All MCA Insight articles in March 2020 – Page 9
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News
Weather buffets F&B pricing
Weather conditions are increasingly influencing patterns of food and beverage pricing, the latest CGA Prestige Foodservice Price Index shows.
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News
Deliveroo introduces no-contact drop-offs
Deliveroo has introduced a no-contact drop-off service amid the coronavirus outbreak.
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JDW more affected by weather than health scare
J D Wetherspoon has reported like for like sales up by 3.2% in the six weeks to 8 March 2020, saying it had been more adversely affected by poor weather than by the coronavirus health scare.
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Footfall drops 26% amid outbreak
Footfall across the UK is showing a 26% like for like decline, according to data from Wireless Social.
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Plan for ‘worst case scenario’ operators told
Restaurant operators should plan for the worst-case scenario with the coronavirus outbreak, two leading investors told Restaurant magazine’s R200 conference.
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Editors Opinion: Handling the coronavirus chaos
Whenever I write about something it’s always helpful to understand it. Like all of you I’ve watched the coronavirus drama develop slowly and menacingly, but any detailed or real understanding of the scale of what it might evolve into is elusive to those with expertise in the area, let alone people like me. Fortunately Nigel Farage popped up on the BBC this week to give his verdict on the coronavirus crisis, and who better to opine on the issue than someone highly skilled at spreading virulent and insidious poison around the country?
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Analysis & Insight
Getting social - the risks and rewards
As Chancellor Rishi Sunak grinned next to an unnecessarily large bag of Yorkshire Tea and Jacob Rees-Mogg threw caution to the wind in clutching a single walkers crisp, social media managers everywhere groaned in solidarity. “Look how relatable we are,” called the two men, “so normal!” Within minutes, Twitter warriors throughout the country were primed for battle. Yorkshire Tea, Walkers and Pringles (which committed the crime of simply sitting, unopened, on Reese-Mogg’s desk), were immediately inundated with online abuse.
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News
Intu warns of potential collapse as it reports £2bn loss
Intu Properties, the group behind nine of the UK’s top 20 shopping centres including the Trafford Centre in Manchester and Lakeside in Essex, has suggested it could collapse unless it raises extra funds.
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News
Shepherd Neame to launch “flagship” site in long-term strategy
Shepherd Neame is in planning stages for a “flagship” site in Ebbsfleet as it plans to dominate the pub market in the area.
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News
Heavenly Desserts launches in London
High-end café concept Heavenly Desserts has launched its first London site at the IQL in Stratford.
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Hollywood Bowl launches mini-golf concept
Hollywood Bowl has announced the opening of its latest leisure brand: mini-golf concept Puttstars.
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Bao to open all-day dining café
The team behind Taiwanese buns concept Bao are set to launch their first all-day dining concept under the brand, MCA’s sister title Big Hospitality reports.
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News
UKH – ‘Budget ignores large operators’
Yesterday’s Budget includes some welcome changes but ‘utterly ignores’ larger operators, UK Hospitality CEO Kate Nicholls has said.
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Analysis & Insight
One in four young people go teetotal
Low2No is set to be one of the key trends of 2020 as almost one in four young people are now teetotal, new figures released in Society of Independent Brewers British Craft Beer Report. With growing health consciousness as a key concern, the number of 18-24 year olds who have ...
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News
Steve Gotham: Straddling the great wet vs dry divide
While there might be some disagreement over the extent the UK eating out market is over-supplied, there will be strong agreement that it is intensely competitive. It remains highly fragmented and contains an abundance of operators clamouring for consumers’ attention and spend. As such, skilful market positioning is essential.
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News
February trading sees industry-wide decline
Trading in the pub, restaurant and bar sector suffered significantly in February as coronavirus and extreme weather conditions had a negative impact on footfall, new research by the Coffer Peach Business Tracker has revealed.
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News
Chancellor freezes alcohol duties
Chancellor Rishi Sunak has frozen duties on alcohol as the hospitality industry navigates through the coronavirus. In his budget speech this afternoon he said that this year the “planned increase in spirits duty will be cancelled.” There was also positive news for pubs, with the chancellor describing them as the “centre of community life. But too many have closed over the past decade. We have already promised to introduce a business rates pub discount of £1,000 for small pubs, but I’ve heard calls from other MPs that we need to do more, especially given the possible impact of coronavirus. So today I can announce that exceptionally for this year the BR discount will be £5,000.”
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Analysis & Insight
Growth slows for independent coffee shops
The independent coffee shop segment saw a slow-down in outlet growth last year due to difficult trading conditions across the wider UK café market, new research by Allegra World Coffee Portal has found.
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News
Patisserie Valerie to merge with Bakers + Baristas
Patisserie Valerie will be merged with 65-strong café concept Bakers + Baristas, MCA’s sister title Big Hospitality reports.
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News
Greene King announces coffee partnership
Greene King has announced a new multi-year partnership with coffee company Paddy & Scott’s.