All MCA Insight articles in April 2019 – Page 2
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News
Doughnut Time reveals two more additions
Doughnut Time opened its 11th site, in Finsbury Avenue Square, last week, and has a further location lined up to open at 74 Upper Street in Islington this Saturday.
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News
Bob & Berts to add three to Scottish estate; exploring opps in England
Northern Irish coffee shop chain Bob & Berts is to double its estate in Scotland this year, with the addition of three sites. MCA has also learnt the British Growth Fund-backed business is “exploring the possibility of opening stores in England”, but does not have any proposed sites currently, according to a spokesperson for the company.
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News
Paul to open second Express site, with plans for more
Paul UK is to open a second Express format site on Tottenham Court Road next month.
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News
Gladwin Brothers looks set to open fourth London restaurant
Gladwin Brothers is set to open a fourth restaurant, in the former Flavour Bastard site on Frith Street, MCA understands.
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News
Over Under brings cafe-bar hybrid to Manchester
Over Under Coffee, the specialty operator, is opening its first coffee shop and cocktail bar outside of London, in Manchester.
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News
Anuj swaps Abokado for Various Eateries
Former Abokado head of marketing Vineeta Anuj has joined Various Eateries, MCA understands.
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News
7Bone trials craft beer bar Strobelight Honey in Reading
7Bone, the Kings Park Capital-backed burger concept, is trialling a craft beer bar concept at its Reading site, with the possibility of bringing it to further restaurants as a standalone concept, MCA has learnt.
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News
Coffee out of home worth £3.2bn
Out-of-home coffee is worth £3.2bn, and has grown 6% year on year for the past five years, a study by the British Coffee Association (BCA) and Centre for Economics and Business Research (CEBR) reveals.
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News
Hickory’s Smokehouse secures site in Poynton
Piper-backed American barbecue restaurant Hickory’s Smokehouse has secured its next site, in Poynton, Cheshire, on the site of the former Vernon Arms pub.
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News
Equistone invests in CH&Co
Former Gaucho owner Equistone has invested in contract caterer, CH&Co, acquiring the stake previously held by MML Capital Partners.
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News
Oakman Inns completes acquisition of seven-strong pub freehold package
Oakman Inns has acquired a seven-strong package of its own managed pubs’ freeholds, with combined EBITDA of £2.8m, from funds managed by Downing LLP.
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News
Whitbread sees dip in lfl accommodation and f&b sales
Whitbread has reported like-for-like (lfl) food & beverage sales down 2% in its full financial year.
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News
GK FY managed lfls up 2.9%
Greene King has reported like-for-like sales (lfls) in its managed Pub Company arm in the year to 28 April were up 2.9%.
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News
Hall & Woodhouse announces changes to senior team
Hall & Woodhouse has announced a shake-up of its senior team, with business partnerships director Matt Kearsey promoted to managing director after 10 years with the business.
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News
Young’s appoints Owen as CFO
Young’s has appointed Mike Owen, of Hall & Woodhouse, as its new chief financial officer.
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News
Loungers AIM shares open at a premium
Loungers’ shares were officially admitted to AIM this morning, with trading beginning at a premium.
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News
NWTC secures Warrington site
The New World Trading Company has secured a site in the new Time Square development in Warrington, MCA understands.
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News
Asahi welcomes Fuller’s brands to portfolio
Asahi has welcomed the arrival of the first range of cask ales and ciders into its UK Super Premium Beer portfolio following its acquisition of the Fuller’s Beer Company.
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News
Patisserie Valerie to refocus business on core strengths
Patisserie Valerie is to refocus its business on being “less of a restaurant and more of a patisserie”, managing director Paolo Peretti has told MCA.
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Analysis & Insight
Appealing to the masses
Over the past few years, as traditional lenders have become more cautious, crowdfunding has become an increasingly attractive option for operators looking to finance growth. While recent months have seen some high-profile crowdfunding successes, there have also been some dramatic failures. Helen Gilbert and Georgi Gyton spoke to experts from AlixPartners, The Crowdfunding Centre and ECF Solutions to get their views on crowdfunding’s impact on the sector.