All MCA Insight articles in November 2021 – Page 7
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News
Young’s: ‘Well positioned for long-term growth’
Pub operator Young’s has reported ‘strong trading’ as a result of last year’s capex programme and consumer demand.
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News
Caprice Holdings plans second Manchester opening
Richard Caring’s Caprice Holdings will open its second restaurant in Manchester, a Sexy Fish restaurant in a former Armani store.
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News
Wendy’s ’extremely excited about the response to UK expansion’
Wendy’s has reported “extremely strong sales” across its UK estate and is aiming for ten restaurants by the end of 2021
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News
Shaftesbury commits to net zero by 2030
West End property landlord Shaftesbury has committed to becoming a net zero carbon business by 2030 and will be carbon neutral for its own corporate emissions by 2025.
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News
Franchising on the cards for Marugame
Japanese udon noodle concept Marugame Udon is hopeful of signing its first franchise partners next year, as the brand looks to build its pipeline in the UK
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News
A good wage is great, but great culture is better
While a fair wage is important, a great culture and development opportunities are more important when it comes to retaining and recruiting staff, MCA’s Restaurant Conference heard.
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News
Operators anticipate post-Christmas price rises
Consumers should expect prices to rise in restaurants, pubs and bars, according UKHospitality CEO Kate Nicholls
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News
‘Alarming’ prospect of Scottish vaccine expansion
Scotland’s Deputy First Minister has told MPs the range of venues required to check vaccine status could be expanded to include “further indoor hospitality and leisure settings”.
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News
Bankers boosting sales at Pret
City workers are returning to their offices at rates outstripping Paris and New York if Pret’s sales are anything to go by.
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News
Draught ales and breakfast sales down at Wetherspoon
JD Wetherspoon has seen like-for-like sales down 8.9% for the first 15 weeks of the financial year to 7 November 2021.
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News
‘Businesses need to be resilient and robust’
Specialist investors have been busy within the sector but there is a need for banks and generalist private equity players to return to market, heard delegates at MCA’s Restaurant Conference
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News
New laws to resolve rent debt
The changes, which include a new code of practice, are designed to protect tenants from rent claims against them.
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News
Five Guys: ‘We’ve made a bet on the future’
Five Guys CEO John Eckbert has spoken of the brand’s strategic decision to “accelerate into the chicanes” and capitalise on post-pandemic growth opportunities
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Interviews
Shepherd Neame: ‘No shortage of opportunities to invest’
After major capex projects were put on hold during the pandemic, chief executive Jonathan Neame is eager to up investment
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News
Sustainability: ‘It’s about starting small and gaining momentum’
Removing plastic toys from Burger King UK’s kids meals had a much greater impact on plastic reduction than straws, which weigh less
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News
Spending on takeaway food jumps in October
Spending on bars, pubs and clubs contined to grew in October, but restaurant spending declined, according to data from Barclaycard, while consumers sharply increased spending on takeaway food
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Analysis & Insight
Lumina: On premise and lunch occasions make a comeback
The return to the office has helped boost on premise and lunch occasions, according to Lumina Intelligence
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Analysis & Insight
Relationship with managers is key to workplace happiness
Lord Mark Price told the Restaurant Conference there was an almost a total correlation between how staff score their relationship with their manager and their happiness at work
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News
Jonathan Neame: ‘Pubs every bit as core to British life’
Shepherd Neame has reported a full year loss before tax of £16.4m, but reported strong trading since reopening.
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News
Daisy Green ‘bigger, stronger’ than ever
The Australian all-day cafe group has launched a £2m Seedrs campaign, with more than £1.7m already committed.