All MCA Insight articles in December 2014 – Page 12
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NewsYum! cuts FY profit forecast again
Yum! Brands, the owner of the KFC and Pizza Hut brands, has again cut its full-year profit forecast, due to slower sales in China
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Food operators unprepared for allergen legislation
Only one-third of food and beverage are ready for the changes to allergen laws that come into force on Saturday with 67% citing concerns about the impending legislation and 20% of businesses admitting they have done nothing to prepare
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Scottish start-ups receive £1m
Scottish start-up companies will receive more than £1m of investment in loans and grants from the ScotEdge awards in Edinburgh
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Miller & Carter and Cosy Club set for Worcester
Cosy Club and Mitchells & Butlers’ Miller and Carter have been named the latest brands to join Worcester’s Cathedral Square retail and leisure development
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Intu scoops foodcourt award
The food court at Intu’s Lakeside shopping centre was awarded a Gold Award at the British Council of Shopping Centres award ceremony following £9m investment
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CAMRA says 600 pubs now listed as ACVs
The Campaign for Real Ale (CAMRA) has announced that 600 pubs are now listed as assets of community value (ACV), following the organisation’s List Your Local initiative.
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Greenhouse owner acquires wine merchant
Restaurateur Marlon Abela, who owns the Greenhouse in London, has acquired a controlling stake of OW Loeb, the UK wine merchant
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Latte favoured by 32% of Brits
Lattes are the coffee of choice for 32% of Brits according to a survey by mobile coffee franchise Cafe2U, which found the drink was 14 points ahead of its closest rivals
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L’Entrecote eyes further London site
Le Relais de Venise L’Entrecote, the French brasserie chain, is understood to be close to securing a fourth site in London, in Covent Garden
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UGOT plans "rapid" expansion
UGOT, the healthy eating concept, is looking to expand “rapidly” in 2015 with new sites planned for Leeds in January 2015, Harrogate two months later in March, Newcastle city centre in June and then down to London later in the year
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NewsUntied Pub Company launched
A group of CAMRA “nerds” have formed their own pub company and secured their first site through an Enterprise Investment Scheme.
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NewsMoorhouse’s autumn sales up 8%
Moorhouse’s Brewery has reported sales up 8% for September and October and turnover for the period reaching close to £1m.
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NewsFrench: Costa should be demerged to maximise potential
Leading analyst Simon French has as Costa’s international division returns to profitability he thinks the likelihood of a demerger of the brand will increase
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NewsJDW ends 35-year relationship with Heineken
JD Wetherspoon has announced that it has ended its 35-year relationship with Heineken
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NewsMEATliquor eyes £7m fundraising
MEATliquor has launched a fundraising round with the aim of securing £7m of new funds to grow from six to 12 sites by the end of 2017
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NewsGreene King wins bingo appeal
Greene King has won its appeal against the Gambling Commission’s refusal to allow it a bingo licence, opening the door for larger pubcos to operate commercial bingo.
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NewsMcDonald’s sales continue to struggle
McDonald’s continued to struggle during November, with global comparable sales down 2.2%, despite a positive performance in the UK
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NewsGBK unveils “aggressive” opening plan
Gourmet Burger Kitchen (GBK) the Capricorn Ventures-backed group intends to open a restaurant each month to reach its target of 100 sites focusing outside of London, CEO Alasdair Murdoch told M&C Report
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NewsBrewDog introduces table service
Scottish brewer and pub operator BrewDog has rolled out table service to all its UK bars and announced new bar snacks and an initiative for designated drivers.
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Jester Pubs founder wants to roll out franchise model
A former Tailor Made Dining operations manager has said he hopes his new venture will act as a launchpad for a franchise model aimed at small pubs.+