All MCA Insight articles in March 2022 – Page 5
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NewsJamie Oliver scrambles to pull out of Russia
The celebrity chef is scrambling to shut his Jamie’s Italian restaurant in Russia, the Sunday Telegraph reports
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InterviewsSarah Willingham: ‘I bought my first home on a credit card’
Undaunted by debt, the restaurant entrepreneur went from eating Pot Noodles in a Parisian bedsit to making her first million at 31, the Sunday Times reports
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NewsNew chairman at Hostmore
Neil Johnson is due to be replaced by Gavin Manson, following the group’s AGM in May
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NewsHostmore reduces losses following year of growth
The operator of Fridays and 63rd + 1st saw strong like-for-like (lfl) growth last year, but in the eight weeks to 27 February 2022 lfl sales were down around 3% on 2019 levels
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NewsNightcap revenues up more than 700%
The late-night bar group has seen like-for-like growth of 24.8% for the nine weeks ended 27 February 2022, compared to 2020, and has readied itself for “fast and sustainable growth” this year and beyond
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NewsState of Play secures $35m of growth capital
The operator of Bounce ping pong venues, and modern bingo concept Hijingo, is looking to accelerate its expansion in Europe and the US, including the roll-out of Flight Club which it operates under licence in North America
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InterviewsFor Nisha Katona, restaurants are the reason to choose where you live
The founder and owner of Mowgli Street Food speaks to MCA about Indian home cooking, community-focused hospitality, and what the future looks like for her growing chain of restaurants
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NewsPrezzo vacated 30 sites after pre-pack
The majority of the business was sold in February 2021 to a vehicle owned by Cain International for £5.04m in a pre-pack administration
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NewsHostmore has keen eye on acquisition opportunities
The operator of Fridays and 63rd + 1st is looking for proven concepts with a cuisine that offers something different to the mass market, CEO Robert B Cook told MCA
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Analysis & InsightBrands grow share of food to go against supermarkets
Greggs, McDonald’s and Costa Coffee all increased their share of the food to go market in 2021, gaining ground on supermarkets, Lumina Intelligence data reveals
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NewsBrewDog CEO claims ‘significant fraud’ in online campaign
James Watt has said a criminal prosecution is underway for fraud and malicious communication following an alleged campaign of online harassment
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InterviewsLeon: ‘EG deal has really opened up opportunities for us’
MD Glenn Edwards told MCA’s Food to Go Conference the brand’s two sites in petrol forecourts are doing “phenomenally well”, with the company planning to do more of those this year, in addition to traditional high street stores
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NewsPret, McDonald’s, KFC and Itsu join Hostech line-up
The annual conference, a collaboration between MCA and Big Hospitality, will focus on the latest innovations in hospitality technology
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Analysis & InsightFood-to-go consumer looking for functionality, flavour, and fun
Food to go might be convenience-based, but consumers are more and more eager to experiment with new flavours, according to insight data from CGA
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Analysis & InsightOmnichannel the way to keep customers coming back
Greggs and Pure have launched apps and subscription models that enhance customer convenience, MCA’s Food to Go conference heard
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InterviewsSmashing Plates: ‘We’re still polishing our identity’
Founder Neo Christodoulou talks to MCA about his latest venture into Greek street food, and what sets the concept apart from its competitors
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InterviewsOle & Steen: ‘There are huge opportunities for us’
The Danish bakery brand is investing in a multi-million bakery production unit which will give it the scope to open a further 60-70 new sites, MD Lee Nixon told MCA’s Food to Go Conference
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InterviewsZizzi: ‘We are on a mission to become a superbrand’
The Italian restaurant operator told MCA it had sharpened its brand identity as part of its drive to become an omnichannel leader, with a new retail range launching in Tesco this week
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InterviewsDin Tai Fung to open long-awaited third site
MD XueFeng Bai tells MCA about what customers can expect from Din Tai Fung’s Tottenham Court Road location as well as its recently opened Selfridges site
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NewsJoe & The Juice to launch UK career pathway
The 18-month career plan has proven successful in Joe & The Juice’s Nordic homeland, and is expected to launch in the UK next year, CEO Thomas Nørøxe told MCA’s Food to Go Conference