All MCA Insight articles in March 2019 – Page 3
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Analysis & Insight
Consumers cutting out drinks on food to go meals
Consumers are cutting down on drinks purchased with food to go meals, the latest MCA data has shown.
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Analysis & Insight
Thai restaurant chains leading on rate of growth
The number of chain Thai restaurants have more than doubled over the past five years to December 2018 – up 123%, to 147 sites, with the Asian sector “ripe for further M&A activity”, according to CGA and AlixPartners’ latest Market Growth Monitor.
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News
Domino’s extends chairman’s term by another year
Domino’s has agreed to extend the term of chairman Stephen Hemsley beyond the nine years recommended by the Corporate Governance Code.
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News
Splendid replaces Jack & Alice sites with new brand
Splendid Restaurants has replaced its two remaining Jack & Alice sites with a new concept, Coluco.
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News
Nathan’s Famous begins UK rollout
Nathan’s Famous, the New York hotdog concept, is eyeing a second UK store, in Bournemouth.
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Analysis & Insight
Digital marketing: ‘The industry is a generation behind’
With the average person reportedly spending a day a week on their mobile phone, brand and marketing expert Mark McCulloch, of Supersonic Inc, says the hospitality sector needs to be investing more time and money in the digital space.
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News
Veeno revamps food menu following new ownership
Wine bar chain Veeno has rolled out a new food menu following a trial in key sites as it looks to turnaround the business after it was bought out of administration earlier this month.
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News
Pret extends roll out of in-store water fountains
Pret has introduced filtered water points at 250 of its UK sites, as part of its drive to reduce plastic bottle use.
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News
The Mayfair Chippy lines up third site
The Mayfair Chippy has secured its third site, in Clapham.
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News
Star Pubs extends Just Add Talent menu support to leased operators
Star Pubs & Bars is making its Just Add Talent food menus available to its leased and tenanted licensees.
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News
Marston’s brings Taverns and Destination arms together
Marston’s has reshuffled its management team to bring its Destination and Taverns arms together, MCA understands.
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News
Rocket Restaurants appoints new MD and strengthens board
Ireland’s Rocket Restaurants Group, the Eddie Rocket’s operator, has appointed a new managing director and welcomed former Subway executive, James Walker, to its board.
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Analysis & Insight
Analysts Corner: Irvine-Fortescue on UK pubs & restaurants
Mark Irvine-Fortescue, who recently joined Stifel from Panmure Gordon, writes that in a lacklustre operating environment, pub and restaurant equity performance will be driven by companies’ ability to flex balance sheets, as the US investment bank relaunches coverage of the UK leisure sector.
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News
JW Lees acquires Hydes pub
JW Lees has acquired the Goshawk pub in the Cheshire village of Mouldsworth from Hydes Brewery.
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News
Sourced Market appoints Macdonald as MD
Sourced Market has appointed Scott Macdonald, formerly of Polpo and Bill’s, as managing director.
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Opinion
Focus on: AlixPartners’ Growth Company Index 2019
MCA editor James Wallin gives a sneak peek at this year’s entrants for the AlixPartners Growth Company Index and looks back at previous winners
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News
Results round-up
This morning has seen a series of trading updates from key suppliers to the sector, including Fever-Tree, AG Barr and Vianet. MCA brings you the key points from the announcements.
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News
Nicolson departs Brighton Pier Group
Brighton Pier Group has announced that Leigh Nicolson, managing director of its Eclectic Bars division, has resigned and will leave at the end of the month.
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News
McDonald’s acquires AI firm to drive personalisation offer
McDonald’s has announced a deal to acquire artificial intelligence company Dynamic Yield, understood to be worth c$300m.
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News
March 2019
This month’s edition of MCA looks at the growing importance of healthier eating and ask whether the industry is doing enough to satisfy consumer demands. We also delve into the different ways operators are seeking growth in a challenging market, which increasingly means partnering with outside specialists, whether that is in retail, contract catering or travel hubs. This edition also includes features on the different way operators are ensuring the wellbeing of their staff, the latest developments in the delivery market, and profiles of Bill’s founder Bill Collison, Tonkotsu and East Coast Concepts.