All MCA Insight articles in May 2019 – Page 3
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NewsNewRiver to double capex as it eyes further growth
NewRiver, owner of more than 670 pubs, has revealed ambitions to double capital expenditure this year to £5.6m in its pub estate as it eyes “a number of sellers of assets” to drive its growth.
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NewsYO! launches sauce range with Tesco
YO! has broadened its retail offer with the introduction of a rage of sauces with supermarket chain, Tesco.
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Analysis & InsightMastering menu design
MCA’s Menu & Food Trends report provides some valuable insight into emerging and established fashions in dish description. MCA market insight director Steve Gotham digs deeper and reveals the most commonly used phrases, the most popular indicators of provenance and also examines the latest movements in the psychology of pricing.
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NewsDavid Phelps to join board at The Coconut Tree
David Phelps is to join the board at Sri Lankan restaurant business The Coconut Tree, as it looks to open additional sites in the UK.
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NewsChristie & Co appointed to market Jamie’s estate
Christie & Co has been appointed to market a package of sites closed as part of the administration of the Jamie Oliver Restaurant Group.
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NewsBurger Shack is still a growth opportunity for us, says Dardis
Young’s Burger Shack concept is still a growth opportunity for the business, chief executive Patrick Dardis, told MCA.
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NewsUrban: ‘New concept could be second string to our premium bow’
Mitchells & Butlers (M&B) is to trial a new concept in Harpenden next month, which it believes could add a second string to its bow of premium offerings, MCA has learnt.
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NewsPret/EAT deal is ‘a real milestone for vegetarianism’
The fact a big chain is championing a standalone veggie concept is ‘a real milestone for vegetarianism’, Pret A Manger chief executive Clive Schlee told MCA, but said there needed to be a real push to develop Veggie Pret’s menu in order to make it distinctive from its sister sites.
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News
'Are you strong enough to withstand an unbranded attack? I hope so.'
Operators concerned about delivery platforms using their data to create their own virtual restaurants should focus instead on ensuring they have a strong enough brand to compete, Chilango co-founder Dan Houghton has told MCA.
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NewsExemptions around ban on plastic straws and stirrers welcomed
The announcement by Defra to exempt hospitality businesses from a blanket ban on plastic straws and stirrers has been welcomed by industry associations.
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NewsAnalysts corner: Domino’s Pizza
Looking back at the detail of Domino’s Q1 update early this month, analysts at Berenberg believes a cocktail of conditions is creating a very uncertain long-term outlook.
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NewsVapiano looking at different formats and new technology
Vapiano’s UK chief executive Roberto Moretti has said the business is considering introducing new formats, with more of a focus on food to go, he told MCA’s sister title Food Spark.
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Brexit frustrates Zerodegrees’ growth plans
Pizza and craft been format Zerodegrees is hatching plans for satellite venues but is holding off until the UK’s future within or without Europe becomes clear.
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OpinionThe Caravan club
Caravan has pioneered well-travelled all-day dining and speciality coffee in London, winning the admiration of its peers at MCA’s Retailers’ Retailer awards. After picking up the honour for evolution, Finn Scott-Delany met up with co-founders Laura Harper-Hinton, Chris Ammerman and Miles Kirby to hear how they stay relevant, innovative and grow with integrity.
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NewsCamerons launches new pub brand
Camerons Brewery has launched a new manged estate sub-division which it says is ripe for expansion alongside further growth for its Head of Steam chain.
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NewsSt Austell acquires Exmoor pub
St Austell Brewery has acquired its first site in Exmoor National Park - the Bridge Inn in Dulverton.
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News
New menu at Hollywood Bowl mitigates food inflation
Hollywood Bowl, the 60-strong ten-pin bowling alley operator, has reported a boost in f&b sales across its estate over the six months to 31 March.
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NewsYoung’s FY managed lfls up 5.1%
Young’s has reported like-for-like (lfl) sales up 5.1% in its managed house division for the year to 1 April – up from 4.2% the year before.
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NewsM&B lfls up 4.1% in H1
Mitchells & Butlers has reported like-for-like sales (lfl) sales growth of 4.1% for the 28 weeks to 13 April 2019.
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NewsPret agrees EAT deal
Pret A Manger has confirmed it has agreed to acquire the c90-strong grab-and-go chain, EAT, as first revealed by MCA last week.