All MCA Insight articles in February 2014 – Page 22
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News
Inventive completes refinancing, eyes acquisitions
Inventive Leisure, the Revolution bar operator, says it now plans to return to the acquisition trail after successfully refinancing its bank facilities
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Yum! UK system sales growth accelerates
Yum! Brands, the owner of the KFC, Pizza Hut and Taco Bell fast-food chains, saw system sales growth in the UK accelerate to 3% in Q4 2013, leaving growth of 1% in the year to 28 December
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Chipotle plans steady UK growth
Chipotle Mexican Grill, the Mexican restaurant chain, is looking to open at least two new sites in London by the end of the year
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Mezze closes in on funding deal
West Country restaurant chain Mezze is closing in on a fundraising deal that will allow it to grow from six to up to 16 units over the next three years, with a projected turnover of more than £13m
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Five Guys secures Bluewater site
Five Guys, the popular US burger chain, has secured a site in Bluewater for an opening in early spring as it moves towards its target of having 30 sites in the UK by the end of the year
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PM orders rethink over World Cup opening hours
The Prime Minister has “ordered a rethink” on pub opening times for England’s World Cup games in Brazil this summer, a day after the Home Office said it had ruled out extending licensing hours
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Tapas Revolution eyes three more for 2014
Tapas Revolution, the tapas concept from Spanish chef Omar Allibhoy, is looking to acquire another three sites this year after securing an outlet at the Avant Garde development in London’s Shoreditch, M&C Report has learnt
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Councils call for alcohol licensing overhaul
Councils have called for the impact on public health to be taken into account when granting new alcohol licences
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Restructuring activity set to decrease in 2014
Three quarters (76%) of banking institutions, asset-based lenders and alternative lenders expect to see no change (24%) or a fall (52%) in levels of restructuring activity this year, according to research from Deloitte
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Ponti's: Italian Kitchen to lead growth
Ponti’s Group will enter a period of consolidation during 2014 before looking to expand its Ponti’s Italian Kitchen brand while letting the Caffé Italia arm of the business take a backseat
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Cubitt House team secure Fitzrovia site
The team behind Cubitt House has confirmed plans for a new venue at Fitzroy Place, W1
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TGI’s and Cosmo sign up for Silverburn
TGI Friday’s and Cosmo have become the latest restaurants to join Hammerson’s £20m leisure extension of Silverburn, its flagship regional out-of-town shopping centre in Glasgow
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McDonald’s to boost in-store experience
McDonald’s has promoted marketer Nathalie Pomroy to the newly created role of retail marketing director to oversee its focus on enhancing customers’ in-store experience
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Operators confirmed for Bracknell
Coast to Coast, Gourmet Burger Kitchen (GBK) and Pizza Express have all been confirmed as signing up to open in Bracknell as part of The Bracknell Regeneration Partnership, a 50:50 joint venture between Legal & General Property and Schroder Property
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Maddock appointed Caledonian Brewing MD
Andy Maddock has been confirmed as the new managing director of Caledonian Brewing Company, following the departure of Stephen Crawley in December
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D'Acampo launches coffee offer
Italian TV chef Gino D’Acampo is looking to steal business away from the major coffee players by charging just £1 for a coffee at his My Pasta Bar concept in London
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Dum Dum Donutterie starts expansion
Former operations director at Dunkin’ Donuts UK, Paul Hurley, is launching his second Dum Dum Donutterie this month at Box Park in Shoreditch
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McDonald secures second Fish & Chip site
Former Caprice Holdings chief executive Des McDonald has secured the second site for his Fish & Chip Shop format in London’s Broadgate
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Intertain signs Jongleurs deal
Comedy club brand Jongleurs is to return to the operator of the Walkabout bar brand for the first time in over four years
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TCG introduces app-based ordering system
TCG is the latest operator to embrace app-based ordering and payment systems at its flagship Henry’s Café Bar in London’s Covent Garden