All MCA Insight articles in February 2020 – Page 4
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NewsFebruary 2020
Now the new year is underway it’s great to be able to report on some good news revealed by MCA’s insight division, which predicts growth for casual dining and food to go. And speaking of the latter, if you missed the excellent Food to Go conference you can enjoy a roundup of the speakers and sessions in this issue.
There is also a similar roundup from our Hostech conference, which according to the feedback was the best one yet.
Elsewhere, Peter Martin looks at how the industry is tackling inequality, Dominic Walsh examines the changes at the top at Heineken and Baron Mark Price explains why a happier work force also makes for a happier set of accounts – and how to achieve it.
We also have interviews with the stylish Mel Marriot from Darwin & Wallace, Jamie Robertson from the progressive Roasting Plant Coffee, Eve Bugler from the kebab-loving Bababoom, and more. -
NewsManchester night economy set for hit after Man City ban
Manchester City’s ban from the European Champions League for breaching financial fair play rules could have a disastrous effect on eating and drinking out in Manchester, believes Sacha Lord, night time economy adviser for Greater Manchester. The club has said it will appeal the ban “at the earliest opportunity” with the Court of Arbitration for Sport. But should the ban be upheld, Lord said bars and restaurants would take a big hit.
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NewsPuttshack accelerates US growth
Puttshack has signed leases for two sites in Chicago and Miami, growing its planned US expansion to three sites.
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NewsFour new openings at Elephant Park
Bobo Social, Sugo, Tasty Jerk and Pot & Rice have been revealed as the latest independent operators set to open in Southwark’s Elephant Park development.
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NewsWright Brothers signs for Frederick’s Place
Wright Brothers has signed for a new London restaurant at 1 Frederick’s Place, in the City.
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NewsDom Walsh on Heineken succession stories
The retirement of Jean-François van Boxmeer as chief executive of Heineken looked like a carefully managed process, as you would expect of the brewer of the lager that refreshes the parts other beers cannot reach. The succession appears to have come down to two long-serving senior executives of the Dutch brewing group and whoever missed out was inevitably not going to be hanging around for long.
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NewsUKH calls for a Budget to help safeguard the future of the UK’s high streets
UKHospitality has called on the new Chancellor Rishi Sunak to reverse the decline of the UK’s high-streets and local communities by targeting support for hospitality and high street businesses in his upcoming Budget.
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NewsShare of visits and average spend up at leading pub brands
The total share of pub visits and average spend increased at every day part in Q4 2019, MCA’s Pub Brand Monitor reveals.
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NewsDeliveroo launches chef apprenticeship scheme
Deliveroo has launched a new chef apprenticeship scheme today as it calls on the Government to enable large employers to transfer more of their apprenticeship levy down the supply chain.
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NewsFive Guys to pursue ‘more aggressive growth’ in 2020 with 14 openings
Five Guys will pursue “even more aggressive growth” in 2020, with 14 units lined up in the UK, CEO John Eckbert told MCA’s Food to Go conference.
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NewsErpingham House confirms Brighton site
Erpingham House, the vegan restaurant concept fronted by influencer Loui Blake, has taken the former Canna Kitchen site in Brighton for its second site.
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NewsAnderson to leave Market Halls
Simon Anderson is to leave his role as chief creative officer of Market Halls after helping found the business in 2018.
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NewsSteve Gotham: Recovering confidence and and accelerating growth in 2020
Encouragingly for most, MCA predicts that 2020 will see stronger net physical increases in store portfolios across the majority of leading operators.MCA’s Operator Data Index includes over 350 branded operators with five or more outlets at December 2019. These stretch across the full spectrum of the market and account for close to 27,000 outlets which claimed modest overall year on year growth of just under 1% in 2019. We are expecting this growth rate to double to 2% in December 2020, with over 500 net new outlets to open, equating to 11 per week.
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NewsJKS counts cost of Gymkhana fire damage as it reopens
JKS Restaurants lost £1.52m in estimated damage and £2.43 in lost income as a result of the fire at Gymkhana.
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NewsAndy Scott’s REL Capital withdraws interest in pub sector
REL Capital, the turnaround specialist led by Andy Scott, has withdrawn its interests in the pub sector, after a short-lived re-entry into the market with two Chelsea pubs, MCA understands.
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NewsGovernment NLW promise will “disproportionately” affect hospitality
The average wage in the hospitality industry rose by 2.5% in January in response to the Government’s New Year National Living Wage announcement, the latest research from Fourth has revealed.
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NewsGreggs launches in-store Asda concession trial
Greggs is set to open its first trial supermarket concessions this year, launching in five Asda stores across the Midlands and North of England.
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NewsCMA approves Stonegate/Ei deal
The CMA announced today that it has passed the proposed Stonegate/Ei deal, meaning a Phase 2 investigation will not go ahead.
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NewsBuck Street Market announces initial operator line-up
Buck Street Market, LabTech’s eco-led container market, has announced the first three operators to join its food and drink offering line up.
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NewsPlanting the right seeds for sustained growth
Veganism has been labelled the megatrend of the next decade and the statistics back up this claim. Last month, more than 400,000 people signed up to this year’s Veganuary campaign, a 60% increase on last year, fuelled by shows such as Netflix’ recent “Game Changers” documentary. Whilst uptake of pure vegans has increased markedly, there’s also a very large market out there for people that simply want to reduce their meat intake, whether that is for environmental or perceived health reasons, rather than just animal welfare reasons. Sainsbury’s recent Future of Food report, which looks ahead to 2025, predicts 25% of adults will be either be vegan or vegetarian by then, with the proportion of ‘flexitarians’ set to rise to 50%.