All MCA Insight articles in July 2024 – Page 11
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News
Nero Group posts record sales
The coffee shop operator reported sales of £544m in its 2024 financial year, with like-for-like sales growth of 8.4%
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News
Hawksmoor explores potential sale
As the steak restaurant group looks to grow internationally, investment bank Stephens has been hired to run a sales process and is speaking to potential buyers in a deal that could value the business at £100m
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News
Itsu looks to double estate
The Julian Metcalfe-led group is looking to strengthen its foothold in London, as well as grow its presence in new locations across the country with its ‘temple’ flagship stores
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Interviews
Nick Mackenzie: ‘We want to bring small business passion to Greene King’
The acquisition of Hickory’s has enabled Greene King to observe how the barbecue restaurant group operates as a smaller brand and the passion its people exude “day in, day out”
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News
Greene King invests £23m in new depot
The pub company and brewer has signed a 15-year long lease on a food and drink depot in Middleton, in partnership with logistics company GXO
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Interviews
How pubs are balancing profitability, people and planet
Operational emissions are the main focus for Fuller’s as the pub company aims to reach its net zero target, director of sustainability Ollie Rosevear told MCA’s Pub Conference
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News
James Williams to launch new London restaurant
The former head of finance at Tortilla will relaunch his modern izakaya concept, Apothecary East, next year
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News
Bistrot Pierre invests in ‘brighter future’
The French casual dining group has undertaken a brand review while rolling out a new concept, significantly improving future EBITDA
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News
Chestnut Group acquires wine specialist Bijou
This acquisition marks a step forward for the East Anglia-based operator and allows Chestnut to cater for much of region’s independent wine demand
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Analysis & Insight
‘Big day out’ missions drive spend for retail and leisure venues
Vendors have experienced an 11.5% drop in footfall since 2019; however, the amount spent by customers has climbed 29%
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News
In pictures: Wingstop UK’s largest site to date
The wing concept has opened a 5,000 sq ft restaurant at London’s Westfield Stratford City, marking a key milestone as it looks to open its 50th site this summer
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Interviews
Drake & Morgan on a creative approach to sustainability
Turning food waste into new products and keeping employees engaged has benefited the bottom line, according to director Graham Hall
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Interviews
Seoul Bird: ‘We fully embrace the challenges of growing’
Founder Judy Joo tells MCA she is actively seeking new sites in London, alongside the USA, Middle East and continental Europe
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Interviews
Greene King retention levels ’the best they have ever been’
Strengthening its strategy around diversity and inclusion and sustainability helped the pub group to achieve a 12% improvement in retention levels last year
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Events
Elevating the pub experience through sports
TNT Sports and TOCA Social discussed how the integration of sports viewing and activities can drive benefits at MCA’s Pub Conference