All MCA Insight articles in April 2014 – Page 12
-
NewsCharterhouse reveals target regions
Coal Grill & Bar operator Charterhouse Leisure will focus on the M4 corridor, the West Midlands and the north west for its expansion, chairman James Horler has told M&C Report
-
News
Strada trims estate
Strada has exited what is believed to be its third outlet in under two months as it disposes of a west London site to the operators behind the Hare and Tortoise restaurant concept
-
NewsMeatliquor eyes further expansion
Meatliquor, the fast-casual concept led by Yianni Papoutsis and Scott Collins, is planning to roll out its meat and cocktail-based restaurant to Glasgow and Newcastle within the next 12 months, The Daily Telegraph reports
-
NewsSABMiller FY UK volumes grow 5%
SABMiller, the global brewer, has reported a 5% rise in volumes in its UK arm Miller Brands for the 12 months to 31 March, citing “strong performance throughout the year” from Peroni Nastro Azzurro
-
News
Firms' suppliers should also shun zero hours contracts: MPs
Companies that have committed not to employ staff on zero-hours contracts should ensure their supply and distribution chain does that same, according to a new report from MPs in Scotland that concludes such contracts should not be used in most cases
-
News
Mint Leaves eyes expansion
Mint Leaves, the quick service Indian food concept, is in talks to roll-out franchises to multiple sites at high footfall sites including motorway service stations by the end of the year
-
News
Late Easter flattens March retail figures
Retail figures for March are down 1.7% on a like-for-like basis compared to 2013, which has been attributed to Easter falling in April not March causing a distortion in the data especially for the food and home categories
-
Opinion
Keeping track of the flyers
This year’s Zolfo Cooper Profit Tracker highlights the fact that those high-quality operators that made the right calls during the downturn are perfectly placed to reap the benefits in any upturn in the general economy, writes Mark Wingett
-
News
Hospitality colleges benefit from People 1st scheme
Hospitality colleges that have enrolled on the skills development charity People 1st’s accreditation scheme, in association with the Hospitality Guild, have seen increased revenue and higher quality of applicants to the courses, the group has said
-
News
Didix acquires two UK dining gift card companies
Didix, Netherland-based gift card and leisure promotion company, has acquired UK Gourmet Society, a subscription based dining club, and Restaurant Choice, the restaurant gift voucher scheme provider
-
News
TGI unveils step-change menu
TGI Friday’s, the Karen Forrester-led restaurant group, has unveiled its new menu choices that demonstrate a step-change in its offerings
-
News
Fuller's buys two London riverside sites
Fuller’s, the London brewer and pub operator, says it continues to seek new acquisition opportunities after buying two freehold sites on the bank of the River Thames
-
NewsZolfo Cooper Profit Tracker - the results
M&C Report, in partnership with Zolfo Cooper, the leading financial advisory firm, has created the Profit Tracker to chart the growth of the most successful privately-owned operators within the vibrant pub, restaurant and quick-service sector
-
Analysis & Insight
Yorkshire restaurants least likely to go insolvent
Yorkshire’s hospitality sector has enjoyed a significant boost over recent months, with the regions’ restaurants now outperforming the rest of the country, according to data from insolvency trade body R3
-
OpinionQ1 trading overview
M&C Report talks to major pub, bar and restaurant groups about trading in the first quarter of 2014. The consensus is that Q1 was as good as or better than expected, and operators are largely optimistic about the year ahead
-
NewsCharterhouse targets expansion as FY EBITDA grows 13.2%
Charterhouse Leisure, operator of the Coal Grill & Bar brand, has reported a 13.2% rise in company EBITDA to £727,000 for the year to the end of February and said it plans to grow from six to about 24 sites over the next three years
-
Weekend Press
Weekend press round-up, 12-13 April
Company results and news Punch Taverns brings in independent restructuring specialist Punch Taverns, Britain’s second biggest pubs group, has brought in an independent corporate restructuring expert to aid long-running discussions over its £2.3bn debt mountain. Dean Merritt, from Talbot Hughes McKillop, is representing the companies that issued Punch’s debt, amid ...
-
NewsTGI Friday’s UK FY lfls rise 3.6%
TGI Friday’s UK has reported a 3.6% rise in like-for-like sales in the 52 weeks to 29 December 2013 and said its most recent openings are performing “in excess of expectations”
-
News
West Cornwall Pasty Company sold in pre-pack deal
More than 200 jobs have been saved after Enact, the £7.5m SME fund launched by private equity house Endless, agreed to acquire 35 West Cornwall Pasty Company outlets and stores, together with the brand
-
NewsM&C20 suffers record fall as leisure stocks slide
The M&C20 suffered the biggest fall of its 11 month history, as shares in leisure sector stocks plunged 3.6% this week