All MCA Insight articles in March 2024 – Page 6
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InterviewsTaco Bell: ‘We’re still early in our growth journey’
Taco Bell is keen to expand further in the UK and sees strong appetite for the brand and for Mexican-inspired cuisine across Europe, according to general manager Ian Cranna
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InterviewsOle & Steen: ‘We were too focused on opening new stores’
Group chairman David Campbell tells MCA’s Food to Go Conference how the new UK management team will look to freshen up stores and grow transaction value from the existing estate
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Analysis & InsightHospitality sees modest growth in February
Like-for-like sales growth stood at 1.4%, up from marginal growth of 0.1% in January but continuing a slow start to the year, according to the CGA RSM tracker
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Analysis & InsightOptimism high among restaurant operators
Nearly half of hospitality businesses expect revenue to rise across the year, while more than a third of consumers said they expected to dine out more often over the next year
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Analysis & InsightSpring menu innovation juggles indulgence, wellness and sustainability
The season’s latest slew of menu updates sees PizzaExpress going large with family-sharing extra dough, ASK Italian use regenerative flour in its pizza, while Leon also opts for a Mediterranean flavour
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NewsHonest Burgers sees double-digit sales growth
Honest Burgers has seen like-for-like sales growth of +23% for the year ended January 2024, primarily driven by increased transactions with customers.
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OpinionWhose role is menu design?
David Read, founder and chairman of Prestige Purchasing, suggests that operators need a more collaborative approach to menu development to maintain future profitability
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InterviewsDomino’s: ‘We’re going after a day part we haven’t done before’
CEO Andrew Rennie explans how the pizza group is focussing on expanding its lunchtime business with a £4 lunch deal
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NewsGaucho’s VAT-free Fridays drive 63% increase in bookings
CEO Martin Williams said the initiative saw a dramatic increase in covers and urged peers to make it London-wide
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NewsCooks Coffee taps up shareholders for cash
The New Zealand-based coffee shop operator, which runs Esquires in the UK, is seeking around £820,000 to invest in digital, store expansion and to repay debt
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Analysis & InsightConsumers back support measures for sector
Eating and drinking out remains a priority for 65% of consumers, rising to 71% of those aged 65+, according to Zonal’s latest GO Technology report
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NewsSysco GB returns to profit for first time since 2018
The foodservice supplier, which is continuing to pursue acquisitions, posted UK revenues of £2.8bn in 2023
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NewsYard Sale Pizza lines up 12th London site
The neighbourhood pizza shop will open on Dartmouth Park Hill in Tufnell Park, as it continues to pick up the pace of expansion and looks to hit a 150-site target.
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NewsBlacklock lines up regional debut in Manchester
The chophouse group will open its first restaurant outside London and seventh overall this autumn
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NewsWells & Co sees growth despite challenges
The pub operator reported sales of £62m in FY23, with accommodation up 25% across the group and further site acquisitions in France planned for FY24
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NewsDomino’s UK and Ireland aims for 2000
The pizza giant reported £1.5bn in sales for FY23 and will acquire Shorecal - its largest franchisee in Ireland - as it looks to reach £2.5bn sales and the 2,000-site mark in 2033
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NewsPret: ‘We’re making sure we’re where our customers want us to be’
The chain has made “great progress” on its plan to double the size of the business, aided by its franchising approach, according to UK shops & franchise director Guy Meakin
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InterviewsKrispy Kreme: ‘We see plenty more room to grow’
UK MD Jamie Dunning told MCA’s Food to Go conference that the brand plans to grow responsibly and with intent, and still sees plenty of whitespace opportunity in the doughnut market
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Event NewsLast chance to secure your place at MCA’s Hospitality Awards
Our annual awards ceremony, to be held at The Guildhall on 14 March, celebrates the best concepts, individuals and deals in the eating and drinking out sector
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NewsStick’n’Sushi goes exclusive with Deliveroo
The Denmark-founded Japanese-inspired restaurant group, which was recently acquired by McWin, will make its 14 UK sites exclusively available on the delivery platform