All MCA Insight articles in January 2024 – Page 7
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NewsRestaurant Brands International to acquire largest Burger King franchisee
Carrols Group, which operates 1,022 Burger King and 60 Popeyes restaurants in the US, will be acquired as part of the ‘Reclaim the Flame’ plan to drive sales growth and profitability
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NewsArchie’s launches new concept at Trafford Palazzo
Archie’s Atomic will combine the brand’s signature American-style food and décor with a roller rink spanning over 5,380 sq ft, alongside a family arcade area and shake bar.
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Analysis & InsightThe energy revolution is not just a green one
Prestige Purchasing founder and chairman David Read sets out why operators may need to take a more data driven approach if they are serious about being more energy efficient
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NewsFat Phill’s set to launch in UK
The Amsterdam-based smash burger concept has signed a franchise agreement with Freshly Baked, Auntie Anne’s UK master franchisee, to open 100 UK sites
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OpinionHow peachy is life on the public markets?
Dominic Walsh offers a mea culpa to Revolution Bars Group CEO Rob Pitcher over his acquisition of Peach Pubs - but questions the concept of continuing to run it as a public company
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NewsNew train strikes will be ‘significantly detrimental’ to sector sales
It is estimated that a fresh set of strikes by the Aslef rail union will cost hospitality almost £350m, on top of the £4 billion in lost sales the sector has already endured
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NewsIndividual Restaurants posts £11.8m loss
The group, backed by the Iceland founding Walker and Dhaliwal families, blamed cost of living pressures for adversely impacting the premium dining market
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NewsPret reveals first kids’ menu in drive to expand customer base
The food to go chain has launched its first full menu designed for kids aged four to 10 years old as it looks to broaden its offer for families
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Analysis & InsightLondon hospitality sector makes £46bn sales in 2023
The capital’s hospitality sector took in more cash last year than pre-pandemic levels, according to data hailed by mayor Sadiq Khan as proof of the industry’s “phenomenal resilience”
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NewsComptoir CFO joins We Do Play
Michael Toon has joined the experiential leisure operator behind trampoline park Flip Out, Asian mini golf concept Putt Putt Noodle, plus numerous licensed cafes in retail
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NewsBrewDog CEO hits out at ‘ridiculous levels of criticism’
James Watt was forced again to defend his decision to withdraw from the real living wage, as a Unite petition to u-turn reached nearly 20,000
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NewsHostmore makes progress in turnaround strategy
The group is continuing to engage existing and potential new lenders in the refinancing process, with December LFL trading up 4%
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NewsFlat Iron toasts record sales
The steakhouse concept took £35.9m in 2023, with openings planned for Hammersmith, Manchester and Victoria in 2024
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InterviewsIncipio Group: ‘There’s a lot of interest in the Pergola concept’
While Pergola Paddington closes this month, the group plans to open more venues under the brand with other sites in the pipeline this year - including its collaboration with Cirque du Soleil
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NewsLittle Caesars promises ‘year of growth’
The pizza brand has opened its second UK site in Nottingham, with two in London and one in Liverpool to follow later this year
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InterviewsHeart with Smart: We’re led by what the planet is telling us
The Pizza Hut and Itsu operator speaks to MCA about the importance of engaging suppliers and championing decarbonisation, as part of a series of finalists’ profiles for the MCA Hospitality Awards’ Sustainability category
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NewsRekom UK to undergo restructure
The late night operator has filed a Notice of Intention (NoI) to appoint administrators, as cost-of-living pressures continue to impact its core young adult and student customer base
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NewsDrake & Morgan delivers record Christmas
Like-for-like sales were up 31.7% against the same period in 2022 at the 17-strong premium bar and restaurant group
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NewsNoble Hospitality unveils expansion roadmap
The group behind Angus Steakhouse, Chotto Matte, Steak and Company, and Alley Cats Pizza has appointed Paul Sarlas as CEO
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Analysis & InsightThe return of the deal
A growing resurgence of sector M&A and more robust profit margins means this year could be a busy time for both investors and management teams, according to AlixPartners’ Graeme Smith and Craig Rachel