All MCA Insight articles in December 2023 – Page 6
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Weekend Press
Tom Kerridge: The magic of restaurants requires ‘very hard work’
In the Financial Times, the Michelin-starred chef defends the price of high end food as business recovers from Covid.
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Weekend Press
Hospitality bosses share tips for navigating industry challenges
Operators are finding new ways to train, recruit and retain staff, writes the Financial Times
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Weekend Press
Pubs cheer as working from home revives the office Christmas party
Festive bookings are up as remote workers flock to office parties, reports The Sunday Times
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News
Ofgem proposals ‘much needed’ for hospitality businesses
The energy regulator has has launched a statutory consultation on proposals to ensure businesses get the highest standards of service
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News
Openings of the week
MCA rounds up this week’s biggest openings stories, including BrewDog, Patisserie Valerie, BAM Karaoke Box and more
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News
Tom Kidd joins Windmill Taverns
The Adventure Bar Group co-founder will help roll out the company’s Mc & Sons Irish pub concept
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News
Property deals held off until New Year
Buyers and vendors are now delaying transactions until 2024 to avoid business disruption over Christmas, according to Christie Group
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News
Swingers forecast record Christmas
Bookings at the crazy golf operator are up 6% vs 2022 and up 12% vs 2019, as consumers are expected to spend up to £200 on Christmas parties this season
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News
Azzurri Group to test bidders’ appetite next year
The ASK Italian and Coco di Mama operator, which is owned by Towerbrook Capital Partners, has begun talks with investment bankers according to Sky News
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Interviews
Lane7: ‘We’re coming into London at a good time’
The experiential operator is targeting the 50-site mark in the UK as it gears up to launch in the capital this month, while eyeing the untapped European market next year, MD Gavin Hughes tells MCA
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News
Carlsberg Marston’s Brewing Company to close Ringwood Brewery
The joint venture has been trying to sell the Hampshire brewery since June, but will close it in January after being unable to find a buyer
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News
McDonald’s reveals more about CosMc’s
Based on a part-alien mascot from the 1980s, the small-format spin-off will look to rival Starbucks with a range of sweetened, customizable cold drinks, and a short menu of McDonanald’s favourites
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News
Various Eateries raises £10m in share placing
The funds will be used to support plans for up to 10 new Noci sites and up to three new Coppa Club sites, including Cardiff and Farnham
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News
Knoops launches next generation app
The app enables customers to tailor and pre-order bespoke chocolate drinks orders on their smartphones
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News
McDonald’s plans 10,000 by 2027
Despite macro-economic challenges and consumer uncertainty, McDonald’s has remained largely unaffected, due to affordable menu items, aggressive promotions and marketing campaigns
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News
Leon to continue growth despite losses
The healthy fast food brand posted a £15m loss last year, but will have further opportunities for growth after its parent company was acquired by Asda
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News
Comptoir secures Southbank restaurant
Located opposite the entrance of the Royal Festival Hall, neighbouring Las Iguanas, Côte and Honest Burgers, the Southbank Centre site has a footfall of 19m a year
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News
Nick Mackenzie becomes BBPA chairman
The Greene King CEO, who has served as vice-chair since 2020, replaces St Austell Brewery CEO Kevin Georgel as chairman
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Interviews
Wendy’s: ‘We’ve come back with skin in the game’
The Ohio-based burger specialist, which first launched in the UK in the 1980s, returned to the market in 2021 - and MD Michael Clarke tells MCA how it’s doing things differently this time around
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News
KFC acquires 218 restaurants from EG Group
The transaction sees KFC significantly expand its corporate estate from a previous 50 units