All MCA Insight articles in February 2022 – Page 7
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Analysis & Insight
Reputational damage control
Despite BrewDog’s insistence it is addressing claims of a toxic culture, negative headlines surrounding the conduct of its CEO James Watt continue to surface. MCA explores where the tipping point lies between the value of a brand’s founding principles and its long-term reputation
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News
EV charging facilities likely to boost footfall
The ability for consumers to charge their electric vehicles could lead to an increase in the frequency of their visits, according to new data from CACI.
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News
Eating out occasions dipped to 53% penetration
The proportion of UK consumers who ate out in the 12 weeks to 26 December 2021 dipped to its lowest level during Christmas week – at 51%, according to new insight from Lumina Intelligence.
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News
Brasserie Bar Co acquired by Alchemy for £40m
The deal will support plans to grow the group’s pubs business from 18 sites to 70 over the next five years
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News
Low2NoBev returns with extra day
Running alongside The Big Hospitality Expo, Low2NoBev is the only dedicated trade show for the low and no-alcohol drinks sector
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Analysis & Insight
Restaurant spend down 17.5% in January
Valentine’s Day, growing inbound tourism, and consumers spending more on activities and experiences are expected to boost spending in the near term, Barclaycard reports
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News
RedCat continues to build Coaching Inn portfolio
The pub investment vehicle, founded and chaired by Rooney Anand, has acquired The Crown Hotel in Boroughbridge, Yorkshire, which will be operated by The Coaching Inn Group
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News
Greene King develops back-of-house academies
Launched to coincide with National Apprenticeship Week, the pub company and brewer has developed the academies in order to train the next generation of its chefs.
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News
Operators forced to pass on cost hikes
In the face of soaring energy, food and labour costs, hospitality businesses will be forced to pass on at least some of the cost to consumers, UKHospitality has warned, despite the squeeze on household incomes
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Weekend Press
Call for more businesses to employ people with learning disabilities
It’s more than just the money - work isn’t just a job for them - they feel valued, part of a team, reports Sky News
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Weekend Press
Prices set to rise as operators grapple with costs
UK Hospitality says its members - battered by two years of pandemic disruption - now face higher costs that will need to be passed on, reports Sky News
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Weekend Press
City workers lead the way in return to the office
With the work-from-home guidance lifted, cities are starting to hum again. Are now ready to live with Covid, asks The Sunday Times?
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Weekend Press
Richard Caring loses appetite for Corbin & King
The Mayfair tycoon Richard Caring has withdrawn from the battle for control of The Wolseley, reports The Sunday Times
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News
Boston Tea Party to open three sites in 2022
Chief executive Sam Roberts told MCA the all-day cafe brand was gearing up to open its 25th restaurant next week in Torquay, as well as a cafe in the Milton Keynes shopping centre in June/July
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News
Thunderbird on track for four new sites
The Trispan-backed wings and fried chicken concept is opening in The Bentall Centre, in Kingston, Putney, Clapham Junction, and The Broadway
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News
SSP revenues take a hit from Omicron
Revenues at the food and beverage travel outlet operator were down to 57% of 2019 levels in the most recent eight-week trading period
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News
Recovery on track for Shaftesbury
Following a short-term period of disruption over Christmas, visitors and workers are returning to the West End, said the real estate investment trust
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Analysis & Insight
Modest revival in out-of-home drinks sales
Sales of drinks in the week to 29 January were 8% down on the equivalent period in 2020, CGA’s latest Drinks Recovery Tracker has found
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News
Stonegate makes board appointment
Daniel Wilkinson, Stonegate Group’s strategy, legal and business development director, was praised for his “significant contribution” to the company
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News
Sticks ‘n’ Sushi targets further London growth
The Danish restaurant group plans to launch three or four more restaurants in London over the next few years