All MCA Insight articles in October 2022 – Page 8
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News
Las Iguanas pilots service robots
Following a recent trial at Bella Italia, The Big Table Group will begin piloting service robots at two Las Iguanas restaurants to improve the customer experience
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News
Patty & Bun to roll out delivery kitchens
The 11-strong London-based burger chain has partnered with food tech startup Growth Kitchen to broaden its delivery reach in the capital
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Interviews
Cooks Coffee Co: ‘We want to bridge the gap to Caffe Nero’
The Esquires and Triple Two operator is looking to fast-track outlet expansion, executive chairman Keith Jackson tells MCA
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Analysis & Insight
Consumers cutting back on eating out
Restaurant spend fell 12.2% in September, with pub and bar spend in negative territory for the first time since March 2021, as consumers choose to stay in, according to Barclaycard
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Interviews
Fat Hippo aims for nationwide expansion
The North East-founded burger chain, which makes its London debut this week, is looking to open up to six sites per year, MD Michael Phillips tells MCA
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News
Jamie Oliver Group to open new Dublin restaurant
The chef’s global restaurant business is to open the new restaurant with franchise partner Gerry Fitzpatrick, as part of plans to grow its estate by 18 sites this year
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News
In pictures: Pitcher & Piano Birmingham’s new look
Following a £800k refresh, the ground floor of the Brindleyplace venue now features a fluted bar front and decorative wall art, with a private dining space and bookable spaces added
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News
Scoffs continues trading momentum
The Costa Coffee franchise saw turnover grow 50% in 2021 to £35.8m, as it targets 20 new openings a year
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News
Greene King acquires Hickory’s
The pub company plans to leverage its scale and accelerate the national roll out of the smokehouse restaurant brand with “significant growth” over time
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News
Marston’s 2022 sales hit by Omicron
The pub company saw an improvement in the last 10 weeks of the financial year, with like-for-like sales 3% up on 2019
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News
PizzaExpress ends exclusive delivery agreement with Deliveroo
The casual dining brand will now be available on rival platforms Just Eat and Uber Eats in order to expand its reach to more customers
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Analysis & Insight
West End footfall still 20% down on pre-pandemic levels
Monthly sales forecasts are being revised down for the remainder of 2022, according to research from the New West End Company.
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News
Itsu achieves restaurant EBITDA increase of +160%
The Asian food brand said it expected shop sales in H2 2022 to match 2019 sales on a like-for-like basis, which it described as “a significant achievement”
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News
Cooks Coffee announces £1.5m capital raise
The Esquires and Triple Two Coffee franchise operator has announced a planned £1.5m fund raising in conjunction with its proposed admission on the Aquis Stock Exchange
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News
Insolvencies rise as companies worry about energy bills
The number of companies going insolvent in England and Wales hit 5,629 in the second quarter of 2022, the Evening Standard reports
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News
Goodbye WFH, hello WFP (that’s working from pub) this winter
Pubs face a tough time as the cold bites, but can cater for laptop workers wanting to save on their own bills, The Guardian reports
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News
Greggs’ current trajectory and value is looking tasty in the cost of living crunch
Greggs sales are up, and the baker plans to open 150 new stores as low prices tempt customers, the Mail on Sunday reports
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News
Confidence slumps around the globe as cost of living crisis bites
According to the Brookings-FT tracking index, high food and energy prices have fuelled pessimism, the Financial Times reports
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News
Greene King adds ESG to list of strategic drivers
The change will mean the pub operator and brewer will place an even greater focus on supporting communities, giving people better lives and reducing environmental impacts
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News
Tim Martin: ‘We take the McDonald’s approach to menu development’
While several of JD Wetherspoon’s new menu items have been selling well, it’s more about small tweaks rather than a radical overhaul, its chairman tells MCA.