All MCA Insight articles in March 2021 – Page 5
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Analysis & InsightHow UK pubs became the focus of a global investment frenzy
The Great British Pub has become the subject of fervent interest from international investor groups looking for operational real estate. But is the sector as distressed as these funds believe?
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NewsSpragg to step down as Big Table CEO
James Spragg is to step down as chief executive of The Big Table after six years at the business – formerly known as Casual Dining Group.
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NewsDeliveroo warns of ‘material changes to model’
Deliveroo has warned it may have to rewrite its business if forced to provide its riders with holiday and sick pay.
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NewsJust Eat sponsors Champions League
Just Eat Takeaway.com has signed as an official partner to the UEFA Champions League.
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NewsRitchie to depart Leon
Leon UK managing director Shereen Ritchie is stepping down at the end of the month.
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NewsWhitbread announces reopening plan
Whitbread has announced the reopening plans of its 435 restaurants across the UK, including Beefeater, Brewers Fayre, Table Table, Whitbread Inns, Cookhouse + Pub and Bar + Block.
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NewsMarugame Udon reveals London debut
Marugame Udon, the world’s largest udon noodles and tempura restaurant chain, has announced its European debut in London’s Liverpool Street.
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NewsPub marquee plan ‘entirely barking’
Pubs will be allowed to install marquees in beer gardens for the entire summer instead of 28 days currently allowed, without planning permission, the government has announced.
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NewsPopeyes plans 350 UK sites
US fried chicken brand Popeyes has announced plans to enter the UK in 2021, with an ambitious goal of 350 new restaurants over the next 10 years.
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NewsDon’t miss MCA’s Food to Go Conference today
Make sure you join us for MCA’s 2021 Food to Go Conference this morning for an agenda packed with interviews, insight and discussion focussed on the key topics of people, property, footfall and finance.
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NewsPandemic has cost hospitality sector £86bn in lost sales
The hospitality sector has lost £86bn worth of sales in the year since the first lockdown began on 23 March 2020, according to UKHospitality, with more lost sales opportunities to come if the government doesn’t make some concessions.
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NewsPizza Pilgrims secures £3.5m from Imbiba
Pizza Pilgrims has secured £3.5m investment from Imbiba, the specialist investor in the UK leisure, entertainment and hospitality sector.
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NewsFive Guys CEO says technology has aided survival
Five Guys UK CEO John Eckbert has said its ability to use technology in order to offer new sales channels to customers has helped ensure its survival during the pandemic.
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NewsBerenberg on Loungers
Loungers is well-positioned for growth in a post-Covid 19 world and has the potential to scale to as many as 1,000 sites over time, according to analysts Berenberg.
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NewsJDW pricing strategy a key focus for analysts
The issue of JD Wetherspoon’s ability to push up prices has been called into question by several analysts following its half year financial update last week.
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NewsPure launches membership service as shops reopen
London-based food to go operator Pure is to launch a new membership service today (22 March) called Pure+more, to coincide with the reopening of selected shops for takeaway.
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NewsMCA’s Food to Go Conference takes place tomorrow
MCA’s 2021 Food to Go Conference will be broadcast live tomorrow (23 March) featuring exclusive interviews with leading operators including McDonald’s, Leon, Pret A Manger and Greggs.
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OpinionRent debt leaves a bitter taste
As firms up and down the country are starting to count the days until they are finally able to reopen, businesses are also starting to count the true cost of the pandemic as they stare at a mountain of debt. While there is hope and elation, there is also a very bitter taste in the mouth as the unfairness of it all becomes increasingly apparent.
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Analysis & InsightRent amnesty offers ‘little meaningful support’
The vast majority of operators say the government’s three-month extension of the rent moratorium offers little or no meaningful support, as it only defers the problem.
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NewsDeliveroo IPO could reach £8.8bn valuation
Deliveroo has set the price range per share at between £3.90 and £4.60, in advance of its planned IPO on the London Stock Exchange.