All MCA Insight articles in December 2024 – Page 4
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News
C&C Group appoints new CEO
The drinks group has named Roger White as its next chief executive. He will take over from Ralph Findlay on 20 January 2025.
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News
Immersive Gamebox seeks buyer
The competitive socialising concept has appointed Begbies Traynor as it enters into administration, but has a pipeline in place for future growth
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News
Everards delivers strong performance
Turnover increased to £36.2m and was accompanied by a rise in operating profit, albeit the pub operator and brewer warned of ‘material impact’ resulting from the Budget
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Analysis & Insight
Eating and drinking out market KPIs strengthen
Market penetration increased by 3.5ppts to 59.8% - led by improved consumer confidence as well as a weak comparative period, according to Lumina Intelligence
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News
McWin Capital in talks to acquire Gail’s
McWin Capital Partners is in talks to buy Gail’s Bakery, as it looks to pre-empt a sales process for the premium neighbourhood bakery chain, Bloomberg has reported.
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News
Honi Poke: ‘Consumer demand is giving us the confidence to expand’
The 22-strong poke bowl business believes there is “a lot of potential for growth”, and is targeting 15 new sites over the next 12 months, co-founder Vladimir Martynov tells MCA
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News
SSP plans India IPO for Travel Food Services
India is a strategically important market for SSP, which intends to build on its market-leading position to capitalise on opportunities in the fast-growing travel market
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News
Bold Street Coffee expands reach with subscription service
The coffee shop chain has launched a new delivery service following the successful opening of its fifth site in Manchester
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News
Sacha Lord to address House of Commons ahead of business rates reform
In a hearing today, the Non-Domestic Ratings Bill Committee will look at the long-term implications of the government’s proposed reforms
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News
New food & drink director at Liberation Group
The pub operator and brewer has appointed Alice Bower to the newly created role, in response to success in growing its food offer across the business
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News
Yolk to launch coffee subscription
Launching in January, its tiered subscription service, Yolk BrewClub, will be available across its nine sites in central London.
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News
Domino’s among bidders for Wingstop UK franchise
The pizza delivery business is among several bidders interested in acquiring the Wingstop UK franchise, in a deal which could value the QSR business at £400m, the FT has reported.
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News
Spanish vegan brand Plant Shack planning UK debut
The fast casual vegan brand, which operates six sites across Spain, signed a franchise deal with entrepreneur, marketer and investor Michael Vosc to open its first UK outpost in London
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Analysis & Insight
Latte sees significant uplift in sales
Sales of the classic coffee drink are up 174% year-on-year and now dominating menus, according to data from Vita Mojo, although there are alternative local preferences dependent on location
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News
D&D London to exit Leeds
The Calveton and Breal Capital-owned restaurant group is to close its remaining Leeds site, Angelica and Crafthouse, following a “comprehensive review” of the business.
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News
Franco Manca continues with UK expansion
The Fulham Shore-owned business has just opened its debut in Liverpool, a further London restaurant and is about to launch new concept Super Club Roma this week.
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News
Night time economy staff fear job cuts
The majority of employees (75%) working in the night time economy are fearful that the impact of the Budget could lead to job cuts or reduced shifts, a new poll by the NTIA has revealed.
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News
Tortilla revenue forecast to exceed expectations
The fast casual Mexican restaurant group said the revised forecast followed the continuation of strong sales recovery for the UK business, which has been further accelerated by the successful implementation of its ‘Vital 5’ strategy