All MCA Insight articles in July 2023 – Page 7
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NewsDiageo sees strong runway of growth
The drinks group said net sales growth was driven by its portfolio of strong brands, diversified footprint, and premiumisation
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NewsGreggs keeps up strong momentum
The bakery brand reported first half revenues up 21.5% to £844m and company like-for-like sales up 16% as it seeks to become a “significantly larger, multi-channel business”
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NewsDomino’s defies challenging market
The pizza group increased group revenue by 19.6% to £766m in the first half, driven by increased sales volumes, new store openings and the pass-through of food costs
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NewsTortilla ‘quietly confident’ about European expansion
The Mexican-inspired fast casual brand is keen to continue expansion in Ireland, despite some “logistical challenges”, according to City AM.
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OpinionFreeing London’s nightlife
Nick Weir, joint managing partner at Shelley Sandzer, argues the capital needs a breath of fresh air and new ideas to rediscover its groove post-Covid
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NewsFood prices in hospitality surge
The CGA Prestige Foodservice Price Index shows that during June, month-on-month food inflation in hospitality was more than five times higher than in supermarkets.
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NewsJoycelyn Neve joins tech start-up as COO
The Seafood Pub Company founder will remain a director at the Oakman Group owned pub collection
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NewsCosta drives growth at Coca-Cola
The coffee chain’s UK performance helped drive 10% second quarter growth in its parent company’s Global Ventures division
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NewsBrewDog ships record beer volumes
Second quarter sales grew 11% at the Scottish craft brewer, beating a wider decline in the overall UK beer market
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NewsCall for The Old Bulldog pub to change name branded ‘overreach’
A pub landlord has accused animal rights activists of ‘overreach’ after Peta called on him to rename his pub, The Old Bulldog
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NewsUK wine and spirit producers braced for new post-Brexit alcohol duty
Suppliers and makers warn the system beginning on August 1 will hit sales of stronger drinks or trigger ‘drinkflation’
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NewsGovernment accused of preventing settlement amid further rail disruption
RMT members went on strike yesterday, as train drivers from the Aslef union are also due to stop overtime next month
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NewsKnoops taps French aristocrat for £6m loan in bid to become the ‘new Starbucks’
The hot chocolate chain is eyeing 200 UK stores after sealing a debt financing arrangement led by Eléonore de Lubersac
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ArticleAUGUST 2023
MCA’s August edition features in-depth analysis and commentary on the eating and drinking out sector. This month, we explore the implications of Asda’s £2.3bn acquisition of EG Group’s UK arm and speak to Wagamama founder Alan Yau about his next venture and the future of the restaurant industry. The edition includes an interview with MCA’s Retailers’ Retailer Award winner Caravan Restaurants, plus additional coverage from our annual Pub conference last month. We also speak to Subway UK about introducing kiosks, Azzurri Group about bringing Boojum to the UK, and Hickory’s Smokehouse following the Greene King acquisition last year. Industry commentators Peter Martin, Dominic Walsh, and David Read share their views on sector issues, including customer service, the long-running rail disputes, and why inflation continues to rise for hospitality as it falls in supermarkets.
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InterviewsSwingers sees ‘clear roadmap’ in US
The crazy golf concept will continue to prioritise the US for expansion as it aims to reach a 15-strong global estate by 2026, co-CEO Matt Grech-Smith tells MCA
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NewsMcDonald’s: UK close to worst consumer climate in Europe
The fast food giant is trialling a small-format concept called CosMc’s and remains “overall pleased” with the performance of its European markets, says CEO Chris Kempczinski
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InterviewsGreggs to open cafés in Sainsbury’s supermarkets
Greggs is to open standalone cafés in Sainsbury’s stores for the first time as it ramps up its store rollout, property director Tony Rowson tells The Grocer
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NewsEating and drinking out flatlines
The market has remained stagnant year-on-year, as consumers continue to be cautious of their spending, according to the latest Eating and Drinking Out Panel from Lumina Intelligence
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring I am Döner, The Inn Collection Group and BrewDog
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NewsFour Hundred Rabbits: ‘Our growth plans are still in neighbourhoods ’
Co-founder Duncan Edwards tells MCA the South London sourdough pizza concept is considering developing a standalone gelato brand