All MCA Insight articles in February 2015 – Page 3
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News
Zonal launches solution to combat slow service
Zonal Retail Data Systems has launched Kitchen iQ to help operators improve speed, quality and accuracy of service
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NewsFY lfls up 2.8% at TRG
The Restaurant Group has reported a 2.8% rise in like-for-like sales for the year to 28 December
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News
Revolution Bars sets price range for IPO
Revolution Bars, the 58-strong group led by Mark McQuater, has announced the expected price range of its IPO with a prospectus expected to be published later today.
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NewsSports Bar & Grill rejects JDW acquisition bid
Bar Holdings – the company behind the Sports Bar & Grill chain – rejected an acquisition bid from Wetherspoons earlier this month
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News
Burning Night Group eyes nationwide expansion
Burning Night Group, the Leeds-based operator of bars, has lined up its next opening in Cardiff city centre in August as part of plans to open a further eight venues across the UK in the next three years, M&C Report has learnt
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Analysis & Insight
On-trade festive food and drink sales up 2%
A total of 165m visits were made to pubs, bars and clubs over the festive period - an increase of 15m from the previous year - with total food and drink sales up 2% on the 2013 period
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NewsFatburger set for UK debut
Fatburger is set to become the latest US burger operator to launch in the UK, with the brand in advanced talks on a site in London’s Camden Town
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News
Odeon cinema chain placed on the market
Terra Firma, the private equity firm led by Guy Hands, is to place its Odeon and UCI cinemas chain on the market, with an asking price of c£1bn
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News
Bowland Village Inns completes rebrand to Fayre Inns
Bowland Village Inns, the Steven Greenhalf-led pub operator, has completed a restructure and rebrand of its business – splitting into Signature Fayre and Fayre Table.
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NewsOakman could remodel company around Beech House brand
Peter Borg-Neal, chief executive of Oakman Inns, has told M&C Report he is seeking a third site for the Beech House concept and that if it continues to succeed in multiple sites the company could be remodelled around the brand.
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News
ABInBev UK volumes up 1.5% in FY14
ABInBev, the Stella Artois and Budweiser brewer, has reported “a very strong year” in the UK, with volumes of its own-brand products up 1.5%% in FY14 and 2.1% in the last quarter.
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News
E&Y updates on former Orchid sites
Ernst & Young has reported that it has sold 38 of the 49 former Orchid pubs that were placed into administration last June
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News
Street food operators set for Euston Station
Street food operators The Rib Man and Big Apple Hot Dogs are set to be amongst the street food operators to launch units at London’s Euston Station
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News
Highest pub rent costs in two years
Pub rent as a percentage of projected turnover reached its highest level for almost two years in the last quarter of 2014, but saw a slight drop overall compared to 2013, according to the Royal Institute of Chartered Surveyors Pub Benchmarking Survey.
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NewsASK to focus on city centres
ASK Italian, the Bridgepoint-backed Italian restaurant, is to focus its expansion plans on city centres where it is “unrepresented”, according to CEO Stephen Holmes speaking at the Casual Dining show
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News
KFC trial edible coffee cups
KFC has launched the first edible coffee cup made from biscuit to mark the launch of Seattle Best Coffee in KFC branches across the UK
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NewsCosta must step up international growth
Costa must “step up” its international rate of growth to achieve its overseas targets, according to Andy Harrison, chief executive of Whitbread speaking after the group posted its Q4 results
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NewsMcDonald’s accused of avoiding €1bn in taxes
Trade unions and a campaign group have accused McDonald’s of deliberately avoided paying about €1bn (£727m) in European tax
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News
Bespoke Inns grows to three
Bespoke Inns, the Derbyshire-based pub operator, has opened its third site - The Boot at Repton.
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News
Paul UK confirms Newbury launch
Paul UK, the artisan bakery chain, has confirmed its second regional opening – and 32nd overall - will be in Newbury on Wednesday 25 March.