All MCA Insight articles in March 2023 – Page 6
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Analysis & Insight
Upselling, meal deals and customisation drive ATV
Menu engineering can bring an added layer of possibilities for operators, Vita Mojo implementation team lead Becca Painter told MCA’s recent Food to Go conference
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Analysis & Insight
Recruitment struggles easing in food to go sector
Both Leon and Pure have found that it has been easier to recruit staff in recent months, although there are still challenges in attracting people to the sector
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Analysis & Insight
Consumers are eating out less often
Frequency of visits in the eating and drinking out sector are down 7% year-on-year, as consumers reduce the number of occasions out of home due to the rising cost of living, new data from Lumina Intelligence has found.
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News
Vagabond appoints new ops director
The experiential wine bar operator has appointed former Megan’s operations director Christobell Giles
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News
Dimbleby resigns as government food tsar
The co-founder of Leon has quit his role at Defra, criticising the government for its “insane” inaction on the nation’s obesity crisis.
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News
Government criticised for omitting hospitality workers from shortage occupation list
UKHospitality said the decision not to include overseas restaurant and bar workers in its shortage occupation list was “disappointing”
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News
Grind completes £15m investment round
The coffee business, which also completed on the acquisition of ready-to-drink coffee company Bottleshot, will use some of the funds to expand its coffee shop estate
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News
Silicon Valley Bank’s collapse shows going public was right move, says Deliveroo boss
CEO Will Shu has warned the SVB collapse threatens the tech cash crunch, The Telegraph reports
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Analysis & Insight
Interest rate rises in doubt as fear of new global crisis rattles central banks
The Guardian argues concern about the finance sector, plus renewed momentum in the economy, could halt rises City analysts thought were a certainty
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News
Microbes on the farm: a solution for climate change?
Evolving technology is enhancing soil’s ability to store carbon and mitigate the environmental effects of industrialised farming, the Financial Times reports
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News
Scotland’s overseas food and drink exports reach record high of £8.1bn
Rural Affairs Secretary Mairi Gougeon welcomed the positive figures amid the cost-of-living crisis, the Evening Standard reports
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News
Openings of the week
MCA rounds up this week’s biggest openings stories, featuring new venues from Gaucho, Dishoom, The Botanist, and more
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Opinion
David Read: Hospitality’s role in the food revolution
The sector can play a major part in improving the food system’s impact on the natural world, Prestige Purchasing founder and chairman David Read argues
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Analysis & Insight
Food to go leaders positive about direction of travel
Steadily increasing footfall, particularly on the high street, has been encouraging for the food to go sector, despite the impact of the rail strikes
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Analysis & Insight
Demand concentrated in choice locations
Footfall recovery in the capital has been uneven, with lots of supply based in the wrong locations, Rob Meadows of DCL told the Food to Go conference
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Interviews
Carl’s Jr: ‘There’s huge momentum on our side’
Tim Lowther, general manager for Europe, and Thomas Kremer, VP of development EMEA, tells MCA the Californian burger brand is “laser-focused” on the UK
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Interviews
Honest Burgers ready to grow in the regions
CEO Frank Hayes tells MCA the brand has the right management team in place to operate well in excess of its current 44 locations, and will pursue an evolved property strategy with regional openings
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News
Chick-fil-A looks to make UK return
The Atlanta-based chicken chain is planning to launch in five international markets by 2026, following its first attempt to debut in the UK in 2019
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News
Spring Budget tackles labour shortages and alcohol duty
Trade bodies have welcomed the extension of draught duty relief but condemned the lack of further support for the sector
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News
Deliveroo reports progress towards profitability
The delivery company has reported preliminary FY22 results, with gross profit up 30%, revenue up 14%, and gross transaction value up 9% year-on-year