All MCA Insight articles in January 2014 – Page 22
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News
Butcombe PBT falls 58.5%
Butcombe Brewery has reported a sharp fall in full-year profits and says it’s taking action against its legal advisors in relation to costs incurred to enact a break clause on a pub lease
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News
La Tagliatella in UK debut talks
La Tagliatella, the Italian restaurant brand owned by AmRest, the largest independent restaurant operator in Central and Eastern Europe with 700 sites, is believed to be in talks on its first site in the UK
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News
JDW and coffee shops benefit from Woolworths demise
JD Wetherspoon and coffee shops were amongst the beneficiaries of the collapse of retailer Woolworths, according to carried out by Gateshead-based retail consultancy CannyInsights.com
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Opinion
Word on the street
Bar and club operator and now street-food kingpin Jonathan Downey discusses how the mobile vendors have become a match for ‘traditional’ restaurants
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News
Taxpayers 'subsidising unfair practices of pubcos'
Taxpayers will subsidise the “unfair” practices of tenanted pub companies to the tune of c£33m - or potentially more than £100m - per year unless the Government presses ahead with plans to reform the tenanted model, a political think tank has told the Government
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News
Panino Giusto eyes rollout
Panino Giusto, the Italian restaurant chain, is in talks to add two further sites in central London to its UK estate
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News
Pickled Inns emerges from Flying Kiwi Inns
A new Norfolk-based company Pickled Inns has been a launched after the acquisition of two pubs from Flying Kiwi Inns, the group led by Kiwi chef Chris Coubrough and his wife Jo.
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News
Loungers promotes Collins to COO
Loungers has promoted current finance director Nick Collins to chief operating officer (COO) to support its push through the 50-site barrier and beyond to its 2017 target of 90 sites
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News
Cote secures Bury St Edmunds site
Cote Restaurants, the CBPE-backed group, is set to open its first site in Suffolk, after exchanging on a unit in Bury St Edmunds.
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News
Nero appoints new head of business development
Caffè Nero, the Gerry Ford-led Italian coffee chain, has appointed Simon Thomas as its new head of business development
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News
Jack: Spirit’s outperformance to have continued
A leading analyst has said that he expects Spirit Pub Company’s outperformance against the sector to have continued over the last 12 weeks
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News
Spice 2 Go eyes expansion
Spice 2 Go, the Indian takeaway chain, is targeting two city centre openings this year, M&C Report has learnt
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News
Tynemill reports steep fall in FY profits
Tynemill, the East Midlands brewer and pub operator that trades as Castle Rock Brewery, saw pre-tax profits fall from £314,700 to £75,000 in the year to 31 March, a period the group called “particularly challenging”.
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News
Jack upgrades Domino's UK forecast, expects German losses to mount
Leading analyst Douglas Jack has upgrading his UK forecast for Domino’s Pizza after the company reported a 10.9% rise in like-for-like sales in the country in Q4, although he increased his 2013 losses forecast for Germany from £6m to £7.8m
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News
Domino's UK lfls grow 10.9%
Domino’s Pizza has reported a 10.9% rise in like-for-like system sales in UK mature stores on the 13 weeks to 29 December - “partly driven by increased digital marketing activity and more favourable timing of the Christmas break compared to last year” - and said it will transfer 13 of its 15 corporate stores in Germany to franchises
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News
Chinese group secures Ram Brewery
Chinese group Greenland has made its first investment in the UK after securing the Ram Brewery in Wandsworth from Minerva for a total investment of £600m
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News
Brakspear holds prices of own ales
Pub operator and brewer Brakspear is holding prices on all Brakspear ales supplied to its 129 pubs
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News
Original Bowling Co FY EBITDA grows 7%; festive lfls rise 8.4%
The Original Bowling Company (TOBC), the 44-strong Hollywood Bowl operator, has reported a 7% rise in EBITDA after central costs in the year to 30 September and saw an acceleration in like-for-like sales growth over the festive period
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News
Jamaica Inn on the market
The Jamaica Inn, the Cornish pub that was the inspiration for Daphne du Maurier’s novel of the same name, has been placed on the market for £2m, according to The Times
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News
Wareing wants 'less stuffy' staff
High-profile chef Marcus Wareing is to encourage his staff to be less “stuffy” and more American in their approach to service as people’s habits have changed since the downturn, according to The Telegraph