All MCA Insight articles in March 2023 – Page 7
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NewsIn pictures: Retailers’ Retailer Awards
The very best of the hospitality sector gathered at The Roundhouse on Wednesday to celebrate the industry’s success stories, with Jane O’Riordan winning the ultimate accolade
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Analysis & InsightRising prices prop up spend on delivery
The volume of delivery orders fell by 13.3% in February, a reflection of consumers reducing frequency but spending more because of rising prices
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InterviewsDes Gunewardena: London still a great place to own restaurants
The former D&D London CEO tells MCA why he is confident in the capital, what the cost of living squeeze means for the sector, and when M&A activity and valuations might pick up
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InterviewsLittle Caesars to offer ‘extreme value’ in UK
The brand’s signature product, a hot held £5 pizza, gives it a clear point of difference compared to other QSR and high street pizza operators, VP Andrés De Robina told MCA
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NewsBeer duty freeze welcomed
While the draught duty relief has been lauded by the sector, wine and spirits are still set to see a duty rise
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NewsHospitality likely to see rise in business rates bills
The Chancellor’s failure to freeze the business rates multiplier for the next year will mean businesses are likely to see a 5% increase in April 2024
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NewsStrikes could cost hospitality as much as £600m
According to UKHospitality, London venues could lose £69m as a result of tube strikes, while rail strikes could cause £600m in lost sales across the country
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Analysis & InsightLeisure openings driven by ‘race for space’ from fast food operators
The overall leisure sector saw 904 net new units added in 2022, driven by fast food takeaway operators, according to a new LDC report
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NewsMore than 4,000 late night businesses lost since pandemic
The recovery of the night time culture economy could take years, with its timeline reliant on heavily reliant on support in the Budget today
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NewsSector counting on Chancellor for support in Budget
Support on energy, business rates, VAT and the labour market are among the key areas the hospitality sector is calling for the government to address in its spring statement today
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Analysis & InsightCafés and pubs are expanding delivery
Pubs, bars, coffee shops, and bakeries have all increased their delivery availability, with delivery-focused pizza specialists seeing declining market share as a result
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InterviewsSouthern pride: the Louisiana fried chicken brand that’s coming in hot
Following a successful launch, US brand Popeyes is on course to become a dominant player in the UK’s fried chicken space
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InterviewsBlank Street Coffee: ‘We don’t want tech to detract from the hospitality experience’
UK MD Ignacio Llado told MCA’s Food to Go Conference that Blank Street would only invest in tech if it was “100% right” for the brand
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NewsJane O’Riordan scoops Retailers’ Retailer of the Year 2023
JKS won Best Restaurant Company, Albert’s Schloss won Best Concept and Jeremy King won the Lifetime Achievement award at last night’s ceremony
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NewsCrosstown appoints new CEO
Howard Ebison joins from real estate and development company Hammerson, while co-founder Adam Wills steps down after nine years with the doughnut and coffee brand
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NewsNew PE firm in contention for Subway acquisition
Advent International has joined the list of parties which remain in the running to buy US sandwich chain Subway, alongside the likes of Goldman Sachs and Bain Capital.
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NewsPret calls for clearer rules on food labelling
Pret is among 11 businesses that have signed an open letter organised by the foundation for Natasha Ednan-Laperouse, who died after eating a baguette containing sesame seeds
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NewsExtended energy support needed in Budget
Restaurants, pubs and bars are being hit with 600% rises in standing charges with “absolutely no justification or explanation”, according to UKHospitality
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Analysis & InsightFood to go triumphs over more expensive F&B brands
Consumers are prioritising spend with affordable operators, driven by successful expansion strategies, according to CACI
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InterviewsNightcap: ‘Rail strikes are our biggest challenge’
Sarah Willingham, CEO of the bar group, tells MCA it was “absolutely disgusting” strike action was allowed to continue and that the impact on sales was “really significant”