All MCA Insight articles in June 2024 – Page 5
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Opinion
Gen Z – Blending relevant, relatable & game-changing
There’s no hospitality handbook when it comes to unpicking the puzzle that is Gen Z, but diverse brands like Wingstop, Humble Crumble and Bubba Oasis are emerging as flagbearers for this much misunderstood demographic, writes Tom Gatehouse of Egg Soldiers
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News
New takeaways banned from most of Newcastle
The city council will stop new food outlets to opening near schools where more than 10% of Year 6 pupils were obese - covering most areas of the city
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Interviews
Whitbread restaurant exit plan ‘bang on’ target
The group has seen interest for the majority of its 126 restaurant sites currently on the market, and remains pleased with progress, according to CEO Dominic Paul
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News
Young’s delivers industry-leading profitability
The pub operator has reported a revenue increase of 7.4% to £388.8m, while like-for-like revenue grew by 3.4% in the last financial year
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News
Pure launches new business catering service
The new B2B offering will provide catering for meetings and events, a range of workplace feeding options and a new, wholesale range of longer-life Pure products
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Analysis & Insight
Hospitality groups see 3.6% sales growth in May
An easing of some household bills, along with two Bank Holiday weekends provided a welcome boost to consumer spending, despite dissapointing weather across the month
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News
Inflation rising at slowest pace since 2021
Inflation has come down to the UK’s 2% target, however one of the largest upward contributions to the CPIH rate in May came from restaurants and hotels at 5.8%
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News
Doughnation targets 40-50 sites
The fledgling pizza brand is the latest from London-based investment company Game Changers, which aims to provide chef-led concepts with the resources to create scalable businesses
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News
Union to hold demonstration at Whitbread AGM
Unite claims Whitbread has refused to consult with the union and answer questions on the redundancy process, following the group’s announcement to cut 1,500 jobs
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News
Whitbread restaurants report slow first quarter
The Beefeater and Brewers Fayre operator reported strong breakfast sales driven by high occupancy in hotels, but offset by softer trading in branded restaurants
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Analysis & Insight
Proper Pubs sees 122% uplift in draught sales as Euros kick off
The community operator division of Admiral Taverns saw positive trading momentum during England’s first match on Sunday
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News
Deliveroo launches invite-only subscription service
Plus Diamond members will receive priority delivery and an on-time delivery guarantee, alongside a direct line to a dedicated customer care team and an elevated in-app experience
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Interviews
McMullen’s: ‘The year is going incredibly well’
Halfway through 2024, the pub operator is seeing the volume growth it wants to see - off the back of breaking the £100m sales milestone in 2023, MD Heydon Mizon tells MCA
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News
Lane7 gears up for international debut
The 13-strong experiential concept, which is targeting 50 sites in the UK, will launch one site in Berlin and two in Dublin later this year
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Analysis & Insight
Colliers criticises ‘lacklustre’ manifestos over business rates
The Conservatives’ proposal does not mention tackling the multiplier or relief system, while Labour displays a ‘frustrating’ lack of clarity, according to John Webber, head of business rates
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News
Red Engine partners with Loyola Group
The partnership will see the Flight Club and Electric Shuffle operator introduce its social darts concept to Ireland, beginning with a Dublin launch by early 2025
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Opinion
The Great British Pub still has some way to go
Despite hundreds of years of providing hospitality, not all pubs get it right - and too many think they’re gastropubs when they don’t have the necessary kitchen skills, writes Dominic Walsh
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Opinion
Opportunity beckons for hospitality
The sector has displayed amazing resilience since the pandemic, but is is now entering a new era where it can be a critical part of the nation’s recovery, providing employment, stronger communities, growth for the economy and restabilised public finances, writes David Read, chairman of Prestige Purchasing
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News
Suzanne Baker joins Market Taverns
The former Stonegate commercial director, who has more than 35 years’ experience in the pub sector, joins the London pub company as a non-executive director
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Analysis & Insight
Pubs shutting at a rate of 80 a month
The number of closures across England and Wales jumped a third over the first months of 2024 amid pressure on consumers’ budgets, according to new figures