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MCA News & Insight:

The latest industry developments and trends analysed

A subscription to MCA News & Insight provides you with timely and verified information on the events taking place in the eating and drinking out industry right now, from company and brand updates, to people moves and shifting consumer trends.

No press releases. No third-party advertising. Just high-quality news reports enhanced by analysis from a passionate team of editors and expert contributors.



NEWS HEADLINES

Wildwood

Tasty cancels growth funding

21 Sep 2018

Tasty, the Wildwood operator, has said it has “no plans to open any new sites at the current time” and has cancelled its unused £5m revolving credit facility earmarked for expansion.

Deliveroo logo

Uber ‘in talks to acquire Deliveroo’

21 Sep 2018

Uber is in early talks to acquire Deliveroo, according to reports.

Karen Jones at MCA's Restaurant Conference 2018

Jones: 'Prezzo lost its focus on hospitality'

20 Sep 2018

Prezzo executive chair Karen Jones has told MCA’s Restaurant Conference about her decision to take charge of the struggling brand and mission to “make customers love it again”.

Gaucho sign

Gaucho creditors approve CVA plan

20 Sep 2018

Gaucho has received approval from the majority of its creditors for its Company Voluntary Arrangement (CVA) plan, MCA understands.

Restaurant

Branded restaurants remain in growth despite wider sector troubles

20 Sep 2018

Turnover decline in the restaurant sector is set to slump to its lowest point since the recession, according to the latest data from MCA.

Tossed at Fleet Services

Tossed trials vending machine

21 Sep 2018

Salad chain Tossed has begun trialling a prototype vending machine format in London’s Chelsea and Westminster Hospital.

Inception Group Bunga Bunga

Inception Group: Selling experiences

21 Sep 2018

The Inception Group has built an eclectic estate of quirky bars and restaurants across London, successfully fusing theatre and food & beverage. Co-founder Charlie Gilkes talks to MCA’s sister title, Food Spark, about how Uber has opened up the range of viable sites in the capital, his thoughts on regional expansion and his fears that hospitality will fall foul of artificial intelligence.

Black Dog

Liars sell Black Dogs to former managers

21 Sep 2018

The Liars Group, the Manchester based bar and restaurant operator, has sold three sites, two Black Dog Ballrooms and the Dog Bowl bowling alley, to a pair of former managers.

Allplants

Allplants secures £7.4m funding

21 Sep 2018

Allplants, a UK-based vegan meal delivery start-up, has secured £7.5m investment led by Octopus Ventures.

Urban Baristas

Urban Baristas secures site five

21 Sep 2018

Urban Baristas, the Australian inspired speciality coffee shop group, has secured its fifth site, part of a plan to open five more over the next 12 months, MCA has learnt.

Deliveroo logo

Deliveroo expands business service

21 Sep 2018

Deliveroo has extended its corporate service, ‘Deliveroo for Business’, to include hotels, events, and fruit baskets and snacks.

Gentlemens-Baristas

The Gentlemen Baristas plan to double estate in 2019

21 Sep 2018

The Gentlemen Baristas are planning to double their estate next year, to 12 sites in London, before expanding outside the capital to university towns.

Paddy and Scotts

Paddy & Scott’s develops conference coffee shop

21 Sep 2018

Paddy & Scott’s has formed a partnership with Wyboston Lakes Resort, a conference and leisure venue, as part of its strategy of expanding through partnerships.

Deliveroo Editions

Deliveroo to experiment with dynamic pricing

21 Sep 2018

Deliveroo is planning to experiment with dynamic pricing, which could involve increases and decreases in the consumer pricepoint, MCA’s Restaurant Conference heard.

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INSIDE TRACK

Richard Caring

Proceeding with due care

17 Sep 2018

In a rare interview, sector investor Richard Caring, alongside new Ivy Collection chief executive and Bill’s chairman David Campbell, talks to Mark Wingett about the future of the high street; the impact of the uncertainty over Brexit; the market in general; and the next stages of development for Bill’s and the Ivy Collection

A glass half full

14 Sep 2018

Closing in on the 20-site mark, Veeno has reached a fork in the road for future development. Georgi Gyton spoke to co-founder Nino Caruso about the journey so far, and which direction the company might head in

Mark Sheehan

Why the institutions have an insatiable appetite for pubs

12 Sep 2018

Turmoil in the retail market and the UK pensions crisis have shifted institutional property investment to an alternative sector. Mark Sheehan, of Coffer Corporate Leisure, explains why the public house market is offering stability and how both investors and operators can capitalise

Alison Brittain

What next for Whitbread?

10 Sep 2018

Dominic Walsh looks at what the future is likely to hold for Whitbread following the sale of Costa to Coca-Cola. He asks whether Pure is being lined up to repeat Costa’s success story and where the deal leaves Premier Inn, as well as speculating on whether this marks the beginning of the end for Whitbread as a corporate entity, and how many tears would be shed over its demise.

Dave Engbers and Mike Steven

'Extreme' US brewers eye UK craft legacy

07 Sep 2018

Founders Brewing Co’s Mike Stevens speaks to MCA about the inspiration between the US and UK, building a legacy brewery and the benefits of selling out

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MCA's COMMENTATORS AND OPINION MAKERS