All MCA Insight articles in April 2014 – Page 7
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News
Breeden to launch darts format venture
Adam Breeden, the former chief executive of All Star Lanes, is planning to launch a new darts-based restaurant and bar concept in London, called Flight Club
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NewsCote eyes 200 sites, looks overseas
Cote, the French brasserie chain, aims to grow to 200 sites before expanding overseas, joint managing director Harald Samuelsson has told the Daily Telegraph
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Analysis & InsightLeisure spend falls in event-less March
British households spent 6% less on drinking out in March than in February, but slightly more on eating out, according to the latest Greene King Leisure Tracker
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News
West Cornwall Pasty Co appoints new chair
West Cornwall Pasty Company, the majority of which was acquired out of administration earlier this month by investment fund Enact, has appointed turnaround specialist Chris Peck as its new executive chairman
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NewsPeach looks for new FD as it eyes expansion
Peach Pub Company has announced that it’s searching for a new financial director as it looks to add two pubs and reach a turnover of £23m by the end of this year
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NewsUK helps lift McDonald's in Q1
Positive sales in the UK helped to lift McDonalds’ comparable sales in Europe by 1.4% in the first three months of 2014
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News
Fall in binge drinking linked to decline in violent crime
A fall in binge drinking has been cited as a reason for a fall in violent crime in England and Wales
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NewsIntertain’s Miller joins Novus
Sarah Miller has stepped down as head of HR at Intertain to join rival late-night operator Novus Leisure as its new HR Director
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News
Confidence returns to restaurant property market
Restaurants sold by Christie + Co in the early part of the 2014 are selling at more than of 90% of the asking price on average, reflecting growing confidence in the market, according to the property agent’s head of restaurants Simon Chaplin
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NewsPatisserie Holdings plans IPO
Patisserie Holdings, the parent company of the Patisserie Valerie chain, has announces plans to proceed with an initial public offering and said it has identified a further 250 potential new UK sites
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News
ULG to open Farringdon site
Urban Leisure Group (ULG) will open a seventh site in the capital this summer, after securing the Kench & Bibesy unit in Farringdon
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NewsJack expects 'strong update' from Greene King
Leading analyst Douglas Jack says he expects a “strong update” from Greene King next week, with a “good chance of upgrades”
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News
Take school children to the pub for lunch, urges minister
Serving school children their school lunches in a pub will help preserve community inns by helping struggling pubs and feeding children “really good quality food”, says Brandon Lewis, the community pubs minister
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NewsTesco to stock Harry Ramsden’s-branded products
Harry Ramsden’s, the iconic fish & chip shop group, is trialling the sale of a range of chicken products at Tesco stores under a new brand extension called Harry Ramsden’s at Home
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News
Sustainability expert to launch ethical restaurant
Jamie Grainger-Smith, a restaurant consultant who has advised Jamie Oliver and The River Café on their sustainability credentials, is opening a bar and restaurant in King’s Cross that will serve ethically sourced British food within an environmentally conscious setting
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News
Harveys reinvest cost savings profits
Harveys, the East Sussex pub operator and brewer, will be re-investing the £1.1m operating profit gained in 2013 from the sale of two properties last year in acquisitions and refurbishments of existing pubs
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NewsBurns reiterates Buy for TRG
Leading analyst Karl Burns has reiterated his Buy recommendation for The Restaurant Group (TRG) after the company announced the disposal of its stake in Living Ventures’ Gusto business
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News
Arran Brewery expands following fundraising
Arran Brewery, the Scottish brewer, is planning further fundraising after allocating £160,000 to expand its brewery on the Scottish isle and to build its export business to the US, M&C Report has learnt.
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News
Black Country Ales acquires ex-Punch pub
Black Country Ales, the Gornal-based micro-brewer and pub operator, has bought the Swan pub in Halesowen, near Dudley, from Punch Taverns following a campaign in the town to prevent the sale to a supermarket chain
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News
Young managers run £1m+ turnover pubs
Most pub managers under 30 are running businesses with a turnover of more than a million pounds, with fewer than three years training to gain the position, according to a survey by Pub & Bar Careers Perceptions