All MCA Insight articles in January 2023 – Page 7
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NewsRetailers’ Retailer Awards 2023 finalists revealed
MCA is delighted to reveal the finalists of this year’s awards, with twelve hotly contested categories now open for voting. Finalists include Loungers, Fuller’s, Inception Group, Mission Mars, Dishoom, Popeyes and JKS Restaurants
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring new venues from Arc Inspirations, Marugame Udon, Inception Group, Gino D’Acampo, and more
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Analysis & InsightSustainable food trend helping in battle with food price inflation
The total proportion of dishes containing meat fell by -3ppts between 2019 and 2022, according to Lumina Intelligence’s Menu Tracker data
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NewsSmall Batch Coffee appoints new MD
Colin Morrison joins the Stefan Allesch-Taylor-backed business from Glasgow-based roaster Matthew Algie
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NewsWhitbread reports continued trading momentum
The Premier Inn operator saw F&B sales remained down on pre-pandemic levels, despite strong like-for-like sales growth in Q3 FY23
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NewsMitchells & Butlers sees festive trading up on pre-pandemic levels
The Harvester and All Bar One operator saw like-for-like sales up by 8.9% in the 15 weeks to 7 January, compared to the same period in 2019
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NewsKaren Forrester departs Individual Restaurants
She has been replaced by Andrew Garton, a former trading director at Iceland, the supermarket whose directors control the restaurant group
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NewsHummingbird Bakery steps up expansion
The American bakery chain is planning to open three to five sites this year, with plans to establish its presence further in London, operations manager Simone Tasker tells MCA
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NewsDishoom retains place on Glassdoor Best Places to Work list
The restaurant group was the only hospitality business to make the list, coming 40th with an overall score of 4.5
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NewsAwesome Chips eyes 50 UK sites
The new franchise operation is keen to build its current three sites into a nationwide business in addition to exploring opportunities elsewhere in Europe, founder Roni Dalal told MCA.
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NewsSSP appoints Kari Daniels as UK&I CEO
Succeeding Richard Lewis, she spent more than 20 years at Tesco, recently as CEO of Tesco Ireland
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News200 Degrees promotes FD to MD
The coffee shop operator has promoted Stephen Fern to managing director, taking over from co-owner and CEO Rob Darby.
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NewsCrussh secures pre-pack sale, saving eight stores
The food to go chain has been heavily impacted by post-pandemic trading conditions, having previously operated 30 stores
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NewsChestnut Group strengthens finance team
The East Anglia pub group has appointed Garrath Fulford as its new chief financial officer and Ted Child as head of finance, as it continues its expansion.
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Analysis & InsightSales prices up but transactions down for pubs
The average freehold sale price of pubs increased by 54.6% to £710,978 in 2022, as the quality of sites increased, according to Fleurets’ new Survey of Pub Prices.
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NewsNightcap sees strong half-year sales growth
Nightcap has announced a strong period of trading over the festive period, with like-for-like revenue up 27.6% in December
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NewsCity Pub makes first CMO appointment
Richard Myers joins the group from Urban Pubs & Bars as it gears up for its next phase of growth.
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NewsRichard Caring’s CFO departs after five months
Humera Afzal has resigned from Caprice Holdings, The Birley Group, The Ivy Collection and Bill’s Restaurants after joining in August 2022
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NewsKFC’s chief people officer steps down
Neil Piper is moving on after almost 15 years with the UK & Ireland business, where he has also served as interim general manager and director of human resources
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NewsPuttshack entering ‘rapid growth phase’
The tech-infused mini golf concept said global factors such as the war in Ukraine had not had an impact on trading