All MCA Insight articles in January 2023 – Page 4
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Analysis & InsightAnalysts examine Fuller’s profit downgrade
The pub company was left rueing the damage done by rail strikes in its latest trading update, which saw like-for-like sales down 5% vs 2019 in the four week Christmas and New Year period
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NewsMarston’s sees ‘positive sales momentum’
Like-for-like sales were up 4.5% for the 16-week period to 21 January 2023 compared to 2020, the last period unaffected by Covid-19
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NewsCôte confirms Sarah Hills as COO
The former Megan’s MD will join the French brasserie brand full-time from March
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NewsCity Pub Group trading ‘better than expected’
The pub operator achieved strong like-for-like sales growth over Christmas, as it announced board changes and two new site acquisitions
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NewsKerb to launch Berlin food hall
The London street food organisation is to convert the IMAX cinema at the Sony Centre Centre am Potsdamer Platz into a two-storey food and drink hall
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NewsLucky Saint to open debut bar
The low to no beer brand will also serve alcoholic drinks at the former Mason’s Arms in Marylebone
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OpinionPeter Martin: The world in 2024 - are you ready?
Peter Martin looks ahead and suggests bold decision making, optimism and a focus on driving standards could prove to be the key to success in 12 months’ time
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NewsGail’s kickstarts Northwest rollout
The premium bakery chain has confirmed further openings in the Northwest, in Manchester and Altrincham, and will make its debut in Wilmslow next month
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NewsFuller’s revises profit expectations
Despite strong trading over the festive season, industrial strike action has significantly impacted profitability and held sales behind pre-pandemic levels
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NewsI’ve tested liberica, the ‘disgusting’ coffee coming to a café near you
Cafés are beginning to serve flat whites and lattes made from a bean that can grow in the more challenging conditions brought about by climate change, The Times reports
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Analysis & InsightRestaurants dropping meat dishes as costs rise and Veganuary grows more popular
The price of ingredients and rise of veganism have led to a ‘notable decline’ in dishes made with animal products, The Observer reports
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Analysis & Insight‘Extreme suffering’ central to culture of elite kitchens
Chefs in Michelin-starred restaurants share how brutality, burns and beatings are routine to ‘building respect’, The Guardian reports
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NewsBrewDog boss warns of £27.50 pint if prices put up to match rising bills
UK ‘sleep-walking towards utter disaster for tens of thousands of businesses in UK’, The Independent reports
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NewsNew bill guaranteeing tips for hospitality workers moves closer to becoming law
The issue was first highlighted in 2015 when it was revealed some chains were adding service charges and using some of this money to top up managers’ salaries, Sky News reports.
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NewsHedge fund Oasis takes 5% stake in The Restaurant Group
Hong Kong-based fund could shake up owner of Wagamama and Frankie & Benny’s chains, the FT reports
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NewsSalonica Maroon ups stake in Creams
The 100-strong dessert parlour brand is looking to “turbo charge” its growth nationally and internationally
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OpinionDavid Read: Supply resilience more important than ever
Supply resilience will become more urgent than cost in the decade ahead, Prestige Purchasing founder and chairman David Read predicts
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InterviewsRevolution Bars: ‘We will look to expand when the time is right’
The pub and bar operator has a strong pipeline in place but remains focused on integrating Peach Pubs into the company in the short term, CEO Rob Pitcher tells MCA
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NewsThe Alchemist appoints commercial director
The cocktail bar and restaurant group has appointed David Day to oversee its expansion in Germany, as it prepares to open a Berlin site in April
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NewsLondon’s Night Czar calls for more support for late-night operators
Amy Lamé urged the government to cut VAT for hospitality, and extend the 50% business rate relief for a further year