All MCA Insight articles in December 2021 – Page 4
-
NewsHospitality industry desperate for support after £4bn sales drop
Greene King CEO Nick Mackenzie said sales in its pubs in some parts of London were down as much as 70% compared to the same period in 2019.
-
-
OpinionDominic Walsh: ‘Ambition was his middle name’
Dominic Walsh reflects on the colourful life and language of Luminar founder Steve Thomas following his untimely death last week
-
NewsFinal day for Retailers’ Retailer Award submissions
It’s your last chance to submit nominations for MCA’s Retailers’ Retailer Awards 2022, with the final deadline today (Friday 17 December)
-
NewsTortilla names new operations director
Tortilla has appointed former director at Young’s Stephen Clark as its new operations director, with his predecessor Matt Chapman promoted to franchise director.
-
NewsSunak faces new pleas for support
It comes as hospitality leaders warned of the catastrophic impact of advice to “think carefully” about socialising over Christmas
-
NewsDomino’s ends long-running franchisee dispute
The resolution will see Domino’s spend £20m on digital enhancements, in return for at least 45 new store openings a year
-
Analysis & InsightOperators count cancellation costs
The industry has been hit by a surge in cancellations as Omicron spreads, however some report these spots are being filled by other “more intrepid” customers
-
Analysis & Insight
Punch to explore M&A under new backer
CEO Clive Chesser told MCA the increased firepower under Fortress would allow Punch to explore further acquisition opportunities. Meanwhile one analyst suggested the regionally-alligned but under-performing Marston’s could be a key target
-
OpinionDavid Read: 'Enforced absences will pose greatest challenge'
Enforced absences due to self-isolation will create the greatest challenges over the next eight weeks, according to David Read, founder and chairman of Prestige Purchasing
-
Analysis & InsightPunch deal: Pub package values up 36%
Geoffrey Collyer of Lavender Bank Partners crunches the numbers on the Punch/Fortress deal, and finds private equity players are taking a long-term view on “pure property” leased & tenanted estates
-
NewsPunch acquired by Fortress
The deal sees Fortress Investment Group acquire 100% of the share capital, along with existing management, of Punch owner Vine Acquisitions from Patron Capital Partners
-
NewsPrepare to bring back furlough, Sunak warned
The IMF has warned Chancellor Rishi Sunak that targeted support packages must be in place in the event that further restrictions are implemented, The Telegraph reports
-
NewsHollywood Bowl reports ‘challenging but rewarding’ year
Hollywood Bowl has strong consumer demand return with record like-for-likes in August.
-
NewsDisappointment over vote in favour of Covid passes
NTIA CEO Michael Kill said the government’s public health messaging over recent weeks had cost the industry billions in trade and that these further measures will stretch even the most prepared nightclub businesses
-
NewsScottish hospitality venues to see return of social distancing
First Minister Nicola Sturgeon said extra measures were necessary to stop the spread of Omicron with further guidance to be published
-
Analysis & Insight‘Wall of capital’ expected to target pubs next year
Global real estate advisor CBRE has predicted “record M&A activity” across the leisure and pub sectors in 2022.
-
NewsNominate the Best International Newcomer
A new category for MCA’s Retailers’ Retailer Awards 2022 – the Best International Newcomer award will celebrate the concept that has made the biggest splash upon its arrival in the UK.
-
Analysis & InsightFlaws on the doors: Inside the UK’s late-night security crisis
Costs for manning the doors of the UK’s late night venues have gone up significantly. But that’s not the only problem
-
NewsNominate your Hero of the Year
You have until this Friday (17 December) to submit your nominations for MCA’s Hero of the Year Award – with the winner to be announced at the Retailers’ Retailer Awards 2022.