All MCA Insight articles in December 2021 – Page 6
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News
Döner Shack eyes 15 further sites in 2022
The German street food concept plans to ramp up its expansion in the UK next year and is also looking at franchise locations in the US
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News
The Coconut Tree to target uni cities
The Sri Lankan restaurant operator is looking to open “a handful of sites” in university cities next year as part of its 2022 expansion
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News
November sales growth below inflation estimates
Total sales across managed pubs and restaurants declined to 2% in November, according to the latest Coffer CGA Business Tracker
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News
McDonald’s opens first carbon zero restaurant
The restaurant in Market Drayton features kerb stones constructed from plastic bottles and art work made from used coffee beans and will act as a blueprint for future restaurants across the country.
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News
Calls for urgent review of financial support
Industry leaders have called for unspent grants to be redirected to the sector, or for a discretionary fund to be administered by local authorities
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Analysis & Insight
Plan B: ‘You do have to question the timing’
Hospitality was largely spared direct restrictions with the implementation of plan B – but it will suffer the consequences of a return to working from home, and damaged consumer confidence
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News
Nominations deadline extended for Retailers’ Awards
To nominate the Best Company, International Newcomer and Deal of the Year, submit your picks for MCA’s Retailers’ Retailer Awards 2022
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News
Rent assessments would add ‘further confusion’
The Pubs Code Adjudicator (PCA) has cautioned against adding further complexity and volume of information provided to prospective tied tenants
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News
KFC saw small decline in like-for-like sales last year
The fast food chain’s like-for-like sales in the UK declined by 1.6% for the full year to 27 December 2020 on the back of strong trading in the second quarter.
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News
SSP reports revenue decline of +40%
The group said trading levels had improved over the summer and autumn, with revenue averaging 66% of 2019 levels in the first nine weeks of the new financial year.
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News
Hostmore to increase rate of expansion
In its first update since listing on the London Stock Exchange, the operator of Fridays and 63rd+1st said it had lined up five further sites across the two brands, as EBITDA exceeds 2019 levels.
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Interviews
Red Engine: ‘It is like Christmas every day’
The business’ Flight Club and Electric Shuffle venues have experienced “a level of excitement like we have never seen before”, since reopening after lockdown, CEO Steve Moore has told MCA.
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Analysis & Insight
Omicron takes bite out recruitment
Job adverts for hospitality have fallen 25% in a week, as pub and restaurants scrap hiring plans, figures from job portal Adzuna suggest
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Analysis & Insight
Pizza Hut is most visited brand
The brand together took an 11% share of all eating out occasions, during the 12-week period ending 3 October, according to data from Lumina Intelligence.
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News
See your sustainability achievements recognised
If your business has gone above and beyond in its commitment to sustainability, you can put yourself forward for the new Sustainability Award at MCA’s Retailers’ Retailer Awards
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Analysis & Insight
Staff and supply chain issues mount
One in five restaurants has been forced to close their doors during business hours over the past three months because of supply chain issues, according to a survey by Deliveroo
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Analysis & Insight
Omicron concern causes footfall decline
Footfall in large cities outside of London fell by 3.8% last week compared with the week before, according data from Springboard
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Analysis & Insight
Restaurants see November boost
Consumer spending grew 16% in November compared to the same period in 2019, with Christmas shopping giving a boost to retail, hospitality and leisure
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Analysis & Insight
Fuller’s has good opportunity for M&A
Fuller Smith & Turner could dispose of its tenanted inns division and use the funds to acquire City Pub Group, a note from Panmure Gordon has suggested
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News
Boparan goes carbon neutral
Boparan Restaurant Group (BRG) has announced that all of its brands are now certified as carbon neutral after offsetting all of its direct emissions.