All MCA Insight articles in April 2019 – Page 4
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Analysis & InsightAlcoholic drinks market has growth potential worth billions
Spiders and speers are just some of the innovations being seen in the alcoholic drinks sector, which has the potential to grow by £5.2bn over the next three years, according to Diageo.
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News
Black Sheep Coffee lfls up 22.6% in 2019
Black Sheep Coffee, the 23-strong speciality coffee shop operator, has reported like for like sales growth across the estate of 22.6% in 2019, MCA can reveal.
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NewsHeineken to invest £50m in Star estate in 2019
Heineken is to invest a record £50m into its Star Pubs & Bars estate this year with 150 projects planned, creating an estimated 1,200 jobs.
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NewsCalls for councils to have power to ban junk food ads
Healthy eating lobby group Food Active has called on the Government to give local authorities more power to crack down on junk food advertising.
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OpinionCoronation street
For any company succession planning is an absolute priority but for founder-led businesses it can present particular challenges. How can you ever replace a founder and how should they be involved in the process? MCA editor James Wallin talks to recruitment experts to get their view on the pitfalls of managing succession. They discuss what the sector can learn from examples such as Loungers as well as examining a high-profile internal promotion yesterday, in James Spragg’s succession to chief executive at Casual Dining Group.
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OpinionIsland Poke: 'We are really trying to change the landscape of grab and go'
Poke has long been considered one to watch, though had yet to make in-roads in the UK – until recently. Leading the charge and looking to redefine lunchtime is Island Poke, whose founder James Gould-Porter speaks to Finn Scott-Delany about establishing the Hawaiian speciality as a new genre of food in London.
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NewsApril 2019
This month’s print journal examines the topic of growth and how much appetite remains within the sector for aggressive expansion. MCA market insight director, Steve Gotham, asks whether the days of restaurant brands building to 100-plus sites is really over. Meanwhile deputy editor Georgi Gyton looks at the importance of culture and how operators can retain it as they grow. We focus on one brand that has certainly not stalled its expansion, with a look at how BrewDog has gone from a disruptor to a global beer titan in its own right. We also profile the most ambitious opening to date from Mitch Tonks’ Rockfish group and delve into the runners and riders of this year’s AlixPartners’ Growth Company Index, asking what it takes to be the fastest growing operator in the eating and drinking out sector.
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NewsJames Spragg appointed as CEO of CDG
James Spragg has been appointed as the new chief executive of Casual Dining Group, with effect from 29 April.
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NewsCocina lines up fifth site at Intu Uxbridge
Mexican restaurant group Cocina has lined up a fifth opening, in Intu Uxbridge.
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News
Rusk & Rusk considering potential sale of Hutcheson’s City Grill
Restaurant, design and lifestyle group Rusk & Rusk is understood to be exploring the possible sale of Hutcheson’s City Grill in Glasgow, according to the Evening Times.
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NewsCJW Pubs takes on third site with ambitions for more
CJW Pubs has taken on its third leased pub, and its first with Star Pubs & Bars – The Pig on the Wall in Droylsden, Greater Manchester, and has plans to build up its portfolio in the North West.
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NewsJohnson joins Pat Val creditors committee
Luke Johnson has taken the “unusual step” of joining a committee of creditors to Patisserie Valerie - the failed café chain he formerly chaired, according to the Times.
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News
Pheby replaces Jack Burrito with new pizza concept
Des Pheby is to replace his fusion concept Jack Burrito with a pizza restaurant DGH DGH, MCA understands.
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NewsCoca-Cola readies launch of ready-to-drink Costa product
Coca-Cola has said it will launch a ready-to-drink Costa Coffee product in the coming weeks.
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NewsBloomsbury Leisure builds pipeline for 2019
Bloomsbury Leisure, the craft beer bar and boutique bowling alley operator, has secured a new site for its long-awaited Farringdon Tap, MCA understands.
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NewsVeeno parts company with three franchise sites
Wine bar group Veeno has parted company with the operators of three of its franchise sites – Brighton, Croydon and Cardiff, MCA understands.
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NewsVagabond to fast-track expansion, trial all-day offer
Vagabond, the Imbiba-backed wine bar concept, is gearing up to fast-track its expansion, with a target of five sites a year going forward, MCA has learnt.
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OpinionCaravan: ‘Pressures on the sector are forcing everyone to look at new formats’
Almost nine years since the Caravan team opened their first restaurant at Exmouth Market, they are still winning awards for their concept, collecting the Retailers’ Retailer Evolution Award last month. Co-founder Miles Kirby spoke to MCA’s sister title, Food Spark, about the brand’s constant thirst for innovation.
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NewsLoungers raises £83m through IPO
Loungers, the 146-strong café-bar group, has announced it has raised £83.3m through its IPO with admission to AIM on 29 April.
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