All MCA Insight articles in March 2023 – Page 11
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News
Openings of the week
MCA rounds up this week’s biggest openings stories, featuring new venues from the London Shell Co, Sam’s, and Cheatmeals
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Analysis & Insight
CIPD: ‘Red hot’ demand for more staff
Vacancies in the hospitality sector remain at a record high and almost twice the level of most other sectors, according to analysis by the Chartered Institute of Personnel and Development
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Interviews
Azzurri: ’Sector qualifications too concerned with filleting fish’
Hospitality courses should better reflect the array of skills required to work across the sector, Azzurri Group CEO Steve Holmes argues
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News
Rumours circulate about TRG pub sale
There is speculation that The Restaurant Group could be weighing up a potential sale of its pubs business Brunning & Price following pressure by activist investor Oasis
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News
Gail’s plans to open 10 drive-thrus
The premium bakery chain is on the lookout for sites between 2,000 and 4,000 sq ft as it plans to open 10 drive-thrus this year
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News
The Wolseley to roll out to 10 sites across UK and Asia
Minor International CEO Dillip Rajakarier expressed regret over the fall-out with founder Jeremy King in an interview with Bloomberg
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News
Pizza GoGo maintains strong trading
The 100-strong pizza chain reported a turnover of £37.3m for the year ended May 2022 and looks to open further locations across the UK
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News
Pho posts return to profit
The Vietnamese chain has posted its first results since the pandemic for the year ended February 2022, with turnover increasing 109.1% to £43.7m
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Opinion
Abi Dunn: ‘Good GMs are pivotal to the future success of the sector’
If there is one role hospitality leaders should not overlook, it’s that of the general manager, Abi Dunn, founder of recruitment agency Sixty Eight People, writes for MCA
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News
Oakman restructures board and secures £5.3m funding
Peter Borg-Neal will return as CEO and Dermot King will take charge of finance, as FD Koula Achillea departs
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News
Wendy’s targeting 45 UK restaurants this year
The burger chain intends to “lean in on our strong start” in the UK and Europe, by continuing to grow the UK market alongside traditional franchisees
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News
Hospitality employment returns to pre-pandemic levels
Jobs filled in the sector have reached 2.6m, the equivalent of 250,000 net new positions
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News
Government updates on Hospitality Strategy
The update shows the “substantial progress” that has been made in the sector’s recovery and towards a more resilient future, according to Kate Nicholls
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Interviews
Fat Hippo to open six sites this year
Speaking at the Generation Next programme by MCA and sister title BigHospitality, head of marketing Nick Fountain discussed the burger chain’s expansion plans and enhancing the customer journey
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News
Nando’s launches new creative marketing campaign
This Must Be The Place forms part of a national brand marketing campaign which looks to celebrate the uniqueness of the Nando’s experience.
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News
Pret announces third pay rise for staff
The omnichannel retailer will give UK shop staff a further 3% pay rise from 1 April. This comes in addition to a 5% increase that came into effect in December, and a rise in April 2022.
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News
Wingstop appoints new head of marketing
Malachy O’Keeffe joins the fried chicken operator from Pho, where he was marketing manager
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Analysis & Insight
Various Eateries is confident the fog will clear
CEO Yishay Malkov concedes that the Coppa Club operator’s bottom line took a big hit last year, but he is confident its strategy for maintaining slow and steady growth will pay off
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News
Food inflation hit 17.1% in February
Food items such as milk, eggs and margarine saw the fastest rises in price last month, according to new data from Kantar.
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News
Capco sees positive momentum in Covent Garden
The landowner, which is due to merger with Shaftesbury later this month, said F&B was among its highest performing categories in terms of leasing demand