All MCA Insight articles in December 2024 – Page 3
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Analysis & InsightFoodservice insolvencies see year-on-year decline
Insolvencies in the sector were down 24% in October 2024, although RSM UK expects to see an uptick next year due to post-Budget headwinds
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NewsNEOS announces multimillion-pound investment as part of evolution strategy
The £2.5m refurbishment of Pryzm Bristol is part of an ongoing evolution to strengthen and expand core brands and diversify the group’s offerings
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NewsHagen unveils new espresso bar concept
The Danish-inspired speciality coffee group has launched a new site in London’s Mayfair, which houses a roasting room and circular bar
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Analysis & InsightSundays remains most popular booking day
Taking Christmas/December bookings out of the equation, Mother’s Day was the most popular date for reservations, followed by Father’s Day and Easter Sunday, according to Zonal
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NewsCoffi Lab receives £1.5m funding boost
The Wales-based dog-friendly coffee shop concept has received the investment from the Development Bank of Wales to scale its store network
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NewsHospitality can ‘be at heart’ of government growth agenda
UKHospitality has expressed relief that tourist tax powers were not included in the Deputy Prime Minister’ devolution white paper
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Analysis & InsightExperience and quality-seeking millennials make their mark
Lumina Intelligence data shows ‘Experience-led’ and ‘Quality-Led’ being two consumer mindsets making notable upward strides in the latest year
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NewsCarlsberg/Britvic deal cleared
Carlsberg and Britvic said in a separate joint statement that all regulatory conditions have been satisfied, including clearances from the European Commission and the UK’s Competition and Markets Authority
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NewsParts of Ibérica sold out of administration to Camino
Spanish restaurant group Camino has taken over Ibérica’s sites in Victoria and Farringdon, preserving part of the business - although three remaining locations have closed
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Analysis & InsightKorean ‘K-Wave’ worth £3.5bn
Korean staples like kimchi and fried chicken are well-established, but Just Eat says there is untapped potential for dishes such as bibimbap, bulgogi, and japchae
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NewsLiberation Group rebrands to Butcombe Group
The Butcombe brand has established itself as a leader in the premium pubs and drinks business, and is where the majority of growth is likely to come from
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Analysis & InsightA taste tour through London’s Bermondsey
From established concepts like Bleecker and Pizza Pilgrims to emerging innovators like The Untitled Sandwich Shop, Lumina Intelligence’s Q4 concept tour showcased indulgence, experiential dining, and all-day and multifunctional concepts
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Analysis & InsightFoodservice inflation drops to 2.2% in October
It is the 16th consecutive month of decline, the latest Foodservice Price Index report from Prestige Purchasing and CGA by NIQ shows
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Newscentre:mk announces trio of openings
Bill’s, Cornish Bakery and Starbucks have all opened at the Milton Keynes retail and leisure destination
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NewsBababoom sold to Brand Bae
Brand Bae is a platform for virtual restaurant brands, and plans to open a new Central London Bababoom in Q1 2025
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NewsCosta stores experience supply shortages
Customers have been left unable to buy certain food products including cakes, baps and pastries from selected Costa cafes due to the disruption
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OpinionThe Dom Walsh Awards 2024
MCA’s long-standing collumnist on a change of approach at Marston’s and Loungers, long-term problems at TGI Friday’s, and an unexpected happy ending for creditors of Lord Billmoria
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Weekend PressWhy hard-up Britons queue down the street for posh fried chicken
Fast casual chains are charming young people and money men in the City – with TikTok just as important as taste, The Sunday Times reports
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Weekend PressWhat is on the UK menu for Chick-fil-A?
America’s third-largest restaurant chain is about to open five sites as part of a $100m investment in Britain, The Times reports
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Weekend PressDeliveroo aims to deliver for restaurants by helping them modernise
The food delivery company is on a mission to encourage the hospitality industry to invest in new technology to help businesses navigate through tough times, The Times reports