All MCA Insight articles in June 2024 – Page 4
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Weekend PressWhy Britain’s dying pubs threaten to give Labour an almighty hangover
Struggling publicans fear Rachel Reeves’ plan to save the sector may fall short, writes The Telegraph
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NewsStonegate boosts profits in H1
The pub and bar company reported adjusted EBITDA up 7.7% to £196m, driven by its leased & tenanted and Craft Union divisions, while like-for-like sales in its managed estate were flat
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NewsBritvic rebuffs Carlberg £3.1bn takeover bid
The Britvic board and its advisers “carefully considered the proposal”, and concluded that it “significantly undervalues Britvic, and its current and future prospects”
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NewsCaravan attains B Corp certification
The founders credited sustainable coffee sourcing programmes, energy-efficient roasting, and charity partnerships as important factors behind its strong scores
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NewsAdnams secures interest from multiple parties
The Suffolk brewer has made progress in its review of options to fund future growth plans, and continues to outperform the market in beer volumes and sales
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Analysis & InsightIs New York-style pizza the next big thing?
As Domino’s gets on board with the trend, MCA looks at emerging brands like Alley Cats and Crisp, and asks whether New York-style could dethrone Neapolitan as the reigning trend in the category
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Analysis & InsightSummer menus showcase classic dishes reimagined
Whilst PizzaExpress returns to fan favourites for inspiration, Ole & Steen and Busaba embrace a reliable summer staple with strawberries and cream-themed dishes
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NewsPopeyes celebrates 50-site milestone
The chain has announced its 50th UK opening on Glasgow’s Sauchiehall Street, and remains on track to double its estate this year
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NewsNoble Hospitality appoints new culinary director
The Alley Cats Pizza and Angus Steakhouse operator welcomes Jeremy Brown, who previously held the position of group executive chef at Gordon Ramsay Restaurants
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, including Inception Group, Cocotte, Be At One and more
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NewsDrop in inflation ‘strongest signal yet’ to cut interest rates
Trade bodies have renewed calls for any incoming government to prioritise reducing the cost burden on the hospitality sector
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Analysis & InsightConsumers continue cutting back on restaurants and takeaways
New figures from KMPG show four in 10 households are reducing non-essential expenditure, despite a drop in inflation this year
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NewsDaniel Thwaites achieves 6% growth
The pub operator credited the positioning of its managed properties towards more premium segments, as well as the resilience of its tenanted community pubs
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InterviewsYoung’s: ‘The £10 pint remains far off for us’
CEO Simon Dodd speaks to MCA about how caution around pricing has helped drive returns, alongside a long-term strategy of investing in pubs, the offer, and people
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NewsIn pictures: GDK’s ‘Doner Worthy of the Daylight’ campaign
The campaign looks to transform the perception of kebabs as a late night snack or guilty pleasure
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InterviewsPure plans more airport sites
Business catering provides a big growth opportunity, CEO Spencer Craig tells MCA, with further potential to grow outside the capital in UK airports
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InterviewsKibou looks North
The Japanese restaurant concept will make its debut in the region next year, with Birmingham, Manchester, and Leeds all target cities, according to MD Sam Horswill
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OpinionWhen the young start calling the shots
As a Labour victory looks likely to be determined by a left-leaning younger electorate, Peter Martin considers the implications for hospitality businesses when serving and employing this increasingly influential demographic
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NewsMcDonald’s ends AI drive-thru trial after order mishaps
The fast food chain’s AI ordering system, developed by IBM, uses voice recognition to process orders and has been rolled out at more than 100 McDonald’s locations in the US since 2021
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NewsCosta unveils new store design
Reopened after a major refurbishment, the coffee giant’s Tooley Street site now features touchscreen ordering systems, a modern seating area, multiple charging points, and a refreshed counter space