All MCA Insight articles in August 2020 – Page 5
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News
Tasty completes workforce cut back, continues to explore cost-cutting options
Wildwood operator Tasty has completed the process of reducing its workforce by 32%, making 284 staff redundant.
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News
Robinsons announces boardroom shake-up
North west-based pubco Robinsons has announced a raft of changes to its board of directors.
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News
Easterbrook hits back at McDonald’s lawsuit
McDonald’s former CEO Steve Easterbrook has responded to the company’s recent lawsuit, claiming the board knew of his sexual relationships with three other employees.
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News
CEBR: Eat Out to Help Out could be government’s ‘most effective’ crisis policy
The Eat Out to Help Out scheme could end up being the government’s most effective crisis policy, the Centre for Economics and Business Research has said.
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News
The Estrella Damm National Restaurant awards launches Top 100 charity auction
The Estrella Damn National Restaurant Awards has launched a ‘Top 100’ charity auction, with all proceeds going to support the hospitality industry.
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News
Burnham makes peace with pubs with appeal to public
Pub operators and Manchester Mayor Andy Burnham have released a joint statement calling on the public to “accept their role” in abiding by local lockdown measures in Greater Manchester. Signed by Admiral Taverns, Greene King, Hydes, Joseph Holt Brewery, JW Lees, Marston’s, Punch Pubs & Co., Robinsons Brewery, Star Pubs ...
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News
Yo! confirms CVA with 19 closures
Yo! has confirmed it will close 19 loss-making restaurants and cut 250 staff as part of a company voluntary arrangement (CVA).
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News
Tim Martin: Virus debate hampered by ‘lack of reliable information’
Wetherspoon chairman Tim Martin has re-entered the debate on coronavirus suppression, arguing much of the science supporting lockdown is inconclusive, and lauding the “cool as ice” Swedish approach.
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Analysis & Insight
EOHO ‘not cannibalising weekend trade’- Fourth
Restaurant sales were up 50% between Monday-Wednesday in the opening week of the Eat Out to Help Out scheme, compared to the previous week.
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News
Alix Partners: Sensible debt is good financial management
Private equity debt financing will return to the casual dining sector as it begins to recover, Alix Partners MD Graeme Smith has predicted.
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Opinion
Dominic Walsh: Casual dining one of ‘big losers’ of pandemic
It used to be so simple. Come up with a restaurant concept and a brand, open one restaurant, then a second, then aim for five outlets then ten and 20, and if it’s still working, press the button on a nationwide rollout. Well, something like that, anyway.
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News
Boxpark appoints new property director
Boxpark has appointed Simon Bishop as property director to drive the company’s development plans over the next five years. Bishop has over 25 years’ experience in leisure acquisitions and has delivered sites in both the UK and Europe for brands including Peach Pub Company, Scottish and Newcastle Retail, City Inn ...
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News
Ten Entertainment to open 35 sites as bowling centres given the green light
Ten Entertainment Group is set to reopen a further 35 bowling centres tomorrow, following the government’s decision to resume its lockdown easing in England.
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News
Soho Summer Street Festival a 'huge victory' as 90% re-open
The Summer Street Festival, a campaign launched in June by commercial landlords Soho Estates and Shaftesbury to temporarily pedestrianise the Soho area, has been celebrated as a “huge victory” in allowing hospitality businesses to operate alfresco. According to Soho Estates, 90% of hospitality operators have now reopened within the pedestrianised ...
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News
Brewhouse & Kitchen attributes 115% sales growth to EOHO scheme
Brewhouse & Kitchen has seen 115% sales growth in the first six days of the government’s Eat Out to Help Out scheme.
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Analysis & Insight
'Significant return to offices' needed to support operators
As two thirds of UK workers are yet to return to their offices, consumer and location intelligence specialise CACI has highlighted the devastating economic impact working from home is set to have on F+B and retail operators in London specifically.
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Analysis & Insight
AlixPartners: Gradually building momentum
Just over a month since restart, it is obvious that the sector’s revival will take time, and sadly it will not include everyone.
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News
Bowling alleys to reopen after lockdown easing delay
Bowling alleys and casinos are to reopen in England tomorrow as lockdown easing resumes.
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News
Greene King rolls out takeaway to entire managed estate
Greene King has introduced food and drink takeaway across its entire food-led managed estate, making it the largest pub takeaway business in the UK.
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News
GBK exploring all options for long-term sustainability
Gourmet Burger Kitchen parent company Famous Brands has said it is continuing to explore “all options” to ensure the long-term sustainability of the better burger brand in the wake of the coronavirus crisis.