All MCA Insight articles in March 2024 – Page 7
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NewsIn pictures: The Alchemist Victoria
The cocktail bar group has partnered with DesignLSM for its new immersive venue, paying homage to cosmic alchemy and the Victorian era of scientific discovery
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InterviewsWingstop UK ‘being bold’ with new locations
Chief operating officer Chris Sherriff discusses the chicken wing concept’s openings pipeline, how it is utilising dark kitchens, and Wingstop’s digital marketing efforts to attract a Gen Z demographic.
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InterviewsKnoops: ‘Driving growth is about simplicity’
CEO William Gordon Harris told MCA’s Food to Go Conference the brand’s narrow focus on bespoke chocolate drinks and customer personalistion was critical to growing the business at scale
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NewsMarston’s chair to step down
William Rucker will step down from the pub company in July to focus on a new role as chairman of British Land
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NewsMayor launches ‘Let’s do Fridays’ travel scheme
Sadiq Khan’s plan to encourage more activity in the capital with off-peak rail travel was hailed as “ground-breaking” and a “much needed shot in the arm” for the sector
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NewsBagel Factory ups rate of expansion
The Cremonini Group backed brand plans to open eight sites overall in 2024 and is on track with its plans to have a 38-strong estate before the end of 2025
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News‘My focus is survival’: how rising costs are hitting independent restaurants
Expensive ingredients on top of pay, rent, rates and energy bills force north London laksa bar and cafe to put up prices, The Guardian reports
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Analysis & InsightUK restaurant sector hit by cost of living and Covid legacy
Food and energy prices are easing but restaurant owners are struggling to stay afloat, The Finanical Times reports
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Analysis & Insight‘There’s a lot of nostalgia’: how cockney cuisine emigrated from the East End to Essex
Londoners leaving the city have taken their food with them, keeping the pie and mash scene alive, The Observer reports
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InterviewsRichard Caring: Banishing non-doms will hurt Tories
After the chancellor abolished the 200-year-old tax status, the billionaire donor (and former non-dom) tells The Sunday Times the ultra-rich are already quitting Britain
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NewsPub dwell time grows steadily
Consumer visit length was up +6.2% compared to the previous month, driven by sporting events, such as the Guinness Six Nations and the Carabao Cup.
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NewsIn pictures: McDonald’s unveils new staff workwear collection
The new line gives team members the chance to create a personalised style with the choice of classic and tailored fits, and marks the first time the brand has made changes to its uniform since 2016
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InterviewsChopstix: ‘The buzzword for us is value’
The Asian inspired QSR brand is aiming to capitalise on a value-led image, in line with its fast food competitors, according to head of product Elio Elia
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InterviewsFireaway Pizza aims for 500
The 160-strong pizza chain will invest in building a more user-friendly customer platform, increasing delivery speed, and developing a loyalty scheme, founder Mario Aleppo told MCA’s Food to Go conference
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Analysis & InsightIncrease in dinner occasions provides boost for restaurants
Consumers are continuing to prioritise dinner occasions this year, resulting in restaurants growing channel share to 12.8%
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InterviewsJoe & the Juice upgrades coffee offering
Chief commercial officer Thomas Evald told MCA’s Food to Go conference that the chain aspires to deliver an offer similar to speciality coffee concepts like WatchHouse
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Analysis & InsightIs restaurant and bar M&A back on the menu?
Writing exclusively for MCA, Neil Sumner and Nick Hill of Interpath Advisory discuss the encouraging surge in M&A activity right across the market - and why the sector should embrace this new wave of activity that’s already coming to fruition
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NewsOpenings of the week
MCA rounds up the week’s biggest openings stories, including Bangers London, Flat Iron, Young’s Pubs and J D Wetherspoon
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NewsKFC appoints chief legal officer
Ella Smith, formerly of Uber, will serve as chief legal counsel on KFC UK & Ireland’s recently announced acquisition of 218 restaurants from EG Group
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InterviewsKebhouze sees London as key market for growth
After its UK debut on Oxford Street, the Italian-born kebab house concept sees room for 15 sites in the capital, and potential to launch in cities including Liverpool, Manchester, Birmingham, Glasgow, and Edinburgh