All MCA Insight articles in December 2023 – Page 4
-
News
Mission Mars concepts outperform market
The Albert’s Schloss operator reported strong growth across the group over the last two years, with Rudy’s Pizza delivering like-for-like growth of 24%
-
Analysis & Insight
Greggs reaches 500th franchise store
The food-to-go retailer opened 71 franchised units in 2023, and continues to target convenient locations such as motorway services areas and petrol filling stations
-
News
FSA agrees restaurants must put allergy information on menus
The food standards agency has said it would like to see written allergen information be mandated in the non-prepacked sector, including restaurants and coffee shops
-
News
Greene King launches prison training academy in Scotland
The ‘Greene King Training Academy’ offers a 12-week programme, seeking to improve people’s chances of successfully reintegrating into their communities upon leaving prison
-
Analysis & Insight
Majority of consumers protecting spend in restaurants and bars
Almost two thirds (63%) of people said they will spend at least at much as they did before in the restaurant and bars sector in 2024
-
News
KFC UK&I reports 3% decline in turnover
The fried chicken giant reported £284.4m in turnover for 2022, attributing the decline to a strong comparative year combined with cost of living pressures
-
News
Stonegate set to complete Apollo-backed refinancing
The private equity firm is reportedly nearing a deal to provide as much as £630m of debt, allowing the pub chain to pay down existing borrowings
-
News
Megan’s on track for record year
The London-based all-day restaurant group is on track to exceed £30m in annual revenue and £5m EBITDA, with four openings lined up for 2024
-
News
Fulham Shore appoints Marcel Khan as CEO
Formerly of Nando’s, Five Guys, and Thunderbird Fried Chicken, Khan will lead the expansion of Franco Manca and The Real Greek in the UK and internationally
-
News
KFC calls out 'demonisation' of QSRs
Jenny Packwood, chief corporate affairs and sustainability officer, has denied claims the company is thwarting council efforts to stop fast food outlets opening near schools
-
News
Improved pay deal for workers who deliver to Greene King brewery
Members of the Unite union who deliver beer for the Greene King brewery have accepted a pay offer following industrial action
-
Analysis & Insight
Consumers spending less on a late night out
Total spend on a night out has decreased by 2.1% to £73.19 per person on average, now more in line with expenditures in Autumn last year
-
Analysis & Insight
Rekom UK: The night time industry has always had to adapt
As socialising habits shift, the late-night operator has refocused its efforts on the bar sector, chairman Peter Marks tells MCA
-
News
Record turnover for Swingers amid global expansion
Turnover for global operations stood at £36.2 for the crazy golf concept’s four sites in the UK and US, with further sites soon to be added in Vegas and Dubai
-
News
ETM Group reports strong like-for-like growth
The operator of The Aviary and The Botanist Sloane Square has reported turnover of £27.9m in the year to February 2023, underpinned by like-for-like sales growth of 16%
-
News
Larger chains report rebound this festive season
Smaller operators are braced for a difficult new year while bigger chains, such as Rare Restaurants and Hawksmoor, have seen bookings up by as much as 30%
-
News
Urban Baristas begins franchising push
The Aussie-style cafe chain has welcomed its first franchisee as it looks to open 30 stores over the next three years
-
News
Amber Taverns kickstarts 2024 expansion
The 170-strong pub operator has completed on four new sites in Derby, Bridgend, Airdrie, and Motherwell amid strong pre-Christmas trading
-
Interviews
BAM Karaoke Box: ‘There’s always demand for something unique’
The Paris-founded premium experiential concept is soon to debut in London with a 10,000 sq ft venue that includes a full restaurant offer, CEO Arnaud Studer tells MCA
-
Analysis & Insight
‘Solid’ sales performance for hospitality businesses last month
November was a strong month for pubs, where like-for-like sales were 5.0% ahead of 2022, whilst restaurant growth reached 4.9%.