All MCA Insight articles in January 2023 – Page 10
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News
Energy support ‘unsustainably expensive’
Chancellor Jeremy Hunt told sector leaders any future support, while at a lower level, will be designed to avoid a cliff edge
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Analysis & Insight
Christmas trading at pubs remains down on pre-pandemic levels
Key Christmas trading days saw draught beer and cider sales 13.6% down on 2019, according to Oxford Partnership
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Analysis & Insight
Slow and sticky wins the race: Andreas Karlsson on Sticks’n’Sushi
The Danish-owned sushi and kushiyaki specialist is celebrating the 10th birthday of its UK business with its 10th site on these shores
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News
Zoe Bowley to step down from PizzaExpress
After 12 years with the casual dining brand, the MD has decided to step down in order to take a well-deserved break and pursue her next chapter
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News
Tell us about the Rising Star in your business
There is still time to nominate a stand-out performer in your business for the Rising Star Award at MCA’s Retailers’ Retailer Awards 2023.
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Analysis & Insight
Landlords seeing merits of experiential venues
People want something extra and truly memorable from a night out, with experiential venues gaining more kudos, according to Toby Harris, chief executive, State of Play.
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Analysis & Insight
No-alcohol volumes outstrip sales of low
The volume of no-alcohol drinks sold in the UK has increased by 21% since 2018, well ahead of the 1% increase in the low-alcohol category, according to data from drinks consultancy IWSR.
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News
JD Wetherspoon announces January sale
The pub operator is dropping prices across its menus over the first half of this month, including draught beers and ciders, spirits, soft drinks and Lavazza coffee as well as several breakfast dishes
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News
Train strikes cost hospitality £2.5bn in lost sales
UKHospitality’s chief executive Kate Nicholls told the BBC this revised figure is £1bn more than originally estimated, due to the fact an expected pre-Christmas bounce back never materialised
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Analysis & Insight
Late night venues hit by 20% drop in festive trade
More than 50% of respondents said they did not make enough profit to cover cash reserve requirements for the slower periods, according to a NTIA survey
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News
Wasabi still keen to expand UK restaurant portfolio
The Capdesia-backed business views expansion into more suburban locations as an attractive area for future growth
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News
Five Guys kickstarts 2023 expansion
The brand is set to open restaurants in Queensway and Bridgend, after 20 new site openings in 2022
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News
PizzaExpress appoints new commercial finance director
Grant Shaw joins the pizza chain this month from his role as head of commercial finance at Côte Restaurants
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News
Crosstown lines up two more
The doughnut and coffee concept is opening new sites in Shoreditch and Bristol while closing one in Piccadilly
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News
Ralph Findlay awarded OBE
The former Marston’s CEO and current C&C chair was recognised in the New Year’s Honours list for services to the hospitality sector
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News
High streets lost 17k shops in 2022
Almost 50 shops closed down every day last year as retailers grappled with soaring energy costs, wider inflation and online shopping, according to new figures from the Centre for Retail Research
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News
Lucky Saint raises £10m
Funding for the alcohol-free beer brand was led by venture capital firm Beringea and JamJar Investments, set up by the founders of Innocent Drinks
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News
Energy support to be halved
Next month chancellor Jeremy Hunt will announce a 12-month extension to the business scheme, but with the level of support reduced amid concerns over costs, The Times reports
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Analysis & Insight
Return to work delayed by a week
Commuters have been told not to travel by train unless “absolutely necessary” as a new week of industrial action hits the network
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Analysis & Insight
Pubs and brewers fear softening demand in 2023
The squeeze on cost of living is seeing consumers begin to hold back spending and choose less expensive brands of beer