All MCA Insight articles in March 2022 – Page 4
View all stories from this issue.
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InterviewsJulian Metcalfe: ‘Itsu is still pretty sloppy’
The founder and CEO of Itsu was one of the star attractions at MCA’s Food to Go Conference earlier this month. He discusses taking the brand out of London, finding the perfect investors, and whether he has the headspace for another big idea
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News
Sunak ‘considering VAT cut extension’
The chancellor is reported to be plotting a host of tax cuts and freezes this week amid mounting pressure over the surging cost of living
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News
City Pub Group sells pub package to Portobello Starboard
The five pubs on the South Coast of England, including three in Brighton, were sold for £16.2m
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News
New CFO at KFC UK&I
Matthew McCormick, formerly chief development officer, has become the new chief financial officer, replacing Chris Drew
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News
MPs report calls for tax equality for pubs
The outdated tax on bricks and mortar is threatening investment in high streets, skills, and communities, a group of MPs has warned
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News
Escape to Freight Island looks to expand beyond Manchester
Speaking at the R200 Conference last week, MD Dan Morris said there’s an appetite for the concept in cities across the UK
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Interviews
Expand and exit: the Seoul Bird strategy
Chef, TV personality and former Wall Street banker Judy Joo tells MCA about her expansion plans for her Korean fried chicken restaurant concept Seoul Bird
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News
Drink sales almost back at 2019 levels
Average sales in managed pubs, bars and restaurants were virtually back at pre-pandemic levels, with categories such as spirits significantly up (+11%), according to CGA’s Drinks Recovery Tracker
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News
Beer prices up by 45p a pint
The price of a pint of beer has gone up by 20-45p a pint at Marston’s and by up to 20p a pint extra at Wetherspoons, it has been reported
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Opinion
Five new things to consider when menu planning in 2022
David Read, founder & chairman of Prestige Purchasing sets out how inflation will impact menu design in the year ahead
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News
Mowgli reports ‘extremely strong trading’
The Nisha Katona-led restaurant group said like-for-likes remained materially above pre-Covid levels across all segments of the business, since the full lifting of restrictions last July
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News
Soaring energy prices threaten last orders for pubs
Hospitality and leisure sector businesses are struggling to secure manageable gas and electricity deals, the Financial Times reports
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News
Hotels look to Ukrainian refugees to solve staffing crisis
With around 230,000 positions unfilled, could this be a positive option for new arrivals, The Sunday Times asks
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News
At Crosstown, customers go crazy for our doughnuts
Co-founder Adam Wills shares the formula to Crosstown’s sourdough doughnuts and specialty coffee combination with the Sunday Times
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News
Fears for the great British fish & chip shop
The crisis facing the nation’s takeaways highlights grim times for the restaurant trade, the Sunday Times reports
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News
British Land and Landsec eye shopping centres swap
The landlords have held talks over an £800m asset swap involving Meadowhall shopping centre, the Sunday Times reports
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Interviews
‘We have a legacy to protect with Lina Stores’
As White Rabbit Projects prepares to open a new Lina Stores site in London, MCA speaks to COO Éadaoin McDonagh about new offerings at the latest opening and the brand’s plans in Europe
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Analysis & Insight
Andy Hornby: ‘As an industry, we should still be very worried’
The Restaurant Group’s CEO has warned that VAT and price inflation are masking the true performance of the market
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News
Tim Martin: Post-lockdown boom hasn’t materialised
Despite a return to more normal trading patterns, the Wetherspoon chairman told MCA sales have been slow to recover
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News
Cubbitt House plots ‘aggressive plan of growth’
The London-based pub and hotel group will open sites in Chelsea, Notting Hill, Mayfair and Clerkenwell this year, with another three in the pipeline for 2023
