All MCA Insight articles in November 2019 – Page 6
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NewsWhy online delivery should be your first concern
Over the last 10 years, changes in social trends and economics have led to a shift in the way we consume food. Longer working hours, people remaining single for longer, the economic crisis and the growth in technology platforms has resulted in people choosing more frequently to ‘dine-in’ rather than dining out.
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Analysis & InsightWet-led pubs best placed to capitalise on demand for experiences
Wet-led pubs are best placed to capitalise on the demand for experiences as the growth in online delivery and competition from home entertainment means consumers are looking for more on a night out, according to leisure analysts Peel Hunt.
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NewsThwaites achieves strong first half performance
Thwaites has achieved a 7% increase in turnover, from £49.9m to £53.4m, for the six months to 30 September 2019.
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NewsWetherspoon sales up 5.6%
Wetherspoons has reported a sales uplift for the 13 weeks to 27 October 2019. Like-for-like sales increased by 5.3% and total sales by 5.6%. Wetherspoons has opened one new pub since the start of the financial year and has disposed of four.
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NewsCamerons Brewery acquire Bar Soba group
Camerons Brewery has announced the acquisition of the Bar Soba group in a deal that will see the brewer and pub operator grow its retail managed estate to 34 sites.
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NewsPuttshack announces new senior appointments
Puttshack has appointed Paul Hunter as operations director and Chris Lincoln as head of learning and development as the mini golf experience prepares for further expansion.
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OpinionTim Hortons: Power play
Tim Hortons may not be a household name in the UK yet, but if the QSR brand’s growth in North America is anything to go by, it soon could be. Georgi Gyton speaks to master franchisee SK Group’s chief commercial officer Kevin Hydes on its plans to steal market share.
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NewsTallboy made group CIO of TRG
Wagamama chief information officer Richard Tallboy has been promoted to group CIO of parent company The Restaurant Group, MCA understands.
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NewsDomino’s appoints NED in hunt for chairman
Domino’s Pizza Group has appointed Usman Nabi to the board as non-executive director and a member of the nomination committee.
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NewsBigDish appoints Sumner CEO
BigDish, the yield management platform for restaurants, has appointed Tom Sumner, formerly of Gourmet Society and Tastecard, as its new CEO.
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NewsBBPA publishes new accessibility guidance
BBPA has published new guidance to help licensees make their venues as welcoming as possible for those with access needs.
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NewsRice Guys line up first permanent site
Rice Guys has lined up its first permanent standalone site on London Wall, MCA understands.
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NewsChestnut to launch further fundraise; undergoing rebrand
Chestnut Group is about to launch another fundraise as it looks make acquisitions in the next six to 12 months that could boost its revenues by 35-40%, MCA can reveal.
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NewsCharcoal Concepts lines up new concept
Indian foodservice corporation K Hospitality is launching a new fast-casual concept, Tamarind Tiger, on Baker Street, MCA understands.
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NewsPizza Express bondholders’ warning over brand’s future
Pizza Express bondholders have urged the restaurant chain’s senior management and Chinese owners to move quickly to restructure the group’s debt-laden balance sheet or risk its future, the Financial Times reports.
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Analysis & InsightDe Jager joins Farmstand
Former Caravan head of people Elsa De Jager has joined Farmstand as head of people and culture, MCA understands.
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NewsGreggs revises profit expectations
Greggs achieved a like-for-like (lfl) sales increase of 8.3%, within its company-managed shops, for the six weeks to 9 November 2019.
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NewsBrakspear boosts managed pub estate
Brakspear has acquired the Golden Ball pub near Maidenhead, taking its total managed estate to 15 sites.
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NewsFoodservice prices on course for stabilisation
Eight out of ten food and drink categories saw a month-on-month price drop, in September 2019, according to the latest edition of the CGA Prestige Foodservice Price Index, suggesting they may be stabilising after three years of steady inflation.
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NewsDeliveroo launches click and collect service
Deliveroo has launched its long-awaited click and collect service, Pickup, which is currently available from 13 cities in the UK.