All MCA Insight articles in July 2023 – Page 11
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NewsKnoops appoints CEO
William Gordon-Harris, who has served as executive chairman since 2019, will drive expansion at the speciality chocolate drink brand
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NewsGreene King MD heads to Everards
Andy Wilson, MD of destination brands, will be replaced by Jodie Tate, who is set to join from Asda
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NewsBrewDog plans to triple estate
The brewer and bar operator aims to grow to more than 300 bars globally, with an eye on international markets including India, Italy, the Netherlands, and Thailand
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NewsFurther industrial action announced
Aslef has announced another week of summer industrial action, through an overtime ban from 31 July to 5 August
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NewsSSP completes banking refinance
The new financing consists of a £300m four-year term loan and a currently undrawn £300m revolving credit facility provided by a syndicate of banks
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NewsPret reports return to profitability
The food to go chain reported half year sales were up 20.2% to £429.9m compared to 2022, as it moved back in the black for the first time since 2018
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NewsCraft Union delivers ‘standout performance’
Stonegate said it delivered a “highly respectable performance” during the 28 weeks to 9 April, with group revenue up 9.3% to £904m
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NewsMcDonald’s toxic culture of harassment and bullying
More than 100 current and recent staff at UK outlets of the chain allege a culture of sexual assault, harassment, racism and bullying, according to a damning BBC investigation
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NewsWingstop pitched at fans of boxing and Love Island
The chain is “leveraging youth culture,” including music, sport, influencers, and TikTok, to create an image of a “Gen Z-esque aspirational lifestyle,” according to director Tom Grogan
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NewsStonegate and City Pub Group join BBPA
The British Beer and Pub Association, whose members collectively represent over 20,000 UK pubs, has welcomed 13 new members this year
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NewsTurtle Bay announces 'record year'
The Caribbean restaurant group reported record sales of £90.1m for the year ended April 2023, along with like-for-like growth of 32.6% vs 2019
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InterviewsBeds & Bars: ‘The UK isn’t an attractive place to invest’
The bars and hostel operator is investing £2m on its existing estate, while focusing its attention on expanding in mainland Europe
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Analysis & InsightPost-work drinks lose popularity
A quarter of workers have said drinks after work were non-inclusive, with 62% saying they would prefer a foodie evening, according to research by event planners Togather
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InterviewsDavid Page: ‘We’re cheaper than Pret a Manger’
Amid the collapse of high street chains, the Fulham Shore executive chairman said Franco Manca has prospered by streamlining its menu and ensuring value for money
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NewsTortilla announces progress on expansion
In a H1 2023 update, the Mexican concept announced record performances at its franchised sites with SSP, with further sites in the pipeline
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InterviewsToridoll: ‘We fell in love with Franco Manca’
Speaking at a media event in London, Toridoll president and CEO Takaya Awata said he sees global scope to expand the Franco Manca brand, which made for an attractive acquisition due to strong synergies with the Japanese food conglomerate’s diverse portfolio
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NewsUber lifts bonnet on £3.4bn UK revenue
Uber Eats contributed £700m to group revenue in the UK last year, taking market share from other delivery apps, The Times reports
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NewsBritain plots hospitality ‘boot camps’ to tackle labour shortages
The ‘boot camps’ for the unemployed aim to fill over 100,000 vacancies in UK’s pubs and restaurants, The Telegraph reports
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Analysis & InsightHS2 threatens one of UK’s best Indian food streets
Drummond Street, a south Asian hub, is under threat from HS2 works at London’s Euston station, but moves are afoot to revive the area, The Guardian reports
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Analysis & Insight‘It feels sinless’: Why Britain’s ice-cream business is booming
The Guardian explores why it’s no surprise that ice-cream parlours are coming in from the cold