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All MCA Insight articles in February 2024 – Page 3
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NewsUKHospitality: Proposed tipping code reflects ‘variety and complexity’ of sector
The proposed code of practice will enable businesses to reflect the circumstances in which they operate, according to the trade body
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NewsSnowfox Group looks to franchise its 500-strong estate
The group recently opened its 500th UK kiosk across the Yo! Sushi and Panku brands, which have been trading in Tesco and Asda
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NewsDelivery workers planning to strike every Friday
Thousands of delivery riders across Just Eat, Deliveroo, and Uber Eats are planning to strike from 5-10pm every Friday over pay, according to Metro News
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Analysis & InsightQSR increases food-to-go market share
Coffee and sandwich shops have seen the steepest decline in food-to-go share of occasions, whilst quick-service restaurants have been boosted by consumers opting for drive-thru.
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NewsSessions: The role of technology is “absolutely critical”
Director of product and data Stefan Marjanovic says tech will create growth opportunities as food brand licensing platform also looks to boost physical site numbers
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NewsStonegate reports strong trading momentum
The group achieved 12% like-for-like sales growth in its pubs over Christmas, while late night and branded bars were up 10%, according to CEO David McDowall
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NewsMarugame Udon leveraging tech for rapid growth
Marugame Udon is making sure its tech stack is complimentary to the brand’s ambitions for rapid growth through franchising, CEO Keith Bird told MCA’s Hostech conference
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InterviewsUber Eats: ‘We’re a tech company at our core’
Consistent improvement to its platform, based on feedback from restaurant partners, has helped the delivery company build its value proposition over the years, according to Gabriella Overeem-Yee, general manager, Enterprise
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ArticleMARCH 2024
MCA’s March edition features in-depth analysis and commentary on the eating and drinking out sector. This month, we explore the bubble tea phenomenon and how the Taiwanese import has woven its way into the UK market to become a common sight on high streets. We also analyse the fallout from BrewDog’s decision to drop the Real Living Wage and what wage inflation means for the wider sector. The edition includes interviews with McWin Capital Partners - fresh off their acquisition of Sticks’n’Sushi - on the outlook for sector investment, and with Rockfish CEO Mitch Tonks on why differentiated concepts continue to perform strongly. Designer Philip Harrison reflects on trends in the cafe sector, while industry commentators Peter Martin, Dominic Walsh, and David Read share their views on recruitment and retention, the future of drinks giant Diageo, and how to rise to the sustainability challenge in food procurement.
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NewsOpenings of the week
MCA rounds up the week’s biggest openings stories, including Slug & Lettuce, Wingers, Marco Pierre White, Black Cat Club, Carousel and more
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NewsTortilla CEO Richard Morris to step down
Morris, who has spent ten years with the fast-casual Mexian brand, will be replaced by UK MD Andy Naylor at the end of March
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NewsDanieli Group reports £10m turnover
The Northeast-based group, which operates The Muddler, YOLO, and Destination 1850 brands, said the STACK concept accounted for 31% of turnover until its exit from the group in December 2023
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NewsThe Vurger Co ceases trading
The vegan fast food concept is to shutter its three sites in Brighton, Manchester, and London, citing the ‘perfect storm’ of cost pressures affecting hospitality
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InterviewsBurger King: ‘It’s not just about throwing tech at customers’
The business is building a consistent digital strategy that works across its diverse estate, Tim Love, BKUK director of digital, told MCA’s Hostech
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NewsStonegate’s data focus a ‘significant step forward’
The pub company’s enhanced focus on data insights has led to a material shift in its strategy and the management of its large estate, CEO David McDowall tells MCA
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NewsConfidence amongst hospitality leaders ‘beaten down’ by cost pressures
41% of leaders feel confident about the hospitality market over the next 12 months, with 57% optimistic about their own business prospects
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NewsRosa’s Thai plans to experiment with “tech-led format”
FD Tsara Taylor told MCA’s Hostech conference that the brand sees potential to experiment with ‘express’ or ‘tech-driven’ formats going forward
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NewsMary Brown’s Chicken makes UK debut
The QSR concept, which has c300 sites across Canada, opened in Lisburn, Northern Ireland, yesterday, and is on the lookout for franchise partners to expand across the UK
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Analysis & InsightBeer category growth powered by pubs
Beer sales in food-led and community pubs rose 4% and 2% respectively, while restaurants, bars and nightclubs all saw beer revenues fall in 2023, according to CGA
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NewsBrasseria Family exceeds crowdfunding target
The all-day Italian restaurant operators have raised £1.18m from 52 investors to open a third Brasseria restaurant in South Kensington