Finance – Page 290
-
News
Ministry of Sound club revenues grow 5%
Ministry of Sound, the music business that runs the eponymous nightclub in London’s Elephant and Castle, saw revenue in its club division grow again in the year to 31 December 2012
-
News
Rollo: Expects slowdown at JDW
A leading analyst has said that expects JDW to report a slight slowdown in LfL sales from 3.7% in Q1 to 2% in Q2 and aslight contraction in the operating margin in F14
-
News
AB InBev invests in Bar Pass
AB InBev has made an investment in start-up firm Bar Pass, which will see the company’s technology rolled out across the country nest year.
-
NewsRollo: Solid Q1 expected from Spirit
A leading analyst has said he expects solid Q1 Managed LfLs from Spirit Pub Company given it reported a 4% increase for the first eight weeks and Christmas sits midweek
-
News
FY PBT up at Zerodegrees
Zerodegrees, the microbrewery, pub and restaurant operator, has reported an increase in full-year pre-tax profit despite a slight decline in turnover
-
NewsAnalyst corner
A trio of leading analysts - Jamie Rollo at Morgan Stanley, Wyn Ellis at Numis and Karl Burns at Panmure Gordon - take a closer look at the Costa investor day
-
News
Osmond vehicle acquires Berkshire venture
SCP Hotels Limited, which is led by former Pizza Express and Punch Taverns entrepreneur Hugh Osmond, has acquired the Great House Hotel and Restaurant in Sonning-on-Thames, Berkshire, for c£5m
-
News
Captive Media secures funding for UK rollout
Captive Media, the company behind the first interactive washroom media system for on-trade venues, has appointed three new industry figures to its Board of Advisors and secured £300k in new funding to boost the company’s presence across the UK.
-
Analysis & Insight
WRBM acquires Allegra’s Foodservice portfolio
M&C Report’s owner William Reed Business Media (WRBM) has acquired the Allegra Foodservice business - formerly a division of Allegra Strategies
-
News
F&B drives Network Rail growth
Retail sales at Britain’s biggest and busiest railway stations continue to significantly outperform the high street, aided by an increase in sales across food retailers, pubs and bars, latest figures from Network Rail show
-
Analysis & Insight
Further squeeze on household spending
Household spending on alcohol and tobacco declined from £13.60 a week in 2010 to £12.60 in 2012, while spend on restaurants and hotels fell from £42.30 to £40.50
-
News
McMullen’s secures Old Bank of England site
Hertfordshire brewer and operator McMullen’s has secured the freehold of the building occupied by the Old Bank of England Pub in London’s Fleet Street for a sum believed to be in excess of £8m
-
NewsCollyer and Ellis raise Whitbread TPs
Leading analysts have given their views on Whitbread following its Q3 interim management statement yesterday
-
News
Coal secures new funding for growth
Coal Grill & Bar has secured a further tranche of funding from existing investors as it looks to add up to 13 sites to existing estate over the next three years.
-
News
McDonald’s November sales increase 0.5%
McDonald’s, the fast food behemoth, has reported a 0.5% increase in global comparable sales in November, aided by a 1.9% rise in sales across its European operations
-
NewsWhitbread lfls grow 4.3%
Whitbread, the leisure group, has reported a 4.3% rise in like-for-like sales in the 13 weeks to 28 November, led by Premier Inn and Costa which saw like-for-likes grow 5.4% and 4.9% respectively -
NewsLoungers eyes Cosy Club roll out as H1 lfls grow 6%
Loungers, the Piper-backed cafe bar operator, is looking to expand its Cosy Club concept into Manchester, Bristol and Southampton as it reports a 6% rise in like-for-like sales in the 26 weeks to the end of October
-
News
City Pub Co set to close latest fundraising round
City Pub Company, the Enterprise Investment Scheme (EIS)-funded pub operator, is set to close its latest round of fundraising this week, which will see it raise £10m in 10 days, M&C Report understands.
-
News
Honest Burger secures expansion fund
Honest Burgers, the London-based concept led by ex-Bill’s operations director Dorian Waite, has secured a new funding package from Santander to aid its expansion plans in the capital
-
NewsFrench: Concerned over Costa slowdown
A leading analyst has said he remains concerned over a potential slowdown in UK like-for-like equity store sales at Costa