All MCA Insight articles in July 2024 – Page 4
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InterviewsWingstop’s Chris Sherriff on giving people a reason to come back
In his first interview since taking on the role of co-CEO, Sherriff speaks to MCA about delivering a 60% like-for-like uplift, driving repeat business, and working towards the 200-site mark
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NewsHeineken UK partners with Net Zero Now
The pub and brewing business will become an industry partner of The Net Zero Pubs and Bars Initiative, supporting climate action across the hospitality industry
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NewsSwingers launches new carnival experience
Inspired by the grandeur of the Belle Époque period, Swingers Carnival promises a lively atmosphere of vintage décor, sparkling lights, and carnival games
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Analysis & InsightRestaurants become best-performing channel in June
While the Euros brought sports fans into pubs for match days, the damp weather kept people away from beer gardens and terraces
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InterviewsHeavenly Desserts taps into growing demand for brunch
The dessert brand’s latest menu launch enters a new daypart, offering South-Asian twists and a range of health-conscious options
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NewsMarston’s disposal of Carlsberg JV a ‘transformational transaction’
In a trading update, CEO Justin Platt said selling its 40% stake in Carlsberg Marston’s Brewing Company marks a pivotal step to become a focused, pure-play pub company
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InterviewsJW Lees: ‘Our brands are well positioned’
The brewer and pub operator is well placed to take advantage as confidence returns to the marketplace, MD William Lees-Jones tells MCA
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NewsTortilla revenues drop in H1 amid new strategic vision
The fast-casual Mexican group says it has seen “early signs of progress” against a newly outlined strategy to improve UK profitability and invest in brand growth
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NewsHospitality to play ‘critical role’ in reducing economic inactivity
UKHospitality has backed government’s plans to reform the employment support system, and get Britain working again
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OpinionValue doesn’t look just one way
Bringing in diversity doesn’t mean pubs will change beyond recognition. Pubs will remain the cornerstone of our communities, as our communities become more inclusive too, ETM Group’s Rachel Masing writes for MCA
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NewsKrispy Kreme sells majority stake in Insomnia Cookies
Verlinvest and Minstral Equity Partners have taken majority ownership as the dessert concept looks to continue expanding in the UK
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NewsIn pictures: Costa unveils refreshed New Oxford Street store
The new design, which has also been rolled out at the brand’s Tooley Street site, offers touch screen ordering and a dedicated collection point to speed up service
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NewsSector questions PCA ability to enforce code
Attendees at the annual Tied Tenants Survey event questioned why some tenants fall within and others outside the Pubs Code Adjudicator’s remit
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NewsSkills England a ‘positive step’ for sector
The new body aims to bring together the fractured skills landscape, and create a shared national ambition to boost the nation’s workforce
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Analysis & InsightThe rise and fall of Pret’s coffee subscription
From students to bankers, Pret loyalists to more fickle coffee drinkers, Pret’s innovative original coffee subscription offered real value for money. Now the end of the five drinks a day deal marks a significant downgrade to the offer
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NewsJillian MacLean awarded the Freedom of the City of London
The CEO and founder of bar and restaurant group Drake & Morgan was awarded the honour for her leadership and innovation within the the hospitality industry.
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NewsFuller’s sees inflation easing and margins recovering
The premium pub company has reported continuing trading momentum with strong like for like sales growth of 5.3% for the first 16 weeks of the financial year
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NewsHow Taco Bell’s biggest UK franchise collapsed into administration
T Bello Group, which was sold to Karali Group in a pre-pack for £3.5m saving 46 Taco Bell restaurants, suffered “severe liquidity challenges” after a rapid debt-fuelled expansion
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InterviewsHeavenly Desserts: ‘London is a real opportunity’
Co-founder and managing director Yousif Aslam tells MCA the dessert business is on track to reach the 100-site mark globally in the next eighteen months
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Analysis & InsightFinancial distress rises among hospitality businesses
Financial distress rose particularly rapidly in the hotels and accommodation sector (+20.1%) and bars and restaurants (+12.2%) in Q2