Finance – Page 180
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News
French: Nando’s most significant challenge to Domino’s
Leading sector analyst Simon French at Cenkos has said that Nando’s is the most significant challenge to Domino Pizza’s market share of the home delivery market.
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Just Eat 2016 orders worth £2.5bn
Just Eat, the online delivery platform, processed orders worth over £2.5bn for its restaurant partners in 2016.
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NewsPiper makes £10m investment in Flat Iron
Piper has completed a deal to take a significant minority stake in Flat Iron
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NewsStonegate completes £595m refinancing
Stonegate Pub Company has strengthened its financial position after completing a £595m refinancing
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NewsGusto secures £9m funding package
Gusto has secured an additional £9m funding package from Santander to support its growth plans and target new sites across the UK
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Humble Grape plans four sites a year
Humble Grape, the London-based wine merchant and bar/restaurant operator, has confirmed it will launch a £1m crowdfund, as revealed by MCA in January.
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Q4 like-for-like sales up 3.7% at Network Rail
Network Rail has a reported that like-for-like retail sales at its managed stations grew by 3.7% in Q4 2016
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FY lfls up 7.1% at Cirrus
Cirrus Inns, the 20-strong pub group, saw like-for-like sales increase 7.1% in the year to 30 June 2016
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NewsPiper set to take stake in Flat Iron
Piper is in exclusive talks to invest in Flat Iron, the ‘single-steak’ dining concept led by Charlie Carroll
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Imbiba: Temper performing ahead of expectations
The Imbiba Partnership has revealed double-digit growth figures for its established brands and has said Neil Rankin’s Temper is its first start-up to outperform early expectations.
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NewsFY lfls up 4.2% at Greggs
Greggs has said that its ‘Balanced Choice’ range of healthier options now accounts for over 10% of sales
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NewsImbiba to launch UK-wide £50m growth fund
Imbiba is to launch a c£50m growth fund, which will see it partner with fledgling operators across the UK, MCA has learnt.
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Intu 2016 footfall up 1.3%
Shopping centre landlord Intu has reported footfall up 1.3% in 2016 with estimated retailer sales in its centres up 0.2%.
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Hammerson sees shopping centre footfall drop 0.5%
Shopping centre landlord Hammerson has reported a 0.5% fall in footfall in 2016 with retailer sales down 1.1%.
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Aqua Restaurant Group seeks new investment
Aqua Restaurant Group may seek outside investment to back its expansion plans
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NewsForesight in talks to invest in Mowgli
Foresight Group, the private equity firm, is in exclusive talks to take a stake in Mowgli, the Liverpool-based Indian street food restaurant
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NewsHeineken reveals plans for Punch pubs
Heineken is to review “a number” of initiatives operating across the Punch estate – including its Falcon retail contract programme – as it seeks to “keep the best of both worlds in the newly expanded estate”, MCA has learnt.
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NewsAll Star Lanes undergoes refinancing
All Star Lanes has undergone a £3.5m refinancing, which will aid further expansion, with two new sites already lined up
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NewsToridoll acquires £7m stake in Shoryu Ramen
Toridoll Holdings Corporation has acquired a 40% stake in Shoryu Ramen for £7m
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News
Heineken to buy Brasil Kirin
Heineken has reached an agreement to buy Brasil Kirin Holdings from Asahi for £565m.