All MCA Insight articles in September 2024 – Page 10
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Newsitsu: pipeline of big sites ‘reflects our confidence’
The healthy eating brand is increasingly bullish about opening prominent city centre sites, and is currently on-site in four or five, CFO Greg Thorp and CMO Neil Miller tell MCA
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InterviewsMJMK Restaurants: ‘It’s about being best in class’
Founders Marco Mendes and Jake Kasumov speak to MCA about driving spend at Casa do Frango, launching Fonda and AngloThai, and how KOL continues to go from strength to strength
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Analysis & InsightBranded restaurants forecast to see 4.3% turnover growth
Polarisation in the market persists, with premium brands such as Dishoom, Miller & Carter and The Ivy Collection continuing to thrive, Lumina Intelligence says
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NewsBerisha steps down from Wolseley Hospitality Group
During his two year tenure as CEO of the up-scale restaurant collection previously known as Corbin & King, Baton Berisha oversaw the launch of Manzi’s in Soho and The Wolseley City
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NewsTortilla appoints new MD for French business
Eric Wauthier-Wurmser, formerly of Groupe Le Duff, will oversee 13 company-owned stores and 18 franchised locations recently acquired from Fresh Burritos
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NewsRevolution announces completion of restructuring plan
The Revolucion de Cuba and Peach Pubs operator made the announcement this morning, with a total of 1,267,768,705 new Ordinary Shares admitted to trading
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NewsShake Shack actively pursuing new sites
The group, which recently opened its 17th UK location in St Pancras, reported £49m in sales in 2023 and is encouraged to continue expanding due to an improved trading landscape
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NewsMegan’s sees return to profitability
The all-day restaurant group has achieved a record £29.6m in revenue, up nearly 12% year-on-year, as it continues expanding outside the capital
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NewsNew VP of business development at Rhubarb Hospitality Collection
The premium hospitality group, which operates the F&B offer at venues including Royal Albert Hall and Sky Garden, has appointed Tom Crocker to the role
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InterviewsPapa Johns UK: ‘We went from profit-making to loss-making overnight’
UK managing director Chris Phylactou says the pizza business is in a “much better place” after acquiring 116 struggling stores, closing 43, and re-franchising 60
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NewsOrigins 1450 acquires The Gentlemen Baristas
The Qima Coffee parent company will build upon its UK footprint after acquiring The Gentlemen Baristas’ two sites and 12,000 sq ft roastery
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Analysis & InsightBusiness confidence continues to wane
Hospitality leaders’ confidence in their own business’ future prospects has fallen again – down four percentage points to 49%, CGA by NIQ’s latest Business Confidence Survey has found.
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Analysis & InsightBarclaycard flags ‘sweet treat economy’
Consumers continue to spend on affordable luxuries like baked goods despite trying to cut back, according to the latest Consumer Spend report
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NewsAtis lines up eight further sites
London salad bar concept Atis has eight further site openings confirmed as it looks to build its presence in the capital, co-founder Eleanor Warder has told MCA.
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Analysis & InsightCoffee, cocoa and potato prices likely to remain inflated
Operators should account for concerns over beef production, cod quotas, and the impact of extreme weather on commodities while planning festive menus, warns Lynx Purchasing
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InterviewsWatchHouse sets ambitious growth agenda
CEO Roland Horne speaks to MCA about reaching 300 sites in the long term, launching a franchise programme, and fighting the ‘chain’ perception as the coffeehouse group celebrates its 10th anniversary
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Analysis & InsightFreshly dressed: the vibrant new generation of salad pioneers
MCA explores the evolution and growth of the high street salad bar, and how the freshest players are capitalising on the trends for health and global flavours to create concepts with ambitious expansion plans
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ArticleSeptember 2024
MCA’s September edition features in-depth analysis and commentary on the eating and drinking out sector. In this month’s cover story, writer Simon Brooke considers the possible costs of the Labour government’s policy on wages, and we report on the rise and subsequent fall of Pret’s popular coffee subscription. The edition features insight from Lumina Intelligence on why attracting Gen Zs and retaining millennials is key to the future of pubs and bars, while Egg Soldiers explores how major QSR brands are increasingly breaking away from traditional daypart offerings and into snacking. The edition also features interviews with The Big Table Group’s CEO Alan Morgan on overcoming the popular misconception that the Frankie & Benny’s brand doesn’t exist, Wingstop CEO Chris Sherriff on how it is prioritising social interaction with customers over transactional experiences, Pizza Hut UK MD Nicolas Burquier on resetting the brand, and chef and pub owner Tom Kerridge on how government help is needed if the pub sector is to survive. Regular industry commentators Peter Martin, Dominic Walsh, David Read share their views on sector issues, including the recent protests against Gail’s, the prospect for upcoming M&A and why education is needed on the future of food.
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NewsXP Factory confirms three new locations
Acquisitions for Boom Battle Bar franchise sties in Wandsworth and Aldgate were completed in May 2024 and Bournemouth in June 2024
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NewsClive Watson backs new cricket concept
The City Pub Company founder has joined forces with brothers David and Glen Nash, and Michelin-starred chef Atul Kochhar, to launch Sixes Growth