All MCA Insight articles in March 2023 – Page 5
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Interviews
Generation Next: How Birmingham is leading post-pandemic recovery
With vibrancy and consumer visits nearly back to pre-pandemic levels, MCA looks at some of Birmingham’s most promising emerging operators
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Analysis & Insight
Moto: ‘Speed of service is absolutely key’
Visitors to motorway services areas stop for just 17 or 18 minutes, meaning speed of service is essential when it comes to food & beverage, according to Moto CEO Ken McMeikan
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News
Danieli Group outlines expansion plans
The north east leisure operator has plans to expand its Stack food hall and live music concept to more than 10 sites over the next five years, following a strong sales performance
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Analysis & Insight
Foodservice delivery: Doomed or delivering?
Delivery’s share of out of home occasions has more than halved since 2021 - but there is still much to be optimistic about in this competitive and dynamic space, according to Flora Zwolinski of Lumina Intelligence
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Analysis & Insight
Graphite Capital: Businesses acting on sustainability are more investible
Operators who can’t show what they are doing around sustainability may struggle to obtain future investment, according to Graphite Capital
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Analysis & Insight
Average spend up 16% at breakfast
The eating and drinking out market has seen an 8% increase in average spend across all occasions, with breakfast showing the strongest growth, Lumina Intelligence data shows.
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News
Stonegate delivers ‘creditable’ performance
Britain’s biggest pub and bar group grew revenues to £1.6bn in the full year to September 2022, with adjusted profit before tax of £66m. The business said disposals of non-core pubs was a strategic option to drive value
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Analysis & Insight
Weekend provides boost for pubs
St Patrick’s Day, Super Saturday, and Mother’s Day together contributed to a major sales boost for pubs over the weekend, according to Oxford Partnership
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News
Gong cha strengthens senior team amid expansion push
The bubble tea concept has made three senior appointments as it plans to double its UK estate to 21 stores this year
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Analysis & Insight
Manchester city centre sees strong recovery
The city has seen a strong ongoing recovery in footfall, with figures up 5.8% in March – double the average national levels, new data has found
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News
Small Batch Coffee closes three sites
The Stefan Allesch-Taylor-backed brand has faced increased competition in Brighton & Hove from Flour Pot Bakery, Trading Post Coffee and Wolfox
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Analysis & Insight
Bar sales drop by 10%
Pubs saw year-on-year sales up 6.9% and restaurants by 1.9%, but the bars segment continued to struggle, according to the Coffer CGA Business Tracker
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Analysis & Insight
EV drivers signal new growth opportunities for hospitality
One in five (21%) electric vehicle drivers look for retail and hospitality amenities at service stations when charging, according to Deloitte
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Interviews
Chopstix: ‘Chozen was strategic to consolidate our position’
MD Jon Lake tells MCA the Asian QSR operator will initially convert some Chozen stores and look to develop its retail proposition in time
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Interviews
Burger & Lobster: ‘We’ve become more of a dining experience’
MD Dino Sura tells MCA about growing sales by 31.5%, enhancing the customer experience and expanding outside London
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News
RMT votes to accept Network Rail pay offer
The breakthrough is likely to end the most disruptive strike action, although RMT members at 14 train operators will still strike on 30 March and 1 April
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Analysis & Insight
Shift to electric cars ‘biggest transformation in 100 years’
Moto CEO Ken McMeikan tells MCA’s Food to Go Confernece how EV drivers stop more often, dwell longer at motorway service areas and spend more money on average
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News
Next chapter for Starbucks as new CEO steps up
Laxman Narasimhan has officially started his new role after an intensive five-month immersion into the company, succeeding company founder and now former CEO, Howard Schultz
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News
Turtle Bay to open largest location to date
The 500-cover restaurant on 245 Hammersmith Road will be the Caribbean-inspired group’s 48th venue in the UK
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Analysis & Insight
Recruitment: ‘We need to start thinking about Gen Alpha’
The generation after Gen Z is likely to have equally high expectations about the companies they choose to work for, MCA’s Food to Go Conference heard