All MCA Insight articles in December 2019 – Page 3
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Analysis & InsightMixing politics with advertising: a risk worth taking?
What do politicians and fast food have in common? No, not a new deal every day and a tendency to fall slightly short of what the menu promises, but cause to print a huge Whopper on the side of a bus, apparently. In a world where an advertisement for Iceland that dared to criticise palm oil is met with uproar and banned for being ‘too political,’ brand engagement with political debate may seem like something best avoided.
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NewsDark kitchen boom throws-up licensing and regulatory concerns
Practically unheard of 18-months-ago, ‘dark kitchens’ is a phrase fast becoming common currency in the burgeoning food-delivery market. However, the very nature of them, coupled with the speed at which they’re being opened, is throwing-up a number of licensing issues, with some local authorities said to be playing catch-up when ...
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NewsFourth announces new senior appointments
Fourth Enterprises announced yesterday (10 December) that Clinton Anderson will be its new CEO, and John Whitmarsh is joining as CFO.
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NewsGunwharf Quays – Restaurant and retail therapy a plenty!
With more than 30 bars, cafés and restaurants (as well as over 90 shops) Gunwharf Quays offers an abundance of opportunities for plenty of remedial treatment. Supported by its impressive waterfront location, attractive design and assorted leisure-related reasons to visit, Gunwharf Quays is one of the UK’s finest outlet shopping centres. So amongst some Christmas shopping, I was keen to see how it is using its extensive assortment of Food & Beverage purveyors to both restore weary shoppers as well as to act as a footfall driver in its own right. But also, and more critically, I was keener to see some something new and surprising.
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NewsThe Dom Walsh Awards
Our monthly columnist from The Times hands out his annual awards to brands and operators who have made the past 12 months newsworthy – for better or for worse…
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NewsBlackrose Facebook posts banned by ASA
Blackrose has run into trouble with the ASA after it was accused of encouraging excessive drinking and implying that drinking alcohol could make people feel more confident. The 44-strong pubco, launched in June by investment vehicle Aprirose, ran three Facebook posts which fell foul of the ASA code and have now been banned.
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NewsBreakfast Club appoints McVeigh, lfls up 4.3%
The Breakfast Club has appointed Draft House founder Charlie McVeigh as chairman, his first official role since selling the pub chain to Brewdog.
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NewsBreakthrough in proposed 2021 immigration strategy for ‘low skilled’ workers
The hospitality industry has reached the “breakthrough moment we’ve been waiting for” on immigration policy, said Kate Nicholls, UKHospitality CEO. Speaking at a Prestige Purchasing event on Monday 9 December, Nicholls revealed government plans for a post-2021 three-tier immigration system that would maintain a ‘low-skilled’ route to UK settled status, should the Conservatives win a majority.
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NewsDomino’s chairman Hemsley resigns
Domino’s chairman Stephen Hemsley is stepping down from the board at the end of the year.
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Analysis & InsightGoodbody on Coffer Peach and 2020; Peel Hunt on Just Eat
Goodbody says the UK restaurant sector is still facing the dual headwinds of chronic oversupply and cost inflation, while Peel Hunt say Prosus’ latest offer for Just Eat ”significantly increases deal certainty”.
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NewsJust Eat tell shareholders to reject Prosus’ revised offer
Just Eat have recommended shareholders reject Prosus’ revised takeover offer, saying it still significantly undervalues the delivery marketplace company.
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NewsCarluccio’s seeks franchise partners for airport expansion
Carluccio’s has announced it’s seeking strategic franchise partners to support expansion in the travel market and within the Republic of Ireland.
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Analysis & InsightFood inflation of 6.1% linked to major environmental issues
Food inflation rates almost doubled in 2019, from 3.7% (2018) to 6.1%, the CGA Prestige Foodservice Price Index annual report has revealed.
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NewsDrake & Morgan drives profits in ‘good year of progress’
Drake & Morgan, the London-based bar and restaurant group, has announced adjusted pre-tax profits of £1.9m, up 31% year on year.
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NewsRola Wala enters administration
Rola Wala, the Indian wrap concept backed by team behind Barworks, has entered into administration, MCA understands.
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NewsWetherspoons makes £200m pre-election spending pledge
Wetherspoons has announced it will invest more than £200m into its pub estate over the next four years.
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NewsFlank: ‘You’ve got to give customers what they want.’
From pub pop-up origins, Flank has gone through various iterations since arriving in London, its latest poultry focussed format Good Birds created specifically for Market Halls West End. Directors Tom Griffiths and Ben Rowland discuss developing a more commercial edge at the business, while keeping in touch with their founding ethos.
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Flyt co-founders depart company
Flyt co-founders Tom Weaver and Chris Evans are leaving day to day leadership roles at the payments technology company, MCA understands.
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NewsProsus raises offer in Just Eat battle
Prosus has raised its offer for Just Eat to 740p per share, valuing the business at $5.1bn.
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NewsDrink sales drive managed operators’ growth
Driven by drink sales, the UK’s managed pub and restaurant operators saw collective like-for-like sales edge up 0.5% in November compared to the same month last year, CGA’s Coffer Peach Tracker revealed.