All MCA Insight articles in July 2022 – Page 9
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Analysis & Insight
Majority of consumers not planning to cut eating out spend
Nearly two-thirds (59%) of consumers said they planned to spend the same on eating and drinking out, according to the latest survey by customer experience platform Feed It Back
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Interviews
Pho: ‘We will maintain our regional bias’
MD Patrick Marrinan told MCA the strength of its business outside London was a “saving grace” throughout the pandemic, with the regions to be key pillar of its annual target of up to seven new openings
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News
Oakman Group looks to leverage staycation trends
With trading up 11% in June, the company is optimistic about staycations, executive chairman Peter Borg-Neal told MCA
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News
Shaftesbury: Hospitality sales ahead of pre-pandemic
The landlord, which is merging with Capco, said footfall remains good, thanks to domestic visitors, residents and local workers, and growing international tourists
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News
Burger & Sauce looking to reach 25 sites in 2023
The new QSR concept is looking to open another six to eight restaurants this year, before doubling its estate next year, franchise director Anthony Round told MCA.
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News
Openings of the week
MCA rounds up this week’s biggest opening announcements, featuring BrewDog, Barrafina, Myungrang Hot Dog, and more
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News
Oakman considering selling minority stake to private equity
Executive chairman Peter Borg-Neal told MCA’s Pub Conference with the current economic uncertainty in the world, operators needed to be “well capitalised or sell their business”
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News
Wasabi founder: ‘It’s the worst time to do fried chicken’
As he launches Pelicana Korean fried chicken and Myungrang Hot Dog in Angel Central, Dong Hyun Kim tells MCA why he will prioritise rolling out the latter
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Interviews
Brewhouse & Kitchen: ‘People still want something different’
CEO Kris Gumbrell spoke to MCA about premiumising and evolving the offering, as well as leveraging experiences and liquor margins
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Interviews
Admiral Taverns: ‘Funding for acquisitions isn’t an issue’
The community pub group has the support of its should suitable opportunities arise, CEO Chris Jowsey told the Pub Conference
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News
McDonald’s, Costa and Roadchef in recycling scheme
The partnership will co-fund 65 recycling points across 30 Roadchef sites to increase cup recycling on the go
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Analysis & Insight
Women’s football to boost F&B sales by £761m
Hospitality venues and retailers are forecast to enjoy a £1.2bn boost during the EURO 2022 tournament, according to VoucherCodes
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Analysis & Insight
Pub sector to see 55% value growth in 2022
High levels of inflation coupled with unrestricted trading will see pub market return to just under its 2019 value this year, according to Lumina Intelligence
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News
I am Döner signs franchise deal for Northwest
The multi-site deal with Optimum Group will take the brand to Merseyside and the Isle of Man, with first site opening in Liverpool this summer
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News
Liberation accommodation sales quadruple
The Channel Islands and South West pub operator and brewer is capitalising on a rise in staycations, CEO Jonathan Lawson told MCA’s Pub Conference
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News
Absurd Bird enters administration
Five physical restaurants have closed, but the brand will still be available for delivery at its virtual restaurants
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News
NWTC CEO steps down
Jesper Friis is returning to Denmark, with CFO Jim Pickworth, COO Natasha Waterfield and property director Tim McCormac managing the business for the time being
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News
Ten Entertainment sees sales +50%
The bowling and family entertainment centre group achieved a 52.6% increase in total sales for the 26 weeks to 26 June 2022, compared to 2019 figures
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News
Marston’s marketing 50 non-core pubs
Marston’s has placed a package of around 50 non-core pubs on the market which no longer satisfy its pub strategy.
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Analysis & Insight
Services sector boosted by leisure spend
The UK services sector grew for the 16th consecutive quarter in June, boosted by spend on leisure and travel, according to the S&P purchasing managers’ index.