All MCA Insight articles in July 2019 – Page 2
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NewsAnalysts give backing to Just Eat and Takeaway deal
Analysts have reacted positively to the news of the possible merger between Just Eat and Takeaway.com. Notably Cat Rock Capital, an activist investor in Just Eat which publicly called for it to merge with a competitor last February.
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NewsPuttshack to open at Intu Watford in 2020
Puttshack will open a £5m site in the Intu shopping centre in Watford in 2020. It’s also opening a new site in Intu’s lakeside shopping centre on 19 August. The openings are part of Puttshack’s plan to open a new site every 12 weeks from 2020, including a site at 1 Poultry, Bank, later this year.
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NewsPrezzo appoints David Haimes to Board
Prezzo has appointed David Haimes as non-executive Director. Haimes has spent over 20 years in the food and drink industry, including CEO of Obikà Mozzarella Bars & Restaurants and MD at brands including Yum! Brands, Itsu, Luminar Leisure and Tchibo GB.
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NewsErpingham House targets Brighton
Vegan restaurant Erpingham House is launching a £250,000 crowdfunding bid to open a restaurant in Brighton, which is considered to be the vegan capital of the UK. Currently based in a grade two listed building in Norwich, Erpingham House will launch the bid using Crowdcube to private investors in August before opening it up to the public on 1 September.
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Analysis & InsightGaps and opportunities…
MCA’s market insight director Steve Gotham delves into data from the Office for National Statistics to gauge where opportunities lie for growth in each of the eating out market channels, across the regions.
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NewsJust Eat move closer to merger with Takeaway.com
Just Eat and Takeaway.com have released a statement saying they have “reached an agreement in principle on the key terms” of a merger between the two businesses. The statement said the deal represented a “highly compelling” opportunity to create a combined business that would become “one of the world’s largest ...
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NewsCrussh opens first hospital site in Birmingham
Crussh Fit Food & Juice Bars has opened its first outlet outside the South East today, in Birmingham’s Children’s Hospital. The opening, in partnership with Sodexo, is compliant with the CQUIN framework to improve healthy food for NHS staff, visitors and patients, and includes the voluntary national SSB (Sugar – Sweetened Beverages) reduction scheme.
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NewsMarston’s announce changes to the board
Marston’s has announced that Bridget Lea and Octavia Morley will join its board as independent non-executive Directors from 1 September 2019 and 1 January 2020 respectively. Lea is current MD (North) at Sainsbury’s and previous held roles at M&S, Clark, Uniqlo and O2.
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NewsSalad sales on the rise at McDonald’s
McDonald’s UK has seen sales of its side and main salads increase by 55% year-on-year as consumers go for healthier fast food options.
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NewsJust Eat announces board changes
Andrew Griffith is to step down from the board of Just Eat as a non-executive director, with immediate effect.
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OpinionHow Tossed is tackling healthy trends with vending machines
A growing trend on both sides of the pond, vending machines distributing fresh salads is an alternative sales channel Tossed is keen to tap into, as MCA’s sister title Food Spark found out.
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NewsBrewDog CEO in mystery departure
BrewDog’s ‘CEO of beer’ Andy Shaw has left his role after only five months in the job, The Grocer has revealed.
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NewsShake Shack and Barburrito opening in Gatwick
Shake Shack is to open its debut airport site with TRG Concessions at Gatwick Airport’s North Terminal, MCA can reveal.
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NewsSodexo: No impact on partnership after Taylor St Baristas calls in administrators
Speciality coffee group Taylor St Baristas has appointed administrators, days after selling its café estate to Black Sheep, and abandoning a crowdfunding campaign.
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NewsEmeny: ‘We are evaluating M&A activity’
Fuller’s is considering M&A activity following the sale of its Beer Business to Asahi for £250m, earlier this year, chief executive Simon Emeny has told MCA.
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NewsRooney Anand joins board at Chiktopia
Rooney Anand has joined the board at Chiktopia as a non-executive director.
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OpinionMark out of ten - Pret
Pret is a class act, we all know that, but they also know how to hit the right tone at the right time. On 18 July, Pret announced they were going to give away free iced drinks the following day. This may not seem such a big idea, however it’s the last 15% of execution that is key in all the things Pret do.
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NewsMorty & Bob’s to open in Westfield
Morty & Bob’s will open an outlet in west London Shopping centre Westfield in October. Morty & Bob’s Sandwich Bar will offer its signature sourdough grilled cheese alongside several new hot sandwiches, including porchetta with salsa verde, chicken schnitzel and popcorn shrimp.
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News
NewRiver’s pub portfolio continues to deliver robust cash returns
NewRiver has said its pub portfolio has continued to deliver high occupancy and robust cash returns, in the first quarter of 2019.
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OpinionMarston’s: ‘It’s been tougher this year.’
Marston’s had a strong start to the year, but-like-for like growth has been hampered in recent weeks by the freak comparative of last year. Following a trading update CEO Ralph Findlay talks to MCA about why the pubco is putting its £70m new-build programme on ice, investing in its premium and wet-led estate, and what he calls a lager summer.