All MCA Insight articles in December 2024 – Page 4
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Weekend PressDiners charged £1.50 for tablecloths and napkins at Marco Pierre White’s steakhouse
The restaurant has stated that this will be a fixed fee ‘to cover the cost of table linen and napkins’, with a discretionary service charge of 9.5% also appearing on bills
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NewsPizzaExpress appoints Colin Elliot as CFO
Elliot, who will commence the role in the new year, is currently a managing director at investment real estate firm CBRE
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NewsJulian Metcalfe on mitigating labour cost inflation
The itsu founder told the Daily Mail the brand will continue relying on technology to ensure its offer remains affordable, as it looks to open “thousands” of stores
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NewsThai Leisure Group: Budget ‘direct hit’ on growth
Hospitality operators have warned of closures, with managing director Ian Leigh saying that recent changes in National Insurance “were enough to spook our investors”
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NewsChapel Down appoints James Pennefather as CEO
The winemaker announced further directorate changes as well as positive trading in Q4, with strong momentum going into 2025
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring Honest Smash + Grab, Hickory’s, BrewDog, Urban Pubs & Bars, and more
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NewsFirst speakers announced for MCA’s Food to Go Conference
Wingstop UK, German Doner Kebab and WatchHouse Coffee join the line up at MCA’s Food to Go Conference, which will take place on Thursday 6 March 2025 at the Ham Yard Hotel in Soho, London
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NewsMCA Hospitality Awards 2025 finalists revealed!
It’s time to get voting for who you believe should be named winner of each of the awards’ 12 voted-for categories. Finalists include Young’s, Caravan, Urban Pubs & Bars, Gail’s, Heartwood Collection and many more
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NewsHonest co-founders to expand pizza concept The Breadstall
Alongside The Breadstall founder Seb Vince, the duo plan to bring 20-inch biga-style pizzas to 10 new locations in London over the next three years
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NewsHarrods introduces £1 ‘cover charge’
The Guardian reports this charge aims to bump profits by up to £1m, following a government crackdown on companies taking a cut of tips, according to staff
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NewsUKHospitality: Rates reform should provide ‘maximum benefit’ after years of overtaxing
The trade body said the plan to introduce differential multipliers would help level the playing field for high street businesses
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NewsBakers + Baristas looks to continued growth
The bakery cafe chain plans to expand through new openings, further refurbishments, and an increased focus on improving sales through online channels
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NewsRosa’s profits swing to loss in FY24
The Thai restaurant group has reported a significant increase in sales and adjusted EBITDA For the 53 weeks to 31 March 2024, but achieved a loss after tax for the year.
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NewsC&C Group appoints new CEO
The drinks group has named Roger White as its next chief executive. He will take over from Ralph Findlay on 20 January 2025.
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NewsImmersive Gamebox seeks buyer
The competitive socialising concept has appointed Begbies Traynor as it enters into administration, but has a pipeline in place for future growth
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NewsEverards delivers strong performance
Turnover increased to £36.2m and was accompanied by a rise in operating profit, albeit the pub operator and brewer warned of ‘material impact’ resulting from the Budget
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Analysis & InsightEating and drinking out market KPIs strengthen
Market penetration increased by 3.5ppts to 59.8% - led by improved consumer confidence as well as a weak comparative period, according to Lumina Intelligence
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NewsMcWin Capital in talks to acquire Gail’s
McWin Capital Partners is in talks to buy Gail’s Bakery, as it looks to pre-empt a sales process for the premium neighbourhood bakery chain, Bloomberg has reported.
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NewsHoni Poke: ‘Consumer demand is giving us the confidence to expand’
The 22-strong poke bowl business believes there is “a lot of potential for growth”, and is targeting 15 new sites over the next 12 months, co-founder Vladimir Martynov tells MCA
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NewsSSP plans India IPO for Travel Food Services
India is a strategically important market for SSP, which intends to build on its market-leading position to capitalise on opportunities in the fast-growing travel market