All MCA Insight articles in November 2022 – Page 6
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News
Knoops targeting 15 sites by the summer
The gourmet chocolate drinks café brand is to open a new site in Knightsbridge early next year, with a site in Bath also expected to open shortly, CEO Tori Nunn tells MCA
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News
SSP acquires AMT Coffee from administration
Administrators from Interpath Advisory were appointed to the coffee chain on Friday (18 November), with 22 sites sold to SSP Group and 18 locations to close with immediate effect.
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News
MEATliquor closes Boxpark Croydon restaurant
The restaurant group has exited the shipping container venue, which launched next door to East Croydon station in 2016.
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News
Book your place at the Omnichannel Foodservice Conference
Speakers at the event on 7 December, include Guy Meakin, MD, Pret; Zoe Bowley, MD, PizzaExpress; and Glenn Edwards, MD, Leon.
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News
Ofgem to investigate bad practice by suppliers
The energy regulator said it had been on the receiving end of reports about lack of offers for new contracts, excessive security deposits, excessive charges for deemed rates
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News
Downbeat reaction to Autumn Statement
Described by some as “devastating”, the lack of support offered to struggling hospitality businesses left many wanting much more from Chancellor Jeremy Hunt
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Interviews
Fuller’s: ‘The bedrock of our business is very solid’
The entire hospitality sector is going through a very difficult period but Fuller’s CEO Simon Emeny tells MCA he is confident its business model and the quality of its people will see it come through the challenges strongly.
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Analysis & Insight
Christmas menu innovation
Pret A Manger, Caffe Nero, Soho Coffee Co and Byron Burger and are among the coffee houses and restaurants to release their festive menus. MCA looks at the new products being introduced this year
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News
Openings of the week
MCA rounds up this week’s biggest openings stories, featuring new venues from Itsu, Golf Fang, Beefeater and Roxy Lanes.
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News
Chancellor to bring forward targeted approach to support for businesses on energy
In his Autumn Statement this morning, Jeremy Hunt also confirmed a rise in the National Living Wage, from £9.50 to £10.42 in April
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News
The Coffee House looking to double estate
The independent speciality coffee shop operator has just opened its 12th site in the North of England, in Bolton, and is planning 25 by 2025.
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News
The Alchemist to open first international site next year
The cocktail bar and restaurant group has confirmed plans to open a site in Potsdamer Platz, in Berlin
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News
Morty & Bobs to kick off expansion plans
The Edition Capital-backed business is looking to open two sites per year across the UK, with its third location to open next month in Kensal Rise.
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News
Nick Jones to step down from Soho House
The founder of the private members’ club has decided to step back from his role as chief executive and will be replaced by Andrew Carnie
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News
Fuller’s sees revenue up 45% for the half-year
The premium pub and hotel operator said it had achieved good momentum, with like-for-like sales still seeing double-digit growth in the first seven weeks of H2 2022, and strong growth in central London, despite the challenging macroeconomic environment.
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Analysis & Insight
Food prices up by a 20% in past year
Oils and fats have seen the highest rises, yet again, up almost 50% year-on-year, with overall food price inflation at 19.9%, according to the latest CGA Foodservice Price Index.
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News
Nightcap: ‘Opportunities won’t be missed’
Pausing its roll-out doesn’t mean property opportunities will be missed but that Nightcap will be in a better position to take advantage of them next year, CEO Sarah Willingham has said.
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News
Nominate the Rising Star in your business
MCA is calling on hospitality leaders to nominate the Rising Star in their business for the chance for them be recognised at the Retailers’ Retailer Awards 2023.
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News
Chopstix on track to reach century of sites
The pan-Asian QSR brand has just opened its second site in Norwich and is on target to reach 100 locations by the end of its current financial year.
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News
Inflation: ‘The crisis is worsening’
With inflation having reach a new 40-year high, it is essential that government introduces measures that can keep hospitality businesses afloat, UKHospitality has urged