All MCA Insight articles in November 2019 – Page 5
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NewsAzzurri Group achieves lfl growth across portfolio
Azzurri Group has reported a group sales increase of 7% for the year ended 30 June 2019, to £299.4m, with like-for-like sales growth seen across its four brands.
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NewsNovember 2019
This month saw entirely predictable news with another delay to Brexit, but also the surprising sacking of McDonald’s CEO Steve Easterbrook. We take a look back at his transformative time at the food to go giant. Elsewhere the elusive Richard Caring opens up for a big interview alongside David Campbell to discuss the future for Bill’s, Caffé Nero CEO Will Stratton-Morris outlines his push towards premium and there is a profile of Canadian coffee chain Tim Horton’s as they settle into the UK.
Elsewhere, David Read has some advice for hospitality when it comes to squeezing the supply chain, Jasper Reid takes a deep dive into the market in India, Peter Martin takes a look at the rising demand for eco-friendly alternatives to meat and Steve Gotham says despite its woes Pizza Express has reasons to be cheerful. -
NewsStonegate to provide mental health training for staff
Stonegate Pub Company has teamed up with the Licensed Trade Charity in order to provide mental health training for more than 1,000 of its employees.
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NewsWheelcake Island secures debut in Westfield London
Taiwanese pancake and snack brand Wheelcake Island has secured its first standalone site, in Westfield London
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NewsMunich Cricket Club secure West India Quay site
Bavarian beer hall concept Munich Cricket Club has secured its second London location, at West India Quay.
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OpinionTurtle Bay: ‘We keep away from industry noise’
Turtle Bay has had a quiet two years, but with reinforcements to the senior team and turnover approaching £70m, the Caribbean social concept looks to be making moves for a sale. In a rare interview, founder Ajith Jayawickrema explains how the bar and restaurant brand has the potential for 100 sites – but not necessarily under his stewardship.
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NewsFood halls the ‘future of casual dining’
The new food hall venture led by former Deliveroo MD Dan Warne and backed by Imbiba is a “clear statement of the direction of the market”, property experts have told MCA.
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NewsGreggs of the Future concept shop: in pictures
Greggs has launched a new concept store featuring self-ordering kiosks and made to order sandwiches.
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NewsYoung’s to accelerate Redcomb investment
Young’s investment in Recomb Pubs will be sped up and completed by April 2020, CEO Patrick Dardis has told MCA.
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NewsChilango in restructuring talks with RSM
Burrito brand Chilango is in talks with RSM over a potential restructuring, City A.M. reports.
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NewsFuller’s warns over beer co transition costs
Fuller’s has warned that the transition costs of selling its beer business to Asahi have been “materially higher” than expected and will have a short-term impact on the group’s financial performance.
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OpinionThe meat might be fake, but the science isn’t
With global sales of meat alternatives predicted to grow from 1% to 10% of total consumption over the next decade, operators should not ignore the generational shift in the way consumers think about food and how it’s produced, writes MCA contributing editor Peter Martin.
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NewsHackney opening on the cards for Franco Manca
Franco Manca has lined up an opening in Hackney as it expands its presence in east London, MCA understands.
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OpinionWrap stars: how Tortilla won the burrito wars
Brandon Stephens and Richard Morris’ Californian-inspired brand Tortilla has come out on top in the burrito wars and looks to be eyeing a sale, writes Restaurant magazine’s Joe Lutrario.
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OpinionAnalysts’ verdict: JD Wetherspoon
Analysts at JP Morgan Cazenove and Goodbody share their reactions to the latest trading update from JD Wetherspoon and how it’s impacted their forecasts.
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NewsAll I want for Christmas is … more consumer confidence?!
“The end of consumers’ resilience?” was the rather sobering question raised by Deloitte with their recent Q3 2019 Consumer Tracker. Deloitte concluded that weakening confidence was now finally impacting consumer spending. This article reviews the Deloitte tracker in a little more detail, compares the key trends with the other leading consumer confidence tracking provided by GfK, and draws upon MCA’s Eating Out Panel research to capture more segmental insights and share prospects for the UK Eating Out market next year.
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NewsH1 was ‘game of two halves’ for Young’s
Young’s & Co has reported a total revenue increase of 7.3% for the 26 weeks to 30 September 2019, in a period it described as a ‘game of two halves’.
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NewsTakeaway.com forced to clarify comments on Just Eat bid
Takeaway.com has been forced to clarify comments made by its chief executive Jitse Groen, in which he reportedly told a press conference in Barcelona that he had no plans to improve the offer for Just Eat.
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NewsDeliveroo reveals its trend predictions for 2020
Grazing, primitive cooking methods and new-wave salads will be among the top food trends in 2020, as predicted by Deliveroo.
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NewsWarne, Turner and Imbiba team up for Sessions food hall venture
Former Deliveroo UK general manager Dan Warne is launching a food hall business backed by Imbiba, with a debut site secured for Brighton seafront.