All MCA Insight articles in August 2018 – Page 5
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News
Pizza Hut CEO pledges to protect margins over lfl growth
Jens Hofma, chief executive of Pizza Hut Restaurants UK, has told MCA he believes the industry is obsessed with like-for-like growth ahead of protecting margins and that the brand will not be drawn back into the discounting wars.
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News
Chop’d doubles up in Manchester with Selfridges
Chop’d, the Eddie Holmes-led salad bar chain, has strengthened its partnership with Selfridges with the opening of a new unit in the department store’s Manchester branch.
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Opinion
New era for maturing Searcys
Searcys, the 1847-founded caterer and restaurant operator, is celebrating its past while looking to the future with a number of new developments. Managing director Matt Thomas talks about his vision for a contemporary and relevant operator. Finn Scott-Delany reports
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News
No 18 private members club to launch in UK
Serviced office group, IWG, is to bring the Swedish private members’ club brand, No 18, to the UK, with an opening in the Battersea Power Station scheme.
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News
Brakspear tenant taking Joker pub brand to Croydon
Brakspear tenant Daniel Wright is opening a second venue under The Joker pub brand.
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News
Comptoir opening at Cheshire Oaks
Comptoir Libanais is to open a restaurant at Cheshire Oaks Designer Outlet as part of its partnership with HMSHost, MCA understands.
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News
Osborne swaps Domino’s for Debenhams
Rachel Osborne, who stepped down as chief financial officer at Domino’s in June, has taken up the same position with Debenhams.
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News
Icestone Gelato announces two further openings
Icestone Gelato has announced its next two openings – in Leicester and Leeds.
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News
Doughnut Time secures Bond Street site, aims for 10 this year
Doughnut Time, the Australian-founded premium concept, is opening its seventh site in West One, Bond Street, part of a plan to reach 10 UK sites this year, and 20 next year, MCA has learnt.
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News
Fourth acquires people solutions company Octane
Hospitality software provider Fourth has acquired digital people solutions company Octane.
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Opinion
Analysts corner: Goodbody on The Restaurant Group
In advance of The Restaurant Group’s interim results announcement next week, Goodbody’s Paul Ruddy says it is encouraged by both the openings and format conversions being undertaken by the group, and believes there is evidence of a turnaround in like-for-likes in H2.
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News
Mercato Metropolitano opening in Ilford
Mercato Metropolitano, the Italian food hall concept, is opening a second UK site in Ilford, MCA has learnt.
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News
M&B acquires Johnson’s stake in Ego
Mitchells & Butlers and 3Sixty Restaurants have formed a joint venture for the continued expansion of the Ego restaurant and bar chain.
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News
YO! FY lfls up 4%
YO! Sushi, the Mayfair Equity Partners-backed group, saw like-for-like sales increase by 4% in the year to 27 November 2017, as EBITDA increased from £7m to £8.5m.
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News
GBK losses mount as lfls fall 10.6%
Speculation is mounting about the future of GBK after its parent company issued another warning about its mounting losses.
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News
Tortilla eyes rollout for dedicated delivery kitchen model
Tortilla, the Quilvest-backed fast-casual concept, is looking to roll out its dedicated delivery kitchen model after a successful trial.
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News
Tim Martin: “Post-Brexit food hike claims are pure fiction”
JD Wetherspoon founder Tim Martin has penned a retort to suggestions at the weekend that a “no deal” Brexit would push up food prices. Martin counters that if the Government opts for free trade the result would be a reduction in prices across shops and for eating and drinking out.
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News
McDonald’s poll highlights appetite for flexible working
A survey commissioned by McDonald’s has shown an increasing desire for flexible working among the British public.
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News
Night Tube contributes more to economy than projected
The Night Tube contributes millions of pounds more to the economy than originally projected.
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News
Roosters Piri Piri to build south east presence with next openings
Roosters Piri Piri is to build its presence in the south east of England, with planned openings in Canterbury, Ashford and Portsmouth.