All MCA Insight articles in February 2019 – Page 9
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NewsImbiba back Farmer J
Farmer J, the health-focussed fast casual concept, has secured £1.9m of investment capital to support its London expansion. The investment, supported by Imbiba, alongside existing shareholders and business angels, comes as the group prepares to open its third site – in Canary Wharf’s Canada Place - next month. Jonathan Recanati, ...
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NewsBeer sales saw biggest increase for 45 years in 2018
Beer sales saw the biggest year-on-year increase for 45 years in 2018, according to the latest Beer Barometer sales data from the British Beer & Pub Association (BBPA).
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OpinionInterview with an innovator: Saiphin Moore
The sale of her stake in Rosa’s Thai Café has not sated the Saiphin Moore’s appetite for the restaurant business. As well as her Lao Café concept, she is developing new brand, Slurp. Here, she talks to Sarah Sharples, of MCA’s sister title, Food Spark, about how far Thai food has come in London since she landed 14 years ago, the dishes she is proud to have put on the menu and her disinterest in a Michelin star.
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NewsPret to open house for the homeless
The Pret Foundation is to open a house for the homeless in partnership with West London Mission (WLM), at WLM St Luke’s.
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NewsNeds secures debut franchise in Southampton
Neds Noodle Bar has secured its first franchised site in Southampton’s Marlands Shopping Centre – the first of a planned 10 this year, MCA has learnt.
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NewsMandira closes Seven Dials
Mandira, the Turkish yoghurt bowl concept, has closed its site in Seven Dials, MCA understands.
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NewsBigChefs plans UK launch
BigChefs, the Turkish all-day dining concept, is working to create a joint venture in the UK to bring the brand to a central London location, MCA has learnt.
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NewsBEAR to make London debut in Jack Wills Soho
BEAR, the East Midlands based speciality coffee shop operator, is making its debut in London via a partnership with Jack Wills.
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NewsWarrens Bakery to extend roll out with Casual Dining Group
Warrens Bakery is to expand its partnership with Casual Dining Group (CDG), as part of an ambitious target to reach 700 sites over the next five years, with new openings planned at Gatwick and Heathrow T5, MCA has learnt.
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NewsChopstix lines up five new sites; disposes of 23 tertiary units
Chopstix has revealed to MCA the details of five new sites to open under its eponymous brand as part of its target to achieve eight to 10 openings in the current financial year, but has also disposed of c23 units
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NewsShaftesbury updates on trading and pipeline
West End landlord Shaftesbury has reported on the period from 1 October to 7 February, saying footfall and trading had been “robust”.
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News
EiG commercial properties sale approved
Ei Group shareholders have unanimously backed the disposal of the group’s commercial properties arm for £348m.
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NewsBoparan appoints KPMG to advise on Ed’s and Giraffe
Boparan Restaurant Group has confirmed that it has appointed KPMG at advise on its options for its under-performing brands, Ed’s Easy Diner and Giraffe.
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NewsYO! Sushi eyes 700 kiosks with Tesco
Richard Hodgson, the chief executive of YO! Sushi told MCA’s Food To Go Conference this week that he has identified 700 Tesco stores where the group could open a kiosk. The brand launched the partnership in October last year at two stores - Sunbury-on-Thames Extra and Bournemouth Extra – and ...
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NewsKFC FY lfls down 2% in the UK
KFC system sales were down 2% in 2018 but rallied in the final quarter with a 1% increase, parent company Yum! Brands has reported.
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NewsCasual dining brands to see negative growth of -0.1% in 2019
The casual dining market is set to see negative growth of 0.1% in 2019, the latest MCA data.
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NewsEx CAU MD joins Ivy Collection
Richard Clark, the former CAU managing director, has joined the Ivy Collection as operations director within the London estate.
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Analysis & InsightMore women in hospitality in senior boards positions
The percentage of women in board level positions at FTSE 100 hospitality, travel and leisure companies has risen by 3% over the last year, new figures have revealed.
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Analysis & InsightSpending up in Q4 2018 - Deloitte
Consumer spending was up across the board year on year in 2018 Q4, with pubs (5 percetnage points) and restaurants (6ppts) seeing the most significant rises, Deloitte analysis reveals.
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NewsThe Potting Shed Harrogate closes
The Potting Shed in Harrogate, the last opening under the Burning Night Group, has closed, MCA understands.