All MCA Insight articles in August 2014 – Page 2
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News
Molson Coors UK & Ireland MD Cox to head Europe operation
Molson Coors has announced that current UK and Ireland managing director Simon Cox is to leave his role and succeed Mark Hunter as chief executive of the Europe division
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NewsShamel named Las Iguanas MD
Las Iguanas has announced the promotion of Mos Shamel from operations director to managing director
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NewsHarveys to enter managed pub arena
Sussex brewer and tenanted pub company Harveys is to develop a directly managed pub business that will eventually run as many as half of its 48 pubs
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NewsCerberus to place Spirit package on the market
Cerberus, the US private equity owner of Admiral Taverns, is to place 16 pubs leased to Spirit Pub Company on the market
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News
Jack: TRG capable of beating FY forecasts
A leading analyst has said that he believes The Restaurant Group (TRG) is capable of beating FY forecasts
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News
Enterprise to roll out online ordering
A new online ordering platform is set to be rolled out across Enterprise Inns’ 5,500-strong pub estate from 1 September
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Analysis & Insight
Loyalty schemes ineffective for restaurants
Customers are more engaged in loyalty programmes for supermarkets than restaurants according to new research from GI Insight that shows only half of people who have joined such schemes are regular users
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Analysis & Insight
'Embrace the positivity' of Generation Y
Leisure experiences for “Generation Y” (18 to 34 year-olds) are directly informed by the digital “third space”, contrary to popular perceptions that the generation of young adults are “cocooning” themselves in technology at the expense of traditional leisure activities, according to analysis from Trajectory Partnership
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Analysis & Insight
Operators warned of mobile ad 'pitfalls'
F&B companies have been urged to avoid the “pitfalls” of running adverts targeted at mobile phones, in particular ensuring they don’t ’invade the space’ of the people they want to attract
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NewsFive Guys expansion to gather pace
Five Guys, the popular US burger chain, is to ramp up its expansion plans in the run up to the end of the year, after securing a further site in Scotland
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News
Caracoli seeks new MD
Caracoli, a foodstore and coffee shop group based in Hampshire, is seeking a new MD as it prepares for its next stage of growth
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NewsSpirit to 'lose trading momentum' in Q4
Trading momentum for Spirit Pub Company could “lose pace” in the fourth quarter of 2014, although full-year like-for-like sales growth should be “upbeat”, according to a leading analyst
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News
New leisure co opens first nightclub
Nightlife North East, a new leisure company set up by Lorraine Griffiths, has taken over Sunderland nightclub Union Bar which closed closed six weeks ago
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NewsSnug Bars appoints head of people
Snug Bars has appointed Chris Moores, former head of HR at Bramwell Pub Company, as its new head of people
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NewsTesco to reduce capex
Tesco has announced that capital expenditure for its current financial year is to be lower than initially planned, with a total spend expected to be £2.1bn, c£400m lower than anticipated and c£600m below last year
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NewsBrewDog to offer student discounts at bars
BrewDog, the Scottish brewer and pub operator, is offering a 15% discount to students at all its 17 UK bars between midday and 5pm on weekdays
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NewsHummus Bros reports 15%lfl growth in record breaking summer
Hummus Bros, the London-based concept by Christian Mouysset and Ronen Givon, has reported record sales across its restaurants for July that were 17% higher than the previous highest month as it looks for new stores and is considering franchise opportunities
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NewsCollyer cuts JDW TP
Leading analyst Geof Collyer has reduced his Target Price for JD Wetherspoon from 785p to 745p ahead of its full-year results on 12 September, predicting “good top line growth” for the managed operator but an erosion of margin for the fifth straight year
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NewsChipotle CEO predicts demise of ‘irrelevant’ fast food chains
Monty Moran, the chief executive of Chipotle, has said that “traditional” fast food restaurants will soon become be a thing of the past
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NewsCosta signs up for Simply Cups recycling initiative
Costa Coffee has signed up to the ‘Simply Cups’ paper cup recovery and recycling initiative