All MCA Insight articles in February 2014 – Page 3
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Analysis & InsightBranded dining sector to grow 7.6% by revenue in 2014
The UK branded dining sector will grow 7.6% by revenue in 2014, with outlet numbers increasing 5.5%, according to figures from Allegra’s Project Restaurant Report
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NewsDomino’s UK FY lfls up 7%
Domino’s Pizza Group has this morning reported like-for-like sales growth of 7% across its 670 UK mature stores during 2013 and announced it had entered into an agreement to purchase the minority shareholding in relation to its German business
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NewsWhitbread Q4 lfls accelerate to 6.8%
Whitbread has reported a 4% rise in like-for-like sales for the 50 weeks to 13 February, accelerating to +6.8% in Q4 driven by a “particularly good Christmas” and “to a lesser extent” favourable weather comparatives in January
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NewsPub sales grow; profits flatline
Last year’s good summer helped boost pub sales, but increases to business running costs continue to hold back profit growth, new research shows
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NewsWelcome Break to invest in estate overhaul
Welcome Break is to invest in excess of £15m over the next two years converting 14 or 15 of its service stations to an airport-style model, writes The Times
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Hotcha sets out growth plans
Hotcha, the South West-based Chinese takeaway operator, has announced plans to open 150 sites in the UK over the next five years
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Maclay Inns develops BBQ concept
Maclay Inns, the Scottish pub and bar operator, is to launch a new pub concept featuring barbecue food and craft beer, M&C Report has learnt
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NewsFive Guys secures Lakeside site
Five Guys, the popular US burger chain, has secured a further site outside London, after exchanging on a unit at Lakeside Shopping Centre’s new £9m foodcourt in Essex
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NewsFatburger targets UK
Fatburger is the latest American burger operator to target a launch in the UK, with plans to open 20 outlets in Britain - and the same number for its Buffalo’s Cafe concept - over the next few years, chief executive Andrew Wiederhorn has told M&C Report
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NewsHofma: don't be a slave to fads
Restaurant chains need to avoid following all the latest fads and fashions and keep doing what they do best, Pizza Hut chief executive officer Jens Hofma has said
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Carl’s Jr eyes UK move
Carl’s Jr, the CKE Restaurants-owned US burger chain, is closing in on plans to make its UK debut, M&C Report has learnt
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NewsYO! secures Kensington site
YO! Sushi, the Quilvest-backed, Robin Rowland-led chain, has returned to the central London acquisition trail, after securing a site in Kensington High Street
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'Not every concept works outside London'
Not every successful casual dining concept in London will translate well to other major UK cities, Living Ventures chief executive Tim Bacon has warned
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Nose Ltd to launch “high class junk food” concept
Nose Ltd, the restaurant group led by Ged Lynch, will today launch Kitchenette, a new “high class junk food” format at its last remaining Felicini site in Manchester
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NewsGreggs ups ante over coffee
Greggs hopes to continue growing coffee sales by “at least” the current rate of 20% per year, with its new blend being preferred to many competitors in blind tastings, according to chief executive Roger Whiteside
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NewsRowland: talk to young about technology
Restaurant and pub operators need to talk to young people to find out how they use technology and then incorporate it into their business, according to YO! Sushi chief executive Robin Rowland
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Low Pay Commission recommends minimum wage rise
The minimum wage could rise by 3% to £6.50 an hour for adults if the Low Pay Commission’s recommendation to Government gets the go ahead
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NewsTGI’s signs up for Gloucester Quays
TGI Friday’s, the Karen Forrester-led group, has become the latest brand to sign up to open at Gloucester Quays
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Use of contactless payment grows
The use of contactless transactions is increasing at a rapid rate, with growth of 249% in one year, new figures show
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Cawthorne aiding Drake & Morgan's expansion plans
Sharon Cawthorne, the former property director at Wagamama, is understood to be advising Drake & Morgan, the Bowmark Capital-backed group, on its expansion plans