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All MCA Insight articles in November 2019 – Page 4
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NewsMitchells & Butlers reveal “strong” performance
Mitchells & Butlers CEO Phil Urban has hailed a “strong” performance after the group revealed a rise in sales and profits. Sales were up 4% to £2,237m for the year ended 28 September 2019 with pre tax profits up 36% to £177m. Like for like sales were up 3.5%.
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NewsWokit appoints liquidators
Healthy Asian fast food concept Wokit has appointed liquidators to the business, with resolutions passed for the winding up of the three-strong restaurant operator.
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NewsUKHospitality election manifesto outlines hopes for ambitious growth
UKHospitality sets out ambitions to grow hospitality output by 5.5% in the next three years and increase employment by 500,000 within a decade as part of its general election manifesto released today.
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NewsWagamama grab-and-go concept to launch 26 November
The Restaurant Group’s Wagamama food-to-go spin off, Mamago, is to launch on London’s Fenchurch Street on 26 November.
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OpinionSchool of Woky
In just a few years former Masterchef contestant Larkin Cen has created a mini-empire in Bristol and is eying an opening in Cardiff. He can now be considered one of the UK’s most exciting Chinese chefs.
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NewsYori to expand with third London site
Korean barbecue restaurant Yori has secured a site in the capital for its third location.
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NewsDeliveroo adds event services to corporate arm
Deliveroo has extended its Deliveroo for Business (DFB) offering to include a new package of catering services.
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NewsOpenTable launches new table management features
OpenTable has developed two new features designed to help restaurants optimise their seating and kitchen operations.
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OpinionElite approach
Martial Chaussy, owner of Kent pub operator Elite Pubs, talks expansion plans, Brexit, the power of pizza and its growing people focus, with Jo Bruce.
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NewsFarmstand appoints director of food
Farmstand has appointed a new director of food is it continues to build its senior team, MCA understands.
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News
Jamie Oliver eyes international expansion
Jamie Oliver’s international restaurant business is to launch a new all-day dining concept, Jamie Oliver Kitchen, in Bali and Bangkok.
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NewsThe Skinny Kitchen to launch crowdfunding campaign
All day dining brand The Skinny Kitchen are to launch an imminent crowdfunding campaign for UK expansion.
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OpinionSteve Holmes: ‘If you wind the clock forward, people will eat out more than ever’
Relevant operators can grind out profit growth, but it’s not an easy time, Azzurri Group’s Steve Holmes has told MCA.
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News‘Businesses as usual’ at EIG ahead of Stonegate takeover
Ei Group has announced underlying EBITDA down 3.8% to £276m, following the disposal of 354 commercial property assets for £340.6m.
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NewsTossed and Vital to undergo CVA
Tossed and Vital Ingredient operator Zest Food has submitted proposals for a Company Voluntary Arrangement (CVA), following a decline in trading at the Vital estate.
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NewsJollibee looking to open in Leicester
Filipino fast food chain Jollibee is understood to have lined up a site in Leicester, which is is looking to make its “flagship brand in the Midlands”.
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NewsSingaporean snack chain secures second UK site
Singaporean snack and street food chain Old Chang Kee has secured its second UK site.
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Opinion
Detangling digital transformation
Companies that have embraced digital transformation have the ability to plug in technology overnight, without significant cost, to identify what will drive a commercial return, without hampering operations. The benefit to our industry is entirely transformational, says Fourth’s group chief technical officer Christian Berthelsen.
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OpinionChange is happening everywhere
Seismic shifts are sweeping through the sector thanks to a combination of M&A, technological developments and consumer behaviour. Who knows what’s going to happen next?
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InterviewsPaul UK: ‘The brand has huge untapped potential’
The development of a franchise operation for Paul UK is high up on the agenda for its new chief executive Mark Hilton. He talks exclusively to MCA about the development of its new café format, current performance and tapping into the evening day part.
