All MCA Insight articles in May 2024 – Page 7
-
NewsMarston’s outperforms market
Like-for-like sales growth stood at 7.3% in H1 2024, with pub operating profit growing 22% for the 1,395-strong pub operator
-
NewsGreggs reports strong progress across channels
Delivery sales, evening trade, and participation in the Greggs app all supported transaction volume growth, with total sales of £693m in the first 19 weeks of 2024
-
InterviewsPizza Pilgrims: ‘People haven’t abandoned eating out’
The Neapolitan pizza group’s cover like-for-likes are up on 2019 levels, with both eat-in and delivery sales holding up strongly as it reports record revenue, co-founder Thom Elliot tells MCA
-
InterviewsBangers: ‘There’s an opportunity for premium breakfast in London’
The founders of the fledgling breakfast concept see potential to expand its reach across the capital, as early signs show strong demand for its first dine-in site in Shoreditch
-
OpinionAre we responsible for what our diners choose to eat?
Hospitality operators are still reluctant to be seen to intervene when it comes to the foods and other ‘edible substances’ they serve customers, argues Prestige Purchasing chairman David Read
-
NewsExperiential concepts to drive pub and bar turnover growth
Brands such as Flight Club, Boom Battle Bar and NQ64 continue to demonstrate resilience and are expected to see robust growth in 2024
-
Analysis & InsightHospitality leaders remain cautious amid improved consumer spending
Business confidence has been weakened by pressure on wage costs despite signs of recovery in the sector, according to CGA
-
NewsAdnams sees 11% sales uplift
The Suffolk-based brewer and pub operator attributed growth to increasing volumes in beer and spirits, with a strong contribution from both its on-trade and off-trade business
-
NewsRudy’s Pizza eyes North East cluster
Mission Mars has identified a site in Newcastle for the Neapolitan pizzeria concept as it looks to build the brand’s presence, by deploying a cluster strategy in underrepresented areas
-
NewsTurnover rises 21% for Gordon Ramsay Restaurants
As the group prepares to make its biggest hospitality investment yet at 22 Bishopsgate, it reported 12 months of positive like-for-like sales in the year to August 2023
-
NewsShepherd Neame granted Royal Warrant by King
The independent family brewer and pub company, which has a long association with the Royal Family, said it was “incredibly proud” to be among the first businesses to recieve the honour
-
NewsBrewDog IPO ‘not on the immediate horizon’
Outgoing CEO James Watt, who is burnt out after running a large company, said his skillset is as a builder rather than a manager
-
NewsSoho House sees substantial membership growth
The private members club has seen a 20.4% increase in membership revenue, whilst in-house revenue saw a slight downturn year-on-year
-
NewsPizza Pilgrims gears up for Scottish and Welsh debuts
The pizzeria group is opening a further four sites this calender year, in Euston, King’s Cross, Cardiff and Edinburgh, as it reports revenues of £28.7m for 2023
-
InterviewsPunch Pubs sees ‘more stable’ operating environment
This has resulted in strong EBITDA growth in Q2 2024, with more to come, according to CEO Clive Chesser and CFO Steve Dando
-
Weekend PressSake takes UK by storm as Japan’s national drink goes mainstream
No longer just drunk for courage at karaoke clubs, the ‘food-friendly’ rice spirit is becoming a first choice of connoisseurs, The Observer reports
-
Weekend PressHow businesses can deal with Gen Z employees
Young entrepreneur Tim Armoo believes old school management techniques need to change, not the attitude of Gen Z
-
Weekend PressBritish pubs are recovering from years of closing time
A revenue revival and the reopening of some locals show that an old institution is adapting, the Financial Times reports
-
Weekend PressMichel Roux Jr: ‘Restaurants may only open three days a week because staff won’t work the hours’
Ahead of his new restaurant opening, the chef talks closing Le Gavroche and why he’s struggling to find staff post-pandemic
-
NewsDishoom and Moto win Sunday Times Best Places to Work awards
Moto was recognised as the best place for work for people aged 55+, while Dishoom was awarded best place to work for ethnic minorities