All MCA Insight articles in March 2022 – Page 6
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NewsTim Hortons is ‘in the midst of a fast-paced expansion plan’
The Canadian QSR brand has opened seven new drive-thru sites in the UK so far this year as part of plans to add 40 sites in 2022
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NewsGerman Doner Kebab appoints UK MD
Sofia Dimen is the founder of Basepoint Consulting and former senior commercial consultant at OXYGY, part of Bird & Bird, where she worked with the likes of Greggs, Pret and Wagamama
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Analysis & InsightTortilla: ‘Our site pipeline is so much better’
CEO Richard Morris tells the Food to Go Conference about the paradox of having a good pandemic, and how that led to its IPO
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NewsTRG making ‘good progress’ against strategic objectives
Its Wagamama and Pubs divisions have continued to outperform the market since the year end, with a strong pipeline of openings for both businesses, TRG said in its full year results to 2 January 2022
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NewsRed Oak has ‘significant capital’ following recapitalisation
The business completed five portfolio acquisitions in 2021, with the refinancing enabling it to enter the next stage of its acquisition programme
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NewsSupport needed to avoid menu price rises
While 85% of consumers are expecting prices in pubs and restaurants to rise, government support could help avoid operators’ extra costs being passed on, the latest Future Shock report suggests
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NewsSimon Dodd to take over as CEO of Young’s
Patrick Dardis, who has been with the pub company for 20 years, will step down at this year’s AGM on 5 July 2022
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NewsDeliveroo aims for positive EBITDA by 2026
The company posted a loss before income tax of £298m in 2021, compared to £213m loss in 2020
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NewsSoho House accelerates expansion
Founder Nick Jones said “unprecedented demand” had given the group confidence to increase its openings to eight-ten new sites per year
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NewsMinor International prepares action against Jeremy King
Sky News reports Thai-based Minor is bringing two legal cases in the battle for control over Corbin & King
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Analysis & InsightFoodservice inflation hits 7.9%
The unusually high levels of inflation across all categories were recorded before the Russian invasion of Ukraine, which is anticipated to prompt further price rises, according to the CGA Prestige Foodservice Price Index
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Analysis & InsightCACI: Key shift in how consumers move about
Arabella Dalloz said the changes seen in consumer behaviour were here “here to stay”, meaning there were “long term opportunities” for operators in new locations
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NewsBob & Berts to accelerate expansion in England
The BGF-backed coffee shop operator is focusing on the north of England before moving further south as it plans to double its estate
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NewsNeat Burger expands tech ahead of retail move
The SoftBank-backed vegan burger brand plans to roll out products to retail and direct-to-consumer and establish innovation centres in Chelsea and Manhatten
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NewsGiggling Squid debuts Welsh site
The new 3,000 sq ft site will open in Cardiff’s St David’s dining quarter on the Hayes, later this year, and forms part of the BGF-backed Thai restaurant group’s expansion plans
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Analysis & InsightLumina Intelligence: Food to go? Maybe later
With dinner accounting for less than 10% of food to go occasions, Lumina Intelligence examines the untapped potential for the evening daypart as brands develop a more rounded, all-day offering
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NewsKnoops planning ‘massive’ investment in people
The boutique chocolate concept’s products are so personalised that investment in staff training and development is essential, says head of people and culture Morven West
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NewsLost Boys Chicken launches two new concepts
Founder Tom Samandi is launching Chick Chick Crew in London in Market Halls, and Lost Boys Land, a “nostalgic KFC disrupter”, in Brighton
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NewsYolk plans three sites in London this year
Founder Nick Philpot speaks to MCA about the gourmet food-to-go brand’s plans to expand across the capital
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NewsWetherspoon reports ‘more normal trading patterns’
Chairman Tim Martin said after a traumatic two years, sales had improved in recent weeks, and were down just 2.6% in the three-week period to 13 March 2022 compared to 2019