All MCA Insight articles in November 2023 – Page 2
-
News
Pizza Punks targets nationwide rollout
The eight-strong pizza concept plans to expand into Edinburgh, Manchester, Cardiff and Birmingham next year, with four sites in major university cities to follow
-
News
Foodservice price inflation drops for fifth month in a row
Foodservice price inflation has dipped to 16.7% - its lowest since August 2022, according to the CGA Prestige Foodservice Price Index
-
Analysis & Insight
Festive food-to-go menu innovation
Christmas menus from Pret, Starbucks, Leon, Greggs, KFC and Subway lean on simple, traditional seasonal dishes - levelled up with premium and indulgent ingredients
-
News
Kricket secures funding ahead of fourth site launch
The modern Indian concept will launch in Canary Wharf, having secured a new round of funding from White Rabbit Projects alongside additional funds from the founders
-
News
Carl Traill steps down from Miss Millie’s
Traill steps down as CEO after five years with the fried chicken concept, which is targeting 100 stores in the next five years
-
News
KFC opens first little drive-thru in UK
Opening in Stafford, the new model is designed to plug the gap in smaller trade zones and for tight sites
-
Interviews
David Page: ‘I haven’t done any work since 1986’
Following his successful exit from Fulham Shore, which saw him bank £16m, serial entrepreneur David Page insists he has not managed any of his exits successfully and reveals more about why he wants to make it fourth time lucky with another restaurant investment vehicle
-
Interviews
Loungers: ‘We’re very positive about 2024’
The versatility and all-day nature of its offer ensures the continued success and relevance of the model, CEO Nick Collins tells MCA
-
Opinion
Peter Martin: Dear Santa, the country needs a new train set
There’s a persuasive argument that sectors like hospitality need to lobby as hard on broader economic and business issues as they do on sector-specific challenges, writes Peter Martin
-
News
Gong cha appoints UK&I development director
Justin Goes, who spent two decades with Subway, will help drive the bubble tea concept’s UK expansion as it aims for a global estate of 10,000
-
Interviews
Prezzo: We were stagnant and lacking differentiation
Following the Italian casual dining brand’s latest restructure earlier this year, chief brand officer Olly Smith speaks to MCA about nurturing a self-sustainable, profitable estate, with an evolved strategy including a retail range and revamped food offer
-
Analysis & Insight
Stormy weather dampens October trading
Storms Babet and Ciaran may have affected market performance this autumn, but inflation and consumer confidence is markedly better than last year – meaning consumers and operators alike can look forward to a more positive festive period
-
News
Domino’s UK opens 50 stores this year
The pizza chain says it is on track to open a total of 60 stores before the end of the year, double the number opened in FY22
-
News
Knoops aims for 200 following £8.3m fundraise
The fundraising, led by a £5.5m investment from Morley Stores, will see the chocolate drink specialist debt-free press ahead with plans for 200 stores in the UK
-
News
Loungers CFO to step down
Gregor Grant, who has been part of the leadership team since 2018, will leave the company in July 2024
-
News
TRG shareholders approve sale to Apollo
In total, 93.53% TRG shareholders voted to approve the deal, which will see the Wagamama and Brunning & Price operator taken private
-
News
Berenjak goes international with Dubai location
JKS Restaurants has identified growth opportunites in the Middle East, after the group’s Sri Lankan restaurant brand Hoppers launched its first international outpost in Doha last year
-
News
Club Pret launches in France
Following its UK launch in April, the subscription service has expanded to France, while launching its first shop in Northern Ireland next month.
-
News
Loungers: Not all doom and gloom in the hospitality sector
The cafe-bar group is “living proof” that strong businesses are still capable of thriving, as it reports half year revenue up 22% to £150m
-
News
Joe & the Juice surpasses £45m turnover
Revenue for 2022 grew 66% compared to £27m the prior year, and is expected to grow by another 20-30% in 2023