All MCA Insight articles in January 2023 – Page 2
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News
Caffè Nero pushes sales past pre-pandemic levels
The coffee shop business saw UK sales in December averaging 110% of pre-Covid levels.
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News
How Lancashire’s Ribble Valley became Britain’s gastropub capital
With villages around the town of Clitheroe now home to three of the UK’s top 50 gastropubs, The Guardian reports on this unique north-western take on pub dining
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News
How to eat out at expensive restaurants on a budget
Noma may be closing, but fine dining in the UK is hotter — and more expensive — than ever. So can you do it on a shoestring, the Sunday Times asks
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News
Why global food supplies are at risk despite falling crop prices
Geopolitical uncertainty, volatile energy markets, and climate change all pose a threat, the Financial Times reports
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News
How the fancy pub with rooms conquered Britain
These well-funded spruce-ups are a great improvement, but they’re forcing out idiosyncratic boozers, The Telegraph reports
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News
RMT members will decide whether to accept offer to end deadlock
‘It’ll be up to our members to decide, and they’ll inform the leadership,’ said RMT general secretary Mick Lynch, the Evening Standard reports
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Article
FEBRUARY 2023
MCA’s February edition features in-depth analysis and commentary on the eating and drinking out sector, including analysis of Byron’s protracted fall from grace, a look into BrewDog’s ambitions to bring IPA back to India and Marugame Udon’s new hollandaise noodle breakfast. It also features interviews with the leaders of Sticks’n’Sushi and Papa Johns, a discussion with White Rabbit Projects following its investment from McWin, as well as Liberation Group after its merger with Cirrus Inns. The issue includes coverage of William Reed’s inaugural Omnichannel Foodservice Conference, with contributions from PizzaExpress, Pret and Leon. There is also insight from Lumina Intelligence and opinion from MCA’s regular industry commentators, Peter Martin, Dominic Walsh and David Read
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Analysis & Insight
Food menu inflation rises to 4.1%
The average price of food items has risen across all channels, with total food menu inflation at 4.1% between Q3 and Q4 2022, according to Lumina Intelligence
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News
Hospitality sees highest average wage rise by sector
The average weekly wage for full-time hospitality workers has risen by 53% over the past decade, to £502 per week, according to ONS data for the year to 30 September 2022.
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News
Diageo looking to develop alcohol-free whisky
The owner of whisky brand Johnnie Walker said it was researching alcohol-free alternatives to the spirit, as well as rum
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News
Chancellor to deliver upbeat message on economy
Jeremy Hunt is set to dismiss “gloom” about the prospects for the UK economy and instead deliver a message that the government will bring about long-term prosperity
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News
EG Group warned over £7bn debt pile
The owner of Leon and Cooplands Bakery has been warned it faces the growing risk of a rating downgrade if it fails to address its debts by the end of June.
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Analysis & Insight
Top 10 pub and bar brands return to net outlet growth
The return to net outlet growth of 0.1% has followed two years of slowing net outlet decline, according to Lumina Intelligence, with Loungers leading the way in terms of expansion with its Lounge brand
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News
Openings of the week
MCA rounds up this week’s biggest openings stories, featuring new venues from Blacklock, Roxy Lanes, Coyote Ugly, and more
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Analysis & Insight
Businesses battle Covid debt, inflation and cost of living
Some 18,905 bars and restaurants are under “significant financial distress”, according to research by Begbies Traynor
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News
Last chance for early bird tickets for MCA’s Food to Go Conference
EG Group, Island Poké and Chopstix join the line-up at the conference, with discounted early bird tickets available until 31 January.
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News
Wetherspoon struggles to offload venues
The pub operator has only sold a handful of the 35 venues it has put up for sale, amid nervousness over the cost of living crisis and uncertain market conditions
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Analysis & Insight
‘Low-to-no is growing and growing - let’s embrace it’
MCA examines the explosive rise of the low-to-no alcohol category, which has seen the most growth across the drinks market in recent years as both suppliers and operators take note of evolving attitudes towards moderation
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News
BrewDog to roll out mental health and wellbeing programme
The brewer and bar operator’s 3,000 staff globally will have access to a personalised holistic ‘Pathfinder’ wellbeing programme, supported evidence-based content and courses.
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News
One week left to cast your vote for the Retailers’ Retailer Awards
The deadline for the ballots to decide the ultimate winners of the prestigious awards ceremony is 3 February