All MCA Insight articles in September 2024 – Page 6
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![Popeyes DT[1]](https://d36hgjhwuw81py.cloudfront.net/Pictures/100x67/3/4/9/335349_popeyesdt1_109352.jpg)
Analysis & InsightPark & serve: seen through the eyes of an operations specialist
Jay Heathcote takes a visit to Popeyes in Newport to road-test its park & serve offering, where he finds a service model that is still getting into gear, but has lots of potential as a drive-thru alternative
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NewsDomino’s announces hiring spree
The London-listed pizza group is looking to on-board 5,000 new drivers, in-store staff and pizza makers ahead of its peak trading period
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NewsThe tools for omnichannel success
PizzaExpress and Wasabi Sushi & Bento will share their expertise on the tech that can help make sense of data and build loyalty at MCA’s Hostech Conference next month
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NewsMarket Place to launch first central London location
The food hall concept plans to open near St Paul’s by Q2 next year, in a bid to reach 20 sites in the coming years, managing director Blake Henderson tells MCA
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NewsComptoir delivers strong revenue growth
The operator of Comptoir Libanais and Shawa achieved a 7.4% increase in group revenue for the six months ended 30 June 2024, to £15.9m, but saw an overall loss before tax for the year of £2.2m.
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NewsAdministrators ‘on standby’ at Hostmore
Restructuring experts at Teneo have been tasked with leading the search for potential buyers of TGI Fridays UK restaurants, The Telegraph reports
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NewsPret shareholders raise £250m of new capital
News of the raise, which will serve to reduce certain banking facilities and improve liquidity, comes as Pret reports strong sales growth of 10% for the six months to 30 June 2024, driven by global expansion.
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NewsCubitt House achieves 22% like-for-like sales growth
The uplift comes as the pub and restaurant operator reported £19.9m in revenue during 2023
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Analysis & InsightResearch indicates steady shift towards experiential venues
Three in five customers say they are more likely to visit a pub or a bar if it offers competitive socialising activities, according to CGA by NIQ
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Event NewsFive Guys’ John Eckbert on people, passion and innovation
The CEO will appear at MCA’s Restaurant Conference on 7 November and share his story behind successfully scaling across multiple cultures, geographies, and economies
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NewsHospitality faces ‘looming cliff edge’
The end of business rates relief will sting the sector with a £928m bill in April, totalling tens of thousands of pounds per venue, according to UKHospitality
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NewsArc Inspirations turnover nears £50m
The 21-strong bar group is actively pursuing opportunities in London, Cardiff, and Scotland, with four locations in the pipeline as it endeavours to reach the 50-site mark by 2030
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NewsKnoops plans 'controlled, profitable expansion'
The chocolate drinks retailer, which posted 2024 like-for-like revenue up 29%, is launching a £5m EIS fundraise on Crowdcube to fund upcoming openings in Belfast, York and Newcastle
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NewsHow the world’s smelliest fruit is making coffee more expensive
Prices like £5 in London for a cup of coffee may be unthinkable for some - but could soon be a reality thanks to a “perfect storm” of economic and environmental factors
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NewsScottish hospitality calls for talks over proposals to ban logos on pub glasses
The Scottish health secretary has been urged to consult further about possible curbs on alcohol marketing
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News‘Start of the chocolate revolution’: Knoops seeks £5m for global expansion
The chain looks to grow to 300 shops in the UK and then 5,000 stores worldwide as it aims to be the Starbucks of drinking chocolate
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NewsGavin George to step down as Laine CEO
The Laine Pub Company founder will transition to non-executive director within the wider Punch Pubs group, while Russell Danks will lead the management of the Laine division
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NewsDerwent London launches all-day café concept
DL/ Service will be open to the public across four of Derwent’s buildings in Fitzrovia, Old Street and Whitechapel
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, featuring Flight Club, Afrikana, Pizza Pilgrims, Lina Stores, and more
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NewsBusinesses warned over tips law change
Appointing a troncmaster does not remove the obligation on the employer to ensure that the method of distribution is fair and reasonable, according to accountancy firm Azets