All MCA Insight articles in July 2022 – Page 7
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News
Costa’s CEO re-joins McDonald’s in exec team
Jill McDonald is to step down at the end of the month and return to McDonald’s seven years after she last worked for the US fast food chain.
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Analysis & Insight
Inflationary pressures highlight economic disparity
The state of the economy has widened the gap between income groups, with lower-income consumers increasingly reducing discretionary spend, according to EY
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News
Work-life balance increasingly important in hospitality
The sector needs to focus on both careers and lifestyle, and offer better benefits, said leading operators at MCA’s Pub Conference
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News
SSP buoyed by travel sector recovery
The food and beverage concessions operator reported steady recovery, with revenue running at 87% of 2019 levels overall and UK revenue at 82%
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Analysis & Insight
Eating out spend up on last year, but down on 2020
The removal of lockdown restrictions saw spend across pubs, bars and restaurants boom between 2021 and 2022, new data from Cardlytics has found
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Analysis & Insight
Wetherspoon’s model could impede recovery
Combined with rising costs, its value-led proposition could hamper recovery, analysts said following the operator’s trading update
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Interviews
Loungers: ‘The pipeline has never been stronger’
The Lounge and Cosy Club operator is confident it can achieve its larger roll-out target, and is opening sites better than ever, chief executive Nick Collins told MCA
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Interviews
JDW: ‘We’re in as good a position as we’ve ever been’
Despite a slow recovery, the company is confident trade will bounce back, chairman Tim Martin told MCA
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Analysis & Insight
Staffing shortages causing 16% revenue loss
Restricted trading hours due to staffing struggles, along with rising costs, are resulting in significant loss of revenue, according to UKHospitality and CGA
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News
Loungers appoints chief people officer
Guy Youll will join the business in the autumn and lead the people side of the business, building on “the important work we have done this year”
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News
GDP up by 0.5% in May
Defying expectations of stagnation, the economy is now estimated to be 1.7% above pre-pandemic levels, according to the Office for National Statistics
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News
Ascona targeting 30 Greggs sites
The forecourt operator has opened its first Greggs site at Crossways Service Station in Pembroke in North Wales, with planning permission submitted for a second at Holywell
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News
Wetherspoon: ‘recovery more laborious than anticipated’
Despite an improvement in sales since the last quarter, the company announced it is yet to return to pre-pandemic trading levels
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News
Loungers reports record full year sales
The group achieved revenues of £237m for the 52 weeks to 17 April 2022 and has increased its openings target from 25 to 30 sites per year
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News
BrewDog introduces transparency dashboard
The initiative aims towards increasing transparency and improving work culture following allegations against the craft beer powerhouse
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News
In pictures: ASK Italian's new community concept restaurant
Learnings from the revamped restaurant in Horsham will be rolled out to other ASK Italian sites in the coming year.
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Interviews
Big Fang Collective: ‘We want to expand across the UK’
The Imbiba-backed experiential group is looking to regenerate local areas with its multi-site crazy golf themed venues
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News
Tomorrow’s newsletter
Unfortunately, due to an essential upgrade of our digital platform, we are unable to send out a newsletter tomorrow morning (Thursday 14 July)
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Analysis & Insight
Fuller’s: ‘We had to completely restructure’
Fuller’s had just completed the separation of its beer business after to selling to Asahi when the pandemic rocked the central London-exposed pub operator. CEO Simon Emeny revisits the period
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Analysis & Insight
Restaurant spending sees year-on-year decline
Restaurant spend was down 3.3% in June compared to the same period in 2021, but saw a small month-on-month uplift, according to Barclaycard