All articles by Shwetali Sapte – Page 126
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Analysis & InsightInflationary pressures highlight economic disparity
The state of the economy has widened the gap between income groups, with lower-income consumers increasingly reducing discretionary spend, according to EY
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NewsWork-life balance increasingly important in hospitality
The sector needs to focus on both careers and lifestyle, and offer better benefits, said leading operators at MCA’s Pub Conference
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NewsSSP buoyed by travel sector recovery
The food and beverage concessions operator reported steady recovery, with revenue running at 87% of 2019 levels overall and UK revenue at 82%
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Analysis & InsightWetherspoon’s model could impede recovery
Combined with rising costs, its value-led proposition could hamper recovery, analysts said following the operator’s trading update
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InterviewsJDW: ‘We’re in as good a position as we’ve ever been’
Despite a slow recovery, the company is confident trade will bounce back, chairman Tim Martin told MCA
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Analysis & InsightStaffing shortages causing 16% revenue loss
Restricted trading hours due to staffing struggles, along with rising costs, are resulting in significant loss of revenue, according to UKHospitality and CGA
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NewsGDP up by 0.5% in May
Defying expectations of stagnation, the economy is now estimated to be 1.7% above pre-pandemic levels, according to the Office for National Statistics
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NewsWetherspoon: ‘recovery more laborious than anticipated’
Despite an improvement in sales since the last quarter, the company announced it is yet to return to pre-pandemic trading levels
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NewsBrewDog introduces transparency dashboard
The initiative aims towards increasing transparency and improving work culture following allegations against the craft beer powerhouse
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Analysis & InsightRestaurant spending sees year-on-year decline
Restaurant spend was down 3.3% in June compared to the same period in 2021, but saw a small month-on-month uplift, according to Barclaycard
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NewsThe pubs where fine food takes centre stage
Top chefs and bartenders in the pub and sector discussed demand for food-led pubs and the ready-to-drink market at MCA’s Pub Conference last week
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NewsPub sector shifts towards data-led approach
Punch Pubs & Co has gone from being a 25% data-led business to 75%, delegates heard in a panel session at MCA’s Pub Conference on the changes in operators’ approach to tech
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NewsOakman Group looks to leverage staycation trends
With trading up 11% in June, the company is optimistic about staycations, executive chairman Peter Borg-Neal told MCA
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NewsOpenings of the week
MCA rounds up this week’s biggest opening announcements, featuring BrewDog, Barrafina, Myungrang Hot Dog, and more
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InterviewsBrewhouse & Kitchen: ‘People still want something different’
CEO Kris Gumbrell spoke to MCA about premiumising and evolving the offering, as well as leveraging experiences and liquor margins
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NewsMcDonald’s, Costa and Roadchef in recycling scheme
The partnership will co-fund 65 recycling points across 30 Roadchef sites to increase cup recycling on the go
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Analysis & InsightWomen’s football to boost F&B sales by £761m
Hospitality venues and retailers are forecast to enjoy a £1.2bn boost during the EURO 2022 tournament, according to VoucherCodes
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NewsLiberation accommodation sales quadruple
The Channel Islands and South West pub operator and brewer is capitalising on a rise in staycations, CEO Jonathan Lawson told MCA’s Pub Conference
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NewsI am Döner signs franchise deal for Northwest
The multi-site deal with Optimum Group will take the brand to Merseyside and the Isle of Man, with first site opening in Liverpool this summer
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NewsGreggs launches first Eco-Shop
The new format in Northampton will serve as a test bed to trial sustainability solutions and initiatives