All MCA Insight articles in April 2015 – Page 3
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NewsSpirit H1 managed lfls up 1.5%
Spirit Pub Company has reported a 1.5% increase in like-for-like sales across its managed division, with net sales up 4.5% and EBITDA up by 6% to £59.8m
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NewsB&L eyes smaller format opening
Burger & Lobster, the Goodman-owned, London-based group, is eyeing the opening of smaller version of its Smack Deli – Lobster Roll format after securing a A1 site in Soho, M&C Report understands. The group has secured the Chew site at 58 Dean Street for an opening later this year under ...
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Analysts on Whitbread update and search for new CEO
Leading analyst Simon French at Cenkos has said that the departure of Andrew Harrison as chief executive of Whitbread probably delays any decision on the demerger of Costa
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Analysis & InsightCorn Exchange leads Manchester rental levels
The Corn Exchange Manchester is the premier location for restauranteurs in the city, according to new research from Colliers International
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Dishoom lines up site four
Dishoom, the all-day Indian cafe concept, has lined up a fourth opening in central London
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NewsChipotle goes GMO free
Chipotle has announced it has become the first major US restaurant chain to make that switch to a menu free of genetically modified organisms (GMO)
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Jack issues Buy for RBG
Leading analyst Douglas Jack at Numis says he expects Revolution Bar Group (RBG) to add five sites each year from 2017 to bring reach 140 venues in 16 years with an initial weighting towards Revolución de Cuba
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Marco Pierre White's Norfolk pubs for sale
Marco Pierre White’s group of four pubs in Norfolk have been placed on the market for sale individually or as a group acquisition
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ALMR launches late night manifesto
The Association of Licensed Multiple Retailers (ALMR) is launching its 2015 Late Night Manifesto to promote the UK’s late night entertainment scene
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Devon bakery to add cafes
Otterton Mill, the Devonshire food destination and visitor attraction is launching artisan bakery-cafes later this year in Exeter and East Devon
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Beer Academy reports 20% uptick in course participation
Beer educational provider The Beer Academy has reported a 20% increase in bookings of its beer appreciation courses after a renewed interest in beers and a reworking of its programmes
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Downing to raise £20m for Pub Fund
Downing is seeking to attract new operating partners as it looks to raise between £20m and £40m through EIS.
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NewsPapa John's links up with ice rink
Papa John’s, the pizza franchise group, has announced a deal with Planet Ice leisure group to open outlets at ice rinks in Milton Keynes, Uttoxeter and other UK Planet Ice locations.
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NewsBrewDog announces details of new sites
Scottish brewery and operator Brewdog has announced its latest site openings
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Harvey Nicholls to open Brasserie in Birmingham
Luxury retailer Harvey Nichols has announced its collaboration with high profile chef Glynn Purnell, to bring a luxurious all day dining offering to Harvey Nichols’ new store that is due to reopen in Birmingham in July
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Clevely and Page to leave Young’s
Young’s has announced that non-executive directors Rupert Clevely and David Page are to step down from its board
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Analysis & InsightRestaurants lead UK’s high street renaissance
Catering outlets including restaurants are the only category of chain operator to have seen unbroken growth in UK branch numbers over the last seventeen years, according to a new study by CBRE. It found that restaurant and food outlet numbers are now 258% higher than in 1998 thanks to an ...
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NewsWhitbread FY lfls up 6.5%; Harrison to step down as CEO
Whitbread has announced a 6.5% rise in full year like-for-like sales and announced it has commenced a succession process with current chief executive Andrew Harrison set to retire by the end of its next financial year
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Analysis & InsightDrinking out spend grew faster than eating out in March
Growth in drinking out spend in March outstripped that of eating out for the first time in the history of the Greene King Leisure Tracker.