All MCA Insight articles in May 2022 – Page 3
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Analysis & Insight
More than one third of Brits are eating out less
Consumers are cutting back on both non-essential and essential food spending, such as takeaways, as the cost of living soars, according to a new YouGov poll
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Analysis & Insight
Sales in top cities inch back to pre-pandemic levels
Nine of the 10 biggest cities saw sales grow above 2019 levels, according to the latest Top Cities report from CGA and Wireless Social
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News
Döner Shack to open third site in Leicester
The kebab concept will also launch in Glasgow and London and plans to open 12 sites this year, co-founder Sanjeev Sanghera told MCA
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News
Foodsteps raises $4.1m to grow platform
The seed round will fund the expansion of the food tech startup, which allows businesses to measure and improve on sustainability
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News
CrêpeAffaire to debut evening concept in Leicester Square
The crepe-based brand also plans to open in Guildford and Kingston and move into retail this year, founder Daniel Spinath told MCA
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News
Itsu appoints first female COO
Agne Kazberaite joined the brand seven years ago as operations manager, and was praised for her determination, commitment and passion
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News
SA Brain sells 95 pubs to Song Capital
The proceeds will go towards paying down Brains’ remaining bank debt and “significantly deleveraging” the business
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Article
JUNE 2022
MCA’s June edition features in-depth analysis and commentary on the eating and drinking out sector. It includes follow-up interviews with winners of the Retailers’ Retailer Awards including Popeyes, as well as interviews with McDonald’s COO about the brand’s new restaurant remodelling, and interviews with leaders of Punch Pubs & Co, Star Pubs & Bars and Creams.
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News
Honest Burgers launches regenerative farming programme
The national burger chain has introduced regenerative beef at six London sites and kickstarted a nationwide rollout
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News
SSP sees ‘significant rebound’ in travel sector
In the UK, sales are back to around 82% of pre Covid-19 levels, with the air sector boosted by strong leisure demand, and the rail business helped by the return of commuters in increasing numbers
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News
TRG sees robust trading at Wagamama and Pubs
The group believes the performance and recovery at Concessions will offset the impact of inflationary pressures
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Analysis & Insight
Tortilla on a roll with deal for Chilango
MCA examines the background to Tortilla’s £2.75m acquisition of the rival Mexican chain, and how the move is a step towards it consolidating the fast-casual burrito market
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News
Starbucks announces exit from Russia
The coffee operator joins leading global brands like McDonald’s and Pizza Hut by announcing a definitive withdrawal from Russia
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News
Chilango acquired for £2.75m
Tortilla intends to retain and continue to operate the Chilango brand at certain locations and via delivery in a number of Tortilla sites
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Analysis & Insight
Fears over drop in demand
Falling consumer confidence and slowing demand growth has started to weigh on output across the hospitality and tourism sectors, according to the Lloyds Bank UK Sector Tracker
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News
Hospitality can help level up UK
The hospitality sector is uniquely positioned to deliver economic growth and jobs across the country, a new report from UKHospitality argues
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Analysis & Insight
Lumina: A hot bed of menu mechanics
Katie Prowse of Lumina Intelligence tracks how operators are turning to NPD, premiumisaiton and price psychology in the face of inflation and a cost of living squeeze
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News
Adventure Bar Group: Recapitalisation is springboard for expansion
The late night operator has begun a nationwide rollout backed by the Nightcap acquisition, MD Tom Kidd told MCA
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News
Lahpet looks to take Burmese cuisine nationwide
The restaurant, one of London’s few Burmese offerings, is targeting the North of England for expansion, according to co-founder Dan Anton
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News
Fears UK could run out of beer this summer as brewery workers plan strikes
Walkouts are planned at Budweiser’s main site where Bud, Stella Artois, Boddingtons and Becks are all brewed, The Mirror reports