All MCA Insight articles in February 2024 – Page 6
-
News
Liberation Group makes two senior appointments
Jayson Perfect, previously group managing director at the pub operator, has been appointed chief operating officer, whilst Jamie Queen, previously marketing director at Thomas Cook, will join Liberation Group as chief growth officer.
-
Analysis & Insight
From East to West: Bubble tea meets the mainstream
From a once novel curiosity to commonplace on UK high streets, the bubble tea shop has incrementally woven itself into the market. With surging outlet numbers and recent adoption by established coffee chains, MCA explores the potential of the Taiwanese import in the latest in a series of immersive, data-led features
-
News
UKHospitality urges government to cap business rates rises
With the Budget approaching, trade bodies have also urged the Chancellor to reduce VAT, adding the recession is ’hugely concerning’ for businesses and consumer confidence
-
News
Tortilla ends partnership with Deliveroo
Tortilla has confirmed Uber Eats and Just Eat as its partners following a review of the brand’s delivery strategy, as part of a wider initiative to drive EBITDA margin and profitability
-
News
Knoops sees record start to 2024
Store revenue for the chocolate drink specialist increased 23% on a like-for-like basis, with FY24 turnover expected to more than double vs FY23
-
News
Former Wear Inns portfolio brought to market
The pub group’s 25 sites, comprising 21 freeholds and four long leaseholds, are on the market after it entered into administration in November 2023
-
News
Heston Blumenthal calls on Companies House to tackle fraud
The chef has called on the register to protect businesses from fake listings, with his Knightsbridge restaurant one of those targeted
-
News
Megan's sales up 10% in January
The 19-strong all-day neighbourhood operator, which is chaired by Rod McKie, has secured four new sites for 2024
-
Analysis & Insight
January sales fall flat as consumers watch outgoings
The stagnant start to the year follows a bumper festive season, the latest CGA RSM Hospitality Business Tracker shows
-
Interviews
Tortilla: ‘We’re excited by the opportunity in Europe’
The fast casual Mexican brand plans to open eight new corporate-owned sites in the UK in 2024 with a focus on shopping-centre locations, and is sizing up European markets to target in the future.
-
Interviews
M&B: ‘Our strategy is to appeal to different parts of the market’
Mitchells & Butlers has adopted a brand-specific approach to its digital evolution, Richard Whitehouse, director of digital product and transformation, told MCA’s Hostech
-
News
Costa Coffee named Nation’s Favourite
In the annual Allegra World Coffee Portal survey of more than 5,000 UK consumers, 51.6% named Costa as their favourite chain for the 14th year in a row
-
News
Richard Lewis to step up as RedCat group CEO
The pub investment vehicle has announced Richard Lewis is to become group CEO, following Kevin Charity’s retirement as CEO of the Coaching Inn Group
-
News
Hydes Brewery commences multimillion investment programme
The Salford-based pub operator invested over £4m in its estate in 2023 and has committed to a seven-figure investment programme through 2024
-
News
Apollo ‘in talks’ for Alshaya Starbucks franchise
The private equity firm Apollo Global Management is interested in acquiring a minority stake in the Middle East, North Africa and central Asia Starbucks, according to a Reuters report
-
News
Rhubarb Hospitality Collection reports full recovery
The high-end restaurant company, which operates the F&B offer at venues including Royal Albert Hall and Sky Garden, reported £38.1m in turnover for 2022
-
Interviews
Rare Restaurants: ‘There is a huge growth opportunity in the UK’
The Gaucho operator’s expansion strategy will combine a focus on “obvious” city locations and its proven neighbourhood model, CEO Martin Williams tells MCA
-
Opinion
Hipster coffee shops – a global brand of individual operators
Philip Harrison, chairman at design agency Harrison, reflects on the global ‘hipster café’ phenomenon and considers whether Pinterest-inspired style trends are killing off individuality in the sector
-
News
Krispy Kreme faces continued pressure on profitability in UK
CEO Josh Charlesworth said the doughnut chain is taking action to improve profitability as it reports lower volumes in the UK in FY23
-
Interviews
Various Eateries sees ‘big opportunity’ for Noci
The modern pasta concept’s distinctive “food-led” approach makes it well placed for growth as it targets further expansion in London, executive chairman Andy Bassadone tells MCA