All MCA Insight articles in December 2019 – Page 4
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NewsChilango expected to launch CVA
Burrito chain Chilango is expected to launch a company voluntary arrangement (CVA) to avoid administration, City AM reports.
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NewsTurtle Bay profits down by two thirds
Turtle Bay’s profits have been slashed by more than two thirds to £1.4m, its latest accounts show.
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NewsThe Highs and Lows of Promotions
In recent weeks I have looked into various elements of economising behaviour by consumers, including targeting low prices and more spending at weekends as opposed to weekdays, today’s focus is on the widely prevalent, yet potentially damaging, practice of promotional activity. Key questions asked include whether its usage is rising, who’s buying into the offers the most and what are the most popular promotion types. The core focus area is the key dinner day-part within the chain restaurant sector and the source of answers is MCA’s consumer tracking service, the Eating Out Panel.
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Analysis & InsightThe Epipen epidemic - how is the industry coping with allergens?
It lurks within the industry like a parasite. With every order comes its next opportunity, with every new dish a new hiding place. A matter of when, not if, the next fatal allergen waits to be served. With the number of allergy sufferers on the rise, particularly among young people, one ill-informed waiter or one poorly labelled sandwich could mean the death of a child, and, potentially, the death of a business.
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OpinionA Novel Idea: No. 9 A better game
Every month, Marcel Khan, chief executive of Thunderbird Fried Chicken, reads a book (so you don’t have to) and applies insight into the sector based on what he’s learned between the covers and beyond. This month: The Infinite Game by Simon Sinek.
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NewsTavistock Hospitality MD Mark Hird dies aged 47
Mark Hird, founder and managing director of Tavistock Hospitality Group, passed away on Tuesday (3 December) after a long battle with cancer.
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NewsMowgli sets sights on the south coast
Indian street food restaurant group Mowgli is looking at locations including Newcastle, Preston, Bath, Brighton and Coventry as part of its expansion plans for next year and beyond.
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NewsNusa secures £300k investment
Nusa Kitchen, the Singapore soup concept, has raised £300,000 investment towards its growth plans, CEO Hubert Zanier has told MCA.
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Analysis & InsightGrowth in multi-site operators amid 2% total decline
The number of group run restaurants were up by 0.3% in the year to September 2019, despite an overall licensed site decline of 2%, research by CGA and AlixPatners has found.
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NewsStonegate/EIG deal ‘could damage competition in 51 local areas’
Stonegate Pub Company’s proposed £3bn purchase of Ei Group does not raise UK-wide competition concerns but could damage competition in 51 local areas, the Competition and Markets Authority (CMA) has said.
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NewsGail’s Bakery pre-tax profit up 10% to £1.1m
Gail’s, the artisan bakery chain backed by Luke Johnson, has reported turnover up 18.4% to £47.6m in the year ending 28 February 2019.
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News
Robinsons acquires Individual Inns
Robinsons Brewery has acquired six-strong pub operator Individual Inns, in a deal which boosts its managed estate to 20 sites.
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NewsPeter Marks: ‘Eden is not where we want it to be’
The Deltic Group’s new Eden concept is “a work in progress”, chief executive Peter Marks has told MCA – but the plan is to expand it once the kinks are ironed out.
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Analysis & Insight2019 – a year of rising input prices for food and drink
Prestige Purchasing’s chairman David Read looks back on an expensive year for operators, and discusses the outlook for food and drink costs in 2020.
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NewsA successful restaurant story – Nando’s
How about this for a straightforward, five point recipe for scalable restaurant success? Step 1, target the highest eating out frequency demographic with a highly affordable offering. Step 2, develop a distinctive proposition that avoids imitating any direct competitor. Step 3, keep the product offer tight to support consistent product quality. Step 4, develop a format strategy that works across multiple locations while not overpaying for sites. Step 5, work hard on building loyalty and repeat custom.
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NewsJo Fleet named ‘unsung hero’
Flat Iron, Wagamama, Caravan and Lina Stores were among winners at Restaurant magazine’s R200 Awards held in London last night (4 December).
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NewsLoungers: ‘We see further opportunities in the evenings’
Loungers sees further opportunities to boost its trade in the evenings, particularly when it comes to drinks sales, chief executive Nick Collins has told MCA.
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NewsUrban Village takes on former Epic pub
Urban Village Pub Company has acquired former Epic Pub Company site, 185 Watling Street Pub & Kitchen in Towcester.
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Analysis & InsightNearly half of Londoners choosing restaurants over delivery
Almost half (42%) of Londoners still choose eating out at ‘traditional’ restaurants over food delivery apps or cooking at home, the Annual Taste of London Food Report has revealed.
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NewsAnstey departs Joffe family business
Joffe family mainstay Sam Anstey has resigned as operations director to peruse new opportunities, MCA understands.