All MCA Insight articles in May 2023 – Page 8
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InterviewsJDW: ‘Success comes from trying to improve all components’
Chairman Tim Martin tells MCA Wetherspoons’ core older customers who were slow to emerge post-lockdown “are now back”
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InterviewsComptoir: ‘We are confident about growing the top line this year’
CEO Nick Ayerst tells MCA how a new vision and strategy at the Lebanese group will deliver positive results in 2023
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Analysis & InsightOver 55s wield most influence when deciding where to eat out
Older customers are key decision makers when it comes to choosing which venues to visit, while also spending more time in the trade
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Analysis & InsightSpending up 26.7% over Coronation
Pubs and Bars were up 26.7% year-on-year, while restaurants were up 4.42%, according to Barclaycard
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InterviewsAmber Taverns: ‘We have the infrastructure and support to grow faster’
The wet-led operator is already averaging between 14-16 new openings year and could grow at an even faster pace if further aquisition opportunities arise, CEO James Baer tells MCA
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NewsMay and June strike dates announced
The RMT and Aslef unions have announced further strikes over pay disputes, with four days of walkouts on 12, 13, and 31 May and 3 June
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NewsComptoir Group posts strong recovery
Revenue was up nearly 50% to £31.7m, with the Lebanese restaurant chain continuing to focus on franchising in the UK and internationally
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NewsJDW reports record sales
The pubco has seen like-for-like sales up 9.1% in the 13 weeks to 30 April 2023, compared to pre-pandemic, along with its busiest ever Saturday in May
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NewsChai Green to open 30 stores in three years
The Indian street food concept has identified over 20 potential sites for expansion around London as it launches in the UK franchise market
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NewsCooks Coffee looking to create ‘house of brands’
The franchise coffee chain is looking to acquire “synergistic businesses’ in order to help scale up its business in the UK.
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Analysis & InsightPub and bar occasions see year-on-year drop despite holidays
Pub and bar occasions decreased by 1.2 ppts year-on-year in the four weeks to 16 April, while QSR saw a 1.3 ppt rise
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Analysis & InsightCoronation pub sales trump Jubilee weekend
Draught beer and cider sales were up 5.7% over the Coronation bank holiday weekend compared to the Jubilee bank holiday last year, according to Oxford Partnership
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InterviewsEL&N lines up 20 openings this year
The boutique café brand, which operates 25 sites in the UK and internationally, is focusing on travel hubs, founder Alexandra Miller tells MCA
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NewsKavanagh becomes London MD at BaxterStorey
The former Benugo commercial director has remained within the WSG Group for his new role
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NewsUrban Pubs & Bars confident it can ride out the storm
The group has seen strong like-for-like trading of +13% in FY22/23 and is actively looking for additional sites to add to its London-based pub, bar and restaurant estate
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InterviewsBodean’s founder keen to tap into £8bn sandwich market
Andre Blais is looking to secure a permanent site for his ‘tried and tested’ hot sub concept Gerry’s after raising c.£250k from investors
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NewsGreggs opens first airport site with SSP
The new site at Cardiff Airport opened last week in partnership with SSP as part of the food to go brand’s strategy to expand in travel hub locations.
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NewsVurger Co saved in pre-pack deal
The vegan burger concept went into administration at the end of last month after “a painful few years of trading”, with new investment enabling a deal to be done with the founders
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NewsSunday Coronation sales ‘really strong’ for City Pub Group
While this Saturday was a “washout” in terms of the weather and sales, Sunday saw a big boost in trade for the group thanks to Coronation celebrations, executive chairman Clive Watson said
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Analysis & InsightEaster spend a mixed picture for hospitality
Spend in pubs, bars and on delivery all fared better in April due to the boost in trade from the Easter Bank Holiday, but restaurants saw growth in spend decline further