All MCA Insight articles in February 2015 – Page 11
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Analysis & InsightShaken-up
Over the last two years Revolution Bars and chief executive Mark McQuater have helped each other restore their reputations. From a failed sales process, the company has dusted itself down and under McQuater impressively re-invented itself leading to a re-engaged consumer and an uplift in sales
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News
Alchemy to continue to back Nightjar
Alchemy Partners, the private equity group, is to continue to back the 12-strong Nightjar Bars operation
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Clancy to open Deep South-themed concept
Bar operator Dominic Clancy has secured the former Amba site in Hale village, Cheshire, and plans to transform it into an American-themed bar and restaurant with a £400,000 refurbishment.
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News
Trade organisations join forces to tackle skills shortage
The British Beer & Pub Association (BBPA), British Institute of Innkeeping (BII) and Perceptions Group have joined forces to help fight the shortage of pub chefs and improve chef skills for those working in the pub and bar sector.
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Double acquisition for Urban Leisure Group
Urban Leisure Group (ULG), the London-based bar and restaurant operator, has secured two central London sites for openings in the coming months
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Hammerson says consumer confidence boosted revenues in FY14
Landlord Hammerson let 178,900 square metres of space during the year to 31 December, up 16% year-on-year, with like-for-like net rental income rising 2.1 per cent.
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News
Brindisa to open at Piccadilly Circus
Brindisa Tapas Kitchens is launching a new restaurant concept in Piccadilly Circus this March
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NewsTurtle Bay lines up Liverpool opening
Turtle Bay, the Piper Private Equity-backed Caribbean restaurant chain, has lined up its first site in Liverpool
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Grillstock plans expansion
Grillstock, the fledgling barbecue concept, is understood to have lined up at least three further openings as it looks to grow its national presence
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Russian hospitality group to make UK debut
Table Talk has targeted the UK for its first venture outside Moscow and St Petersburg, with the opening of a French-style cafe wine bar in Soho
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CAMRA reveals National Pub of the Year
A former City worker who had never pulled a pint before quitting his job and becoming a publican has picked up the Campaign for Real Ale’s (CAMRA) National Pub of the Year Award.
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NewsRevolution Bars confirms IPO plans
Revolution Bars, the 58-strong group led by Mark McQuater, has confirmed its intention to float.
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NewsIntertain reveals locations of sites to close
Walkabout operator Intertain has revealed the locations for the six sites that will close as part of the Company Voluntary Arrangement (CVA) agreed earlier this month.
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Analysis & InsightFear factor in market revival
Although a return to activity is something to be championed, Dominic Walsh is taking the positivity with a pinch of salt after spotting a few signs that not everything in the garden is rosy.
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News
Venture Pubco takes on first site with Star Pubs & Bars
Venture Pub Company has taken on its first pub with Star Pubs & Bars, The Bricklayer’s Arms in Leicester, bringing its estate to a total of 18 sites
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NewsBe At One to make Wales debut
Be At One, the Piper-backed cocktail bar chain, is close to securing its first site in Wales, in Cardiff
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News
Luminar restructures management team
Luminar Group has restructured its regions and its senior management team
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NewsMcDonald's outperforms on animal welfare
McDonald’s has been rated the highest in a benchmarking of global restaurant brands for implementing farm animal welfare practices in its policies, while M&B, Burger King, SSP and Whitbread are among the worst
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NewsMcMullen’s acquires Whitehall freehold
McMullen’s has acquired the freehold of the property in London’s Whitehalll that currently houses JD Wetherspoon’s the Lord Moon on the Mall
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NewsM&C20 continues to climb
The M&C20 was up 2.7% to 1,341 points this week, outperforming the wider market which ended up 0.7% at 1,077 points. The wider market will have been influenced by geopolitics and oil price speculation this week, leading the M&C20 to outperformance as investors retreat to what is a broadly domestic sector