All MCA Insight articles in July 2019 – Page 4
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News
Marston’s defers £70m new-build programme
Marston’s is deferring a £70m new-build programme, and reallocating £20-30 million of funds into the pub company’s organic capital plans.
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News
Founders of Franco Manca to launch new concept at Seven Dials Market
The original team behind Franco Manca are to launch a new Italian pasta bar concept, Strozzapreti, at Seven Dials Market later this year.
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News
BBPA calls for greater clarity around Pubs Code
The British Beer & Pub Association (BBPA) has raised concerns about some aspects of the Pubs Code, suggesting there needs to be improvements to clarity and certainty for all parties involved.
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Analysis & Insight
Consumers expect four-star hygiene rating minimum
The majority of consumers (58%) would not consider purchasing food in a restaurant or takeaway with less than a four-star hygiene rating, research from food safety experts Navitas has revealed.
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News
CDG Leisure to oversee F&B strategy at Frasers
CDG Leisure has been appointed by House of Fraser to oversee the food and beverage development strategy at Frasers – the luxury lifestyle retail brand launched by House of Fraser earlier this year.
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News
Proud restructures cabaret businesses
Nightclub entrepreneur Alex Proud has liquidated several of his cabaret club businesses as part of what he told MCA was a “simple restructure”.
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Analysis & Insight
A Novel Idea: No. 8 Joy
Every month, Marcel Khan, chief executive of Thunderbird Fried Chicken reads a book (so you don’t have to) and applies insight into the sector based on what he’s learned between the covers and beyond. This month: The Happiness Advantage by Shawn Achor.
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News
Fever-Tree revenue up 13% as trend for long mixed drinks gains momentum
Fever-Tree achieved a 13% increase in revenue in the six months to 30 June 2019, to £117.7m.
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News
K10 explores growth capital raise
Sushi takeaway concept K10 is exploring options for its next stage of growth, executive director Maurice Abboudi has told MCA.
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News
Deliveroo teams up with Sainsbury’s for pizza delivery
Deliveroo has started delivering hot pizza baked in Sainsbury’s supermarkets – the first time one of the big four supermarkets has teamed up with Deliveroo.
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News
Arc Inspirations spike in sales during Cricket World Cup
Arc Inspirations, the operator of Manahatta, Banyan and The Box concepts, has reported a spike in sales across its sport-led sites during the recent Cricket World Cup.
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Analysis & Insight
Consumers opt for experiences despite flat confidence
Consumers are treating themselves to meals out and preferring experiences over material things, despite flat levels of consumer confidence.
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News
Pubs Code Adjudicator to return more than £800k
The Pubs Code Adjudicator will return more than £800,000 to the pub companies it regulates because it did not launch any investigations in the year to April.
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News
Whitbread completes £2bn capital return programme
Whitbread has completed a £2bn capital return programme to shareholders.
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News
Pizza Hut to convert estate to fast-casual model
Pizza Hut, the Yum! Brands-owned delivery business, plans to convert the majority of its 400-strong estate to a new fast-casual model.
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News
Uber Eats launching restaurant accelerator to fill cuisine gaps
Uber Eats is to launch a restaurant accelerator program in London to cater to unmet demand from customers on its food delivery platform.
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Analysis & Insight
Pub menus: Quantity over quality?
MCA market insight director Steve Gotham looks at whether the increases seen in pub menu counts are sustainable, particularly when extensive menu choice is not a particularly high-ranking consumer need.
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News
Black Sheep Coffee buys Taylor St Baristas
Black Sheep Coffee has acquired the eight-strong coffee shop estate of Taylor St Baristas, CEO Gabriel Shohet has told MCA.
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Analysis & Insight
Could pierogi become a food-to-go player?
Chef Damian Wawrzyniak wants to turn these Polish dumplings into travel hub staples, but could others catch on? MCA’s sister title Food Spark takes a look at their trend potential.
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News
SSP reports sales lift
SSP has reported a sales boost of 9.2% for the third quarter ending 30 September 2019, covering the period from 1 April to 30 June 2019.