All MCA Insight articles in March 2023 – Page 3
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Analysis & Insight
Commercial property supply to increase by 2.8% in Q2
Robert Irving Burns said there was continued high demand for premium quality in the leisure property sector
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News
Michelin hails ‘extraordinary achievement’ of restaurant industry
Britain added 20 new one star restaurants and three new two stars, including The Ledbury and Alex Dilling at Hotel Café Royal
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Analysis & Insight
Food retail inflation hits record high
Shortages of fruit and vegetables helped push UK food inflation to 15%, the British Retail Consortium said
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News
Issa Brothers eye £8bn bid for Subway
EG Group already has many Subway restaurants across its petrol forecourt empire, which also includes Leon, Cooplands and KFC’s biggest UK franchise
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News
GDK bolsters leadership team
German Doner Kebab has appointed two senior executives from Domino’s as it looks to drive growth across the globe, with Simon Wallis joining as CEO
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News
PizzaExpress appoints marketing director
Jo Vaughton, who has previously worked with Mollie and the InterContinental Hotels Group, has joined the omnichannel pizza brand
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News
Red Oak Taverns acquires pub from McMullen’s
The company has made its fourth single site acquisition this year, and is seeking further acquisitions as it continues to grow its estate
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Interviews
JDW: ‘We’re keen to be as competitive as possible’
The pub company is unlikely to implement major price rises despite focusing on innovating its drinks offer, chairman Tim Martin tells MCA
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Interviews
Henry Dimbleby on why he quit government health role
Henry Dimbleby has quit as the UK’s food tsar, furious at Whitehall’s lack of a strategy - but he’s not giving up on major change
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News
Oakman Group appoints CFO
Tarquin Williams, who has been serving as interim CFO at Cirrus Inns, will join Oakman as its new CFO
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News
Tortilla reports record revenue
The fast casual Mexican chain saw like-for-like revenue up 16.4% vs 2019 to a record of £57.7m and reports it is ahead of its growth targets
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News
Issa brothers close to £12bn merger of Asda and EG Group
The billionaire owners of Asda are racing to complete a blockbuster merger of the supermarket chain and their UK petrol stations as part of efforts to cut their forecourts empire’s debt burden, The Sunday Times reports
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Interviews
Sarah Willingham on her ‘mad’ plan to buy cocktail bars
Multi-millionaire investor and entrepreneur Sarah Willingham tells the Mail on Sunday how she sold her first business for £10m at the age of 32
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News
Wetherspoons’ row with AB InBev could jeopardise supply of Stella Artois
The legal row lifts the lid on a pricing dispute between one the UK’s largest pub chains and the world’s biggest brewer, The Sunday Times reports
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News
BrewDog shuts two more pubs
The craft beer brand has closes its Clapham and Brixton branches, following previously announced closures in Peterhead, Aberdeen; Smithfield Market, Dalston, Old Street and Motherwell
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Analysis & Insight
How we became hooked on takeaways
From pizza and prawn dumplings to pints of milk, every commodity imaginable can now be biked to your door with the click of an app, The Telegraph reports
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Interviews
London’s independents are braving the odds
Despite the headwinds, London’s most promising emerging operators are making a name for themselves. MCA looks at the West African, Peruvian, and Filipino concepts spearheading food trends
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News
Amorino UK appoints franchise director
The Italian gelato brand has appointed Roman Aslamzada as franchise director as it looks to expand its UK estate to 50 sites
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News
Wells & Co reports return to profit
The pub operator and brewer posted a turnover of £55.2m and operating profit of £3.3m for the year ended 2 October 2022
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News
JDW: like-for-like sales up amid ‘ferocious’ inflationary pressures
Like-for-like (lfl) sales were up 5% vs FY19, with a revenue of £916m for the 26 weeks ended 29 January