All MCA Insight articles in September 2022
View all stories from this issue.
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News
Fat Hippo launches breakfast offering
The 17-strong group says it is the first national casual dining burger brand to offer breakfast outside of an airport setting
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News
2,000 small businesses fail to receive appropriate energy discounts
Energy provider EDF has admitted certain business had not received the correct discount on their bills
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Analysis & Insight
Delivery and takeaway continue to plateau
December 2022 sales were twice their pre-Covid levels but 2% behind December 2021 – the 14th month in a row of year-on-year decline, according to CGA
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News
Ian Horrox returns to D&D
Ian Horrox, previously HR director at D&D London, has returned to the restaurant group as chief operating officer
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News
ETM Group reports return to EBITDA profitability
The 13-strong London-based operator reported a turnover of £21.6m in the year to February 2021, and a return to EBITDA profitability of £2m
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News
Mitchells & Butlers sees profits recover
Excluding utilities, Mitchells & Butlers has reported profits have broadly recovered in the year to September 2022, with a total revenue of £2,208m
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News
Gail’s to debut in Northwest
Gail’s Bakery will open its first store in the Northwest in Wilmslow, Cheshire, in early 2023, with further locations to be announced in the new year
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News
Further strikes announced
The RMT union has announced additional strike dates, starting 6pm on Christmas Eve until 7am on 27 December
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News
SSP Group announces return to profit
The operator has announced its results for the year ended 30 September 2022, with recovery in passenger demand and a shift in focus towards North America and Asia
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News
Mitchells & Butlers appoints ops director
Jo Crump, formerly of Prezzo and Punch Taverns, has been appointed operations director
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News
Various Eateries confirms interim CFO appointment
James Darwent has been confirmed as interim CFO, with current CFO and director Oli Williams stepping down today
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Analysis & Insight
Foodservice Price Index shows inflation nearing 20%
Food and drink price inflation was at a record high of 18.8% in September, according to the CGA Prestige Foodservice Price Index
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News
Whitbread announces profits beyond pre-pandemic levels
The Premier Inn operator has reported a rise in profits in the first half of the 2023 financial year, with revenue up by 25% on H1 FY2020
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News
Various Eateries reports sales ahead of market expectations
The Coppa Club and Tavolino operator has reported sales at £40m for the year ending 2 October, along with plans to further grow its estate
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News
Hospitality Rising launches recruitment campaign
The recruitment campaign has launched after raising £850,000, and hopes to continue in the coming years
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News
Chopstix’s Jon Lake and Pizza Pilgrims’ Thom Elliot to speak at MCA’s Omnichannel Conference
Operators including Chopstix Group and Pizza Pilgrims will appear at the conference on 9 November
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News
McDonald’s: ‘The business is unrecognisable’
The fast food chain had already embarked on its journey with technology before the pandemic, but rapidly evolving consumer trends set a new pace of change, COO Gareth Pearson said
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News
Individual Restaurants launches new Piccolo format
The operator of the Piccolino, Riva Blu, and The Restaurant Bar & Grill brands has opened three restaurants under its new Italian concept
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News
Caravan to take first steps outside London
Group CEO Laura Harper-Hinton speaks about embarking on a new expansion strategy and growing the offer at MCA’s Restaurant Conference
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Analysis & Insight
Lumina Intelligence: Pubs continue to be cornerstone of UK life
Value for money is increasingly important to hard-hit consumers, presenting operators with new opportunities, Katie Prowse, senior insight manager, Lumina Intelligence writes