All MCA Insight articles in March 2023
View all stories from this issue.
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NewsWolseley Hospitality Group appoints ops director
The group has announced the appointment of Simon King as operations director, who joins from The Birley Clubs Group
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NewsWolseley Hospitality Group posts record turnover
The group generated turnover of £53.7m, reflecting a strong post-pandemic return as it prepares to open The Wolseley City later this year and considers international expansion opportunities
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NewsPret fined for overlooking safety measures
The food-to-go chain has been fined £800,000 after a staff member was locked inside a walk-in freezer for more than two hours at its Victoria Station outlet
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NewsSushi Daily committed to growing kiosk business
The sushi kiosk concept operates more than 150 kiosks in the UK, with parent company KellyDeli reporting turnover of €451.9m in 2022
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NewsPuttshack looks to US for revenue boost
The experiential mini golf concept said geographic diversification has mitigated UK-specific concerns, with revenue of £55.4m in 2022 attributed to new openings
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NewsUK franchise market stays flat for Krispy Kreme
In its Q2 update, the doughnut chain said its UK franchise market remained flat - despite strong double-digit retail sales growth, according to CEO Mike Tattersfield
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Analysis & InsightNew concepts capitalise on experience-led dining during cost of living crisis
Consumers are increasingly seeking out experience-led dining as they seek to justify spending, according to Lumina Intelligence
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InterviewsOowee to move towards mixed concept
Oowee is gravitating towards a “mixed” concept that will blend offers from its Diner and Vegan brands, founders Charlie Watson and Verity Foss tell MCA
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NewsHospitality faces £7.3bn rise in energy bills as support reduces
Analysis from UKHospitality shows that energy costs for the sector are set to be £12bn higher than prior to the energy crisis
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NewsBlack Sheep Brewery CFO steps down
CFO John Hunt, who joined in June 2022, has stepped down, with Anthony Hill appointed as interim CFO
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NewsNew bill introduced for business rates reform
Instead of the current five years, valuations will occur every three years, meaning properties with falling values will see their business rates bills drop sooner
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NewsMarston’s secures extension of debt facilities
The 1,445-strong pub group has secured an amendment and extension of its bank and private placement debt facilities to the end of 2025
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ArticleApril 2023
MCA’s April edition features in-depth analysis and commentary on the eating and drinking out sector, including analysis of Starbucks’ decision to launch olive oil-infused coffee and a special feature on the future of robotics in hospitality. There are interviews with former D&D London CEO Des Gunewardena on his next moves in the sector, The Restaurant Group’s CEO Andy Hornby and Emily Teh, CEO of growing Mexican concept Zambrero. This month’s edition also features coverage of all the winners at MCA’s Retailers’ Retailer Awards 2023 and highlights from the Food to Go Conference in March. There is also opinion MCA’s regular industry commentators, Peter Martin, Dominic Walsh and David Read, and insight from Lumina Intelligence. To view the April edition, please click here.
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InterviewsSushi Daily to further expand kiosk business
Following the launch of a new partnership with Tesco, the sushi concept is looking to further increase its points of sale, global brand director Romy Miller tells MCA
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NewsManaged and operator-led sites lead growth for Stonegate
The group’s leased and tenanted arm continued to see negative like-for-like growth last year but Stonegate saw a strong performance from its Craft Union business and managed division.
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InterviewsRekom UK: ‘We are focused on expanding our party bar estate’
With fewer opportunities for large nightclub sites and a strong existing portfolio, Rekom is looking to drive future growth through its pub and bar venues, chairman Peter Marks told MCA.
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NewsRekom posts strong revenue growth
The UK arm of the business is currently the group’s strongest performing division, achieving EBITDA of £18.4m in 2022
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring new venues from Pizza Pilgrims, Leon, 200 Degrees, and more
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InterviewsCasa do Frango: ‘Nobody is doing what we're doing’
The winner of Best Emerging Concept at the Retailers’ Retailer Awards, MJMK Restaurants co-founder Marco Mendes speaks to MCA about what makes Casa do Frango different
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NewsItsu launches first hot food-only restaurant
The site in Regent’s Place will be solely focused on hot dishes, with no sushi on the menu, and will be the first of several sites to open in the new format this year