All MCA Insight articles in June 2023 – Page 11
-
InterviewsEggslut amps up expansion
The gourmet egg concept aims to open three locations per year, and is on track to meet its target of a 15-strong estate within the next three years, MD Bruno Pires tells MCA
-
Analysis & InsightBusiness confidence increased during Q1 2023
More than half of hospitality leaders feel optimistic about the prospects for their business over the next 12 months, according to the Business Confidence Survey from CGA and Fourth
-
Analysis & InsightRetail channel driving growth in eating out market
The channel is forecast to grow by 5.3% this year to a value of £20bn as consumers switch to lower-ticket alternatives, Lumina Intelligence highlights in its new UK Eating Out Market Report
-
Analysis & InsightYoung’s has strongest balance sheet in freehold pub sector
Excluding leases, net debt/EBITDA is 1.1x at the pub operator and brewer, according to a note from analyst Peel Hunt
-
NewsLeon to debut in Italy
Leon is to make its Italian debut in Rome this October, as part of a partnership between SSP Group and Italian rail station operator Grandi Stationi
-
NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring new venues from Masala Zone, Roxy Lanes, Wagamama, 200 Degrees, and more
-
Analysis & InsightM&A deals fall to seven-year low
The total value of mergers and acquisitions involving UK companies more than halved in the first five months of this year, to $89bn, according to the London Stock Exchange Group
-
InterviewsKaspa’s Desserts refocuses on central London
The c100-strong dessert chain is looking to build its presence in central London, and is on track to meet its target of 10-15 openings this year, MD Francesco Arcadio tells MCA
-
NewsBrewDog: Train strikes are devastating for business
Bars CEO James Brown said sales were down as by as much as 76% at its central London and travel hub adjacent locations
-
InterviewsThe Alchemist: ‘We have plenty of runway to grow’
Buoyed by the performance of its London venues and the success of its new Berlin site, chief executive Simon Potts tells MCA there is significant scope to expland in the UK and internationally.
-
![Sky Garden Rhubarb[86]](https://d36hgjhwuw81py.cloudfront.net/Pictures/100x67/3/2/5/295325_skygardenrhubarb86_224731.jpg)
NewsRhubarb acquired by Oak View Group
The deal for the high-end restaurant, bar and catering company is aimed at transforming the F&B at Oak View’s arenas, stadiums, and live entertainment venues in the UK and around the world
-
NewsBook your tickets to MCA’s Pub Conference
Headline speakers include JD Wetherspoon’s chairman Tim Martin, Sarah Willingham, CEO, Nightcap and Stonegate chairman and founder Ian Payne
-
ArticleJUNE 2023
MCA’s June edition features in-depth analysis and commentary on the eating and drinking out sector, including deep dives into the slow decline of Prezzo, Hostmore’s new strategy for TGI Fridays and the performance and potential for Barburrito in the fast-casual Mexican market. There are interviews with MCA’s Retailers’ Retailer of the Year Jane O’Riordan, and winners of Best Pub/Bar Company, Inception Group, plus David McDowall gives his first big interview to MCA following his appointment as CEO of Stonegate Group earlier this year. This month’s edition also features a special feature on the progress that is still to be made on diversity and inclusion in hospitality, and the MCA’s regular industry commentators, Peter Martin, Dominic Walsh and David Read give their spin on sector issues. To view the June edition, click here.
-
Analysis & InsightOmnichannel patterns necessitate ‘unique offline experiences’
Venues can do more to adapt to omnichannel trends and changing consumer patterns, according to research from CACI and p-Three
-
Analysis & InsightMay Bank Holiday beats Jubilee weekend
Pubs sold 52.8m pints during the May Bank Holiday weekend, up +10.4% versus the 2022 Jubilee weekend
-
NewsPret opens in Italy
Pret a Manger has debuted in Italy in Milan’s Malpensa Airport, as the first of 40 openings planned across the country
-
NewsChef shortages need urgent attention, says UKHospitality
The trade body has urged the Migration Advisory Committee to add chefs to its shortage occupation list due to vacancies of up to 21%
-
NewsPizza Union looks to expand
The Bobby Hashemi-led Roman pizza bar is negotiating on new sites in central London, with sales up 43% year-on-year
-
NewsKokoro sees profits down
The c70-strong Korean-Japanese QSR concept has cut back on its openings programme amid inflationary pressures but continues to expand, albeit at a slower rate