All MCA Insight articles in November 2022 – Page 7
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Analysis & InsightBreakfast is back on the menu for US consumers
The day-part was booming in the US before the pandemic hit and is now making a strong comeback despite a high percentage of consumers continuing to work from home
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NewsCMA to investigate Shaftesbury and CapCo merger
The two landlords reached an agreement on a recommended all-share merger of the two companies in June this year.
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NewsKarak Chaii to accelerate franchise expansion
The brand is aiming for 30 locations by the end of next year, with seven in the pipeline to open in early 2023, its strategic advisor Paolo Peretti has told MCA
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NewsEgg shortage sees them dropped from some menus
JD Wetherspoon has been forced to take eggs off the menu on some of its breakfast dishes due to a national shortage, with retailers rationing supplies
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NewsHeineken announces significant price hikes
The brewer has announced it will be increasing the price of its beer and cider by more than 15% after Christmas due to ‘unprecedented cost pressures’.
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NewsInflation rose to 11.1% in October
This morning’s latest inflation figures from the ONS show a new 40-year high, on the back of higher energy bills and food prices
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NewsIn pictures: Original Zizzi’s undergoes refresh
The refubishment of the restaurant in Chiswick, which now features artwork inspired by the surrounding area, forms part of the rollout of the brand’s new look
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NewsFuller’s acquires two new pubs
The premium pub and hotel operator has completed on De La Hayes, in Bourton on the Water, and The Rising Sun, in Wootton.
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Analysis & InsightLondon hospitality sales continue to rebound
Sales in the capital may be up 6.4% year-on-year but inflation is cancelling out growth across the board, with overall sales across Britain’s managed restaurant, pub and bar groups up only 1.5% on 2021 levels, according to the latest Coffer CGA Business Tracker
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NewsWetherspoon to open new £3m pub at The O2
JD Wetherspoon has announced it will be investing almost £3m in a new pub called The Stargazer at the London entertainment venue
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OpinionFinnCap: ‘Current market conditions represent interesting opportunity for investors’
Calling the timing of a trading recovery is difficult, but one of the current upside opportunities for restaurant operators is that property conditions are excellent for store rollouts, writes Nigel Parson, analyst, finnCap Group for MCA
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NewsGovernment set to announce living wage rise
The national living wage is expected to rise from £9.50 an hour, to around £10.40 an hour - however government sources have suggested the rise could be even higher
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Analysis & InsightHospitality being impacted most by energy costs
Food and drink service businesses are more likely to cut trading days to reduce energy costs compared to those in other industries, latest ONS figures suggest.
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NewsBig Fang name NWTC COO as new CEO
Natasha Waterfield will leave her role at New World Trading Company to join Big Fang in January 2023, to lead its UK and international growth plans
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NewsPopeyes reveals upcoming openings programme
The Louisiana fried chicken brand is targeting 20 new restaurants in 2023, including its first drive-thru locations
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NewsNominations now open for Retailers’ Retailer Awards 2023
MCA’s prestigous annual awards return on 14 March 2023 – this year at The Roundhouse, with nominations for 11 categories now open.
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NewsMegan’s secures £5m to accelerate expansion
The neighbourhood restaurant business has obtained the additional funding from Barclays and is looking to build on its current 18-strong portfolio.
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NewsAMT Coffee hires advisors to ‘explore options’
Managing director Matt Cundrick confirmed the coffee shop chain is exploring options to safeguard is future, but said it was “very much business as usual”
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NewsJD Wetherspoon confirms further pub disposals
The pub operator has appointed CBRE and Savills to sell seven further pubs, in addition to the 32 already on the market.
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NewsMcDonald’s eyeing ‘drive-tos’ and delivery hubs
The fast-food chain is achieving more than £1bn of sales annually through delivery or click and collect purchases, with these channels an increasing focus when it comes to new sites