All MCA Insight articles in August 2019 – Page 8
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News
Walker steps down as EAT chief executive
Andrew Walker has stepped down from his role as chief executive of EAT, with Mike Rainer to take the reins as its new managing director.
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News
Potting Shed appoints Creighton as MD
Bar group Potting Shed has appointed John Creighton, formerly of Walkabout, as managing director, MCA understands.
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News
Wrapchic bought out of administration
Indian-Mexican fusion burrito brand Wraphic has been bought out of administration after being impacted by “issues with franchisees”.
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News
Hickory’s secures Shrewsbury site
American barbecue and smokehouse restaurant Hickory’s has secured its 12th site – former bar & grill The Waterfront in Shrewsbury.
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News
Tequila Mockingbird secures fourth site
Tequila Mockingbird has secured its fourth site – 64 Atlantic Road in Brixton, through CDG Leisure.
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Opinion
Dominic Walsh - Getting in on the act
The proposed merger of Just Eat and Takeaway.com is the latest in a string on large-scale M&A activity, which on the face of it has been promoted by the demands of activist shareholders. But the real picture may be less clear cut, argues Dominic Walsh.
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Opinion
Sexual harassment, the hospitality sector and the law
Caroline Doran Millett of law firm Royds Withy King talks through the legal implications for employers on sexual harassment, and how to protect staff from unwanted advances.
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News
Primark 'Primarket' speciality coffee shop to debut in Glasgow
Budget fashion retailer Primark is launching a specialty coffee shop concept with foodservice company Gather & Gather, MCA understands.
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News
Boxpark to diversify into co-working space and smaller sites
Boxpark has announced plans for two new formats, BoxOffice and BoxHall, part of a plan to launch ten new sites over the next five years.
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News
Encore Capital to expand Mildreds to 10-15 sites
Vegetarian restaurant group Mildreds will expand to a 10-15-strong business over the next four years, a partner from new owner Encore Capital has told MCA.
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News
Domino’s CEO quits as profits plunge and franchisee row rumbles on
Domino’s CEO David Wild has announced his retirement after revealing pre-tax profits of £30.5m, a drop of 27%, for the first half of the year. Though group sales were up 4.7% to £645.8m, he also said the “complex” ongoing row with franchisees is leading to delays in new openings and impacting on standard working practices, and that any resolution would take “some time”.
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News
ETM launches Westwood Pub and Kitchen at Westfield London
ETM opened Westwood Pub and Kitchen at Westfield London on 3 August. The sports-themed venue, which has a 130” HD video wall constantly showing sport, will open for breakfast, lunch and dinner seven days a week. The menu offers breakfast, burgers, pizza, pasta, sharing platters and sides.
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News
Just Eat and Takeaway.com merger will create a “formidable” business
Just Eat and Takeaway.com have agreed to merge and become Just Eat Takeaway.com. The merger will create one of the world’s largest online food delivery platforms with 355 million orders worth €7.3 billion in 2018.
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News
Black Sheep Coffee lines up third Manchester site
Black Sheep Coffee is to open its third site in Manchester after acquiring the former Patisserie Valerie unit at 2-4 St Ann Street, MCA understands.
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Analysis & Insight
The bigger picture on consumer spending
MCA market insight director Steve Gotham crunches the numbers on consumer spending to find out how it’s changed in real terms. Some of the findings more surprise you.
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Opinion
Analysts’ corner: Mitchells & Butlers
A material re-rating should lie ahead if the business continues to executive its operational improvement and de-leveraging plans, believe analysts at Berenberg.
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News
Spudulike enters administration
Spudulike has gone into administration, shutting 37 shops and putting 300 jobs at risk. The business, which also trades under Fat Jackets and is run by entrepreneur Tony Schlesinger, had tried to restructure its rents via a CVA but landlords refused the heavy cuts. Joint administrators Neil Bennett and Alex ...
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News
Hawthorn launches new partner training programme
Community pub company Hawthorn Leisure has launched a new partner training programme in order to help grow sales.
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News
Upham completes sale and leaseback of pub collection
Upham Pub Company has completed the sale and leaseback of 14 of its individually branded pubs to CBRE Global Investors.
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News
Calls for Manchester blueprint to set precedent
A new blueprint for Manchester’s night time economy has been welcomed by industry associations, with calls for all mayoral authorities in the UK to follow suit and adopt similar policies.