All MCA Insight articles in October 2023 – Page 4
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Interviews
Brakspear: ‘Threat of business rates rises hanging over sector’
Brakspear chief executive Tom Davies has described impending business rates rises as the ‘Sword of Damocles’ hanging over the sector
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Weekend Press
Pub landlords boycott Macmillan Cancer in plea to scrap Sober October
Some publicans have claimed their takings can drop by up to 50 per cent, during ’Sober October’, reports The Telegraph
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Weekend Press
Indian takeaways: Restaurant owners say high prices down to perfect storm
The BBC explores how a “perfect storm” of the Covid pandemic, Russia’s invasion of Ukraine and the cost of living crisis is affecting curry houses.
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Weekend Press
Warnings over ‘eco’ coffee cups that pose risks to health with toxic resin
The Guardian explores concerns that bamboo “eco-cups” green claims may be misleading and the products may pose a risk to health
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Weekend Press
Why private equity is back — and which companies are on the hit list
After Apollo Global Management’s £500 million swoop for The Restaurant Group, The Times explores the resurrection of dealmaking
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Weekend Press
Introducing Fowl, a new pop-up chicken restaurant using a brand new bird (sort of)
London’s obsession with chicken has been mounting for some time, says The Standard, speaking to Fowl’s William Murray
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Interviews
Back in the driving seat: how Meghan Farren is hatching a plan to grow KFC
KFC UK & Ireland general manager Meghan Farren speaks to The Grocer about engaging with the brand’s critics and the new youth employment programme
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Interviews
Boxpark: ‘We’re investing in the long term’
Boxpark is looking at all major cities in the UK as it continues its expansion, with the goal of opening two to three sites per year between its brands, CEO Simon Champion tells MCA
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Interviews
Champagne + Fromage enters next phase of expansion
The bistro concept is harnessing strategic partnerships to increase brand awareness before it kicks off expansion through franchising, founder Stefano Frigerio tells MCA
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News
Pret accelerates US expansion with Dallas International
The joint venture with the existing franchisee is part of a plan to triple the size of its US business over the next five years
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News
Caffè Nero reports strong first quarter
Q1 sales were 13.5% higher year-on-year in the UK and 19% at group level between June and August, driving a strong start to the financial year
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Opinion
Should hospitality be the leader of changes in the whole food system?
Prestige Purchasing chairman David Read argues that the sector has a critical role in helping our citizens understand food better
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News
Autumn Statement a ‘make or break’ moment for nation’s pubs
The chancellor should cut duty on beer and cider, help with business rates and deliver a fair deal on energy to savegaurd the nation’s pubs, according to CAMRA
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News
Openings of the week
MCA rounds up this week’s biggest openings stories, including Wingstop, Cosy Club, Oakberry, Six By Nico and more
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Interviews
Longboys: ‘There’s definitely more scope to grow’
The premium doughnut concept is targeting larger scale formats where it can capitalise on multiple day parts, as it looks towards two central London site openings, says founder Graham Hornigold
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Analysis & Insight
Party Dining: How late-night restaurants are supplanting clubs
As premium restaurants amp up the volume and theatrics with DJs and live entertainment, MCA explores how the fast-evolving space will push boundaries and become “more and more bold”
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News
Business rates hike ‘might be last straw’
Bills will rise by a total of £1.74bn next April to around £27.74bn unless the government steps in and intervenes, according to Colliers
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Event News
PizzaExpress, Wagamama and Big Mamma join Restaurant Conference
PizzaExpress CEO Paula Mackenzie, Wagamama CEO Thomas Heier and Big Mamma Group co-founder Victor Lugger will discuss the evolution of the iconic brands, how they are nurturing people and culture, and the growth potential of their businesses
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Opinion
The rise and fall of Cobra beer
Dominic Walsh examines the journey of Cobra since it was founded in 1989, its painful restructuring, and Lord Bilimoria’s okedge to pay back creditors for “as long as it takes”
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News
Sessions raises £3.25m from Virgin Money
The food brand licensing platform seeks to invest further in tech development while acquiring and scaling more brands