All MCA Insight articles in January 2014 – Page 17
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NewsOperators sign up for Lakeside redevelopment
Wasabi, Rhythm Kitchen and Thai Express have become the latest operators to sign up for units at the £9m redevelopment of Lakeside shopping centre’s food court
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3Sixty eyes pubs for Ego expansion
3Sixty Restaurants, the group led by James Horler and backed by Luke Johnson, is looking to acquire pubs as part of its expansion plans for its Ego brand
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Papparoti makes UK debut
Papparoti, the international chain of coffee shops renowned for its signature buns, has made its debut in the UK, in London’s Bayswater
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Glendola unveils latest concept
Glendola Leisure, the London-based bar and restaurant group, has unveiled details of its latest concept in the City, a joint cocktail bar/steak restaurant set across two floors called Grace & Grain
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Hakkasan acquires US hospitality group
Hakkasan has acquired a controlling stake in Enlightened Hospitality Group (EHGRP), a San Diego-based hospitality development company
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NewsM&G eyes more sector investments
M&G Investments, the investment fund that recently leant money to Hall & Woodhouse and Caffe Nero, expects to make more investments in the leisure and hospitality sector through its new fund, M&C Report has learnt.
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El Mexicana secures Swindon site
El Mexicana, the fast-growing Mexican concept, has secured its first site of 2014, at the Swindon Designer Outlet
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Bunnychow secures Soho site
Bunnychow, the South African street food concept, has appointed former Chiquito executive chef David Peevers as its new head of food and operations and secured a site in Soho, M&C Report understands
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Pitfield sets up consultancy business
Duncan Pitfield, the former director of operations at Hakkasan, has set up his own eponymous consultancy firm
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Warning over new rent arrears regulations
New regulations governing the ways in which landlords are able to recover commercial rent arrears could upset relationships between owners and tenants, according to property consultancy firm Bruton Knowles
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Tony Macaroni to expand across Scotland
Tony Macaroni, the Italian restaurant group, and ice cream brand Nardini’s have announced plans to grow from 12 to 20 sites across Scotland by 2015
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NewsJack raises Spirit TP
Leading analyst Douglas Jack has increased his Target Price for Spirit Pub Company from 100p to 110p after this morning’s Q1 interim management statement
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NewsSpirit Q1 Managed lfls grow 4.3%; Leased returns to growth
Spirit Pub Company has reported a 4.3% rise in like-for-like net sales in its Managed arm in the 20 weeks to 4 January - including growth of 7% over Christmas - while its Leased estate returned to like-for-like net income growth
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Bramwell's Weir joins Davy's as ops director
Sarah Weir, former commercial director of Bramwell Pub Company, has become the first female director since the 1950s to join the board of London-based wine bar operator Davy’s
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NewsAnalysts upbeat on Greene King
Leading analysts have given a positive response to Greene King’s Q3 trading update yesterday, in which it reported a 5% rise in like-for-like sales at its managed sites in the past six weeks, with managed like-for-likes up 6.3% in the two weeks over Christmas and the New Year
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Jim Beam producer sold for $16bn
Beam Inc, the producer of the Jim Beam drinks brand, is to be bought by Japanese drinks manufacturer Suntory for c$16bn (£9.7bn)
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Anglian Country Inns names first ops director
Anglian Country Inns (ACI), the Hertfordshire-based pub and restaurant group, has appointed Howard Nye as its first operations director
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Luminar names new chairman
Luminar, the nightclub operator led by Peter Marks, has announced that Alex Geffert is to step down as chairman on 16 January and will be replaced by Bob Brannan, former group managing director of Whyte & Mackay and William Grant Distillers and Rangers Football Club
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NewsPV begins sandwich delivery rollout
Patisserie Valerie has launched its online sandwich delivery service in central London following a successful the trial in Leeds city centre