All MCA Insight articles in June 2023 – Page 2
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News
Nisha Katona: We should create a workplace worthy of our loved ones
Writing in The Times, the founder and CEO of Mowgli Street Food says that a content work force is key to building success and productivity
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Analysis & Insight
Cracking down on carbon claims
From greenwashing to greenhushing, could increased scrutiny of carbon claims halt progress on sustainability in the sector and how can businesses avoid falling foul of the rules? MCA explores the issue
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News
Nightcap grants share options to employees
The late night operator has granted a total of 1,160,000 share options to a number of its employees
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News
Former Gino D’Acampo restaurant group probed by liquidators
Azets is investigating the sale of the business, which has debts of £5.3m, as well as the whereabouts of the company books and records, and the conduct of directors leading to the liquidation of the company
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News
I am Döner to expand South
I am Döner will open a flagship central London store and its biggest venue yet later this year, founder Paul Baron tells MCA
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News
Greene King launches new gender identity policy
The policy follows research conducted by the pub group, which revealed less than a third of Brits feel their workplace adequately supports the LGBTQ+ community
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Article
JULY 2023
MCA’s July edition features in-depth analysis and commentary on the eating and drinking out sector. This month we explore whether confidence in the market is prompting a return to M&A activity, the challenges The Restaurant Group faces from activist investors and how it might turnaround its share price and the buoyant growth of the UK dessert café sector. There are interviews with MCA’s Retailers’ Retailer Award winners McDonald’s, Itsu and Imbiba and coverage of MCA’s annual Pub Conference earlier this month – with further coverage to appear in our August edition. Regular industry commentators, Peter Martin, Dominic Walsh and David Read share their views on topics effecting the sector including sustainability, the need for a VAT cut and business buzzwords, while Lumina Intelligence unpicks examples of innovation in the pub sector.
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News
BrewDog: Stout launch a ‘runaway success’
Bars CEO James Brown said customers were demanding an alternative to Guinness, with stout one of the highest growth categories in the on-trade, MCA’s Pub Conference heard
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News
JKS Restaurants announces Apprenticeship Academy
After a successful launch last year, the scheme will return in 2023, offering aspiring chefs a chance to work across the restaurant group’s portfolio
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News
Heavitree: Fears over trading have not materialised
Feedback from tenants has been that top line trading has held up well during the first half of the financial year with the Exeter-based brewer and pub operator reporting ”satisfactory numbers”
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News
Boost Juice hails strong recovery
Parent company TD4 Brands, which operates 33 sites, grew sales by 82% to reach £13.9m in 2022
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Interviews
Star Pubs & Bars: ‘The great British consumer still loves pubs’
MD Lawson Mountstevens told MCA’s Pub Conference said despite cost challenges, he feels much more optimistic than eight months ago, as consumer demand is coming through strongly on the top line
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Interviews
St Austell: ‘There’s a positive story to tell’
CEO Kevin Georgel speaks to MCA about restoring revenue beyond pre-pandemic levels, the new venture with ETM Group directors, and unleashing the full potential of the business
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News
Wingstop announces five new stores
The fast-casual chain is opening in Islington, Birmingham New Street, Wood Green, Edinburgh and Glasgow putting it on track to reach 40+ location in 2023
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News
Cost of doing business is driving inflation
The government and regulators must intervene in the energy markets if they are serious about halving inflation, UKH has warned
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News
Oakman ‘not convinced’ about running smaller pubs
The group has paused growth of Seafood Pubs to focus on its core Oakman Inns brand, CEO Peter Borg-Neal told MCA’s Pub Conference
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News
Goodyear to step down from Young’s
The non-executive chairman will step down after the pub company’s AGM in July 2024, and will be suceeded by corporate lawyer Steve Cooke, currently of Slaughter and May
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Analysis & Insight
Foodservice price inflation increases again
Food price inflation increased to 21.6% in May, on a year-on-year basis – just below the record high of 22.9% in December 2022, according to the latest CGA Prestige Foodservice Price Index
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News
Hydes to invest £3.6m in landmark opening
The North West brewery and pub operator is to open the The Harry Beswick – its first acquisition in more than five years – later in 2023, following extensive restoration and refurbishment
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Analysis & Insight
‘Me-ganism’ a key food trend for the future
Me-ganism is described as a hyper-personalised diet which is fully bespoke to consumers’ individual nutritional needs, powered by AI technology, acccording to a new report from Deliveroo