All MCA Insight articles in May 2020 – Page 7
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News
Starbucks to open 150 stores
Starbucks has announced it will open approximately 150 stores across the UK for takeaway and drive-thru this week.
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News
PM touts July for reopening
Boris Johnson suggested last night that the hospitality industry could start to return to normal in July, but failed to provide any detail as to how that might happen. While the industry has wrestled with the inherent complexity and financial viability of reopening social venues under existing social distancing guidelines, the PM said last night that “if the numbers support it, we will hope to reopen at least some of the hospitality industry and other public places, provided they are safe and support social distancing.”
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Analysis & Insight
Navigating the double edged sword of delivery
Delivery and takeaway are one of the only tangible ways left for operators to serve customers during the coronavirus outbreak. With consumers no longer able to eat out, common sense logic assumed they would simply transfer spending to delivery. Yet for various reasons, this has not played out as expected, ...
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News
London mayor calls for ongoing flexible business support
London mayor Sadiq Khan has written to the chancellor calling for additional and ongoing support for businesses amid concerns that many in the capital will not survive the lockdown exit and recovery period.
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News
Hall & Woodhouse extends rent cancellation period
Pub company Hall & Woodhouse has extended its rent and service charge cancellation period for its business partner estate.
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Consumer confidence worsens over eating and drinking out
A fortnight on from the first, another quick poll carried out by MCA Insight has revealed that consumer concern about eating and drinking out has worsened since April. Two weeks ago, 23% of consumers said they plan to eat out less once the lockdown is over – but that number has widened to 32%. And while 18% said they planned to eat out more two weeks ago, when asked the same question that number had slipped to 14%.
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News
Extending JRS top priority for 99% of multi-site operators
Extending the JRS is the top priority for multi-site restaurant and food to go operators, closely followed by a nine-month rent break, according to a Hospitality Leaders Poll launched this week by William Reed’s specialist insight division HIM/MCA Insight. Some 99% of founders and board level executives ranked the JRS as somewhat, very, or extremely important to staying in business with the vast majority (75%) describing it as ‘extremely important’.
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News
Government urged to reconsider tronc question
Restaurateurs including D&D London CEO Des Gunewardena and Hawksmoor founder Will Beckett have signed a letter to Chancellor Rishi Sunak demanding the inclusion of tronc payments in the job retention scheme.
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News
Cafes with outside space could reopen over summer
Cafes with outside spaces could be allowed to reopen over the summer, health secretary Matt Hancock has said.
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News
Delivery relaunches continue to grow
Pret, Giggling Squid, Turtle Bay, Ping Pong Dim Sum and 7Bone Burger Co. are some of the latest operators to reopen sites this week for delivery and collection.
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Analysis & Insight
One in three operators anticipate permanent site closures
A third of senior hospitality executives anticipate they will need to permanently close pub, bar and restaurant sites because of the coronavirus crisis, the latest Business Confidence Survey from CGA and Fourth has found.
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News
Business rates revaluation postponed
A revaluation of business rates will no longer take place in 2021 to help reduce uncertainty for businesses affected by the impacts of coronavirus, the government has announced.
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News
Greene King launches employee support fund
Greene King has launched an employee support fund in partnership with the Licensed Trade Charity, to help workers affected by the coronavirus crisis.
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News
UKH: 'PM’s lack of nuance could be detrimental for hospitality’
Ahead of the expected announcement this week on the Government’s ‘phase two’ plans, UK Hospitality chief executive Kate Nicholls has expressed concern that should the Prime Minister’s phrasing lack precision, the industry may experience a financial backlash.
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News
Dishoom: ‘We don’t like doing delivery, but the volume is there’
Since reversing its decision to offer a lockdown delivery option, Dishoom is looking to relaunch the service despite a “house view that we don’t like doing it,” co-founder Shamil Thakrar told MCA’s The Conversation.
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News
Brewdog finds lifeline in retail while plotting return to bars
Brewdog’s revenue from brewing and retail has provided a lifeline during lockdown – but the company remains committed to reopening its bars in the future, COO David McDowall has told MCA.
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News
UKH: Back of house restrictions will impact capacity more than customer distancing
The measures put in place to ensure safe back of house practice will limit site occupancy over and above the social distancing of customers, Kate Nicholls, UK Hospitality CEO has said.
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News
Chancellor preparing to “wean” businesses off furlough
The Chancellor is set to announce plans next week to wind down the furlough scheme from July amid fears that the nation has become “addicted” to the wage subsidies.
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News
KFC opens drive-thrus
KFC has opened the drive-thru lanes in 55 of its 100 restaurants already operating for delivery.
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News
Jeremy King: Social distancing 'impossible and implausible'
Enforcing social distancing measures in a restaurant space will be “impossible and implausible,” Jeremy King, Corbin & King co-founder has said.