All MCA Insight articles in October 2018 – Page 3
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NewsHi Coffee to launch new bakery concept
Hi Coffee has remodelled one of its Express format sites in order to launch its first Hi Coffee Bakery.
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NewsFounders leave Turf to Table after sale
The founders of Turf to Table, a gastropub chain with locations in Gloucestershire and Oxfordshire, have left the company following its acquisition by The Barkby Group.
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NewsThe Sportsman adds luxury log cabins
The Sportsman, the Michelin-starred gastropub in Seasalter, is offering accommodation for the first time, with new purpose-built log cabins.
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NewsJamie's Pizzeria is Deliveroo's 1000th virtual brand
Deliveroo now has 1000 virtual restaurant brands on its platform – a figure it expects to double by mid-2019.
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Analysis & InsightUK hospitality sales break £100bn
The UK hospitality sector achieved a total annual turnover of £102bn and 4% year on year growth, according to the latest ONS data.
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NewsFernandez & Wells leaves Soho blaming rent hikes
Fernandez & Wells, the speciality coffee shop group, has vacated its debut site, in Lexington Street, Soho, blaming dramatic increases in rent.
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NewsSushi Daily appoints ex-Autogrill CEO
KellyDeli, the operator of Sushi Daily, has appointed its first externally-recruited chief executive, Silvano Delnegro.
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NewsCaprice to launch Sloane Street Deli
Caprice Holdings is launching a new wine bar, deli and restaurant concept on Chelsea’s Sloane Street in collaboration with Cadogan Estates.
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NewsKerbEdge to cease trading after winding up order
KerbEdge, the North East-based burger restaurant concept, has been ordered to wind up by High Court, MCA has learnt.
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Analysis & InsightConsumer upping orders of takeaway for home delivery
The popularity of home delivery is on the up, with more than half (55%) of consumers ordering food to be delivered at least one a month – up from 40% seen a year ago, but a third rarely or never order it, according to MCA’s annual Restaurant Market Report 2018.
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Analysis & InsightInterview with an innovator: Jamie Oliver Restaurant Group’s Ed Loftus
The group F&B director talks to MCA’s sister title Food Spark about his hopes that more frequent menu changes, including experimental and regional dishes, will help get more customers through the door, and how he’s trying to drive sales volumes away from beef.
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NewsMade in Chelsea
Cadogan Estates CEO Hugh Seaborn dicussess keeping Chelsea relevant through food and drink.
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NewsDoctor Espresso secures fourth site
Doctor Espresso, the south west London coffee group, has acquired The Black Chapel coffee shop in Wandsworth, for its fourth location.
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NewsFood sales drive growth at Debenhams; plans for pop-ups
Debenhams has “held share, and driven” c10% sales growth in food, for the 52 weeks to 1 September 2018, with both owned and concessioned formats performing well.
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NewsAG Barr appoints new non-executive director
AG Barr has appointed Nicholas Wharton to the board as an independent non-executive director, with effect from 1 November 2018.
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NewsAB InBev reported revenues up 4.5% in Q3
AB InBev has reported 4.5% revenue growth in Q3 2018, with sales up 4.6% over the first nine months of the 2018/19 year.
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NewsC&C revenues up 186% after Matthew Clark/Bibendum acquisition
C&G Group has reported total sales of €838.7m, and adjusted EBITDA of €66.2m, in six months to 31 August 2018.
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Analysis & InsightConsumers cutting back on meals out and coffees
Leisure spending has cooled in Q3 2018 and is expected to fall further in Q4, with consumers cutting back on habitual activities such as eating and drinking out and buying coffees, according to Deloitte’s latest Leisure Consumer Q3 report.
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NewsDeliveroo reworks allergy info on menus
Deliveroo is overhauling the way its platform displays allergen information on menus in an effort to increase transparency for consumers and encourage restaurants to follow suit and take action.