All MCA Insight articles in February 2015 – Page 20
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News
Starbucks UK reports first pre-tax profit
Starbucks has reported its first pre-tax profit in the UK – with making £1m in the 52 weeks to September 28 2014.
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News
Pub operating costs rise again
Total operating costs of running tenanted and leased pubs increased last year — with rises across all types of pub businesses, according to the British Beer & Pub Association’s (BBPA) latest Running a Pub benchmarking survey of companies representing 14,000 pubs.
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News
Star invests £75k in training for lessees
Star Pubs & Bars is investing £75,000 in running new retail skills workshops for its lessees, which it anticipates will deliver 1,000 days of free training this year.
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News
Sevan Leisure to open fifth site in March
South-East based pub and nightclub operator Sevan Leisure is set to open its latest pub next month after an extensive refurbishment programme.
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News
Ireland to introduce minimum pricing
Ireland is set to introduce alcohol minimum pricing after its government signed off proposals included in a new public health bill.
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NewsGK’s Lowery joins Inventive
Nik Lowery has left Greene King to join New Inventive Bar Company, the owner of the Revolution vodka bar chain, as it new UK acquisitions manager
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News
Glass swaps M&B for Tesco
Richard Glass has become the latest Mitchells & Butlers (M&B) employee to leave the managed operator to join Tesco
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NewsChef Express UK seeks university presence
Chef Express UK is eyeing opportunities in universities as it seeks to expand its presence in the UK, M&C Report understands.
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News
Red Mist Leisure announces seventh pub
Red Mist Leisure has secured its seventh pub after taken on the free-of-tie lease at the Headley Hills in Surrey.
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News
Analyst corner: Enterprise Inns
Leading analysts Mark Brumby at Langton Capital, Geof Collyer at Deutsche Bank and Douglas Jack at Numis, take a look at this morning’s update from Enterprise Inns.
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News
Hawthorn appoints ops director
Hawthorn Leisure, the pub group backed by May Capital, has appointed Andrew Parker, formerly of Enterprise Inns, as its new operations director
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News
Charles Wells unveils new concept in French division
The French arm of brewer and pub operator Charles Wells has unveiled its new English Country Kitchen trading concept in Bordeaux.
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NewsWelcome Break to be fully branded
Welcome Break, the motorway service area operator, is set to have its food & beverage offer fully-branded by the end of April
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News
Beer and pub sector worth £22bn a year to UK economy
The British beer and pubs sector adds almost £22bn to the economy each year and supports roughly 870,000 jobs, a new report produced for the BBPA has found.
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Analysis & Insight
Food on the go sector outstripping GDP
The food on the go market is expected to grow by 2.9% this year driven by consumers demanding convenience and quality in the eating out sector
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NewsSubway to reach 3,000 UK stores by 2020
Subway UK anticipates it has the capacity to reach 3,000 UK stores by 2020 by focusing on non-traditional locations and could double its current UK estate of c.2,000, according to Greg Madigan head of brand at Subway
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NewsLeon on track for 12 sites in 2015
Leon has the funding and pipeline in place to open 12 new sites this year, according to co-founder John Vincent who was speaking at the Food on the Go conference
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NewsETI: 0.3% lfl growth in Q1 and capital investment review
Enterprise Inns has reported like-for-like net income growth of 0.3% for the 18 weeks to 31 January and confirmed it is reviewing its capital investment plans because of uncertainty over the pubs code.
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NewsWhitbread fuels Cost demerger talk with franchisee deal
Whitbread has reignited speculation over an eventual £3bn demerger of its Costa coffee shops after buying back one of the fast-growing chain’s biggest franchisees
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NewsBe At One secures Leeds site
Be At One, the Piper-backed cocktail bar chain, has secured its first site in the North, in Leeds