All MCA Insight articles in September 2024 – Page 2
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NewsThe high stakes risks and rewards of the biggest ever Dishoom menu shake up
Co-founders and cousins Kavi and Shamil Thakrar are introducing 23 new and updated food dishes, as well as drinks, in an overhaul
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NewsClive Schlee to take helm at itsu
Schlee, former CEO of Pret a Manger, replaces Jason Cotta, who will leave itsu to take up another position later this year
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Event NewsMarketing specialists to share exclusive insights at MCA’s Hostech
Delegates will hear from marketing directors representing Hawksmoor, Heartwood Collection, and Comptoir Group, who will share their approaches to a rapidly evolving consumer and tech landscape
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NewsSwingers completes $10m growth capital raise
The experiential concept has seen success from its venues in New York and Washington DC, with upcoming locations in Las Vegas, Dubai, and Boston as it endeavours to reach a 15-strong estate by 2026
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring Arc Inspirations, Young’s, Ottolenghi, and more
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NewsThe landscape for restaurant M&A
Graeme Smith, managing director at AlixPartners, will explore the consumer and economic trends influencing deals at MCA’s Restaurant Conference
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Analysis & InsightAlcohol moderation on the up as young people prioritise health
The number of consumers drinking zero-alcohol or low-alcohol drinks has increased by 6% since last year, according to Drinkaware’s 2024 Monitor, with one in four 18-24-year-olds teetotal.
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NewsMeatLiquor acquires Covent Garden site
Meatailer Ltd has acquired the lease of former Asian fusion restaurant Circus, in Covent Garden, marking a return to the area for the burger restaurant business.
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NewsOff-trade delivers results for Adnams
The brewer reported turnover of £31.9m in its interim results, with growth across all channels except for the free trade business
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NewsDiageo ‘well positioned’ to outperform market
CEO Debra Crew said that while consumers continue to be cautious in a challenging global environment, the drinks giant is focused on becoming a more resilient business
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NewsJonathan Fearn joins Greene King as CFO
Fearn, formerly of Sainsburys, Tesco, and Coles Supermarkets, replaces Richard Smothers, who will support the business in an advisory role following his retirement
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NewsAll brands in growth at M&B
Mitchells & Butlers reports like-for-like sales growth of 5.2% in its full-year results, with sales growth remaining ahead of the market in Q4
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NewsIn pictures: Giraffe unveils new Manchester Airport venue
The new restaurant, designed in partnership with Harrison, marks continued expansion within travel hubs, with Giraffe now present in over 10 airports globally
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EventsKFC’s Jatin Chandwani returns to Hostech
The CTO will appear at the conference next month to discuss KFC’s journey to date, its future plans, and how he anticipates AI will transform the QSR segment
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InterviewsTortilla slowing down UK expansion to focus on profitability
CEO Andy Naylor tells MCA that while Tortilla will continue growing in the UK through its franchise partners, it has no current plans for new company-owned restaurants
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NewsBrewDog’s James Brown to join Prezzo
The BrewDog Bars CEO is stepping down after nine years with the craft beer business to join the Italian casual dining group as CEO
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NewsPopeyes’ Tom Crowley on brand’s meteoric growth
Nearly three years on from the US brand’s UK debut, Crowley will take to the stage at MCA’s Restaurant Conference to speak about Popeyes’ journey to 50 sites and counting, and why he’s determined to build something to be proud of.
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Analysis & InsightPizzarova: Genuine and authentic customer service
Operations specialist Jay Heathcote tips the Bristol-based sourdough pizza operator as one to watch, where he finds intelligent, effective customer service driving impressive volume across multiple sales channels
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NewsRumours of restrictions to licensing hours quashed
Warnings that the government is considering “tightening up the hours of operation” for pubs and bars have been described as “categorically untrue” by the Department for Health and Social Care
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NewsDishoom sees significant growth in underlying EBITDA
The Indian restaurant group reported a 41.9% rise in adjusted underlying EBITDA for the full year ended 31 December 2023, to £13.3m, in what was a strong period of growth for the business.