All MCA Insight articles in November 2023 – Page 7
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News
Coffee chains criticized over sugar info
More than a third of sweet food and drink products sold in major high street coffee shops exceed an adult’s daily limit of sugar in just one sitting, according to Action on Sugar.
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News
Joe & The Juice acquired by General Atlantic
The investment will further accelerate growth across international markets, including the US, Middle East and UK, and reduce debt on the company’s balance sheet
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Interviews
PizzaExpress: ‘It’s about going back to what made it incredible’
CEO Paula Mackenzie discusses how the brand is leveraging its heritage on its business transformation journey at MCA’s Restaurant Conference
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Analysis & Insight
Restaurant growth behind pubs and QSR
Restaurants are more exposed to the impact of dampened consumer spending, staff wage and food and drink inflation, according to the Lumina Intelligence Restaurant Market Report
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News
Nominations deadline extended for MCA Hospitality Awards
Marking the 25th anniversary of the prestigious industry event, formerly the Retailers’ Retailer Awards, the window to submit your nominations has been extended
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News
Daniel Thwaites reports ‘solid’ half year performance
Pubs and inns traded well in the six months to 30 September, driven by intervals of good weather and an improved staycation market
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News
Loungers on track for 34 new sites this year
The all-day operator’s accelerated rollout plan remains firmly on track, with the opening of its first Cosy Club in Oxford as well as three new Lounges
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News
Caribbean sales slump rocks Diageo: Shares in biggest fall since 1987
The drinks giant said sales in region to fall by 20% in six months to end of December, the Daily Mail reports
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News
From Pizza Express to Nando’s: how restaurants are buying your loyalty
Dining chains have swapped discounts for loyalty schemes to reward regulars, while digesting their data, The Sunday Times reports
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Interviews
Jamie Oliver: ‘I’ve been scarred, wounded and bruised’
It’s four years since his Italian chain went into liquidation. Has the chef any regrets? Quite a few — but they’re not stopping him opening a new place, he tells The Times
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News
Posh restaurant chains ‘just assembling’ dishes
Celebrity chef Jamie Oliver said that customers think they’re “getting a posh meal”, but much of the food is prepared off-site
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News
How America fell back in love with the drive-thru
A taste for tech and dislike of face-to-face interaction among young diners has shifted eating habits, The Sunday Times reports
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Interviews
Jamie Oliver Group: ‘We’re looking forward to returning to the hospitality scene’
The group is close to £100m in annualised sales as it prepares to open a flagship venue in Covent Garden later this month, global restaurant group director Edward Loftus tells MCA
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News
Snowfox opens its 500th kiosk in UK
The group has opened 500 kiosks under its Yo!, Panku, and Mai Taiko brands, and plans to continue its rollout throughout next year
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News
Lumina: Branded restaurants forging improvements
Scaled back operations, menu tactics and consumer-aligned innovation is driving spend and strengthening margins, Lumina senior insight manager Katie Gallagher told MCA’s Restaurant Conference
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News
Purezza announces merger with La Fauxmagerie
The sustainable restaurant group aims to expand its culinary footprint alongside artisan cheese brand La Fauxmagerie, acquiring a majority stake in the company.
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News
Diageo updates medium term guidance
While growth continues to be strong in Europe, Diageo cited a weaker performance outlook in Latin America and the Caribbean
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News
Krispy Kreme: UK pricing and cost control drives EBITDA
Krispy Kreme has reported Q3 2023 results, with international adjusted EBITDA margin expansion in part driven by initiatives in its UK estate
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News
Hospitality chiefs warn businesses will shut without tax freeze
Burger King, Fuller’s and Greene King are among the industry leaders who have signed a letter to the Chancellor calling for a tax freeze for pubs and restaurants
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News
McDonald’s UK boss summoned for questioning over staff allegations
The Business & Trade Committee has summoned Alistair Macrow as the BBC reveals a further 160 allegations of staff mistreatment in McDonald’s UK stores