All MCA Insight articles in February 2022 – Page 5
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NewsVacancy rate illustrates scale of recruitment challenge
UKHospitality said there needed to be a redoubling of efforts to promote careers in the sector after ONS data showed the number of vacancies had risen 700% year-on-year
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NewsLeon launches Club app
Leon launches the first iteration of its app ‘Leon Club’ today in response to feedback from guests on what they look for in a digital loyalty scheme.
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InterviewsJust Eat: ‘Cost took a backseat to growth’
Improving the profitability of its UK business is a key focus for Just Eat as the growth it achieved during the pandemic meant costs took “a secondary seat”, UK MD Andrew Kenny tells MCA.
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NewsReady Burger to grow value-driven vegan offering
The emerging QSR concept is looking to remove the barrier to entry on the price of vegan food as it looks to expand its estate to four restaurants in London
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Analysis & InsightAverage spend increased during January
Average spend increased by +3.7% in the four weeks to 23 January 2022, according to new data from Lumina Intelligence.
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NewsBranded restaurants fuelling turnover growth
The top 10 branded restaurants by turnover are expected to achieve sales of £3bn in 2022 – exceeding 2019 levels - according to Lumina Intelligence’s new UK Restaurant Market Report
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InterviewsJust Eat: ‘Hybrid working is a tailwind for our business’
The delivery aggregator is encouraged by current patterns in trade and believes there are opportunities for the breakfast and lunch occasions, UK MD Andrew Kenny says
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NewsFlat Iron appoints property director
Romy Clay was previously senior acquisitions manager at Wagamama for three and a half years
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NewsInn Collection sold to Harris Family and Kings Park Capital
The deal, which values the business at a reported £300m, will see the 31-site pubco continue to roll out its strategic ‘buy and build’ growth plans across the north of England and North Wales
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NewsBrewDog to launch official complaint against BBC
Co-founder and CEO James Watt said “the BrewDog I know and love” was not represented in the BBC Scotland documentary, which the company claims contained “dozens of inaccuracies”
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NewsInn Collection Group poised for £300m sale
The Inn Collection Group is set to be sold by Alchemy Partners to a new company backed by Bourne Leisure tycoons the Harris family, in a deal valued in the region of £300m
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NewsBurger King pushes ahead with flotation plan
Burger King UK owner Bridgepoint has expanded its cohort of advisers, adding a third investment bank, as it moves forward with a £600m flotation of the business, The Times has reported.
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NewsInside the battle to be Britain’s oldest pub
Covid is threatening to call last orders on what alleges to be our most ancient inn – and pretenders to its crown are staking their claims, the Sunday Telegraph reports
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NewsNero Group acquires remaining stake in Coffee#1
The group has reached an agreement to acquire SA Brain’s remaining 33% stake in Coffee#1
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NewsAmerican fund Knighthead lodges fresh bid to join Wolseley’s top table
The US-based fund is trying to break an impasse over the future of some of Corbin & King by tabling a fresh offer to extract it from insolvency proceedings, Sky News reports
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InterviewsKnoops stirs up gourmet hot chocolate experience
As the crafted hot chocolate concept opens its seventh site, MCA speaks to CEO Tori Nunn about how the cafe brand is looking to follow the single origin journey of speciality coffee
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OpinionIs distress coming to the hospitality & leisure sector?
One of the key factors needed to ensure survival is ‘a reason to exist’ – whether that’s strong customer loyalty, or a unique location or food offering, believe Christian Mole and George Mills at EY
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Interviews‘A strong employer brand is a big competitive advantage’
In the battle for quality staff, how good you are as an employer is everything, says Brewhouse & Kitchen CEO Kris Gumbrell
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NewsHospitality experiencing lower turnover than expected
Almost two-thirds of hospitality businesses reported turnover had fallen in the two weeks to 23 January 2022, according to the latest ONS data
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NewsGreene King rolls out ‘Magic Pints’ discount beer
The pub company and brewer is working with Too Good To Go to save surplus pints of beer being poured down the drain