All MCA Insight articles in April 2016 – Page 3
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Analysis & Insight
Promotions drive just 6% of eating out visits
Data from MCA’s Eating Out Panel has shown only 6% of consumers choose an establishment based on promotions, while healthy food choices prompt a similar percentage of visits.
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News
French: Inevitable that PE will seek to consolidate existing TRG operations
Leading analyst Simon French at Cenkos has said he thinks it is now inevitable that private equity will seek to consolidate The Restaurant Group’s existing operations
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Analysis & Insight
Patel: Brexit would be boost for UK hospitality
Speaking at yesterday’s ALMR Spring Conference, employment minister and prominent Vote Leave campaigner Priti Patel set out her case for why Brexit would benefit the UK hospitality sector:
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News
Lussmanns plans rapid expansion after Johnson investment
Andrei Lussmann has told MCA that Luke Johnson’s investment in his eponymous fish & grill concept will allow it to ramp up expansion, with plans to add up to four restaurants next year.
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News
Adnams: Underlying trends remain good
Suffolk brewer and pub operator Adnams has this morning reported that underlying trends across its business remain good
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News
Shake Shack teams up with Action Against Hunger
Shake Shack UK will kick off its third annual Great British Shake Sale benefiting Action Against Hunger on 1 May
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News
Heartstone grows lfls 3.8% in 2015
Heartstone Inns has reported its seventh consecutive year of like-for-like growth, up 3.8% for the year to December.
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News
The Ivy launches breakfast for the first time
The Ivy restaurant in London’s theatre land is set to open for weekday breakfast from Tuesday 10 May
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News
TRG launches review after further lfl sales slide
The Restaurant Group has reported a further deterioration in trading in its first quarter and launched a “comprehensive review” of its property portfolio, brands and site rollout.
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News
Deliveroo launches new pop-up kitchen concept
Deliveroo has launched a new pop-up kitchen concept RooBox, an off-site delivery kitchen initiative that will bring operators to areas with low restaurant supply
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News
Star to spend £2.4m on outside areas
Star Pubs & Bars is to spend £2.4m on improving outside areas at 100 of its pubs.
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News
Quarter of diners with allergies suffer reactions
A quarter of people with food allergies have suffered a reaction while dining out in the last year
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News
Four Sisters eyes London rollout
Andrew Green, former operations director at Euphorium Bakery, has said he hopes to grow his cocktail bar concept Four Sisters to around six sites in the capital before considering further expansion.
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News
Meatcure to crowdfund toward expansion
Meatcure is to launch a crowdfunding process through Seedrs later this summer, as it looks to raise funds to open an additional five sites
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News
Columbo acquires Camden’s Barfly
London-based bar and club operator Columbo Group has acquired the former MAMA & Co site, Barfly in Camden, MCA has learnt.
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News
Punch plans next two managed houses
Punch has identified the next sites for its managed ‘houses of excellence’ programme with openings planned in Solihull and Sheffield.
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News
Flat Iron set for Shoreditch this summer
Flat Iron, the ‘single-steak’ dining concept, will open its fourth site in London, in Shoreditch, this summer
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News
Akhtar swaps GBK for Franco Manca
Javed Akhtar has stepped down as operations director of Gourmet Burger Kitchen (GBK) after nearly five years in the role to take up the same position at the Franco Manca
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News
Osmond plans Strada to Coppa Club conversions
Hugh Osmond, the serial sector investor, is to test a smaller format of his fledgling Coppa Club format in an existing Strada site in central London
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News
Pizza Pilgrims lines up fifth opening
Pizza Pilgrims, the London-based sourdough pizzeria concept, has secured a site in London’s Docklands for a fifth opening