All MCA Insight articles in March 2021 – Page 2
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NewsGreene King scoop three at Publican Awards
Greene King triumphed at the Publican Awards last night, taking the titles of Community Pub Operator of the Year, Tenanted and Leased Pub Company of the Year and CEO Nick Mackenzie scooped the title of Business Leader of the Year.
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InterviewsThorley Taverns banks on staycation summer
Thorley Taverns is banking on outdoor opening in England next month releasing “a cork in a champagne bottle” with pent up demand from people wanting to go out.
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News
Pure: Travel hubs will never recover fully
Travel hubs will never return to their pre-pandemic peak and that is the reality hospitality businesses that rely on them will have to live with, Spencer Craig, founder of Pure has said.
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NewsDeliveroo IPO off to bumpy start
Deliveroo this morning raised an initial £1.5bn of new money in its initial public offering (IPO).
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NewsTortilla ‘aggressively hunting for new sites’
Tortilla is on the hunt for new locations so it can make the most of opportunities that present themselves in the wake of Covid.
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NewsFuller’s to raise £53m
Fuller’s has announced a share placing to raise around £53m, which will strengthen its balance sheet and liquidity position in preparation for a strong reopening.
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NewsStonegate to sell 42 pubs to RedCat
Stonegate has confirmed it has agreed to dispose of a package of 42 pubs to RedCat Pub Company for an undisclosed sum. The acquisition is expected to complete in the Summer.
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NewsJust Eat adds big name brands
Just Eat has added Costa Coffee, Starbucks, Chipotle, Leon and Tortilla to its UK delivery platform.
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NewsJW Lees family members step down
JW Lees has announced the appointment of a new chairman, Jim Tully, who will take over from Richard Lees-Jones.
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NewsDeliveroo to float at lower valuation
Deliveroo is reported to have slashed almost £1bn from the top end of its forthcoming initial public offering (IPO) to £7.6bn-£7.85bn.
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NewsAnglian anticipates ‘huge demand’
Anglian Country Inns is forecasting a “very good year” and hopes to be able to pay off its debts towards the end of this year, or early next, before returning to growth mode.
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NewsWetherspooon to invest £145m
Wetherspoon has announced plans to plough millions into new pubs and upgrades over the next 10 years.
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Analysis & InsightCACI: ‘The way we move has changed indefinitely’
Covid has transformed the way consumers engage with space and will continue to do so because of a long-lasting impact of the virus on mobility, MCA’s Food to Go Conference has heard.
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NewsRedCat to buy 40 Stonegate pubs
Former Greene King CEO Rooney Anand is set to buy 40 pubs from Stonegate as part of a first acquisition for his new investment vehicle.
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Analysis & InsightInvestor view: ‘Huge availability of property’ coming
Investment hunger for food-to-go opportunities will build post-pandemic and focus on category leaders and the strongest operators, MCA’s Food To Go conference has heard.
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InterviewsShereen Ritchie: ‘The pandemic hasn’t stopped us investing in our people’
Leon has used the challenges of the pandemic as an opportunity to adapt and improve how it develops its people, said UK managing director Shereen Ritchie.
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NewsBubblewrap to target premium malls
Bubblewrap, the viral bubble waffle concept, is targeting premium regional malls and tourist locations, as part of an aggressive development plan.
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NewsBrighton Pier Group downsizes bar estate
Brighton Pier Group has permanently closed three marginal sites from its bar division, previously known as Eclectic.
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NewsDomino’s sells Iceland business for £13.7m
Domino’s Pizza Group has agreed to sell its Iceland Business, Pizza Pizza, for about £13.7m to a consortium-owned investment vehicle.
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NewsOakman to invest ‘substantial’ sum on new hotel
Oakman Group is preparing to start work on five new sites, in Buckingham, Epsom, Wokingham, Harpenden and Hatfield.