![Zizzi_Sainsburys_RusticaMargherita[1]](https://d36hgjhwuw81py.cloudfront.net/Pictures/274x183/4/2/1/343421_zizzi_sainsburys_rusticamargherita1_806300.jpg)
All MCA Insight articles in November 2019 – Page 8
-
OpinionHang on to your margins
Prestige Purchasing chairman, David Read, discusses ways in which operators can maintain, and even improve, food and drink margins, even in inflationary times.
-
NewsTough times as spending shifts to the weekend
I was struck by a couple of recent comments from Mark Derry, the chief executive and chairman of Brasserie Bar Co., when he said that while spend was holding up, the business had noticed a definite shift in visits towards the weekend, as the early week visits are the first to go when times are tough. This prompted me to have a look at MCA’s Eating Out Panel (EOP) data on daily spending behaviour trends and see what insights were apparent.
-
NewsYo! opens first ‘To Go’ format in Manchester
Yo! has opened its first ‘Yo! To Go’ concept at Piccadilly Station in Manchester. Like the recently opened Yo! Kitchen, the new fascia dispenses with the kaiten belt and introduces interactive touchscreens for customers to order food. The menu is designed for takeaway and will feature sushi, ...
-
NewsCreams reveals jump in sales and profits
Creams has released its results for the year to 31st March 2019 as well as a trading update covering the first half of the Group’s FY20 financial year. It said sales were up 37% to £40.1m and pre-tax profits increased 76% to £1.6m. It also opened 21 cafes during the year and served 4.5m customers. It now has 89 cafes in total after three other openings to date this year. And delivery sales through Deliveroo, Just Eat and Uber Eats now represent 14% of sales.
-
-
NewsSlim Chickens to open sixth site in Bristol
Boparan Restaurant Group will open its sixth Slim Chickens site at Bristol’s Cabot Circus later this month. It comes two years after the brand launched in London and more restaurants are planned in key cities in 2020. “We are really excited to be opening our new restaurant in Bristol, Cabot Circus,” said CFO Tom Crowley. “We have had a fantastic response to our brand and our chicken in the locations we have opened so far and we hope to create more “Slimthusiasts” with the amazing people of Bristol with our new restaurant.”
-
Analysis & InsightRunning the halls
Lower rents for operators, more choice for customers – food halls are being heralded as a win-win model for the eating out sector, writes Tony Naylor.
-
NewsCalls for NICs to be scrapped
UKHospitality has suggested scrapping employer National Insurance Contributions (NICs), on the first £12k of earnings, as it fears jobs will be lost otherwise.
-
NewsHonest Burgers lines up St Paul’s site
Honest Burgers has lined up an opening in Paternoster Square, on the former site of Ernest Jones, MCA understands.
-
NewsWarrens Bakery to open at Gatwick with SSP
Warrens Bakery is to open a second airport site, this time at Gatwick Airport as part of a new partnership with SSP.
-
NewsArmstrong joins Gather & Gather
Former Patisserie Holdings director of operations Julie Armstrong has joined contract catering company Gather & Gather as head of operations, MCA understands.
-
NewsFlight Club founders announces parent company Red Engine
Flight Club founders Steve Moore and Paul Barham have announced the launch of parent company Red Engine which will oversee the darts concept and forthcoming second brand Electric Shuffle.
-
NewsInn Collection confirms £6m Sunderland pub with rooms
The Inn Collection Group has confirmed its next site, a 40-bedroom pub on Sunderland seafront.
-
NewsBababoom launches fundraise for 20-strong rollout plan
Kebab restaurant concept Bababoom is launching a fundraising drive to support its target of reaching 20 sites by 2024, MCA can reveal.
-
NewsSoho House UK reveals £18m losses
Soho House UK, the Richard Caring-backed business, made a loss of £18.1m in 2018, new accounts show.
-
NewsHow McDark represents the future and the past for McDonald’s
In the least surprising news since it emerged that too much fast food makes you fat, McDonald’s has opened its first dark kitchen. Expect KFC to do the same, soon.
-
NewsCreams tests the water on savoury options
Dessert chain Creams has made the move into savoury options for the first time, with a trial menu launched at a selection of its sites.
-
NewsCaring sells £200m stake to former PM of Qatar
Richard Caring has sold a 25% share of his business empire Caprice Holdings, which includes The Ivy, private members’ club Annabel’s and restaurant Sexy Fish, to the former prime minister of Qatar, Hamad bin Jassim bin Jaber Al Thani, for £200m.
-
NewsShake-up at McDonald’s after Easterbrook fired
Steve Easterbrook has been fired from his role as chief executive and president of McDonald’s Corporation after admitting he had a consensual relationship with a colleague – a violation of company policy.
-
NewsMarston’s confirms deal with Admiral on pub disposals
Marston’s has announced that it has reached an agreement for the disposal of 137 of its pubs to Admiral Taverns, for £44.9m.