All MCA Insight articles in October 2021 – Page 4
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Opinion
Peter Martin: Life in the fast lane
If Neat Burger is anything to go by, green, fast and tech-centric appear to be key attributes for an attractive investment in the out-of-home market these days
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News
Red Oak secures growth capital
Red Oak Taverns has secured a £15m acquisition facility with OakNorth Bank, which will fund the pub operator’s acquisition of nine pubs from Hall & Woodhouse earlier this year
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News
Supply chain crisis set to continue until 2023
Ian Wright, chief executive of the Food and Drink Federation told the House of Commons BEIS Committee that inflation in the food and hospitality sector was running at a “terrifying” 14% to 18%.
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News
Oakman sales up 36% versus 2019
The group has just opened its 36th site, The Rose Inn in Wokingham, following a £2.1m restoration and redesign project, with another 11 sites due to open before the end of 2023.
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News
Zero Carbon Forum launches hospitality roadmap
The roadmap includes ambitious net zero targets to eliminate operational emissions by 2030, and for operators to achieve net zero across their supply chains by 2040.
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News
Deliveroo continues to see strong growth in GTVs
Founder and CEO Will Shu said the business had continued to make good progress executing against its strategy, resulting in a strong performance in Q3.
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News
Lumina: Fewer consumers eating out during September
Growing economic concerns are leading to consumer caution, while drinks-only occasions benefit from a return to the office.
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News
Full line-up revealed for MCA’s Restaurant Conference
With only two weeks to go until MCA’s annual sell-out conference, now is the time to snap up those few remaining tickets
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News
Famously Proper appoints new COO
Nicolas Barnoin, who joins from Itsu, will work across Famously Proper’s Byron Burger and Mother Clucker businesses.
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News
Fridays will be on investors’ minds
MCA explores the likely prospects for Hostmore, the company behind the Fridays brand, as it prepares for a public listing
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News
Giggling Squid still considering IPO
Giggling Squid is to look at its options with regards to a potential flotation early next year, co-founder and chief executive Andy Laurillard has told MCA.
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News
Lumina: Delivery maintains market share
Delivery’s share of hospitality remains above pre-pandemic levels with pub delivery growing in importance.
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Interviews
D&D moves into expansive phase
D&D London is looking to grow its estate significantly in the next two to three years with 16 potential projects in the UK and overseas currently in the pipeline.
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Analysis & Insight
Beer to rise by 30p a pint
Some 81% of operators are increasing prices in their businesses this year, a poll conducted by The Morning Advertiser has found.
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News
Property market is ‘once in a lifetime opportunity’ for Tortilla
Torilla CEO Richard Morris has told investors the fast-casual brand’s pipeline is as “strong as it’s ever been”, as it capitalises on property costs which are 20%-30% down.
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Analysis & Insight
Labour and materials shortages drive up inflation
Widespread supply problems and increased demand from the hospitality sector pushed up prices by 1.2% in August, CGA’s Prestige Foodservice Price Index reveals.
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News
Gerry Ford: Caffe Nero on 'road to recovery'
Caffè Nero said sales have reached 87% of 2019 levels, and expected to reach sales levels of 90% in November.
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News
ETM appoints property director
George Copeman has been appointed to the newly created role across ETM and Maven Leisure – the new venture from ETM’s management team.
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News
Restaurants, pubs and bars achieve ‘sales bounce’ in September
Coffer CGA Business Tracker data shows total sales were up 8% in September despite a sales decline in London.
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News
Whitbread FD to step down
Nicholas Cadbury is to leave after nine years as group finance director at Whitbread in spring 2022.