All MCA Insight articles in March 2024 – Page 2
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News
Fluffy Fluffy adds seven sites to pipeline
The souffle pancake concept has opened five sites since its launch in Manchester in 2022, and is set to more than double its estate
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News
Revolution Bars ‘actively exploring’ all options
The pub and bar operator confirmed it is engaging with shareholders to fundraise, while exploring strategic options including a restructuring or partial or full sale
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Interviews
Keystone Brewing Group: ‘We fell in love with the beer sector’
Following the rebranding of Breal Group, Keystone Brewing CEO Mark Williams speaks to MCA about resuscitating ailing breweries while building an estate of pubs - all part of a plan to grow sales to £100m by 2028
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Analysis & Insight
Beringea: ‘Farmer J has flourished’
Managing partner Stuart Veale explains the rationale behind Beringea’s recent £5.5m investment in the London-based brand and explores its growth to date
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Interviews
Wetherspoon eyes franchising abroad
Chairman Sir Tim Martin said the business is considering opening franchise pubs in airports outside the UK, as it makes its way towards the 1,000 pub milestone
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Interviews
Thesleff Group targets strategic expansion
The Markus Thesleff led business is gearing up for its most ambitious project to date; the 14,000 sqft Los Mochis London City, whilst the group eyes international brand expansion in the US and Middle East
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News
Big Mamma pushes ahead with global expansion
The Italian restaurant group said its acquisition by McWin would support its global expansion plans in Europe, the Middle East and United States
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News
Gail’s owners could begin sales process this year
Sky News reports Bain Capital Credit and EBITDA Investments, a fund backed by Henry McGovern of McWin, are drawing up plans to appoint bankers, potentially before the end of this year
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News
Individual Restaurants expands Piccolino
The brand, backed by the founding families of Iceland supermarket, is opening in Henley-on-Thames and Marlow in the summer of 2024
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News
Arc Inspirations secures £7m
The funding from lender HSBC and shareholders including BGF will support plans for four sites a year over the next five years
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News
Tim Martin: ‘We got a rush of blood to the head’
The Wetherspoons chairman told Sky the pub company had sometimes doubled up in towns were it should have kept to just one pub
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News
Heartwood acquires historic East Barnet pub from Stonegate
The Prince of Wales, established in 1876, was the subject of a campaign from local residents and politicians after it emerged it would close
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Weekend Press
Whitbread takes the axe to Beefeaters and Brewers Fayre pubs
Bosses have instructed adviser Christie & Co to sell between 30 and 50 of its worst-performing sites, according to The Sunday Times
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Weekend Press
Man City owner Sheikh Mansour circles The Ivy as chain goes up for sale
The football club owner wants to buy Richard Caring’s starry restaurants, reports The Sunday Times
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Weekend Press
Three cheers for the pub
Traditional drinking holes are becoming scarcer as big chains move in, The Financial Times writes
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Article
APRIL 2024
MCA’s April edition reflects on the prestigious MCA Hospitality Awards and celebrates the outstanding concepts, individuals, and deals that defined success in the sector this year. This month, we also hear from Tom Gatehouse, senior trends strategist at Egg Soldiers, who explores how an increasing demand for globally inspired eating experiences is leading operators to forage even further afield for new flavours. Coverage from the Food to Go Conference features comment from Wingstop, Ole & Steen, Pret, Leon, Krispy Kreme, Fireaway, Joe & The Juice and Taco Bell. Interviews come from Hertfordshire-based pub operator McMullen’s, who toast buoyant trading in the capital, amidst the resurgence of tourism and the office Christmas party, and with Cornish Bakery CEO Steve Grocutt, who explains his strategy to build a bigger business that thinks and feels like an independent. Valuable insights from industry commentators Peter Martin, Dominic Walsh, and David Read include an exploration of the multifaceted vision of Caffè Nero’s founder, Gerry Ford, and why operators should consider revitalising their wine lists to cater to changing consumer preferences among young drinkers.
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News
In pictures: The MCA Hospitality Awards 2024
The leading players in the hospitality sector gathered at The Guildhall last week, with Dishoom, Albert’s Schloss, Loungers and Gail’s all taking home a trophy
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News
Popeyes opens four in 10 days
The Louisiana fried chicken brand has opened in Country Durham retail park, Bishop Aukland retail park, and Exeter High Street, part of a plan to open 30 new sites in 2024
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News
Rob Lynch swaps Papa Johns for Shake Shack
Lynch, who has been CEO at the pizza chain since 2019, suceeds Randy Garutti at the premium burger brand
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News
Openings of the week
MCA rounds up the week’s biggest openings stories, including German Doner Kebab, Inn Collection Group, Proper Pubs and more