All MCA Insight articles in October 2023 – Page 10
-
NewsNational Living Wage increase ‘a token gesture’
The increase is timed at the industry’s expense and is a “slap in the face” for hospitality, according to the Night Time Industries Association
-
NewsKrispy Kreme to consider sale of Insomnia Cookies
Krispy Kreme is exploring strategic alternatives for late-night bakery concept Insomnia Cookies, which is due to make its UK launch this year
-
NewsTortilla: ‘There’s still plenty of ground to go in the UK’
CEO Richard Morris speaks to MCA about the potential for a breakfast offer, breaking hourly records with kiosks, and launching in Europe but remaining focused on the home market
-
NewsI am Döner to debut in London in new franchise deal
The Think Hospitality-backed kebab brand has signed a new franchise deal for a site in Camden, where it will make its London debut
-
NewsBurger King continues operating in Russia despite pledge
Restaurant Brands International, which owns 15% of the company’s franchise business in Russia, pledged in March 2022 to begin exiting the country
-
NewsHarris + Hoole has ‘robust pipeline’ as Tesco partnership ends
The Nero Group-owned coffee chain will close 26 of its 41 sites following the end of its partnership with Tesco
-
Analysis & InsightHospitality spending up year-on-year
Hospitality venues have increased their share of consumers’ spending this year, with 6.5p in every pound going on out-of-home eating and drinking
-
NewsWagamama showcases new Korean-inspired menu
The pan-Asian restaurant brand has launched a campaign that showcases its new menu of “nourishing bowls”, alongside new Korean street food favourites
-
NewsEataly faces cost pressures
The Italian food hall and restaurant operator has provided a financial update for 2022, with revenue of £25m and loss for the year of £1.3m
-
Analysis & InsightFoodservice price inflation remains at over 20%
Prices in the foodservice sector fell for the third consecutive month in August, although inflation remains at over 20% year-on-year, according to CGA and Prestige Purchasing
-
NewsGreggs continues robust trading
The retailer’s Q3 update saw like-for-like sales rise 14.2% for company-managed shops, with evening trade, the app, and the loyalty programme all bolstering sales
-
NewsTortilla demonstrates resilience
The fast casual Mexican cuisine specialist saw revenue growth of 22% to £32.7m in H1 FY23, along with like-for-like growth of 5%
-
InterviewsArkell’s: ‘We’re not wedded to the past’
Family brewer and pub operator Arkell’s is keen to innovate whilst honouring its local trading history, and will explore new ways to diversify its offering to meet consumer demand
-
Analysis & InsightMore people eating out as consumer confidence returns
A larger proportion of UK consumers are having an out-of-home occasion, as participation increases 6 ppts year-on-year
-
NewsBurger & Lobster sees full sales recovery
Turnover grew 47% to £36.5m in 2022, with the nine-strong London restaurant group showing a ‘strong start’ to 2023
-
InterviewsHostmore ‘well placed’ for remainder of 2023
While further disposals remain under review, the brand’s revised capital allocation policy, its stabilised leadership team, and cost efficiency programme are bearing fruit, CEO Julie McEwan tells MCA
-
NewsCommunity pub numbers grow dramatically
There has been a 62.6% jump in community-owned pubs over the past five years, according to figures from the trade body Co-operatives UK
-
NewsHospitality leaders plead for no Christmas train strikes
Companies including Wasabi, Greene King, Fuller’s, and Mitchells & Butlers have signed an open letter to the Transport Secretary, RMT, ASLEF and Rail Delivery Group
-
NewsCity Pub Group completes further acquisitions
The 52-strong premium pub operator has acquired two pubs in Oxford and London’s Soho, and continues to consider acquisitions in areas where it already has a presence
-
NewsBrakspear appoints Honeycomb Houses operations manager
Rawling joins the group within its 10-strong managed pubs division, after 19 years at Fuller’s