All MCA Insight articles in January 2014 – Page 19
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NewsRollo: M&B expected to report c1% lfl growth
A leading analyst has said that he expects Mitchells & Butlers (M&B) to only report c.1% like-for-like sales growth despite what should be a strong festive season when it updates the market at the end of this month
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NewsFormer Gondola exec to head Slug & Lettuce
Stonegate, the managed operator, has announced the appointment of Clare Staples to head up its Slug & Lettuce, Missoula and Living Room brands
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Cineworld to double estate with £503m Polish acquisition
Cineworld, the UK’s largest cinema operator, is to double its estate to 201 sites with the acquisition of Cinema City International (CCI), which runs 99 cinemas in East Europe and Israel, for £503m
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NewsDuvel Moortgat to set up UK office
Duvel Moortgat, the Belgium brewer behind the Duvel and Vedett brands, is setting up a UK office from the end of this month
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NewsTRG: Trading, expansion, economy
M&C Report talks to The Restaurant Group (TRG) chief executive Andrew Page about the trading environment, its 2014 openings pipeline, the performance of Coast to Coast and the current economic climate. We also round-up the response of the leading analysts to the group’s pre-close trading update
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NewsFowle takes Tesco Family Dining CEO role
Adam Fowle, the ex-Mitchells & Butlers (M&B) chief executive, has become chief executive of Tesco Family Dining, the retailer’s subsidairy that oversees its growing foodservice portfolio
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Feng Sushi to launch grab and co concept
Feng Sushi is to launch a new grab and go format later this year, with plans to expand the concept across the capital
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NewsGreggs has 'momentum' behind coffee
There’s “more momentum to come” on Greggs’ coffee sales as the bakery chain increases the scope of its coffee offer and adds more seating, according to chief executive Roger Whiteside
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NewsBramwell owed £60.6m at collapse
Bramwell Pub Company collapsed owing £60.6m to creditors, according to a new report that says the decision to put the company in administration followed a deterioration of trade and was sparked by one of its suppliers reducing its credit terms and demanding phased payments totalling £2.2m
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Smoke BBQ brand launches
Smoke BBQ, a new concept claiming to be the UK first open-pit barbecue restaurant, has opened its first site in Sheffield with plans to open a further 15 sites across the north by 2020
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NewsLa Pataterie nears UK launch
La Pataterie, the French restaurant concept, which has grown to c170 sites in France, plans to launch in the UK this year, before rolling out across the country
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Kosebasi plans UK launch
Kosebasi, the award-winning Turkish restaurant chain, is planning a launch in the UK, M&C Report understands
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Pierre White places Sydney Grill on the market
High-profile chef Marco Pierre White has put his Sydney Street Grill site in London’s Chelsea on the market, M&C Report understands
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NewsPoulson promoted at Domino’s
Domino’s Pizza has promoted Julia Poulson from head of property to the role of property and business development director
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Pay-per-minute café opens
Ziferblat, the first UK branch of a Russian café chain, has opened in London’s Old Street, where everything is free inside except the time you spend there, which costs 3p a minute
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InnBrighton sets 2014 acquisitions target
InnBrighton, the Brighton-based multiple pub operator, hopes to secure between three and five more sites this year after acquiring its latest London outlet, chairman Gary Pettet has told M&C Report
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Morrison Bowman buys inn
Scottish distiller Morrison Bowmore has bought an inn on the island of Islay for an undisclosed sum
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Vimac Group in administration
Vimac Group, the Newcastle-based multi-site operator, has been placed in administration with Begbies Traynor, according to a notice published yesterday at Companies House
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FY EBITDA up 5% at Gusto and Blackhouse
Gusto and Blackhouse, the Living Ventures-owned restaurant brands, reported a 5% rise in EBITDA for the year to 31 March 2013 to £2.4m, as turnover climbed 7% to £27.3m
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NewsD&M turnover up 2.4%
Drake & Morgan has reported a 2.4% rise in turnover on a like-for-like basis to £4.1m for the three months to the end of June