All MCA Insight articles in June 2022 – Page 4
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Analysis & InsightShaftesbury Capital: ‘The world is their oyster’
MCA examines the Shaftesbury and Capco merger and its implications for tenants, consumers, and London’s West End
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NewsV Honest reverts back to meaty Honest
The brand’s vegan spin-off in Leicester Square will go back to its core concept in July, just six months after launching
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NewsAdmiral sells pub package
The seven-strong disposal to FB Taverns is part of requirements from the CMA following the pub company’s acquisition of Hawthorn
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NewsStar Pubs & Bars announces energy deal to aid licensees
The scheme will bulk buy energy for licensees when the market is at its lowest, helping them navigating rising energy costs
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NewsCosta franchisee acquires 17 sites
Altrincham-based Sim Trava, which now has 57 Costa sites, made the additions to its portfolio with the support of a £7m funding package from HSBC
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NewsVarious Eateries reports ‘resilient trading’
The Coppa Club operator reported half year group revenue of £17.8m, with a loss after tax of £2.6m
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NewsScottish bar group enters liquidation
Macmerry300, which had been accused of “systematic mistreatment” of staff, has ceased trading with 11 venues closed
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NewsBlack Sheep Coffee to open 68 sites within 10 months
The specialty coffee concept will also expand to drive-thru formats, co-founder Gabriel Shohet told MCA
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InterviewsEataly: ‘We’re innovative even if we’re traditional’
As the brand celebrates its first year in the UK, the team behind Eataly speaks to MCA about winning Best New Opening at our Retailers’ Retailer Awards this year
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Analysis & InsightRail strikes: ‘What happened to we’re all in this together?’
As city centre-based operators endure a trading climate similar to lockdown, MCA hears from D&D London, Stonegate, McMullen, Ole & Steen, Tortilla, Vagabond and Red Engine about the impact so far
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InterviewsHop Vietnamese: ‘We know it’s a scalable concept’
Following a capital raise and the appointment of new MD in Richard Franks, Hop founder Paul Hopper has the confidence to look “everywhere” for sites, he tells MCA.
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OpinionPeter Martin: This is not ‘wokery’ – just good business sense
If hospitality is ever going to solve its people problem, it needs to stop paying lip service to diversity, writes Peter Martin, contributing editor at MCA
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Analysis & InsightLondon restaurants exceed safe noise levels
More than half of restaurants in the capital were deemed to be too noisy to hold a conversation, according to a new survey by SoundPrint, while many exceeded the safe level for hearing
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NewsInflation hits 9.1% in May
The consumer price index rose to a fresh 40-year high of 9.1%, largely driven by food price rises, according to the Office for National Statistics
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NewsPret sees boost from office workers
Sales in the City and Canary Wharf were at 88% of pre-Covid levels in the week to 16 June – up 14ppts from the previous week, according to the latest Bloomberg Pret Index
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NewsRichard Franks named Hop MD
He will lead the business, alongside founder Paul Hopper, as it looks to open 20 sites across the capital over the next five years, following a £2.25m capital raise
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NewsStrikes will push businesses ‘closer to the edge’
Struggling town and city centre venues will be unable to withstand a further drop in revenue, UKHospitality CEO Kate Nicholls said
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NewsTasty appoints Harald Samúelsson as exec director
Formerly an independent non-exec director, Samúelsson takes up his new role with immediate effect, with Wendy Dixon appointed as a new independent non-exec director
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NewsMarugame Udon recruits franchising specialist
The udon and tempura brand has appointed Judd Williams to the newly created role of head of franchise for UK & Europe
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