All MCA Insight articles in September 2024 – Page 5
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NewsPho sales top £70m
The TriSpan-backed Vietnamese restaurant group achieved like-for-like sales growth of 5.2% in FY24, with two openings in the pipeline
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EventsJeremy King returns to the Restaurant Conference
The veteran restaurateur will speak to delegates about the allure of all-day grand cafés, why he strives for egalitarianism in his restaurants, and the third act of his illustrious career
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring Urban Pubs & Bars, Pasta Evangelists, Popeyes, PizzaExpress, and more
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NewsPure to expand reach through retail, catering and wholesale
CEO Spencer Craig said the healthy food-to-go chain is unlikely to go for national expansion through bricks-and-mortar, instead growing the other aspects of its business
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NewsKaren’s Diner UK arm enters into administration
The Australian restaurant chain, which is famous for staff who are deliberately rude to customers, has reported ‘mounting financial pressure’ resulting in the closure of its UK operations
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NewsChaiiwala signs deal with EG Group
The agreement will see Chaiiwala significantly expand its drive-thru estate over the next three years, as the Indian street food concept looks to pass the 400-site mark
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NewsSigh of relief over resolution of rail dispute
Members of the Aslef train drivers union have backed a pay deal drawing a line under strike action that is estimated to have cost hospitality businesses £3.5bn in lost sales
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Analysis & InsightSectors grows sales by 'lacklustre' 1.3% in August
It was the second successive month of below-inflation growth, with bars continued a long run of negative numbers with a drop of 9%, according to the CGA RSM Hospitality Business Tracker
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NewsChipotle focusing growth on greater London
The fast-casual Mexican brand opened its 20th UK restaurant this month and has increased its UK footprint by nearly 82% over the past 18 months, Jacob Sumner, director, European operations at Chipotle tells MCA
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Analysis & InsightVeganism: Is there more to its stagnation that meats the eye?
While sustainability and healthy eating have returned strongly as priorities in 2024, veganism has failed to regain its mojo. Katie Gallagher of Lumina Intelligence delves into the data to find out why
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NewsTikTok to share recipe for standout social content at Hostech
Rameez Al Aghbar,QSR lead at the rapidly growing social media platform, will share his thoughts on how marketers can win on social at the conference next month
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NewsHostmore files for administration and suspends listing
The TGI Fridays operator said a sales process for its corporate stores remains ongoing, but Hostmore is unlikely to recover any value for its ownership
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OpinionFinding the right questions is the key to agility
When leaders are pressured to have all the answers, they can all too easily stay within the bounds of what they know, David Read, founder and chairman of Prestige Purchasing warns
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NewsGreene King to launch new experience-led dining destination
HighTales will open in Stoke-on-Trent following a multimillion-pound refurbishment to create ‘experience-led’ zones, including cinemas and pop-up food trucks
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InterviewsComptoir Group: ‘We’re starting to see the sales come through’
The Comptoir Libanais operator is beginning to see the success of its investments into the business as it explores further opportunities for growth, CEO Nick Ayerst tells MCA
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EventsPhil Howard to take the stage at Restaurant Conference
The chef will detail the journey behind his pasta bar concept Notto as part of an innovation session, along with Yard Sale Pizza’s Johnnie Tate and Singapulah operator Ellen Chew
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NewsWells & Co COO to depart amid restructure
Shirley Couchman’s departure is a “joint decision that comes as part of restructuring efforts to align the business with the current market landscape,” CEO Peter Wells tells MCA
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InterviewsInception Group: ‘We have plans to expand Cahoots network’
Co-founder Charlie Gilkes talks to MCA about the scalability of the concept, the development of Mr Fogg’s taverns, and why he believes corporates are back in a big way
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InterviewsArc Inspirations considers new smaller format
The bar group is exploring acquisition opportunities and new concepts as it looks to reach the 50-site mark by 2030, while upping the experience-led elements of its business, CEO Martin Wolstencroft tells MCA
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NewsChopstix to make European debut
The QSR operator is to open a Chozen Noodle unit on the ground floor of the food court at Romania’s Bucharest Henri Coandă International Airport later this month.