All MCA Insight articles in July 2022 – Page 10
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News
Greggs launches first Eco-Shop
The new format in Northampton will serve as a test bed to trial sustainability solutions and initiatives
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News
McDonald’s warns customers about product shortages
Posters have been put up in the windows of a number of its UK restaurants stating that some ingredients may be temporarily unavailable due to issues with its supply chain
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News
Brasserie Bar Co names new ops directors
Brasserie Bar Co has promoted both Tom Palfreeman and Sam Wood from his roles as regional directors at the pub and restaurant group
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News
R&D spend in hospitality falls by 21%
Spend on innovation in the hospitality sector fell by more than fifth in Q1 2022, illustrating the cost pressures on the sector, according to funding specialist Catax
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Opinion
Harrison: Rethinking restaurants for tomorrow’s customers
As purse strings tighten, hospitality businesses need to stand out and remain relevant to take advantage of new growth opportunities, Richard Samarasinghe, head of strategy at design agency Harrison, writes
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News
UKHospitality: lack of support will lead to further pub closures
The trade body called on the government to help the industry following research showing 7,000 pubs have closed over the past decade
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News
Night-time operators ‘barely breaking even’
An NTIA survey found 44.7% are unsure if their business will survive the next 12 months
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News
Pret calls for resolution to end strike action
The sandwich and coffee operator reported sales had fallen sharply during RMT strikes in June
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News
RedCat expands Coaching Inn estate
The investment vehicle acquired the Forest Park Country Hotel and Inn, the eleventh acquisition by the Coaching Inn Group under RedCat ownership
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News
Oakman trading up 11% in June
However as a result of challenges with staffing and restricted trading, the pub group estimates it has lost around a further 2-3% of growth
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News
BrewDog: ‘We pushed people too far’
In a podcast interview, CEO James Watt admitted the craft beer giant had “missed the mark from a people perspective” and outlined initiatives to improve work culture
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News
Young’s reports excellent trading as Dardis steps down
The premium managed pub company reported trading was up 34.9% on a like-for-like basis in the first 13 weeks of the year
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News
Dirty Bones partners with Hero Brands
The partnership will see the NYC-inspired food and cocktail concept using Hero Brands’ franchising expertise and network to accelerate its growth in the UK
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Interviews
Anglian Country Inns: ‘UK tourism is a hot market’
The continuing popularity of holidays in the UK means the property market is “pretty dry for decent freehold pubs”, managing James Nye tells MCA
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News
Gusto Italian reports ‘resilient results’
The premium casual dining group reported a resilient performance in the year to September 2021, with a turnover of £12.3m
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News
Government ads to warn of needle spiking
Students beginning university in September are to be targeted with government ads warning them about the risk of being spiked with needles in nightclubs.
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Analysis & Insight
Pub numbers dropped 7,000 in a decade
The total number of pubs in England and Wales now stands at less than 40,000, according to research from Altus Group
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News
Pret reports H1 revenue up 230% on 2021
The food to go brand said regional sales had outstripped growth in the capital on a like-for-like and total revenue basis, with the group returning to profit in March
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News
Stonegate places 75 pubs on the market
The package of former Ei Group freehold pubs has been valued at up to £100m, with the sites located across England and Wales
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News
TRG appoints former Costa and Waitrose FD as non-exec
Loraine Woodhouse joins The Restaurant Group as a non-executive director, effective today.