All MCA Insight articles in September 2019 – Page 7
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News
Abokado launches CVA after sales decline and fraud
Healthy eating concept Abokado has launched a Company Voluntary Arrangement (CVA) after suffering a sharp reduction in sales and banking fraud.
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News
Mark out of ten - What’s Yo! name?
This week started with a banger of a PR stunt as I flicked through Twitter before I even put my specs on. Yo! (the artist formerly known as Yo! Sushi) has finally had enough of being pigeonholed by the nation as just a sushi chain and have changed their name ...
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News
Colin Hill takes reins at Nando’s UK & Ireland
Colin Hill has been appointed as the new chief executive for Nando’s UK & Ireland.
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News
Morgan Stanley on Mitchells & Butlers
Mitchells & Butlers’ (M&B) sales will continue to outperform a gently improving UK pub market, believe analysts at Morgan Stanley.
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News
McDonald’s to go – convenient format but with convenience pricing too
Working not far from McDonald’s new take-away only concept store, simply called “to go” on Fleet Street, I had taken a healthy interest in the media coverage about the new format. So in many ways I knew what to expect. I was aware that it would not have any seating, or toilets, and that product ordering and payment would be via wall-mounted slimline touchscreen kiosks only. I had also read that that there would be a reduced menu within a reduced size outlet. What I had not expected is that there would be a price premium to pay.
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News
BBPA signs MoU on calorie and ingredient labelling
The British Beer & Pub Association (BBPA) has signed a memorandum of understanding (MoU) committing to encourage its members to label ingredients and calories on their beer bottles and cans in the EU by 2022.
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News
Domino’s appoints new senior independent director
Domino’s has announced that former Greene King group finance director Ian Bull will succeed Helen Keays as senior independent director with immediate effect.
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News
Priory Inns takes on 10th site
Priory Inns North West has taken on its 10th site – and second with Star Pubs & Bars – as it looks to expand of its Warrington heartland.
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News
Drink-led pubs see spike in lfls after mini heatwave
Wet-led pubs achieved a 4.1% increase in like-for-like sales (lfls) during August as the mini heatwave brought out drinkers, according to the latest Coffer Peach Business Tracker.
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News
Redevco acquires One Tower Bridge for £70m
Real estate manager Redevco has acquired the food and beverage units of One Tower Bridge development for £70m from the Berkeley Group.
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Interviews
Profile: Wild things
Mac & Wild’s co-founder Calum Mackinnon talks to Jo Bruce about plans for a new experiential brand, US expansion and capitalising on its retail arm.
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Opinion
Opinion: TRG has a spicy star in Wagamama
There are 135 reasons why the new Restaurant Group CEO, Andy Hornby, can feel positive about the future. That’s how many Wagamama sites there are in the UK and each one is crucial to TRG (it also has five in the US and 57 franchises elsewhere around the world).
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Interviews
Standard Bearers: meet the dream team behind London’s slickest new hotel
Trendy US-owned hotel group The Standard is hoping to rip up the rulebook of high-profile hotel dining with its debut European hotel.
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News
Miami Burger turns supplier after restaurant closure
Vegan health-oriented concept Miami Burger has reworked its business model to focus on foodservice supply, after closing its Reading restaurant.
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News
Doughnut Time lines up further site
Doughnut Time has lined up a new site near Chancery Lane tube station. The operator has taken the former Charles Tyrwhitt retail unit at 307-308 High Holborn, for an imminent opening.
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News
Esquires Coffee founder Doug Williamson departs
Esquires Coffee founder director Doug Williamson has left the business, to be replaced by Aiden Keegan who becomes UK CEO, MCA understands.
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News
Recommendation for ‘pub relief’ on alcohol duty
The ability for pubs to claim back a proportion of alcohol duty, through a new ‘Pub Relief’, has been set out as a recommendation in a new report on reforming alcohol duty in the UK.
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News
KPMG updates on Patisserie Holdings administration
Patisserie Holdings administrator KPMG does not expect to realise any value from the company’s subsidiaries, and has yet realise any money from freehold property or claims against third parties.
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News
Wetherspoon slices 20p off price of Ruddles
JD Wetherspoon (JDW) has reduced the price of a pint of real ale by an average of 20p.
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News
Greene King lfls fall across Pub Company in Q1
Greene King’s Pub Company arm has seen like-for-like sales (lfls) fall by 1.8% for the first 18 weeks of the new financial year, to 1 September, however the past seven weeks saw a 1.5% uplift.