All MCA Insight articles in September 2022 – Page 2
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News
McDonald’s Restaurants see strong profit uplift
The UK business achieved profit after tax of £113m for the year to 31 December 2021, compared to a loss of £19m in 2020, with like-for-like sales up in 2022
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Analysis & Insight
‘Being sustainable is an ongoing journey’
Both Nando’s and Rare Restaurants are working toward a target of becoming net zero by 2030, but the work doesn’t stop there, MCA’s Restaurant Conference heard
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News
Des Gunewardena to leave D&D
D&D London’s chief executive Des Gunewardena is to step down from his role at the restaurant group, with co-founder, COO and deputy chairman, David Loewi appointed as interim CEO.
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News
Pret’s Guy Meakin to speak at Omnichannel Foodservice Conference
The interim MD will provide an exclusive presentation on the brand’s business transformation at the inaugural event
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News
Itsu’s Ganan Kanagathurai to present at new Omnichannel Foodservice Conference
The business’ UK CEO will give an exclusive presentation detailing Itsu’s expansion into different channels at the event on 9 November
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News
Pub and restaurant groups see share value plummet
Escalating energy costs combined with the impact on the economy from the government’s mini-budget has sent share prices tumbling further down
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News
Flat Iron appoints interim people director
Former Big Table Group HR director Claire Clarke joins the London restaurant group following a three-month stint as interim people director at Loungers
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News
Incipio achieves ‘all-time high’ turnover
The bar group recorded turnover of £14.9m for the 52 weeks to 26 December 2021, compared to £6.3m in 2020, and remains commmited to expansion within Greater London
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News
Downing acquires The Pub People Group
The investment manager has acquired the group and merged it with its existing investment in Autumn Pubs, with a view to expanding the combined business
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Interviews
JKS: ‘There is plenty still to do in London’
The restaurant group is always looking to push the boundaries and challenge themselves with different venues and cuisines, CEO Jyotin Sethi discussed at MCA’s Restaurant Conference
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News
Just Eat appoints former UK MD as CCO
Just Eat is to expand its management board, with its supervisory board having nominated Just Eat’s UK former MD Andrew Kenny to serve as chief commercial officer.
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News
Creams launches partnership with Tesco
Creams Café has announced a partnership with Tesco, which will see it open dessert parlours within the footprint of two of its supermarkets.
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Article
October 2022
MCA’s October edition features in-depth analysis and commentary on the eating and drinking out sector. The new issue includes industry reaction to the government’s energy support package, initial coverage of MCA’s Restaurant Conference 2022, and a feature on the importance of offering the right kind of benefits package to employees. There is also insight from Lumina Intelligence on future growth prospects for pubs and bars, and opinion from MCA’s regular industry commentators: Peter Martin, Dominic Walsh and David Read. This month’s edition is also packed full of exclusive interviews with The Restaurant Group, City Pub Group, Hawksmoor, Rekom UK and Chipotle, among many others. To view the October edition, please click here.
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Interviews
David Campbell: PizzaExpress restructure ‘great for everyone’
The former CEO discussed the turnaround job at the casual dining chain at MCA’s Restaurant Conference
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News
NTIA: ‘Our industry is in survival mode’
The Night Time Industries Association has warned against the devastating impact of rail strike action this October
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News
Mitchells & Butlers: food sales continue to drive growth
Like-for-like sales rose significantly for food but dropped for drink, with an overall decline of 0.9% compared to 2019
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News
Ivy revenues surpass £200m
The restaurant group achieved a turnover of just over £200m, up on £198.7m in 2019, and plans to open seven new sites this year
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Interviews
Shepherd Neame: ‘The ambition is there to scale our retail business’
Growth will come through a mixture of tenanted conversions and selective acquisitions, CEO Jonathan Neame has told MCA.
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News
PizzaExpress’ Zoe Bowley to speak at MCA’s Omnichannel Conference
The PizzaExpress MD will discuss the brand’s omnichannel strategy at the inaugural conference on 9 November
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News
Brasserie Bar Co appoints group property director
Ed Little, formerly property director at RedCat Pub Company, will join the group on 5 October