All MCA Insight articles in May 2024 – Page 6
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News
Pizza GoGo reports strong sales growth
The group, which operates more than 100 stores across the Southeast, reported sales growth of more than 10% for the year to May 2023
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News
Roasting Plant appoints new CFO
The specialty coffee concept, which operates six sites across London, welcomes Derek Stewart as CFO as it looks to expand its footprint in the UK and abroad
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News
The Real Greek launches first retail range
The range launches in Tesco stores nationwide this month and includes customer favourites from the Greek-inspired concept’s restaurant menu
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News
Afrikana Kitchen: UK restaurant market ‘the best it’s ever been’
Managing director Matthew Wood tells MCA the chain could reach 50 sites in the next two to three years, with a focus on developing its kiosk format
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Interviews
White Rabbit: ‘Our pipeline in the UK proves we’re here for good’
As the specialist incubator and investment vehicle prepares to launch a range of F&B concepts in Lisbon, it continues to push forward with expansion in the UK - with a regional debut for Lina Stores on the cards, CEO Chris Miller tells MCA
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News
Liberation Group to launch new premium offering
Butcombe Boutique Inns aims to provide a unique, personalised, home-from-home stay in some of the UK’s most desirable locations
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News
Coffee and quick City lunch culture on the wane
As cost of living continues to drive significant consumer behaviour change, burger chains are benefiting as diners tighten their purse strings, while pizza chains are losing ground to their fast food rivals
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News
WH Smith launches own food-to-go range
Smiths Family Kitchen features 34 new products including sandwiches, wraps, burrito boxes and salads, and is pitched at “today’s travelling customer”
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Interviews
Marston’s growth driven by ‘low tempo’ occasions
Speaking to MCA after taking the reins at the pub company, new CEO Justin Platt discusses how lower ticket visits are proving fruitful for the community operator, the parallels between pubs and theme parks, and what his future strategy might look like
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News
Mitesh Patel joins Domino’s
Patel joins the pizza business as a non-executive director, after similar experience at Pizza Hut UK between 2018 and 2020
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News
Pizza Hut enters new category with cheeseburger melt
The new product, which is launching initially in America, ditches the bun and is instead wrapped in a pizza-style thin crust, which is intended to travel well and be easily hand-held
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Interviews
Greggs sees ‘compelling opportunities’ to build travel hub presence
Despite launches in key airports and train stations across the country, the retailer remains underrepresented in travel hubs - a key part of its growth strategy, according to CEO Roisin Currie
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Analysis & Insight
Hidden fees: ‘Too many brands are doing things from the spreadsheet but not the heart’
From dim sum chain Ping Pong to payment app Sunday, consumer frustration at ‘hidden charges’ in restaurants has been palpable – and hospitality leaders should be cautious of the resultant fatigue, industry commentators tell MCA
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News
Hospitality vacancies remain above pre-pandemic levels
Labour market stagnation shows a need to incentivise investment for businesses, according to UKHospitality chief Kate Nicholls
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Analysis & Insight
OakNorth ‘cautiously optimistic’ about market
With inflation falling, wage increases holding up, and around 27m people seeing their national insurance contributions cut, this has put up to £450 back into consumers’ pockets, according to the sector lender
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News
Fazenda reports record £27m sales
The premium rodizio bar and grill operator saw year-on-year growth of 34.4% in 2023, and is actively looking for opportunities within London and mainland Europe
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News
Buns from Home lines up five new openings
The London-based bakery chain will have grown from 6 sites to over 21 in just over a year, with its next opening set for Charing Cross Road in a weeks time
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News
Fulham Shore revenue nears £100m
The Franco Manca and The Real Greek operator remains optimistic, with financial headroom for further expansion, after it was acquired by Toridoll in July 2023
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News
Revolution Bars yet to receive suitable offer
The Revolution and Peach Pubs operator continues to explore the formal sales process alongside other strategic options that would deliver a financial return to shareholders
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News
Various Eateries drives sales through new openings
Executive chairman Andy Bassadone says the business will continue to prioritise the integrity of its brands over short-term financial gain, as its latest results see group like-for-like sales marginally down