
Pizza Express confirms permanent closure of 73 sites
Pizza Express has confirmed it will close 73 of its UK restaurants – almost a fifth of its estate – as part of its CVA process.
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News
Neat Burger opens in Camden
Neat Burger, the Lewis Hamilton-backed plant-based burger brand, has opened a new site in London’s Camden Market.
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News
Eat Out to Help Out used more than 35 million times in first two weeks
The Eat Out to Help Out scheme was used more than 35 million times in its first two weeks, the latest Treasury figures show.
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News
Trade bodies urge sector to adopt ‘robust’ test and trace procedure
The sector must treat test and trace as a key part of its approach to reopening, or risk guidelines being “significantly strengthened” going forward, industry trade bodies have warned.
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News
Sam Smith’s refuses to support track and trace
Samuel Smith, the Yorkshire-based brewer and pub operator, is refusing to cooperate with the government’s track and trace system.
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News
Kate Nicholls: Industry needs to be squeaky clean to move forward
UK Hospitality CEO Kate Nicholls has warned the industry to be “squeaky clean” over the issue of multiple households meeting in hospitality venues so it doesn’t get the blame for future spikes. Speaking to MCA she said while there had been a “lot of focus on track and trace” the issue of multiple households coming together had been behind the “vectors of infection” in Greater Manchester, Leicester and parts of Scotland.
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Opinion
Peter Martin: Impact of weather on consumer behaviour the “one thing that hasn’t changed”
British weather, in all its unreliability, is the single most unchanging factor in its impact on consumer behaviour, MCA’s The Conversation has heard. Speaking at the event, MCA contributing editor Peter Martin told attendees that in his ten years of operating the Coffer Peach Business Tracker – a sector sales tracker produced by CGA in association with The Coffer Group and RSM – “the weather is the one thing that hasn’t changed over the years.”
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News
Gordon Ramsay Restaurants plans to open 50 UK sites
Gordon Ramsay’s restaurant group is pressing ahead with expansion plans, having made a profit of more than £15 million last year.
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News
Compass Group appoints new chairman
Compass Group has appointed Ian Meakins as non-executive chairman and a director of the company.