All MCA Insight articles in August 2024 – Page 6
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Analysis & Insight
Asian and barbecue flavours continue to drive menu innovation
The number one global cuisine is Italian, followed by Japanese, Greek, Portuguese and Chinese, according to AAK Foodservice.
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News
Train drivers reach agreement over pay dispute
The deal is a “crucial step forward” in ending two years of industrial action which has “severely impacted” the hospitality sector
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News
Urban Pubs adds to fast-growing estate with latest acquisition
The Herne in East Dulwich is the 44th site from the London-based pub and dining group, which has already added four London sites to its estate this financial year.
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News
UKHospitality calls for permanent rollout of skills scheme
The pilot delivered an 85% completion rate, with 80% of those finding employed in the hospitality sector, and has the potential to be “transformational”, chief executive Kate Nicholls says
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News
Carlsberg volumes hit by bad weather
Despite weaker than expected sales in Q2, and a volume decline in Western Europe, the Danish brewer is lifting its forecast for full year operating profit
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News
Swingers adds to international pipeline
The crazy golf concept will launch in Boston with Tavistock Restaurant Collection in 2025, following sites in Dubai and Las Vegas in 2024
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News
Crosstown launches concession with Waitrose
The supermarket is shaking up its food offer with the branded premium doughnut offering, which will be trialled alongside a new manned hot wok counter in partnership with KellyDeli
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Interviews
Holey crusade: Krispy Kreme’s mission to freshen up the brand
Krispy Kreme UK and Ireland president and CEO Jamie Dunning discusses the brand’s on-trend new doughnut range, prime new stores and grabbing the attention of Gen Z
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Analysis & Insight
So, what now? Labour’s approach to talent and growth for the hospitality sector
If economic growth is the new government’s central mission, improving local skills must to go hand-in-hand with resourcing talent from abroad to meet immediate and evolving demands, writes Charlotte Wills, partner at law firm Fragomen
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News
Albert’s Schloss co-founders to launch Detroit pizza concept
Detroit Slims will open on Manchester’s Oxford Road this autumn, with plans to expand the quick-service pizza restaurant concept nationwide
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News
Starbucks replaces CEO
Laxman Narasimhan is being replaced by Chipotle CEO Brian Niccol, after the coffee chain’s sales failed to meet expectations, and activist investor Elliot acquired a stake in the company
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Analysis & Insight
Post-work drinks shunned by Gen Z
The traditional after work pint is on the decline as a result of remote working and the rise of sober Generation Z staff, a report by the Work Foundation finds
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News
Chopstix takes first step into retail with cooking sauces
The leading Asian-inspired QSR brand has launched its ‘Wok Pot’ range into over 500 Iceland & Food Warehouse stores
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News
Honest Burgers reports record-breaking delivery sales
The Active Partners-backed better burger brand has grown delivery sales by 22% on a like-for-like basis over the last six months
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News
Birra Moretti overtakes Carling to become most popular draught lager
The Italian lager brand has seen sales grow by 9.6% over the past quarter, compared to the same period last year, CGA reports
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Analysis & Insight
Leading pub groups growing ahead of overall market
The top 10 pub groups by turnover are forecast to grow by 6.2% year-on-year – ahead of total pub market growth of 1.7%, Lumina Intelligence has forecast, with Loungers, Mitchells & Butlers and Wetherspoons leading growth
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News
Heartwood Collection acquires two pubs from Whitbread
The George & Dragon in Marlow and The Red Lion in Stratford Upon Avon will undergo multi-million pound refurbishments and sympathetic renovations in line with their listed statuses
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Analysis & Insight
Heatwave will help sell 7m extra pints
The British Beer & Pub Association estimates that the warm weather could generate additional turnover of £34.2m for pubs as customers flock to beer gardens
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News
Riots led to 10% drop in hospitality sales
The impact on sales in locations where rumoured protests were planned was as high as 40%, with swift action needed by insurance companies, UKHospitality says
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Analysis & Insight
Drinks sales up 7% as heatwave hits country
Sunday 28th July (+17%) and Monday 29th (+19%) experienced double digit growth vs the same period in 2023, according to CGA by NIQ’s Daily Drinks Tracker