All MCA Insight articles in August 2013 – Page 9
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NewsCoffee shop growth to continue
The number of coffee shops operated by the top 10 UK chains will grow by 21.7% to 4,252 over the next four years, according to a report that says smaller chains may struggle more and the future for sandwich shops is less bright
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Greg Wallace restaurant to close
A London restaurant run by Greg Wallace, the high-profile chef and Masterchef presenter, is to close, according to the Daily Mail
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Busaba launches delivery service
Busaba Eathai, the Thai restaurant chain founded by Alan Yau, has launched a delivery service from selected sites in London
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NewsPing Pong Brazil files for bankruptcy
Ping Pong Brazil, established in 2009 as a joint venture between Ping Pong International and Ricardo Rinkevicius, has closed its two restaurants and filed for bankruptcy
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Heineken H1 organic volumes fall 1%
Heineken, the global brewer, has reported a 1% decline in organic volumes in H1 and said it does not expected underlying trading conditions to change despite benefiting from better weather across Western Europe in July
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Koya reveals Koya Bar details
Koya, the Soho-based Japanese Udon noodle restaurant iled by John Devitt, has revealed details of its new noodle bar, which it will open in the neighbouring former Mooli’s unit, on 2 September
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NewsGatecrasher eyes expansion and investments
The business looks to expand in key city locations across the world including New York, Miami and Singapore, as well as London, and make a significant investment in its UK sites
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Cineworld may have to sell cinemas
Cineworld may be forced to sell cinemas in three areas of the country after the Competition Commission provisionally concluded that its acquisition of City Screen would mean higher prices for customers
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NewsChilango lines up next four openings
Chilango, the burrito bar chain led by Eric Partaker and Dan Houghton, plans to open four further sites in London before the end of the year, M&C Report understands
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NewsJimmy’s World Grill explores options
East and West Restaurants is in talks with advisers as it explores options for its expanding Jimmy’s World Grill & Bar chain, after receiving private equity approaches, M&C Report understands
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Subway in Spar partnership
Subway has announced a new partnership with convenience store group Blakemore Retail to open a number of sites across its 324-strong Spar store estate
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NewsYO! seeing consistently strong lfls
Trading across YO! Sushi, the Quilvest-backed, Robin Rowland-led chain, this year has been a strong improvement on a “flat 2012”
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OpinionFrench raises Spirit TP
Leading sector analyst Simon French has “strongly reiterated” his Buy recommendation for Spirit Pub Company and raised his Target Price for the firm from 93p to 110p
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NewsCote deal on-going
Cote remains in discussions with private equity group Bridgepoint regarding a c£100m sale, despite speculation that the deal has been “parked” until later this year
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NewsSpirit launches Great British Pub Card
Spirit Pub Company has launched a new gift card across its c750-strong estate, which is set to be available from some ASDA stores and Wilkinson’s over the next six months
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Brighton first for Eclectic's Dirty Blonde
Brighton is to be the first location for Eclectic’s Dirty Blonde cocktail bar and restaurant brand, chief executive Reuben Harley has told M&C Report
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OpinionGiraffe finds every little helps
Tesco’s purchase of Giraffe earlier this year moved both the family-friendly restaurant and the grocery giant into new territory. Has it created a blueprint for a new approach for the mid-market sector? Russel and Juliette Joffe talk about life under their new owners.
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B&P strengthens openings pipeline
Brunning & Price (B&P) is set to open a further five sites over the next six months after securing two more pubs in the North West and the Midlands, as it closes in on the 40-pub mark
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NewsPatisserie Valerie secures 80th site
Patisserie Valerie, the Risk Capital Partners-backed café chain, has secured its 80th site in the UK, after taking a unit in Woking
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Rileys collapsed owing c£49m
Rileys, the snooker and pool hall operator that was bought out of administration late last year, collapsed owing c£49m to unsecured creditors, including £14.8m to landlords and £3.2m to HM Revenue & Customs, a new report shows