All MCA Insight articles in September 2023 – Page 2
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NewsRedCat appoints new CEO
The Rooney Anand-chaired pub company has appointed former Greene King COO Richard Lewis, who replaces Phil Birbeck
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InterviewsGail’s: ‘We have a good run ahead of us’
The artisan bakery chain estimates it has white space for between 300-500 sites in the UK, according to managing director Marta Pogroszewska
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NewsM&B outperforms market in Q4
Like-for-like sales were up 9.7% in the fourth quarter, driven by sustained growth in food and drink volumes
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NewsHydes delivers record turnover
The Salford family brewer and pub operator grew sales by 20% in 2022/23 to £34.1m, despite challenging trading conditions
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NewsCôte appoints managing director
Ashley Hamilton, formerly of Liberation Group, Greene King and Wagamama, will report to chief operating officer Sarah Hills
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OpinionWFH, eating earlier - what’s going on with people?
The only consensus on the office versus work from home debate is the widespread recognition that a hybrid balance is here to stay, writes Peter Martin
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InterviewsShepherd Neame: Demand remains strong
The Kent-based brewer and pub operator forsees a period of significant investment in its 296 pub estate, after recording record revenue growth in the year to June.
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NewsPizza Express unveils 'biggest ever' retail revamp
The overhaul of the offer aims to bring the shop-bought product closer to the dine-in offering, with a new premium tier of ‘Restaurant Favourites’
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NewsXP Factory achieves double-digit like-for-like growth
The Escape Hunt and Boom Battle Bar operator reported £18.7m revenue in H1 2022, with like-for-like sales growth of c20% across both brands
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NewsTasty losses widen
The Wildwood and Dim T operator reported a 0.9% increase in revenue to £21.7m, with loss after tax increasing to £2.7m in H1 2022
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NewsShepherd Neame posts record revenue
The 296-strong Kent-based brewer and pub operator reported revenue growth of 9.7% to a record £166.3m, with an increase in underlying profits
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NewsBonchon to launch in UK
The Korean fried chicken brand, which has 420 worldwide stores in operation, has partnered with Christie & Co to bring its concept to the UK
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InterviewsHonest Burgers: ‘We have QSR firepower’
As the burger brand launches a crowdfund to support its new premium QSR concept Honest Smashed, CEO Frank Hayes explains how the new format is built for speed and maximum output to compete with the likes of Five Guys and Shake Shack
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Analysis & InsightStaycations boost pubs and bars despite wet July
Despite wet conditions, pubs and bars have seen a +2.1ppt boost in share as consumers prioritised social-led channels during the summer period
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Analysis & InsightMcWin could build cross-border Italian ‘super group’
Following McWin Capital Partners’ acquisition of Big Mamma - in a deal valuing the Italian restaurant group at £234m - MCA examines the fund’s background, investment strategy, and what it hopes to achieve with its portfolio of brands
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NewsTGI Fridays appoints people and culture director
Steph Williams joins the American-inspired restaurant chain from B&M Retail, where she spent 11 years as head of human resources.
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InterviewsBuzzworks targets Scotland’s central belt for next expansion phase
The bar and restaurant group will continue to target growth in Scotland’s towns and suburbs and aims to reach 30 sites by 2026, according to managing director and co-founder Kenny Blair
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OpinionRunning restaurants isn’t for everyone
The days of simply opening a new venue, serving good food and being rewarded handsomely are most certainly over, Prestige Purchasing chairman David Read writes
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InterviewsKibou shifts expansion focus to bigger city centres
Japanese restaurant chain Kibou is targeting large sites and high footfall locations as it looks beyond the South of England and Midlands, MD Sam Horswill tells MCA
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InterviewsComptoir Group: ‘We’re very positive about our future in QSR’
The Lebanese-inspired group is focusing on rolling out its shawarma concept Shawa and sees strong opportunities in the QSR space, CEO Nick Ayerst tells MCA