All MCA Insight articles in September 2024 – Page 8
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InterviewsClive Chesser: ‘Pubs will continue to reinvent themselves’
As he steps away from Punch Pubs & Co to join PureGym Group, Clive Chesser reflects on a personal and wider societal shift towards health and fitness, why he prefers balance over moderation, and how he believes the pub sector will always keep evolving
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NewsStarbucks CEO: ‘We weren’t always delivering’
In an open letter as he takes charge of the coffee giant, Brian Niccol says there are opportunities to improve overwhelming menus, inconsistent product, and long waiting times
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NewsCooks Coffee delivers 23% sales uplift
The Esquires operator further reported a strong pipeline of new stores to add to its 83-strong estate across the UK and Ireland
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Analysis & InsightPizza Hut Europe returns to profit
Profit before tax stood at £12.3m in 2023, comparing to a loss of £139.4m the prior year as the group undergoes a ‘brand reset’
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NewsJoseph Holt reports ‘steadily improving’ trading
The Manchester-based brewer and pub operator achieved £73.5m turnover in 2023, as it prepares to launch its new hotels arm
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NewsHostmore shares plunge 90%
The slump in shares means the company is valued at c£1.4m since it announced it has abandoned its takeover of the American TGI Fridays business
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NewsAdmiral acquires 18 pubs from Marston’s
The portfolio of wet-led establishments spans the UK, located in counties including Dorset, Derbyshire, and Yorkshire, and will bring Admiral’s estate to over 1,420 sites
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Analysis & Insight‘People are tired of the same old meal deals’: The contemporary sandwich concepts taking on Subway and Pret
MCA looks at the new concepts shaking up the market, from Sandwich Sandwich and Gerry’s Hot Subs to Dom’s Subs and Chatsworth Bakehouse
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NewsBlack Sheep Coffee achieving strong like-for-like growth
Same-store sales were up almost 13% last month, while the coffee shop operator has signed a franchise agreement for Northern Ireland, co-founder Gabriel Shohet tells MCA
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NewsSmashburger returns to expansion trail
The QSR brand, which is operated by Domino’s franchise MSG Group, is opening its first site since 2017 in Cambridge
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NewsKFC MD Meg Farren to speak at MCA’s Restaurant Conference
Farren will share her vision for the business as it nears £2bn in annual sales, including why the acquisition of more than 200 restaurants from EG Group represents a major opportunity
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NewsC&C Group trading in line with expectations
Net revenues are expected be down 3%, reflecting growth at Matthew Clark & Bibendum and the performance of its core and premium brands, offset by the disposal of its NAB business in Ireland
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NewsLuke Johnson joins board at Revolution Bars Group
The bar group has confirmed the appoinment of serial investor Johnson as non-executive chairman, following the retirement of Keith Edelman.
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InterviewsBunify looks to scale to 40+ sites
The fast food concept currently operates four London sites and is on the lookout for small high street units, according to advisor Paolo Peretti
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NewsPopeyes to launch franchise with EG on the Move
EG on the Move, the forecourts and foodservice business controlled by Zuber Issa, is advertising for jobs at a new Popeyes in Wakefield
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InterviewsParogon Group seeks to more than double estate
The Staffordshire-based is aiming to build a 25-strong estate within three years as it rolls out its all-day concept Willow, MD Richard Colclough tells MCA
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NewsHostmore abandons acquisition of TGI Fridays
Hostmore has abandoned its reverse takeover of the American TGI Fridays business, with TGI Fridays in the UK expected to continue its operations under new ownership.
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Weekend PressJeremy Clarkson: ‘Every customer in my new pub loses me £10’
The opening of the Farmer’s Dog has been a great success — apart from one small thing … Clarkson writes in The Sunday Times
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Weekend PressThe charming ineptitude of British hospitality
They may be amateurs, but they’re our amateurs, Tim Hayward writes in The FT
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Weekend PressWelcome to the age of the megapub as super Spoons comes to London
Traditional boozers with faded carpets and wooden stools are making way for cost-effective, purpose-built spaces, The Telegraph reports