All MCA Insight articles in January 2023
View all stories from this issue.
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NewsPing Pong maintains profitability
The dim sum restaurant chain, which was bought out of pre-pack administration in 2022, is exploring low capital investment growth opportunities
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NewsWagamama actively exploring loyalty programme
The Asian-inspired chain sees tech as a fundamental component of its growth strategy and is looking into a loyalty scheme, CEO Thomas Heier told MCA’s Restaurant Conference
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InterviewsRosa’s Thai looks to ‘own UK’s Thai restaurant space’
The group is preparing to unveil a new menu and sees “huge potential” to be the authority on Thai food in the UK, CEO Gavin Adair tells MCA
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NewsSubway announces executive changes
Former global chief marketing officer Carrie Walsh has been appointed as president of EMEA
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NewsTGI Fridays appoints COO
Richard Latham has been appointed chief operating officer, following a stint as national operations director and later interim COO for the chain
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NewsHall & Woodhouse reports ‘encouraging’ year to date
The 180-strong pub operator and brewer reported strong like-for-like growth in 2023, along with a recovery in underlying profit before tax
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NewsJamie Oliver Group reports strong results ahead of return to UK restaurant scene
The group reported revenue of £29.7m in 2022, as the chef prepares to launch Jamie Oliver Catherine Street in November and grow to 200 restaurants globally by 2027
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NewsJamie Oliver unveils concept for Catherine Street venue
Jamie Oliver Catherine Street will open this November, showcasing British produce with ’considered yet accessible’ dishes
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NewsJamie Oliver hasn’t ‘lost faith’ in the industry
The chef has said the collapse of his restaurant chain was ”utterly devastating” - but he hasn’t “lost faith” as he pushes ahead with plans to open a new restaurant
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NewsCake Box receives takeover offer
The London-listed 230-strong bakery chain has received an offer from privately owned Australian group The Cheesecake Shop
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InterviewsChestnut Group ready for bigger transactions
The East Anglian operator has several opportunities in the pipeline with a strengthened finance team ready for growth, CEO Philip Turner tells MCA
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NewsUK growth to fall behind Russia
The IMF has forecast Britain will be the only leading economy to slide into recession this year, as household spending struggles with high energy prices and rising mortgage rates
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NewsBoo Burger builds pipeline
The fresh fast food franchise has opened in Birmingham, with sites in Manchester, Derby, Preston and a third in Leicester to follow
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OpinionNisha Katona: ‘Mowgli will have my hand on it forever’
Following TriSpan’s acquisition of a significant stake in the Indian restaurant brand, MCA explores the cultural synergies between the new partners, and how Mowgli has an invaluable asset in its force of nature founder
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NewsLate night sector expects no benefit from new Energy Relief Scheme
A flash poll of members of the Night Time Industries Association found that 40% of businesses will lose money under the revised scheme
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Analysis & InsightFestive sales remain behind in real terms
Six of Britain’s top 10 cities saw higher sales in the festive period compared to 2019, but sales remain behind when adjusted for inflation, according to CGA and Wireless Social
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Interviews800° Degrees Pizza targets London neighbourhoods
The US pizzeria plans to open a further two sites in London within the next three months, with the aim of expanding its estate in neighbourhoods, CEO Tommy Lee tells MCA
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NewsTriSpan acquires stake in Mowgli
The global private equity firm is backing the continued expansion of the Indian street food concept, led by Nisha Katona, which has a significant future pipeline in place, including its Brighton restaurant which opens next month.
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NewsBusiness optimism has grown in new year
Overall confidence levels among UK companies increased by to 22% this month – its highest level for the past six months, according to the Lloyds Bank Business Barometer.
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NewsBoE poised to raise interest rates again
The financial markets are expecting a 0.5 percentage point increase in the central bank’s base rate, to 4% – its highest level since the 2008 financial crisis.