All MCA Insight articles in June 2024 – Page 10
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News
Popeyes integrates AI tech into drive-thrus
The fried chicken brand has become the first QSR concept in the UK to implement a voice AI solution into drive-thru ordering
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Events
Heartwood Collection’s Richard Ferrier joins Pub Conference line-up
With £100m of new funding from Alchemy Partners, and fresh from being promoted to CEO, Ferrier will share his plans to reach 60 sites by 2027
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Analysis & Insight
Rise in drink-only occasions boosts coffee shops
Eased cost of living pressures and a return to habitual routines has driven more consumers to purchase drinks while out and about, according to Lumina Intelligence
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News
Clampdown on zero-hours contracts could have ‘damaging’ consequences
Ahead of the July general election, hospitality bosses have warned that the clampdown could harm investment and scare off workers
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News
Kokoro pauses expansion plans
The Korean-Japanese concept, which operates c60 sites across the UK, has transitioned away from “pursuing aggressive growth” amid cost pressures
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News
Pret shelves plans to open in Israel
The chain had planned to open 40 stores by 2033 as part of a 10-year franchise deal, but has activated the force majeure clause in its deal with Tel Aviv-based Fox Group
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Analysis & Insight
P.F. Chang’s offers new twists to familiar favourites
As the Arizona-based brand relaunches its Leicester Square restaurant and looks to expand across the UK, MCA explores the points of differentiation in its offer
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Interviews
The future of branded bars at the Pub Conference
As the high street weathers turbulence, leaders from Loungers, Piper, OakNorth Bank and UK Hospitality will discuss how businesses are adapting to meet challenges and the outlook for investment across Britain’s towns and cities
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Interviews
Chicken Shop: ‘We’re going at a rate of knots’
Having undergone a significant rebrand, the business has seen cumulative like-for-like sales growth of 60% this year and will open its first site outside of London next year, CEO John Nelson tells MCA
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Analysis & Insight
Consumers rein in on takeaways and fast food
Many are reducing their discretionary spending, citing ordering takeaways as their number one cutback, while over half of consumers are also reducing how often they eat out at restaurants
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Events
Evolution and pub partnerships with Punch, Admiral Taverns and Shepherd Neame
Three of the leading leased & tenanted operators join MCA’s Pub Conference to explore how businesses are staying ahead of consumer trends and maintaining value for money in a sensitive economic climate
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News
Arc Inspirations lines up two new sites
The bar operator will launch BOX Sheffield and Manahatta Nottingham this autumn, part of a plan to operate 50 sites by 2030
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News
Hostmore year-to-date LFL down 10%
The TGI Fridays operator is negotiating a finance package for its reverse takeover of its US parent company, which is on track to complete before the end of Q3 2024
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Interviews
Notto sets sights on becoming a high street brand
Co-founder Julian Dyer tells MCA the pasta bar concept is built for scale as it looks towards opening a third site in South Kensington, and further expansion in central London
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News
Cooks Coffee targets 300 stores
The 75-strong coffee shop operator behind Esquires hopes to reach the target within the next ten years, with nearly 28 planned this financial year
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Interviews
Liberation Group: ‘Our growth is hard-earned’
CEO Jonathan Lawson speaks to MCA about double-digit growth in accommodation, prioritising quality over scale, and giving customers a reason to keep coming back, as the pub operator and brewer reports group revenues up 20%
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News
Three of Glasgow’s most popular restaurants sold to hospitality giant
The DRG, owner of Di Maggio’s, Café Andaluz and Amarone chains, has bought Glasgow’s two Paesano Pizza restaurants as well as Sugo Pasta
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News
Beverage sector serves up cheap drinks for all
Despite current wobbles, selling drinks remains a good business, the Financial Times reports
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News
Soho House rejects takeover bid that would have seen it leave New York stock market
The celebrity haunt said the bid ‘did not adequately reflect the value of the company’, This is Money reports