All MCA Insight articles in July 2022 – Page 6
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News
Deliveroo feels impact of consumer cost pressures
The delivery company has updated its guidance, and downgraded its forecasts for full-year gross transaction value growth
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News
Tortilla like-for-like sales up 19%
Group revenue increased by 60%, to £26.9m, in the half year to 3 July 2022, compared to 2019 – a 55% increase excluding the impact of its acquisition of Chilango in May this year
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News
Bill forcing restaurants to hand over tips to staff wins MPs’ backing
Employers will no longer be able to withhold tips and will be obliged to share tipping records, The Guardian has reported
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News
We should worry about price of food more than petrol, warns BlackRock founder
The destruction of arable land during the Ukraine war has dangerous global consequences, The FT has reported
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News
A million UK chickens ‘die needlessly each week to keep prices low’
Fast-growing breeds are dying before they reach ‘slaughter age’, new research reveals, The Guardian reports
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News
Ex-McDonald’s boss makes clean start
Steve Easterbrook is said to have backed Clean Kitchen Club, which has drawn up plans to open dozens of outlets in several cities, The Times has reported.
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News
Fever-Tree boss bolsters shares
Tim Warrillow, the chief executive of Fever-Tree, has spent more than £1 million on shares after a stinging profit warning, The Sunday Times has reported
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News
Starbucks explores sale of UK division
Coffee giant seeks potential buyers as challenges mount, The Sunday Times has reported
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Interviews
Five Guys: ‘We are expecting record store openings this year’
CEO John Eckbert spoke to MCA about a year of records in 2021, its strength as an affordable luxury and how it’s zigging when everyone else is zagging.
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Interviews
Yard Sale Pizza gears up for expansion
The neighbourhood pizza concept plans to open another two sites this year, co-founder and MD Johnnie Tate told MCA
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Interviews
Harts Group: ‘The pandemic has created opportunities that didn’t exist before’
The Barrafina and Parillan operator is considering branching out into pubs, as well as outside central London, CEO Sam Hart told MCA
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Interviews
Brasserie Bar Co: ‘We needed an investor with firepower’
The ability for Alchemy to enable faster growth of the business was a key factor in its decision to work with them, executive chairman Mark Derry told MCA’s Pub Conference
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Analysis & Insight
New report calls out high salt content in kids’ meals
Campaign group Action on Salt said one in three children’s meals contained 2g or more of salt and is calling for mandatory reformulaton programmes
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News
Businesses disappointed in lack of government support
Nearly two-thirds of hospitality businesses feel abandoned by the government, according to a recent survey by Peckwater Brands
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News
Sector calls for resolution to end rail strikes
The announcement of further strike action by rail workers nationwide will severely impede sector recovery, according to the Night Time Industries Association
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News
Ghetto Golf to rebrand as Golf Fang
Imbiba-backed The Fang Collective has made the decision to rebrand its Ghetto Golf venues to coincide to the reopening of its refubished Birmingham site
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News
Openings of the week
MCA rounds up this week’s biggest openings and announcements, with new sites from Benugo, Chopstix, Gusto Italian, Island Poké, and more
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News
Crêpeaffaire appoints non-executive chairman
João Noronha Lopes has 20 years’ global senior management experience mainly in the FMCG and hospitality sectors, with significant experience in franchise operations
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Analysis & Insight
Foodservice inflation tops 10% in May
Inflation in the foodservice sector topped 10% for the fourth successive month in May, according to the Foodservice Price Index by CGA and Prestige
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Interviews
Jonathan Neame: ‘There need to be more financial incentives for training’
Operators can’t continue to blame Brexit for hospitality’s struggles with the recruitment – but there are things the government could do to help, the Shepherd Neame CEO told MCA’s Pub Conference