All MCA Insight articles in February 2021 – Page 9
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NewsOaktree backs Anand’s pub vehicle
Rooney Anand’s pub investment vehicle Redcat Pub Company has been backed by US investment firm Oaktree, the Telegraph reports.
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NewsPubs to lose out on £331m in beer sales because of closures
Up to £331m in beer sales will be lost as a result of pub closures during the coronavirus lockdowns, the British Beer and Pub Association has said.
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NewsCaffè Nero expands at-home range at Sainsbury’s and Amazon
Caffè Nero has expanded its at-home range into Sainsbury’s and Amazon following a surge in its ecommerce sales.
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NewsKFC UK outperforms global markets
KFC system sales in the UK saw the biggest uplift of all its markets in Q4 last year, according to Yum! Brands financial reports.
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NewsInn Collection Group founder retires
The Inn Collection Group founder Keith Liddle has stepped down from his role as executive deputy chairman to enter planned retirement.
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NewsShake Shack to make Cambridge debut
Shake Shack is set to launch its latest delivery only kitchen next week in Cambridge.
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NewsDeliveroo launches new subscription service
Deliveroo has launched a new subscription service for orders over £25, which will offer couples, families and groups unlimited free delivery for £3.49 per month.
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NewsBar Soba founder expands latest Thai restaurant concept
South East Asian concept Mamasan is due to launch its second site, in Liverpool.
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Analysis & InsightEating out market share halves in 2020
Eating out market share of food and drink sales halved last year, leaving many businesses likely to close in Q2 2021, according to IGD’s Eating In vs Dining Out report.
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NewsDeliveroo rolls out ‘Signature’ service
Deliveroo has launched a major global expansion of its ‘Signature’ order service, and plans to sign up 50 new restaurant partners by the end of the month.
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NewsFormer Camino FD joins Rosa’s
Former Camino finance director Tsara Taylor has joined Rosa’s Thai in the same role, MCA understands.
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NewsWhitbread refinances debt with green bonds
Whitbread has refinanced its debt, with the pricing of two green bonds, extension of its revolving credit facility and its intention to repay private placement notes.
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NewsThunderbird appoints new head of finance
Thunderbird has appointed former Carluccio’s finance controller Will Newman as its new head of finance.
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Analysis & InsightZonal: Five-fold increase in digital order and pay
Q&A with Matt Brooks, product delivery manager, Zonal
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NewsFarmstand goes 100% online
Farmstand, the healthy eating concept, has relaunched its business model and gone 100% online in response to the pandemic.
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Analysis & InsightSelf-service kiosks - following the lead of fast food
Mobile order and payments may be becoming more prevalent in the casual dining sector, but those in the QSR space, such as the fast food giants, have been turning to self-service kiosks and drive-thrus to improve and heighten the customer experience.
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NewsCast your vote in the Retailer’s Retailer Awards
Make sure you cast your vote in MCA’s Retailer’s Retailer of the Year Awards, as we count down to the big event on 11 March.
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InterviewsSimon Potts: ‘There are positives to a transition period’
Alchemist CEO Simon Potts has said he would be open to a 12-week transition towards reopening, and that a period of restrictions could have its positives for operators.
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OpinionDominic Walsh: ‘A tale of two leaders’
Having himself been struck down by coronavirus, Dominic Walsh compares and contrasts the approach to support being demonstrated by two very different hospitality leaders.
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Analysis & InsightJP Morgan on The Restaurant Group
JP Morgan has downgraded its revenue forecasts for The Restaurant Group (TRG) as the likelihood of significant restrictions continuing past the first quarter of this year increase; but it remains positive about the group’s expansion prospects, particular through Wagamama.