All MCA Insight articles in April 2015 – Page 7
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Analysis & Insight
Are you ready to take off?
Seasoned investors who were once wary of unproven concepts are now beginning to take a chance on new ideas. Here David Roberts of Olswang gives his top tips for getting the funding required to get a new concept off the ground
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News
KFC and Pizza Hut grow system sales in UK
Yum! Brands has reported that KFC system sales grew 5% in the UK during the first quarter while Pizza Hut was up 3%.
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News
Lancashire shopping centre seeks F&B operators
The Freeport Fleetwood shopping centre in Lancashire is seeking a food and drink operator for a c.13,000ft venue which is currently occupied by La Petit Four.
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News
Falling chef student numbers causing skills gap
Declining numbers of students choosing full-time chef programmes or courses is exacerbating the challenge hospitality companies find when trying to fill kitchen vacancies
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News
Ravello adds fifth site
London coffee shop group Ravello has opened its fifth London site marking its City debut at Angel Court near Bank
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News
Vianet:H2 trading has been satisfactory
Vianet Group has said that trading for the second half of the year has been satisfactory as anticipated
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News
Rockfish on track for £1m EBITDA
High-profile chef Mitch Tonks told M&C Report his restaurant company is on track to report its first million pound EBITDA in the next 12 months as he prepares to open a fourth Rockfish restaurant serving the freshest available fish
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News
Chipotle breaks $1bn sales barrier for single quarter
Sales at Chipotle broke the $1bn barrier for the first time in a single quarter in the three months to the end of March
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News
Bottled ales on track for £1bn a year value by 2020
The premium bottled ale category is on track to be worth £1bn a year by 2020 as off-trade beer sales outstrip those in pubs, new research has shown.
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News
Subway opens 500th non-traditional site
Subway has reached another milestone as it announced that it now has more than 500 stores open in non-traditional locations in the UK & Ireland
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News
SIBA grows to 800
The Society of Independent Brewers (SIBA) has grown to 800 members and targeted a further 20% growth over the next year.
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News
Punch core estate lfls up 0.5% in H1
Punch Taverns has reported a 0.5% rise in like-for-like income in its core estate for the 28 weeks to 7 March 2015 and EBITDA down from £108m for the period last year to £105m this year.
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Analysis & Insight
Consumers loosening their purse strings
UK shoppers have started to loosen their purse strings and are enjoying dining out and spending on breaks abroad again
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News
BrewDog to raise £25m for next stage of growth
Scottish brewer and bar operator Brewdog is launching its fourth round of fundraising to raise £25m by issuing 526,316 New B shares for the next 12 months.
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News
Andrew Guy joins Bulldog board
Ed’s Easy Diner chief executive Andrew Guy has been appointed non-executive chairman of coaching inns operator Bulldog Hotel Group.
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News
Which? launches super-complaint over supermarket pricing
The consumer body Which? has launched a “super complaint” over “confusing and misleading” supermarket prices.
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Analysis & Insight
Confidence in disposable income highest in over three years
Consumer confidence around household disposable income was at its highest in over three years in Q1 2015, according to the latest Consumer Tracker from Deloitte
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News
Fulham Shore board agree Franco Manca deal
The board of Fulham Shore has agreed the acquisition of the Franco Manca pizza chain for c£27.5m.
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News
Brains CEO: Pubs can learn from coffee shops
Scott Waddington, the chief executive of SA Brain, has told M&C Report pubs can learn lessons from coffee shops on how to entice customers back from the off-trade.