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All MCA Insight articles in September 2019 – Page 5
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NewsEpic Pub Co calls in administrators
Epic Pub Company, the Rufus Hall-chaired operator, has appointed administrators, MCA understands.
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NewsWhelans expands to 10 with new Star Pubs site
South east pub operator Whelans has grown its estate to 10 sites, with the addition of its latest site through Star Pubs & Bars, and has plans to double its footprint.
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NewsCraft Union to significantly boost pub pipeline
Craft Union is looking to build its pipeline of sites to 400 over the next year, with a continued focus on its wet-led only community pub proposition, operations director Frazer Grimbleby has told MCA.
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Analysis & InsightHospitality productivity outperforms wider economy
Productivity in the hospitality is on the rise, as revenues rise faster than employment levels, CGA and UKHospitality’s Future Shock report reveals.
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Analysis & InsightBrandwatch: TGI Friday’s
It’s not immune to the struggles in the casual dining market but TGI Friday’s has ploughed on with a steady programme of openings. So what is the the journey of the brand in the UK, how it is performing against the wider market and what does it have planned for the future?
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Analysis & InsightBricks and mortar adds ‘significant value’ despite drop in footfall
High street bricks and mortar retail adds “significant value” to consumers, and is “far from dead”, according to a report by CACI property consulting group.
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Analysis & InsightMenu price inflation slower than CPI
Menu prices increased by 1.8% in Spring/Summer 2019, compared to the same period in 2018, MCA’s Menu Tracker reveals.
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OpinionJP Morgan on JD Wetherspoon
JD Wetherspoon’s (JDW) profit outlook does not justify its current multiple, according to the latest analysts note on the operator from JP Morgan.
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OpinionProperty, partnerships, people
The surprise £2.7bn bid for Greene King from Hong Kong-based property developer CK Asset Holdings certainly woke up August – not least because it immediately set off excited speculation about who might be next.
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NewsNo further EU product swaps planned for Wetherspoon
JD Wetherspoon (JDW) is not planning to make any additional product swaps to non-EU sourced alternatives, following the introduction of several new lines last year.
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NewsFuller’s develops new all-day dining concept
Fuller’s has invested c.£2million in a new all-day dining concept at The Chamberlain Hotel in the City.
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NewsRestaurant insolvencies up by 25%
More than 1,400 UK restaurants collapsed in the year in the year to end of June 2019 – signifying a 25% increase on the previous year, according to the latest figures from accountancy firm UHY Hacker Young.
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OpinionYellowhammer documents confirm no-deal supply risks
On Monday, MPs backed a motion calling for the disclosure of all documents relating to Operation Yellowhammer, the government’s contingency plan for a no-deal Brexit. These documents had previously been leaked by the Sunday Times and are identical, except for a difference in headline from “base case” to “reasonable worst-case scenario”, suggesting perhaps the whole thing got a hasty rebrand prior to publication.
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InterviewsCoqfighter: chicken for grown-ups
In the early days of Coqfighter, a senior industry peer predicted that soon enough, they would be forced to ditch the vodka from their chicken batter due to mounting costs. The addition was inspired by Heston Blumenthal, with Coqfighter’s executive chef and ‘mad scientist’ Troy Sawyer using it to make the batter lighter and more crispy.
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NewsBird was “starved of cash” in lead up to administration
Fried chicken and waffle concept Bird was “starved of cash” according to administrators’ proposals from BM Advisory filed at Companies House this week.
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NewsPub visits decline in year to July 2019
The number of pub visits are down 1.2% for the year ended July 2019, according to the latest NPD Pub Tracker data.
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NewsCall for clearer allergen labelling after Byron burger death
There have been calls for all restaurant menus to feature a “red A” next to dishes that contain allergens, following the death of a teenager who died after eating a burger he was unaware had been coated in buttermilk.
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NewsShareholders approve Ei/Stonegate deal
Shareholders of Ei Group have voted in favour of the pubco’s takeover by Stonegate by 96.57%.
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NewsJDW sees lfls up 6.8% for full year
JD Wetherspoons (JDW) has reported a like-for-like sales (lfls) increase, before exceptional items, of 6.8% for the full year to 28 July 2019.
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NewsGerry Carroll to step down as CEO of Hawthorn Leisure
Hawthorn Leisure’s chief executive Gerry Carroll has decided to step down from his role, with effect from 1 October 2019, with Mark Davies, executive chairman of Hawthorn Leisure to take on the position.