All MCA Insight articles in August 2014 – Page 22
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NewsWestbury Street Holdings buys Searcys
Searcys, the upmarket restaurant and bar operator and caterer, has been sold to Westbury Street Holdings (WSH), the hospitality and catering company that owns Benugo, in its entirety for an undisclosed sum
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NewsItsu sees turnover reach £60m mark
Itsu, which will open its 50 small format store tomorrow in Richmond, has said it turned over £60m and made profits of £6m EBITA in the last year
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NewsWest Berks Brewery eyes £5m EIS
West Berkshire Brewery, the brewery chaired by industry veteran David Bruce, is to launch a new Enterprise Investment Scheme (EIS) fundraising drive to raise £5m to relocate to a bigger production site, M&C Report has learnt
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Frizzenti to rollout wine bars
Prosecco and sparkling wine supplier Frizzenti is to open a series of permanent and semi-permanent wine bars, with plans to open 10 within 12 months of an initial launch in October, M&C Report has learnt
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NewsPing Pong appoints new head of operations
Ping Pong has appointed Mike Pearson, formerly of Genting Casinos and InterContinental Hotels, as its new head of operations
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NewsKout in Subway tie-in
Kout Food Group (KFG) is believed to have signed a deal with Subway, which will see the sandwich brand open up a number of units at roadside locations next to or inside Little Chefs
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NewsBYOC up to three, targets expansion
BYOC, operator of the eponymous cocktail bar concept where customers bring their own alcohol, is to open its third site in Camden, north London, by mid-September as it targets four openings over the next year or so, M&C Report has learnt
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Rola Wala eyes first permanent site
Rola Wala, the Indian street food operator, is understood to be set to open its first permanent site in Leeds
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NewsRoka taps into quick dining market
Roka, Rainer Becker’s contemporary Japanese robatayaki restaurant brand, is entering the casual dining market with a new concept called Shochu Kanteen housed in the basement of its Charlotte Street restaurant
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NewsPay rises for Young's directors as bonus package doubles
Senior directors of Young’s, the London-based pub operator, saw substantial uplifts in their remuneration packages in 2013/2014 after total bonuses paid almost doubled from £506,323 to just over £1m
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One third of people avoiding meat
One third of consumers are reducing their meat intake and choosing a ‘flexitarian’ diet in which people avoid animal proteins in their diet but are not vegetarian
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Riemenschneider unveils plans for new Canvas
High profile chef Michael Riemenschneider is relocating Canvas to the former site of Le Cirque, in Chelsea, to open on 19 August that will include a chefs table, experimental cocktail bar, wine cellar and cheese room
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Rootstock expands Twisted Burger
Twisted Burger Co, the food concept by Sheffield based events company Rootstock Trading, is taking a kitchen residency at The Riverside in Sheffield
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West opens second pub; eyes Edinburgh
West Brewery, the Glasgow-based brewery run by Petra Wetzel, has opened a second bar and restaurant in Glasgow’s West End and is eying expansion in Edinburgh, M&C Report has learnt
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NewsSlim’s Healthy Kitchen expands in NI
Slim’s Healthy Kitchen, the Belfast-based restaurant and meal plan concept, has launched an express concept and opened a distribution centre
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Arran Brewery plans new fundraising
Arran Brewery, the Scottish brewer and pub operator, expects to begin another round of fundraising towards the end of the year as it prepares to open a new restaurant and bistro
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Orderella reports fundraising progress
Orderella, the mobile ordering app, says it has raised more than 70% of its £1m second round fundraising target under the Enterprise Investment Scheme
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Intu sees property value uplift
Intu, the shopping centre operator, has reported a 7.6% uplift in the like-for-like value of its properties in the six months to June, with the group seeing profits and revenues grow
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Yummy FY lfls rise 36.6%
Yummy Pub Company, the multiple pub operator, has said it experienced a 36.6% rise in like-for-like sales in 2013/2015