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All MCA Insight articles in February 2019
View all stories from this issue.
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News
EiG focuses on north for partnership growth
Ei Group is seeking new partnerships with both existing and aspiring multiple operators across the North of England with the launch of a new targeted networking and recruitment event.
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NewsGreggs exceeds £1bn FY sales for first time
Sales at Greggs exceeded the £1bn mark for the first time in 2018.
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NewsPeretti appointed to run Patisserie Valerie
Causeway Capital has dismissed suggestions that it is only planning a brief period of ownership of Patisserie Valerie.
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OpinionMark Out of 10: What’s the beef?
Mark McCulloch – the brand and marketing guru behind Supersonic Inc – gives his latest take on a marketing campaign by a prominent operator. Today, he looks at how Burger King capitalised on McDonald’s loss of its Big Mac trademark with a campaign, mocking up a Big Mac-inspired menu. Is BK’s bare-faced cheek to be admired or should the company be more focussed on promoting its own USP?
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NewsTonkotsu sees food halls as potential growth driver
Tonkotsu managing director, Stephen Evans, has told MCA that he sees the potential to grow through food halls and said the brand’s success in Birmingham has emboldened it for further regional expansion.
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NewsPizza Hut confirms it is testing own delivery options
Pizza Hut has confirmed it is exploring delivery through Deliveroo in areas where there is currently no service provided by its brand-owner Yum! Brands.
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NewsCasual Dining Group focused on developing new revenue streams
Casual Dining Group (CDG) is concentrating on developing new income streams such as delivery and digital, rather than boosting the size of its restaurant estate or launching new concepts, CEO Steve Richards told attendees at the Casual Dining Show yesterday.
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Analysis & InsightSector self-confidence up this quarter
Industry leaders are feeling more confident about their own businesses this quarter, with optimism up from 63% in November 2018 to 68% in February, according to CGA’s Business Leaders Survey 2019.
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Analysis & InsightExpansion plans scaled back amid patchy confidence
Patchy confidence in eating and drinking out industry is prompting leaders to scale back their expansion plans, CGA’s 2019 Business Leaders’ Survey reveals.
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NewsAzzurri named casual dining group of the year
Azzurri Group, Wagamama, Oakman Inns, The New World Trading Co (NWTC), Dishoom and The Alchemist were among the winners at the Casual Dining Awards yesterday.
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NewsNeil Littler swaps top marketing role at Tim Hortons for Starbucks
Neil Littler is to leave his role as chief marketing officer, UK and Ireland at Tim Hortons to join Starbucks from next month, heading up its UK marketing and product teams.
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NewsWhitbread’s Bar + Block to open first Northern Ireland site
Whitbread’s Bar + Block Steakhouse brand is to open new restaurants in Bristol and Belfast – its first in Northern Ireland, in April.
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NewsMitchells & Butlers appoints two independent non-execs
Mitchells & Butlers has appointed two new independent non-executive directors.
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NewsK10 launches new ordering and payment app
London-based sushi concept K10 has launched a new app, which offers click and collect and payment functionality for customers, MCA has learnt.
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NewsBrewDog sets out international airport expansion plans
BrewDog is to expand to over 100 sites this year, and plans to roll out in to airports internationally.
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Analysis & Insight
Millennials spend £705 a year on eating out
Millennials spend £705 a year on eating out, £522 a year on takeaways and £441 a year on daily treats such as coffees, research from Barclays has found.
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News
Alt protein start-up secures £67m
Motif Ingredients, a US food ingredients company, has launched with $90m (£67.7m) in Series A financing to provide next-generation alternative proteins and other ingredients to global food companies.
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News
Morso confirms £250k crowdfund
Morso, the pasta and grappa restaurant bar concept, has confirmed the launch of a £250,000 equity fundraising campaign on Crowdcube, as flagged up by MCA in November 2018.
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News
Hostme secures £1m for London launch
Hostme, a Washington, D.C.-based intelligent restaurant reservation and table management platform, has raised $1.3m (£1m) in funding to expand into London, and other US markets.
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NewsMountstevens outlines Star's five-year investment plan
Heineken-owned Star Pubs & Bars is prepared to pump millions of pounds into its tenanted and leased estate this year, managing director Lawson Mountstevens has indicated.