All MCA Insight articles in August 2024 – Page 4
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Analysis & Insight
Out-of-home occasions up year-on-year
Dinner participation was up by 1.3ppts during the second quarter of 2024, driving its day-part share of total eating and drinking market occasions, analysis by Lumina Intelligence has found
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News
Punch Pubs appoints new CEO as Clive Chesser steps down
Punch Pubs’ current chief operating officer Andy Spencer has been appointed as its new CEO, replacing Clive Chesser, who leaves next month to become CEO at The PureGym Group.
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News
BrewDog to launch in Northern Ireland
The Scottish brewer will open its first bar in the region at Belfast’s Grand Central Station
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News
ASA bans Just Eat advert
Following a complaint, the delivery company argued its Facebook ad featuring McDonald’s burgers was targeted to users over the age of 18
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News
Pasta Evangelists to make transport hub debut
The Barilla-owned fresh pasta concept will open at Manchester Airport as part of plans to roll out 20 pasta bars over the next five years
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News
McDonald’s to open 200 restaurants across UK&I
Part of a £1bn investment by the chain and its franchisees, the new stores will be rolled out over the next four years as McDonald’s celebrates 50 years in the UK
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Analysis & Insight
Pubs deliver 4.9% growth in July
Pubs were hospitality’s strongest performing segment due to the 2024 Euros, while restaurants and bars saw steep declines, according to the CGA RSM tracker
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Opinion
The outlook for hospitality M&A
The improvement in trading and financial performance over past months has increased the likelihood that we will see more M&A. Dominic Walsh explores the outlook for Oakman Group and Amber Taverns among others
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News
EG on the Move rolls out Cinnabon
Recent openings include the Bullring in Birmingham and in Livingston, Scotland, with Brent Cross Shopping Centre in London to follow, as well as more outlets in Scotland
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News
Honest CEO joins Espresso House
Thomas Kelly, who remains at Honest Burgers as chairman, is leaving to run the Nordic 500-strong premium coffee shop group
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News
Nando’s launches School Leavers campaign for second year
The 15-month syllabus includes training on customer service, team leadership and personal development, while providing opportunities to learn alongside Nando’s experienced team members in-restaurant
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Analysis & Insight
Summer of sport drives 11% increase in pub spend
The Paris Olympics, Euros and Wimbledon drew additional consumers to UK pubs and bars this summer, with the number of transactions up by 9%, research by payment company Dojo has shown.
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Interviews
Blind Tiger Inns reaches 20 sites, with plans to grow
The North West wet-led community pub operator has the funds and people in place to add a further six sites to its estate, and is exploring opportunities with private landlords as competition from the larger pubcos grows
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News
Papa John’s franchisee doubles estate
Chatha Franchises, which is mostly London based, has grown to 18 sites, as Papa John’s refranchises 60 stores
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Analysis & Insight
QSR now most popular eating and drinking out channel
Quick service restaurants have overtaken coffee and sandwich bars to reach a 28.3% share of total occasions in the eating out market, according to Lumina Intelligence
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News
Rick Stein’s restaurant company back in the black
Stein’s Trading is looking to expand its restaurant portfolio and is actively seeking a site in Central London
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News
Calls grow for allergy tsar after teen died after drinking Costa hot chocolate
Last week an inquest found there was a “failure of communication” between the coffee shop staff in Barking and Hannah Jacob’s mother
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News
Wingstop UK celebrates 50-site milestone
Following the opening of its 50th site today in Bolton, the group has confirmed at least six further locations planned for the remainder of 2024
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News
Subway convenes ‘emergency’ meeting with franchisees
Subway reportedly called a virtual conference with its North American franchisees last week amid concerns over declining sales and profitability
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Opinion
The way we produce food is stuck in a deep furrow
Hospitality needs to play an important role in a new narrative on the food we ask our customers to eat, argues David Read, founder and chairman of Prestige Purchasing