All MCA Insight articles in March 2022 – Page 10
View all stories from this issue.
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Analysis & Insight
Huge growth in dishes for specific diets
Almost half of main dishes now feature some kind of dietary requirement tag, with vegetarian the mostly commonly flagged, according to Lumina Intelligence
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News
Gordon Ramsay Street Burger to make Scottish debut
The celebrity chef’s casual dining rollout continues with a restaurant in Edinburgh’s St James Quarter
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Interviews
Prospect: ‘We want to get back to London’
Prospect Pubs & Bars’ sixth site will open in Camberwell marking a return to the capital for the former owners of Redcomb
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News
Roadchef in £900m takeover deal
The motorway services operator is set to be acquired by Australian financial services group Macquarie
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News
GDK promotes UK MD to global COO
Having spearheaded the brand’s UK growth, Daniel Bunce will lead German Doner Kebab’s international expansion plans
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News
Operators pledge fundraising support for Ukraine
Brewhouse & Kitchen is donating the proceeds from its seasonal beer, while Drake & Morgan is donating money from the sale of its chicken kyiv dish
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Analysis & Insight
Office districts claw back sales
The Bloomberg Pret Index reveals sales in London’s City and Canary Wharf financial districts rose to 79% of pre-Covid levels, as increasing numbers returned to their offices
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News
Wendy’s outlines UK plans for 2022
The QSR brand is planning to build 10 physical restaurants and as many as 50 delivery-only kitchens in the year ahead. Chief executive Todd Penegor told analysts the UK estate was producing “some nice sales growth”.
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News
Korean hot dog brand to make UK debut
Myungrang Hot Dog operates 730 stores internationally in countries including the Philippines, Singapore, Mexico, Indonesia and Taiwan
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News
RedCat appoints new CFO
RedCat Pub Company has appointed Steve Trowbridge as its new chief financial officer, replacing Sharon Badelek
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News
Just Eat sees substantial shift in UK&I delivery mix
Orders more than doubled in the UK & Ireland in 2021, with Just Eat achieving year-on-year revenue growth of 63% in the segment
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Interviews
Camerons reignites growth plans as office workers return
The north east-based brewer and bar operator is looking to restart its growth strategy following two years of stagnation, company director Chris Soley told MCA
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News
Demand for food to go boosts EG’s performance
A strong full year and Q4 performance was driven by EG Group’s enhanced foodservice proposition following the acquisition of Leon and Cooplands Bakery last year.
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News
Lane7 builds senior team ready for growth
The boutique bowling alley business Lane7 has made four appointments as it readies itself for a period of rapid expansion, including a new operations director and head of brand
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News
Heavenly Desserts targeting 50 stores this year
The premium dessert cafe has lined up its first site in central London as it expands in the capital, with other openings in Glasgow, Brighton, Canterbury and Bath, MD Yousif Aslam told MCA
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News
Wahaca has ‘solid platform to grow’
The Mexican-inspired restaurant group reported adjusted operating profit of £2.2m in 2021
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News
Last few tickets available for MCA’s Food to Go Conference
There is one week to go until the event on Wednesday 9 March at the Ham Yard Hotel in Soho, featuring itsu, Pret, Leon, Caffè Nero UK, Greggs, Tortilla and many more
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Interviews
Revolution: ‘Growth strategy shows a real signal of intent’
Revolution Bars Group is looking to increase the size of its 67-strong estate by 10% over the next 18 months, following a four-year gap in new site acquisitions, chief executive Rob Pitcher has told MCA.
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Analysis & Insight
M&A: Is the waiting finally over?
As the hospitality sector enters recovery mode so too does M&A activity. Corporate finance specialists Graeme Smith and Craig Rachel from AlixPartners consider the investment landscape and what the next year may bring
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News
Boparan to rollout Restaurant Hub with Sainsbury’s
The supermarket has announced plans to shake-up its eat-in, takeaway and home delivery offer, with 200 own-brand cafes to close, but 30 Boparan Restaurant Hubs and 30 Starbucks cafes to open