All MCA Insight articles in August 2022 – Page 7
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News
Casa do Frango plans two new openings
The piri-piri chicken concept from MJMK is opening restaurants in Heddon Street and London Victoria, with “more openings in the near future”
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Interviews
Simmons Bars: ‘We have a lot more to do in London’
The Lonsdale Capital-backed bar operator is about to open its 24th site in the capital with sales “a long way up” on pre-pandemic levels, CEO Nick Campbell tells MCA
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News
Wagamama in plastic reduction drive
The Asian restaurant chain is replacing the eight million-plus delivery bowls used annually with new packaging using recyclable material, removing up to 330 tonnes of virgin plastics
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News
Creams announces four regional openings
The dessert parlour brand is also reopening Nottingham with a new training academy for franchisee
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News
Cottons takes former Frog site
London’s long-established Caribbean restaurant brand is relocating its Shoreditch location to Hoxton Square
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News
McDonald’s launches over-50s recruitment drive
The fast food chain has developed a new campaign targeting older workers, with adverts posted by McDonald’s showing a grey-haired worker who “isn’t the retiring type”
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News
Scoffs acquires 10 further Costa sites
The franchise group now operates 111 Costa Coffee sites in the UK and has plans to open a minimum of 20 new sites per year
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News
Five Guys: ‘There are 250,000 unique ways to eat our burgers’
Five Guys Europe CEO John Eckbert speaks to entrepreneur Steven Bartlett about building a burger empire in the podcast Diary of a CEO
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News
Inflation set to near 10%
The level of inflation is forecast to have risen from 9.4% to 9.8% in July, with official figures to be released on Wednesday
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Analysis & Insight
City of London operators hit hard by homeworking
One in seven licensed businesses closed in the Square Mile between March 2020 and June 2022, according to data from AlixPartners and CGA, with similar numbers in Birmingham
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News
Pubs and restaurants warn of winter closures
The hospitality sector is pushing for a consumer-style price cap on energy as new contracts increase by more than 300% – with pubs and restaurants warning they may not survive without “urgent” government support
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News
Takeaway firms off the menu as consumers lose taste for delivery
Deliveroo’s losses have widened as cash-strapped customers cut back on takeaways, while rivals are also struggling in a brutal market, The Sunday Times reports
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News
Future of The Wolseley in doubt following closure of sister cafe
The future of the London Mayfair restaurant is again in doubt following the sudden closure of its sister cafe, the Mail on Sunday reports
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Interviews
Why many fast-growing brands want to expand everywhere — except London
Richard Boon of Hub Box restaurants has opened venues in 11 locations, but none of them the capital, The Times reports
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News
Too late to fix? Firms face October cliff edge for energy bills
Many firms have been unable to secure new fixed-term offers on energy, The Sunday Times reports
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News
Mexico’s president proposes ban on beer brewing as drought intensifies
López Obrador takes aim at industry using dwindling water resources while local people suffer, the Financial Times reports
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Interviews
Hush Collection: ‘2021 was a good year for us’
The brand reported an 8.7% increase in turnover on 2019 levels, and plans to expand further both within and outside the UK, CEO Ed Standring told MCA
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News
BrewDog shares first of ‘blueprint’ profits
The craft beer brewer and bar operator described the new rewards scheme as “setting the bar higher for hospitality workers everywhere” and said job applicants were up more than 75%
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News
Smoky Boys lines up multiple franchise partners
The barbecue and grill haus operator has signed up seven new franchise partners as it looks to expand its business across the UK and internationally, co-founder Sharif Rahman told MCA
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News
Openings of the week
MCA rounds up this week’s biggest openings and announcements, featuring new launches from Popeye’s, Incipio Group, Rudy’s Pizza, and more