All MCA Insight articles in November 2024
View all stories from this issue.
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News
David Loewi to step down as D&D CEO
Loewi, who co-founded the restaurant group with Des Gunewardena, will transition to a role as advisor to the board after 30 years with the business - with particular emphasis on international expansion
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Analysis & Insight
Brands can drive profitability through value message
Value is not about price, it is the experience you provide to your customers, MCA’s Restaurant Conference heard
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News
Cooks Coffee delivers 36% rise in store sales
Like-for-like sales in the UK were up 6.3% for the Esquires operator, as development in suburban areas and smaller market towns gained further momentum
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News
Inflation figures ‘ominous warning’ ahead of April cost rises
UKHospitality is urging to government to rethink its changes to employer National Insurance contributions to keep a lid on inflation
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News
Mr Bao founders formalise business as 6 of 1 group
The founders of London restaurants Mr Bao, DaddyBao and Master Bao have formalised their group under the name 6 of 1, ahead of plans to develop new concepts
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Analysis & Insight
F1 Arcade focuses on scale and optimisation
With seven venues across the UK and US, the Formula 1-inspired competitive socialising concept is honing in on the guest experience as it continues to grow, according to CTO Gavin Williams
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News
The Alchemist to step up overseas expansion
Following the bar group’s success in Berlin, it hopes to have a site open “further East” next year, CEO Simon Potts said at the Peach 20/20 Leaders Summit
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News
New MD at Vapiano UK
Lloyd Bloom, who previously served as COO - Bella Italia at The Big Table Group, has joined Vapiano as managing director
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News
Deliveroo launches ‘Right to Ride Safely’ campaign
The delivery company, backed by the GMB union, is calling on the government to include better protections for delivery riders in its upcoming Crime & Policing Bill
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Interviews
KFC: ‘There is still tremendous opportunity for growth’
The fried chicken brand is looking to ‘step-change growth’, through innovation, enlarging its footprint, and new formats, with a multi-million-pound investment planned to upgrade its restaurants, MD Meg Farren tells MCA’s Restaurant Conference
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News
Albert’s Schloss London delivers 18 record weeks of trading
CEO Roy Ellis said the newest site under the group’s four-strong Bavarian bier palace concept is “pretty much going the way we hoped it would”
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Analysis & Insight
Like-for-like growth remains below inflation
Britain’s top managed hospitality groups achieved year-on-year sales growth of just 0.6% in October, according to the latest CGA RSM tracker
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News
YouMeSushi aims to double in size
The 26-strong fast casual sushi chain is seeking new franchisees
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News
In pictures: Flat Iron unveils design project behind Manchester restaurant
The steak restaurant group made its regional debut in Deansgate’s Royal London House this summer following a project to uncover the original fabric of the former retail unit
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News
Oakman ends strategic review process
Announcing the sale of two of its high value premium pubs to McMullen’s, Oakman Group said it will now focus on investing in its existing sites and paying down debt, CEO Peter Borg-Neal tells MCA
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News
North Brewing founders to concentrate on bar business
North Brewing Co’s founders John Gyngell and Christian Townsley are stepping down from the brewery to concentrate on growing their nine-strong North Bar business.
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Analysis & Insight
Returning consumers, renewed priorities
Consumers are returning to the eating and drinking out market and are spending more when they do, despite waning confidence in the wake of the Budget, Flora Zwolinski, senior insight manager, Lumina Intelligence writes for MCA.
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Analysis & Insight
Tax rises in Budget hit consumer confidence and will impact pay growth
Consumer confidence has dropped as households feel the outlook for the economy and their own personal finances has worsened, with pay growth also due to be hit, according to reports by S&P Global and Goldman Sachs
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News
BrewDog shuts Mumbai bars
The brewer and bar operator had plans to open 100 bars in India but has shuttered its two flagship sites following challenges in the market, it has been reported
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Analysis & Insight
Marston’s has potential to outperform market
The pub group has shown solid progress over the year, “beating street expectations on all fronts” – trading momentum, margin expansion and de-leveraging, according to analyst JP Morgan Cazenove.