All MCA Insight articles in July 2020 – Page 8

  • Abokado interior
    News

    Abokado MD steps down

    2020-07-15T10:13:00Z

    Abokado managing director Kara Alderin has stepped down to take a role with a national pub group.

  • greene
    News

    Greene King: 99% feel safe in the pub

    2020-07-15T07:45:00Z

    Some 70% of people have said going to the pub for a post-lockdown pint was a top priority, ahead of visiting family and friends, according to a survey by Greene King. Greene King surveyed over 25,000 people to understand their views on returning to pubs and how they found the experience. Despite warnings that the prevalence of PPE and other enhanced safety measures might spoil the traditional pub vibe, 86% of respondents said the pub they visited still had the atmosphere they had been hoping for.

  • Pizza Express
    News

    Potential restructure at Pizza Express

    2020-07-15T07:30:00Z

    Hony Capital, which owns Pizza Express, could be “all but wiped out in a restructuring” according to a report in the Times. It said Hony Capital, which bought the 627 strong chain for £873m in 2014, had “looked at the possibility of injecting more equity into the business but is now thought to be resigned to ceding control to its bondholders.” It went on to say that “none of the parties involved would comment” but there “were suggestions last night that a financial restructuring, possibly including some restaurant closures, could come as early as next week.”

  • GettyImages-1138688089
    Analysis & Insight

    Analysis: Clinging to life in the ghost town

    2020-07-15T07:18:00Z

    London, you may have heard, is a ghost town. In the latest round of borderline dystopian statistics to surface as a result of the pandemic, just 7,000 of the 120,000 workers based in Canary Wharf are back at their desks. And although office workers across the capital may be thrilled to be without the twice daily commuter Hunger Games, for those in hospitality, a few stifling minutes on the Central line is a non-issue if the alternative is unemployment. In the last month alone, city-based to-go brands including Wasabi, Tossed, Pret and most recently Itsu have appointed advisors to assess their options, but whilst, historically, the mention of advisors might ring alarm bells, faced with the current economic climate, it could be time to shed the stigma.

  • Giggling Squid interior
    News

    ​Giggling Squid appoints Backhouse

    2020-07-15T07:13:00Z

    Giggling Squid has appointed Nick Backhouse, a senior independent advisor to Loungers, as a director. Backhouse is also a senior independent advisor to Hollywood Bowl, and was a non-executive director of Marston’s for six years. Nick Backhouse replaces Simon Kossoff, who stepped down as chairman in August 2019 after four ...

  • mcdonalds chips
    News

    McDonald’s proposes price cuts

    2020-07-15T07:10:00Z

    McDonald’s plans to cut prices following the reduction in VAT on eating out. It has recommended that franchisees cut prices on Big Macs, Quarter Pounders and Chicken McNuggets, and knocking 40p off combo meal deals and 30p off Happy Meals. It has also suggested a 50p reduction on breakfast meal deals and 30p off McMuffins.

  • GettyImages-1205917062
    News

    Face masks won’t be compulsory in restaurants and pubs

    2020-07-14T15:28:00Z

    Face masks will not be made compulsory in restaurants and pubs, environment secretary George Eustice has said.

  • moneybanknotes_42423
    News

    Consumer spending shows signs of recovery

    2020-07-14T07:46:00Z

    Consumer spending fell 14.5% year-on-year in June, the smallest decline since lockdown began, according to the latest Barclaycard report.

  • GettyImages-1136363736
    News

    UK Hospitality CEO Kate Nicholls: Eat Out to Help Out first step to returning consumer confidence

    2020-07-14T07:46:00Z

    The Eat Out to Help Out voucher scheme is a positive first step, but the government’s efforts in encouraging consumer confidence can’t stop there, Kate Nicholls has said.

  • shake shack
    News

    Shake Shack launches click and collect

    2020-07-14T07:44:00Z

    Shake Shack has launched a new click and collect service from a number of its London sites.

  • brewhouse kris (2)
    News

    Brewhouse & Kitchen sees positive return to trading

    2020-07-14T07:42:00Z

    Brewhouse & Kitchen has reported a 2.9% like-for-like sales growth in its first week of post-lockdown trading.

  • GettyImages-504011354
    News

    Government reveals new details of points-based immigration system

    2020-07-14T07:39:00Z

    Employers should focus on improving the skills of their workforce rather than relying on immigrant labour, Home Office minister Kevin Foster has said. Set to come into force in January 2021, the new system is intended to end free movement with the EU, meaning EU migrants will be treated the same as those from the rest of the world.

  • Wireless Social - image
    News

    Hospitality brands keen to comply with track and trace

    2020-07-14T07:35:00Z

    More than 70 brands have signed up to a track and trace product developed by Wireless Social and Purple AI to comply with the government’s request.

  • greene king
    News

    Greene King appoints chief marketing officer

    2020-07-14T07:32:00Z

    Greene King has appointed Maria Sebastian to the new role of chief marketing officer.

  • EOTHO
    News

    Eat Out to Help Out registration goes live

    2020-07-13T10:36:00Z

    Operators looking to benefit from the government’s Eat Out to Help Out initiative can sign up from today (13 July).The registration page went live this morning on gov.uk, and eligible restaurant’s, café’s and pubs have been urged to join the scheme ahead of its launch in August.

  • itsu
    News

    Itsu explores restructure

    2020-07-13T07:57:00Z

    Itsu has become the latest high street name to appoint advisors to explore a potential restructure.

  • Cafe Rouge exterior
    News

    Epiris frontrunner to buy CDG

    2020-07-13T07:24:00Z

    The former backer of TGI Friday’s is in advanced talks to buy Casual Dining Group, Sky News reports.

  • Ted Schama 1
    News

    Ted Schama: Help hospitality feed the economy

    2020-07-13T07:23:00Z

    Having seen numerous cycles, although they have not been easy, I have been comforted by the knowledge F&B is always the last to fall and the first to recover.

  • Drinking pints
    Analysis & Insight

    Pub-goers opt for beer on reopening weekend

    2020-07-10T14:04:00Z

    Consumers returning to pubs and bars last weekend opted for beer over other alcohol options, CGA’s Drinks Recovery Tracker has revealed.

  • GettyImages-1215002204
    News

    Welsh indoor hospitality to reopen 3 August

    2020-07-10T14:02:00Z

    Welsh hospitality will be permitted to reopen indoor spaces from 3 August, first minister Mark Drakeford has announced.