All MCA Insight articles in March 2020 – Page 2
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NewsFuller’s, Stonegate, Punch and more triumph at Publican Awards
The best pub and bar operators were celebrating success with nearly 1,500 people from the sector at the Publican Awards 2020. The industry’s top companies attended the event at Evolution London for a night which looks to celebrate excellence across the pub and bar business, all mc’d by top comedian Rob Beckett. The evening saw a broad mix of pub companies take home titles with Stonegate (Best Pub Employer - 501+ Employees), Liberation Group (Best Food Offer) and the Inn Collection Group (Best Pub Employer - up to 500 Employees) celebrating success for the second year on the run across their categories.
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Analysis & InsightSteve Gotham: Turning up the heat and other NPD delights
New product development (NPD) is rightly recognised as a lifeblood for the eating out industry, and MCA’s Menu Tracker offers insights into the latest menu trends and influences across 150 leading operators. This review only serve as a taster, but the three courses have each been accompanied with three key summary insights.
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Analysis & InsightConfidence at four year high before coronovirus outbreak - CGA
Optimism among eating and drinking out leaders was at its highest level for nearly four years in February, CGA’s latest Business Leaders’ Survey revealed.
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NewsDominos sees online sales help deliver “solid” results
Sales at Dominos rose 4.8% in 2019 but underlying pre-tax profits were down 1.2%, a performance the business described as “solid”. The business opened 32 stores during the year, including 29 franchised stores by 23 different franchisees. It said online sales continued to be a “driver” of growth, with online sales making up 91.1% of deliveries. “Our core UK & Ireland business continues to deliver a solid trading result, with UK like-for-like sales up 3.7%,” said Dominos CEO David Wild.
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NewsProfits up at Cote
Cote has reported ‘satisfactory’ growth in its financial report for the year ending 28 July 2019.
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NewsGrind shifts focus to retail with Soho House tie-up
London-based coffee concept Grind has announced a new partnership with Soho House as it looks to grow its supply and retail arm this year.
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NewsCorbin and King announce two more restaurants
Corbin and King are opening two new restaurants in London, one in the City and another in Notting Hill.
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NewsShonhan leaves Bone Daddies
Bone Daddies founder Ross Shonhan has left the restaurant group after nearly eight years.
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NewsYummy Pubs sells The Clarence
Yummy Pub Co has sold its in Stoke Newington pub The Clarence as it concentrates on building a freehold estate. Pub operator Robert Webster, who owns Charles Wells leased business in London the Anchor and Hope, and has interests in The Canton Arms, and the Magdalen Arms in Oxford, has ...
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NewsSix by Nico makes London debut
The Nico Simeone-led restaurant concept Six by Nico is to open in the former Zizzi site in Charlotte Street, Fitzrovia this month.
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NewsGoods Way, a New Orleans-style street food sanctuary
London’s latest high-profile food hall from the team behind Flat Iron Square launched this week with five on-trend vendors headlining
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NewsAndrew Lynch replaced as Nando’s chairman by Graham Allan
Nando’s non-executive chairman Andrew Lynch has stepped down from the business after six years to be replaced by Graham Allan, MCA can reveal. Lynch originally joined the peri-peri specialist in 2014 as its first group CEO, before deciding to withdraw from executive life in 2018. He moved into a role as non-executive chairman and was succeeded as group CEO by Rob Papps in November 2018.
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Analysis & InsightMultiple operators see boost as licensed supply falls by 1.8%
The supply of restaurants, pubs, bars and other licensed premises fell by 1.8% in the 12 months to December 2019, but multi-site restaurants grew by 1.8%, CGA research finds.
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Analysis & InsightConfidence shot by coronavirus
Confidence among the bosses of Britain’s pub and restaurant groups has been fractured by the double whammy of coronavirus and the Government’s new immigration policy, a new snap poll reveals.
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Analysis & InsightWhat women want – and other gender differences
In recognition of International Women’s Day, it is topical to look at some of the gender differences that exist in the Eating Out market. Using MCA’s Eating Out Panel consumer tracking data, a review of behavioural patterns quickly finds that equality is not evident on several fronts, and also, that women have subtly different priorities when they eat out.
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NewsImmigration bill will leave 200k jobs unfilled
More than 200,000 vacancies will be left unfilled in British pubs, bars and restaurants if the government’s new immigration bill is enforced in its current form, UK Hospitality has warned.
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NewsEmergency call for aid over coronavirus threat
Owners of hotels, nightclubs, bars and restaurants are calling on the government for emergency assistance as wave of customers cancel bookings as a precaution against contracting coronavirus.
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NewsChancellor warned over ‘failing town syndrome’
The chancellor has been told to relieve the burden of business rates on the retail sector because it is having a “hidden human cost” in the most economically vulnerable communities, The Times reports.
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NewsPret spends £20m on allergy overhaul
Pret A Manger spent £20m last year on anti-allergy measures, including full ingredients labelling, as it overhauled safety measures after the deaths of two people who had eaten its products, The Financial Times reports.
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NewsZim Braai aims for five in five
With its second opening lined up in Bournemouth next month, African dining concept Zim Braai is looking to reach five restaurants in five years, founder Andy Lennox has told MCA.