All MCA Insight articles in March 2023 – Page 2
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NewsChopstix targeting 30 new sites and £65m revenue this year
The forecast uplift in revenue would equate to a 40% rise versus FY22, with the Asian QSR group targeting sales of more than £90m over the next financial year.
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NewsStarbucks accused of ‘illegal union-busting’
Founder Howard Schultz was accused of leading an aggressive anti-union crusade by leftwing senator Bernie Sanders at a US senate hearing
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NewsTasty selling two sites, considering further closures
The group is also considering converting further Wildwood restaurants to its dim t brand following a successful rebrand in Loughton
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NewsBrewDog, Greene King and Nightcap triumph at The Publican Awards
The companies took home two awards each, while The Alchemist, Brewhouse & Kitchen and Anglian Country Inns were also recognised at the industry event
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InterviewsBaton Berisha: ‘I’d love to open an Asian restaurant’
The Wolseley Hospitality Group CEO is considering multiple expansion opportunities, including a pan-Asian concept in Mayfair, a London rollout of The Bellanger, and taking The Wolseley and Brasserie Zédel international
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NewsCrust Bros announces two new openings
The Neapolitan pizza concept is expanding its estate to five London sites, following the success of its locations within Boxpark
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InterviewsAmorino: ‘We’re confident in going outside London’
As it expands its UK estate from 21 to 50 stores, the gelato chain is confident in its scope to go beyond the capital, franchise director Roman Aslamzada tells MCA
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NewsBigHospitality rebrands as Restaurant
MCA’s William Reed stablemate has relaunched with a nod to its popular print predecessor, Restaurant magazine
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NewsIn pictures: Golf Fang opens in Cardiff
Big Fang Collective opened its sixth on Mary Ann Street after a £1.5m investment, and has two more venues in legal negotiations
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NewsGordon Ramsay’s London House closes
The high-profile chef has operated the neighbourhood restaurant concept in Battersea Square since 2014
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NewsCoco Di Mama partners with MFG
The Azzurri Group-owned Italian grab-and-go brand is opening in Motor Fuel Group’s Brighton petrol forecourt
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News200 Degrees promotes Nicki Jones to FD
Jones takes on the financial director position from Stephen Fern, who was promoted to MD earlier this year.
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NewsUber Eats to delist some virtual restaurants
The delivery company is looking to reduce the number of virtual restaurants and their physical counterparts listing replica menus as well as improve the quality of its listings.
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Analysis & InsightLunch sees largest day-part share rise
Lunch now makes up 26.6% of all occasions, compared to dinner occasions at 29% and breakfast at 3.7%, according to Lumina Intelligence’s new Eating and Drinking Out Panel Quarterly report.
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NewsHospitality Rising campaign reaches more than 5.5m
Social media has been widely utilised as part of the campaign, with TikTok content alone having generated 13.5m impressions so far, reaching 2.1 million young people.
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NewsSimon Townsend joins JW Lees as NED
The former Ei Group CEO is also a non-executive director at Adnams and Cote Restaurants
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Analysis & InsightSupply shortages likely to continue well into spring
Fresh produce, potatoes, beef, lamb, and salmon are all likely to see further pressures on demand and thus pricing, according to Lynx Purchasing
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NewsWendy’s to open three new sites
The American chain is continuing its expansion with a high street site in Lincoln, a shopping centre site in Wisbech, and drive-thru in Colchester
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InterviewsTortilla focuses on travel hub and European expansion
The fast casual Mexican-inspired brand will expand its partnerships with SSP and Compass Group, while looking to gain traction in international markets, CEO Richard Morris tells MCA
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NewsSir Ivan Menezes to retire as CEO of Diageo
During ten years in charge of the drinks group he has overseen an “outstanding period of change, growth and high performance”