All MCA Insight articles in September 2023 – Page 7
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News
Stonegate receives backlash for dynamic pricing move
CAMRA chief executive Tom Stainer called the move ‘troubling’, while Loungers chairman Alex Reilley said the pubco was being criticised for its transparency
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News
Wendy’s confirms six more openings
The Ohio-based QSR chain will open in Derby, Leeds, Peterborough, Guildford, Cambridge, and Middlesborough as part of its nationwide expansion
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News
Big Table Group appoints head of concept development
Johanna Selin, previously of M&S, Wagamama, and Pret, has been appointed to the role as the group takes on TRG’s Leisure brands
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Analysis & Insight
Big Table takes on ‘substantial risk’ with TRG Leisure estate
Following the payment of a £7.5m ‘dowry’ to take on The Restaurant Group’s Leisure business, MCA explores the challenges facing The Big Table Group as it’s tasked with turning around the loss-making estate
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Interviews
Bob & Berts: ‘We are building a very strong pipeline’
The Northern Irish coffee shop chain will focus on building brand identity in England over the next twelve months whilst continuing to invest in technological innovation to elevate the customer journey
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Analysis & Insight
Washout summer boosts indoor venues
Managed restaurants were up 8.6% on August 2022 as consumers chose indoor venues, while pubs saw a 4.9% rise, according to the Coffer CGA Tracker
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Analysis & Insight
Heatwave and Rugby World Cup boost weekend pub sales
Warm weather over the weekend grew pub sales, with an extra 13 pints sold in every pub compared to an average weekend
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News
Pizza Hut partners with Greens Retail
Greens has become the first convenience retailer to operate a Pizza Hut franchise in the UK, with an opening in Fife and more planned across Scotland
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Analysis & Insight
Gen Z staff don’t see long-term career in hospitality
Low pay and benefits as well as unsocial working hours were cited as key barriers to a long-term career in the industry for 16 to 24 year olds
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News
92 Degrees seeking £3m investment to fuel growth
The funding will support the specialty coffee shop and roaster’s expansion plans, which includes new stores in Liverpool, London and Manchester
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News
Relaxed rules on takeaway pints extended
The move will allow pubs to diversify when customers want to make the most of parks and other public spaces, according to the BBPA
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News
Stonegate introduces dynamic pricing during peak trading
Customers are being charged 20p more for a pint of beer over the weekend, to cover the costs of washing glasses, staff, plastic cups and door staff
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Analysis & Insight
Longer menus drive higher spend
Restaurant operators are introducing new, more premium main courses, while drinks prices are also being boosted, to mitigate the impact of inflation, according to Lumina Intelligence
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Analysis & Insight
TRG’s leisure disposal ‘removes poison pill’
The Restaurant Group’s offloading of its leisure business was hailed for its “strong strategic rationale”, while the sites “may do better” under The Big Table Group, according to analysts
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Interviews
St Austell: ‘We’re in good shape to deliver growth’
The pubco and brewer sees opportunities following its acquisition of Bath Pub Company, with 20% like-for-like growth in its managed estate, CEO Kevin Georgel tells MCA
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Interviews
Big Table to drive ‘strong improvements and synergies’ with Leisure acquisition
The group will find savings in the supply chain, overheads, and culture in its newly acquired business, CEO Alan Morgan tells MCA
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News
Various Eateries CEO steps down
Yishay Malkov will step down from his role as director and CEO with immediate effect, while executive chairman Andy Bassadone will continue to lead the group
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News
St Austell Brewery acquires Bath Pub Company
The deal will see St Austell take over the operation of four pubs in Bath and further grow its 184-strong West Country pub estate
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News
TRG announces sale of Leisure business to Big Table Group
The Big Table Group will take over the division, principally consisting of the Frankie & Benny’s and Chiquito brands, in a deal expected to complete in October - with TRG paying a cash contribution of £7.5m as part of the transaction
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News
Retailers warn against £400m business rates hike
A group of 44 high street firms has written to Chancellor Jeremy Hunt to warn against an inflation-based increase to business rates bills