All MCA Insight articles in August 2024 – Page 2
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NewsDavid Coffer dies at 76
Dubbed ‘Mr Leisure’ by the property world, he built Davis Coffer Lyons into the most influential property agency in restaurants, Peter Martin writes in a tribute
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Analysis & InsightSupermarkets go upmarket to take on Pret
Greencore boss Dalton Philips told The Telegraph his supermarkets are demanding higher quality sandwiches amid intense competition to lure returning office workers
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InterviewsBrakspear: ‘We’re seeing more opportunities come into the market’
The 125-strong pub operator looks to add high quality assets to both its tenanted estate and Honeycomb Houses vision, CEO Tom Davies tells MCA
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Analysis & Insight‘Disruptive and unhelpful’: how a new raft of wage increases will lead to price rises for consumers
The new Labour government wants to ensure “that the minimum wage is a genuine living wage.” But what impact will this have on a sector still reeling from cost challenges, and are there any unlikely upsides for businesses?
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InterviewsTonkotsu looks to cross 25-site mark
The ramen specialist will continue building its presence in London and nearby cities as it plans to open its 18th location in Bristol, founder Emma Reynolds tells MCA
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NewsHydes continues to ramp up annual turnover
The North West-based brewer and pub retailer achieved record turnover for the 2023/24 financial year of £39.3m – up £5.2m on the previous year.
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NewsBill’s sees EBITDA up 51% in 2024
The Richard Caring-owned restaurant group has been building on the record sales performance in delivered in 2023, with a 3.4% increase in like-for-like sales achieved in the first half of this year
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Analysis & InsightAlways time for a snack in QSR
Mealtimes are blurring, dayparts are broadening, and opportunities are now being snatched up by those thinking outside the box, writes Egg Soldiers’ Tom Gatehouse
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Analysis & InsightIs beer the new treat? How pubs need to pivot to retain changing consumers
The future of alcohol consumption is shifting to quality over quantity - and it’s important that pubs and bars pivot to cater for this, writes Lumina’s Flora Zwolinski
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NewsSushiDog hires Richard Morris as NED
The former Tortilla CEO, who left the burrito brand earlier this year, joins the sushi roll concept as it plans mutiple site openings
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NewsBoulebar achieves new sales record
The 13-strong experiential concept, which debuted in London last year, announced £9.9m in net sales in H1 2024
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InterviewsPasta Evangelists rollout ‘defies expectations’
The Barilla-owned fresh pasta business will open in Greenwich, Chiswick, Manchester, and Guildford following the success of its Richmond location, co-founder Finn Lagun tells MCA
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NewsBrakspear acquisitive despite hit to profitability
Underlying EBITDA declined from £11.2m, to £10.9m in 2023, but CEO Tom Davies is pleased with its performance and actively looking to acquire sites
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NewsPrezzo sees return to profitability
Profit after tax at the Cain Interational-basked chain was £5.5m for the year ended 31 December 2023, compared to a loss of £31.6m the prior year
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NewsBill’s to return to expansion trail
The Ricard Caring-owned restaurant chain is looking to open “hybrid” versions of its traditional restaurants and new cafe concept, following record sales
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NewsPizzaExpress achieves strong lfls in 2023, but profits turn to loss
PizzaExpress UK & Ireland achieved 8.3% like-for-like growth last year, but “stubbornly high inflation” impacted profits, with a total loss after tax of £7.5m for the group
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NewsWhy big-name restaurants are abandoning tasting menus
The apogee of Michelin-star opulence or an endless faff of fussy dishes? Top chefs explain why they’re switching back to a la carte
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NewsCineworld threatens to rip out seats if landlords reject rent cuts
Local councils are among the owners facing losses ahead of a High Court verdict on whether the operator can restructure the UK business
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NewsGen Z don’t want to talk to waiters, says Bill’s boss
MD Tom James says younger customers prefer ‘communicating through their phones’
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NewsNon-alcoholic Guinness ‘could end up outselling original
Guinness owner plans to sell booze-free version on draught across UK pubs