All MCA Insight articles in January 2021 – Page 7
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News
Creams debuts in Wales
Creams Café is opening its debut in Wales on a former KFC site in Cardiff city centre.
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News
Flower Burger to open on Charlotte Street
Italian plant-based burger brand Flower Burger will make is London debut this month with the opening of a site on Charlotte Street.
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News
Burger King rebrand in pictures
Burger King UK has published images of its new brand identity at a restaurant opening in Coatbridge near Glasgow.
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News
Just Eat Takeaway hails uplift in delivery
Just Eat Takeaway has hailed a huge uplift in fourth-quarter UK business on the same period in 2019.
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News
Giggling Squid proves ‘off-site trading model’
Giggling Squid is currently in a “strong financial position” and “trading well given its regional bias” as it heads into winter, according to its latest financial accounts.
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News
Pizza Express exits further 23 sites
Pizza Express has closed an additional 23 sites, on top of the 74 sites exited as part of the company voluntary arrangement (CVA).
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Interviews
Kate Nicholls OBE: Easter the ‘most ambitious’ reopening date for hospitality
Government’s “most ambitious” post-lockdown roadmap won’t see hospitality reopen until after Easter, Kate Nicholls OBE has said.
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News
Greene King continues 90% rent concessions for tied tenants
Greene King Pub Partners has confirmed its tied tenants will continue receiving 90% rent concessions until the end of the latest lockdown.
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News
Pizza Express strengthens senior team
Pizza Express has made two further appointments to its senior team following the completion of its recapitalisation last November.
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News
Landsec: £35m of December rent outstanding
Land Securities has updated on its December quarter rent collection, with £35m outstanding.
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News
Leon reshuffles finance team
Leon chief financial officer Antony Perring is stepping down to be replaced by his long-standing deputy Chris Burford.
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Analysis & Insight
Hospitality hard hit by December consumer spend dip
Consumer spending saw its largest decline since June 2020 in December with hospitality one of the hardest hit sectors, according to the latest Barclaycard report.
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Interviews
Just Eat MD Andrew Kenny: ‘2020 raised the bar for delivery’
Delivery has never seen a year like 2020. Whilst last year’s events wreaked havoc on traditional operating models across the hospitality space, the back-to-back lockdowns and shift towards homeworking prompted an unprecedented surge in delivery sales, with the UK’s three primary aggregators all reporting uplifts in revenue, partnerships and order numbers.
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News
Deliveroo targets 100 new locations in 2021
Deliveroo is to expand to around 100 new towns and cities across the UK in 2021, and extend its reach in the over 150 locations it currently operates in.
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News
MPs support motion for hospitality minister
MPs have voted in support of a motion to create a Minister of Hospitality, after a 90-minute debate in Westminster.
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News
Click and collect under review
Click and collect services could be banned with the exception of supermarkets and essential retail, under proposals considered by ministers, The Telegraph reports.
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News
No new support from Sunak
Chancellor Rishi Sunak has signalled there will be no further financial support for business hit by coronavirus restrictions ahead the 3 March budget.
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News
Gravity to make London debut
Gravity, the experiential leisure operator, is to make its London debut this summer in Wandsworth’s Southside Shopping Centre.
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Analysis & Insight
Delivery returns to top of the menu
Delivery accounted for one in four eating out occasions during the second lockdown in November, Lumina Intelligence’s Eating Out Panel reveals.
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News
British Land collects less than half of retail rents in December
British Land has so far collected 46% of due December rents in its retail division, with just 32% of its stores able to trade in some way through the latest lockdown.