All MCA Insight articles in December 2023 – Page 5
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Analysis & InsightPint sales decrease -2.1% in second week of December
Last year’s sales were driven by the World Cup quarter finals, creating a -2.1% drop year-on-year in the second week of December
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NewsRedCat launches campaign for better mental health awareness
The pub investment vehicle has joined up with Hospitality Action to launch the #CheckPlease campaign
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InterviewsGail’s: ‘The key is authenticity’
With ambitions to double the size of the bakery business over the next couple of years, managing director Marta Pogroszewska says an inclusive leadership model is critical to Gail’s workforce success
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InterviewsCreams: ‘We have a maniacal focus on driving innovation’
CEO Everett Fieldgate speaks to MCA about the dessert café revolution, the brand’s hyper-fixation on innovation, and the challenges of plagiarism as a market leader.
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NewsCooplands reports ‘challenging’ period
The bakery chain said cost pressures had resulted in the company reporting a loss in 2022 despite growth in sales
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NewsBrewDog to roll back to 1999 prices for New Year’s Eve
BrewDog will roll back drink prices across its bars nationwide to what they would have cost more than 20 years ago
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NewsKarak Chaii to grow to 30 sites
The Indian street food concept has ambitious plans for 2024 and will nearly double its estate next year, according to advisor Paolo Peretti
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NewsHMRC cracks down on electronic till fraud
The Inland Revenue has launched a series of unannounced visits on takeaways and restaurants as part of the crackdown
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NewsDomino’s gears up for loyalty programme launch
Updating on his first 100 days in the business, CEO Andrew Rennie said Q1 2024 will see the company roll out the first stage of its loyalty scheme
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NewsRishi Sunak defends Eat Out To Help Out
The PM told the Covid Inquiry the scheme protected ‘millions of jobs’ held by vulnerable workers that could otherwise have been ‘devastated’
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NewsShake Shack CEO steps down
Randy Garutti is retiring after more than 20 years with the Danny Meyer-chaired premium burger brand
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NewsNando’s continues strong sales momentum
The peri-peri chicken concept has seen “continued steady recovery” with revenue for the UK & Ireland hitting £976.5m in the period ending February 2023, compared to £819.2m in 2022
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NewsSoho House shuts to new members
The members only club added 66,000 new joiners in the 24 months to October, leading to complaints of it being too busy
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NewsDomino’s to open 60 stores this year
The company is on track to deliver its FY23 guidance of underlying EBITDA in the range of £132m-£138m
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NewsWingstop to open largest UK site at Westfield Stratford
The wing specialist, which recently marked its five-year anniversary in the UK, will open a 5,000 sq ft site at the shopping destination in early 2024
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NewsChopstix ramps up value offer
The pan-Asian QSR brand, which has seen a 40% rise in system sales,has rolled out a new range of value deals ahead of Christmas
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NewsFireaway Pizza to launch crowdfunding campaign
With an external investor committed to £200,000, the funding round will help expand central operations, brand reach, and enhance Fireaway’s technology platform.
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NewsBlack Sheep Coffee franchisee receives funding boost
The deal will enable Moonglow Trading to open four Black Sheep Coffee franchises including in South Gate House, Cardiff and the High Street, Oxford.
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InterviewsDrake & Morgan: ‘We were agile enough to build a resilient model’
The bar and restaurant group is eager to explore opportunities for future growth across the UK, owing to continued investment in experiences and an all-day proposition, CEO and founder Jillian MacLean tells MCA
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Weekend PressWhy are swanky restaurants so bland these days?
With the party season in full swing, The Sunday Times explores the ”blandification of fine dining”