All MCA Insight articles in June 2023 – Page 10
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Analysis & InsightMarston’s comes out on top in PCA survey
The Pubs Code Adjudicator survey of 1,206 tenants saw Marston’s come out as the top performing pubco in terms of its relationships with tenants
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Analysis & InsightNearly half of consumers prioritise affordability
The EY UK Future Consumer Index found that affordability is at the top of consumers’ minds, with 43% saying it is a key decision when making a purchase
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Analysis & InsightDemand stays strong in face of spending squeeze
Two in five consumers went out to eat or drink on at least a weekly basis in April 2023 – a figure unchanged from the prior month, CGA’s latest Cost of Living Pulse survey has found.
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NewsChopstix opens first airport site
The Asian QSR concept has opened at London Luton Airport, marking a strategic step in its expansion plans to strengthen its position in travel hubs
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NewsPapa John’s takes 91 UK sites in-house
Establishing a corporate-owned restaurant portfolio is part of a strategy by the pizza group to reposition its UK portfolio and drive “above average” growth in the market
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NewsDomino’s completes sale of German associate
The pizza group received proceeds of £79.9m, which will be flowed through its capital allocation framework
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NewsYard Sale Pizza explores options
The brand has appointed Will Baxter and Payam Keyghobadi of Dow Schofield Watts, who advised the transactions of Banana Tree, Rosa’s Thai, Mowgli and Giggling Squid
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InterviewsHarts Group: ‘You don’t mess with something that works’
CEO Sam Hart speaks to MCA about nurturing Barrafina, Parrillan, and El Pastor, dipping into the pub sector, and where the group might go next
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Analysis & InsightPubs & bars see welcome boost from long weekends
The category was up 6.4% year-on-year in May 2023, while restaurants were down 5.3%, according to Barclaycard
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NewsChicken Cottage announces expansion drive
The 51-strong Halal fried chicken brand plans to open 20 new stores over the next two years
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NewsAndrew Walker joins Zambrero
The former Eat CEO has joined the Metric Capital Partners-backed burrito brand as an advisor
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Analysis & InsightAn affordable luxury: Why dessert remains resilient
MCA examines the current position and future prospects of dessert parlours and specialist ice creams shops, the continuing expansion of its market leaders, and the growing popularity of once niche flavours and concepts
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NewsDiageo appoints Debra Crew as interim CEO
Crew has taken the interim position ahead of her scheduled appointment to the role on 1 July, with Sir Ivan Menezes currently in the hospital
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NewsHostmore appoints non-exec
The TGI Fridays operator has announced the appointment of Helena Feltham as an independent non-executive director
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NewsMelissa Wisdom appointed to Stonegate board
Stonegate Group has promoted sales and marketing director Melissa Wisdom to chief commercial officer, replacing Suzanne Baker
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InterviewsSysco GB CEO Peter Jackson: ‘I don’t normally do interviews’
Sysco is a foodservice colossus and yet, much like its CEO in the UK, prefers to keep a low profile. In a rare interview with The Grocer, Peter Jackson opens up about the company’s plans
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NewsSunak under fire as Covid inquiry probes ‘stupid’ Eat Out to Help Out scheme
The government said the scheme had a positive effect on the economy and jobs, and denied there was evidence it spread the virus
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NewsBillionaire Issa brothers use Asda’s assets to fund petrol station takeover
The brothers are using the supermarket chain’s assets to slash the debts in their forecourts business, The Sunday Times reports
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Analysis & InsightHow London became an anti-car, anti-tourist ‘ghost city’
Shopping, eating and travelling is much more expensive than in rival capitals, The Telegraph reports
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News‘The billionaires have won’: English pubs forced to close after owners demand full rent for lockdown
Publicans face bankruptcy and homelessness after losing their fight with Tory donors against Covid rent back-payments, The Observer reports