All MCA Insight articles in January 2014 – Page 16
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NewsWagamama FY lfls grow 3.4%
Wagamama, the Duke Street Capital-backed noodle chain, has told M&C Report that like-for-like sales grew 3.4% in the year to 28 April 2013 and emphasised that there’s “considerable potential” for continued expansion
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News
Lfls up 8.4% at Essenden
Essenden has reported an 8.4% increase in sales for the 15 weeks to 12 January 2014, with trading over the six week Christmas and New Year period up by 8.5%
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NewsJack: Marston’s to have made good progress
A leading analyst has said that although Marston’s faces the hardest comps and has limited exposure to London, he expects the company to have made good progress over Christmas
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News
Maximum gaming machine prizes raised
New regulations increasing prizes in pub machines come into effect from today (15 Jan)
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News
Good Pub Guide winners eye expansion
The team behind the Beckford Arms in Wiltshire, which was crowned dining pub of the year in 2013 Good Pub Guide are looking to expand across the region over the next few years
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News
Bistro Qui? to open smokehouse concept
Bistro Qui?, the Liverpool-based restaurant and bar group, is to launch a new smokehouse concept in the city later this spring
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Analysis & Insight
UK franchise businesses report best performance since 2008
Franchise businesses across the UK are operating at their best level since the country entered into recession in 2008, according to new research
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News
Hydes sets out plans Northern Quarter gastro-pub plans
Hydes, the Manchester-based brewer and pub operator, has set out plans to develop a hotel, pub and restaurant in the city’s Northern Quarter district
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NewsJack raises JDW TP
Leading analyst Doug Jack has raised his Target Price for JD Wetherspoon, “reflecting stronger medium-term growth prospects”, ahead of its H1 results next Wednesday
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News
San Carlo secures new Cheshire venue
San Carlo, the family-run Italian restaurant chain, is to open a new venture in Cheshire after acquiring Players Restaurant in Hale out of administration
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NewsNext Hall & Woodhouse MD won't be a family member
The next managing director at Hall & Woodhouse, the Dorset-based brewer and pub operator, will not be a family member, current MD Anthony Woodhouse has told South West Business Insider
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NewsPunch announces full restructure proposal
Punch Taverns, the tenanted and leased pub operator, has announced the full terms of its debt restructuring proposal and said that failure to effect the restructure would be expected to lead to a default in the near-term
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News
Mallon becomes Scottish Beer & Pub Association president
Steve Mallon, managing director of Scottish pub and bar operator Maclay Group, has taken over as president of the Scottish Beer and Pub Association
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Analysis & Insight
Despite recovery, decline in distress may only be temporary
The decline in business distress and in businesses being sold out of distress continued in 2013 as an inevitable consequence of the continuing economic recovery
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Analysis & Insight
Private equity to the fore across leisure sector
The influence of private equity, evident for many years in the leisure sector, was once again to the fore in 2013 across the wider leisure sector, according to Christie + Co director and head of leisure Jon Patrick
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NewsFormer pubs minister urges tougher action on pubcos
A former Government minister for pubs has urged Business Secretary Vince Cable to go further under the proposed statutory code of pub companies and give tenants the right to have a free-of-tie option combined with an open market rent review.
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News
'Poor' on-trade hits Hop Back
Hop Back Brewery, the Wiltshire brewer, has cited poor national on-trade sales as the main reason for falling into the red in the year to 30 September 2013
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NewsBBPA urges MPs to back beer duty freeze
British Beer & Pub Association chief executive Bridget Simmonds has written to MPs urging them to support a Parliamentary motion calling for a freeze in beer duty in the Budget on 20 March
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NewsM&B makes executive changes
Mitchells & Butlers (M&B) has announced a number of changes to its executive team after four senior resignations, of which two are understood to be joining Tesco and one Caffe Nero
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News
Obika plans flagship launches
Obika Holdings, the international mozzarella bar chain, plans three international flagship launches this year in New York, Dubai and London, M&C Report understands