All MCA Insight articles in January 2023 – Page 6
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NewsWendy’s franchisee Blank Table to open first drive-thru
Opening at Brampton Hut on the A1/A14 intersection, the franchisee has further sites planned for Cambridge and Wisbech
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NewsRevolution Bars Group closes on Mondays and Tuesdays to save energy
The group has revised down its profit expectations for the year after its bars were down 9% over Christmas due to the rail strikes
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Analysis & InsightOmnichannel growth increasingly important amid outlet decline
Leading brands saw a combined outlet decline of 0.8% in 2022 but have implemented key initiatives to diversify revenue streams, according to Lumina Intelligence
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NewsOakman looks to raise £5.3m from shareholders
The discounted share placement will provide a buffer to protect the business from a further worsening of the trading environment
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InterviewsCaffè Nero: ‘We need to remain focused on quality’
Despite a noticeable contraction in consumers’ disposable income, founder and group CEO Gerry Ford believes the coffee shop’s offering needs to be premium.
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NewsCalls for rogue energy companies to be named and shamed
Hospitality business have been on the receiving end of “extortionate rates” as well as hiked up standing charges
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NewsSupport needed when Covid loans fall due
UKHospitality’s chief executive Kate Nicholls has said the government could ask banks to be more lenient with borrowers or demand that lenders automatically extend loan repayment terms to applicants.
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NewsWendy’s ‘excited’ for future UK growth
Wendy’s has built up a footprint of almost 30 UK restaurants in less than two years, with its first drive-thru restaurant to open in the coming weeks
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NewsNoma is less sustainable than its reindeer ragout
The planned closure of the Michelin-starred Copenhagen restaurant reflects the gruelling life of chefs, the Financial Times reports
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NewsMy 10 non-negotiable rules for restaurants
Listen up Wagamama: here’s what middle-aged restaurant-goers really, really want, writes Matt Rudd for The Sunday Times
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NewsSingle-use plastic: Takeaways face ban in October
A ban on some single-use plastics will come into force in England from October, the government has announced
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NewsEnergy prices will send us bust
Thousands of businesses risk going bust as the government slashes energy support, according to industry figures
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OpinionUdon for breakfast, anyone?
As Marugame Udon makes its debut on the breakfast scene with its ‘Benedict Udon’, MCA examines the new offering and its potential for success in a category often bound by tradition
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NewsFamously Proper saved in pre-pack deal
The operator of Byron and Mother Clucker is to permanently close nine of its Byron restaurants after administrators from Interpath Advisory were appointed last week
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Analysis & InsightInflation outpaces growth in eating out market
The UK total eating out market is forecast to have reached £94bn in value in 2022 - only 3% ahead of its 2019 value, following real negative volume growth, according to Lumina Intelligence
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NewsShake Shack to open 12th UK location
The business plans to open 25-30 licensed international restaurants this year, including the new Oxford Circus site, which is the first to fearture a vertically orientated kitchen
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NewsUK economy grew in November
GDP rose by 0.1% on the previous month, according to the Office for National Statistics, boosted in part by a strong performance by pubs and bars during the FIFA World Cup in Qatar
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NewsAviary Hospitality partners with Daizun Investments
The South Coast-based group is looking to expand its brands Chicken & Blues and Flamingo Cafe Bar following the acquisition of James & White Group
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NewsHalo Burger announces Sessions partnership
The vegan burger concept announced a five-kitchen partnership as it looks to grow by extending its delivery reach, following a restructure last year
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InterviewsInception Group sees record Christmas trading
The experiential venue operator saw 2022 turnover pass 2019 levels, and is in negotiations to open further London sites, founder Charlie Gilkes tells MCA