All MCA Insight articles in April 2014 – Page 2
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News
M&B appoints new marketing director
Mitchells & Butlers (M&B) has appointed Catriona Kempston, currently sales & marketing director for Travelodge, as its new marketing director, M&C Report has learnt
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POD reports like-for-like growth
POD has reported a strong trading performance over the first quarter of the year and further strengthened its management team with appointment of a new marketing director
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News
D&M begins search for new chairman
Drake & Morgan, the Bowmark Capital-backed group, has begun the search for a new chairman, after former backer John Connell stepped down from the role
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Jack: Sales momentum to continue at JDW
A leading analyst has said that next Wednesday’s Q3 IMS from JD Wetherspoon should be good with like-for-like sales momentum continuing for the group
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Adnams eyes 'major' brewery project
Adnams, the Suffolk brewer, pub operator and distiller, is considering undertaking a “major project” to enhance its “brewing capacity and flexibility”
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News
Brewhouse & Kitchen extends funding call
Brewhouse & Kitchen, the Enterprise Investment Scheme (EIS) venture led by ex-Convivial Pubs chief executive Kris Gumbrell, has extended its latest fundraising call to 16 May
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News
Greene King loses tax appeal
Greene King, the brewer and pub operator, has lost an appeal relating to its tax avoidance scheme and could be forced to pay back roughly twice the amount of tax it tried to avoid
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News
Noma reclaims World’s Best Restaurant title
René Redzepi’s Danish restaurant Noma has reclaimed the title of S. Pellegrino World’s Best Restaurant, with last year’s winner El Celler de Can Roca taking the number two spot
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News
Inglenook adds five pubs
Inglenook Inns & Taverns, the Lancashire-based pub group, has continued its expansion by adding five Punch leaseholds to its estate, M&C Report has learnt
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News
Grind in discussions for future sites
Grind, the independent London-based espresso bar, is actively looking for more sites for its coffee bar concept following the upcoming opening of a second site in Soho, M&C Report has learnt
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Analysis & Insight
Inside track: Trading concerns
Leading analyst Geof Collyer of Deutsche Bank lays out his concerns regarding the current trading environment, and focuses on confusion of offering – is it a pub or a restaurant; site availability, site saturation and rent inflation; and couponing and the online threat
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News
Soho House confirms White City plans
Soho House has confirmed it has signed a deal with Stanhope, the property developer, to operate a club at the former BBC Television Centre in White City in west London
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Ex-Convivial brewer sets up brewpub
Conor Donoghue, the former master brewer at Convivial pub group, has set up a microbrewery in a London pub to serve craft beers alongside beer-inspired British food
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Baskin-Robbins signs new Cineworld deal; eyes expansion
Baskin-Robbins hopes to secure a further 80 high street locations across the country over the next five years, M&C Report has learnt, as the ice cream shop operator announces an extension to its deal to operate at Cineworld cinemas
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News
Locals Club acquires first pub
New pub company Locals Club has acquired its first pub in London and plans to open three to four more pubs in the next five years, M&C Report has learnt
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News
SMEs support transparency in lending
Fleximize, an alternative finance company, has published research stating that 65% of SMEs believe banks should be forced to provide details of SMEs they have rejected for funding to alternative lenders
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News
Dunkin’ Donuts builds UK pipeline
Dunkin’ Donuts, the doughnut retailer and cafe chain, has signed up a third franchisee who will open 25 sites over the next five years as has secured several new outlets for openings over the coming months, M&C Report has learnt
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News
Market Place owners secure second site
The owners of the long-running Market Place Italian restaurant in Chelsea have acquired the lease of a restaurant in South Kensington to open a sister to the original site
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News
Scottish leisure veteran acquires Beanscene chain
Stuart McKenzie, the Scottish leisure entrepreneur, has acquired the 10-strong Beanscene coffee chain and the Fifi and Aly cafe businesses from Fiona Hamilton
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News
MWB removes foie gras from menus
MWB Holdings, the owner of Hotel du Vin and Malmaison, has become the latest UK operator to remove foie gras from the menus at its 28 hotels and restaurants nationwide following a campaign by animal rights charity PETA