All MCA Insight articles in February 2014 – Page 13
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NewsAnalyst corner
Leading analyst Mark Brumby at Langton Capital looks at the decision by Punch Taverns to postpone the vote on its restructuring proposals
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News
C&B rolls out new format, targets acquisitions
Corney & Barrow Bars, the City-based operator, is to rollout an evolved format featuring a “ramped up” food offer and a greater wine focus, and is also targeting acquisitions, managing director Ed Gardner has told M&C Report
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FY profit up 8% at Heavitree
Heavitree, the Devon-based tenanted pub operator, has reported a small decline in turnover for the year to 31 October 2013, due to a loss in rental income from two houses that were closed and then sold during the year
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GB Pizza Co eyes expansion
The duo behind an award-winning “British pizza restaurant” in Kent are launching their second site in April in London’s Exmouth Market, and have plans to grow to a portfolio of six
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Woodroffe to offer business mentoring
YO! Sushi founder Simon Woodroffe is to offer advice to selected businesses under a scheme from Volkswagen Commercial Vehicles in association with The Times
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YO! launches new range of children’s activities
YO! Sushi is launching a brand new range of children’s activities to help keep “diners’ little monsters busy” during the half-term period.
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Mayfair Capital secures F&B investment
Mayfair Capital Investment Management has acquired £12m of assets for its Property Income Trust for Charities fund, including three F&B units at the Greenwich Peninsula
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OpinionWorking on many fronts
James Horler, CEO of 3Sixty Restaurants, tells Mel Flaherty about the firm’s turtle-like rate of growth and why restaurant diners just want to be entertained
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NewsM&C20 underperforms against FTSE
The M&C20 Index climbed 0.9% this week, driven by growth from one of its smaller companies but underperformed the FTSE All Share Index, which was up by 1.5%, for the second week in a row
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NewsGiraffe confirms KIOSK format launch
Giraffe, the Tesco-owned chain, has confirmed that it will open its new KIOSK concept in King’s Cross Square at the end of March
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NewsBK reports 1.7% rise in Q4 sales
Burger King, the fast-food chain, has reported a 1.7% rise in quarterly global sales with very strong results in Asia
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News
PizzaLuxe eyes next stage of growth
PizzaLuxe is to embark on its first round of external fundraising as it looks to double its estate over the next 18 months
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US pizza chef DiFabio eyes London rollout
Bruno DiFabio, the US pizza chef, hopes to launch five restaurants in London by the end of 2015, according to American newspaper the Morning Journal
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Tropeiro Restaurants in administration
Tropeiro Restaurants, the Chester-based Brazilian-influenced restaurant chain, has been placed into administration
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Soho House eyes Brighton opening
Restaurant operators including Soho House and the Gingerman Restaurant Group are circling a seafront redevelopment scheme in Brighton
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Government to examine more frequent rates revaluations
The Government has confirmed that it will look at whether business rates revaluations should occur more frequently and also examine the valuation methods
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Eclectic names Kleiner as non-exec
Eclectic, the newly-listed bar operator, has appointed Richard Kleiner, executive director of the company’s backer Avanti Capital, as a non-executive director
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NewsStonegate offers major staff discounts
Stonegate, the managed operator, is offering every member of staff 25% off all purchases at the company’s venues under a new employee reward card introduced this month, M&C Report has learnt
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Stonegate eyes growth for 'phenomenal' Common Room
Stonegate, the managed operator, expects to have another dozen sites converted to its evolved student bar concept Common Room after sales grew 60% at the first outlet to operate under the format, chief executive Toby Smith has told M&C Report
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News
Neapolitan secures second site
Raff Mercurio, the ex-operations director of Oakman Inns, has acquired the second pub for his fledgling company Neapolitan Pubs and Bars