All MCA Insight articles in January 2014 – Page 7
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NewsCerberus acquires £170m Spirit portfolio
Cerberus Capital Management, the US private equity owner of Admiral Taverns, has completed the acquisition of a 102-strong portfolio of pubs from Nick Leslau’s Prestbury Holdings, in a deal valued at £170m
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Koh Thai Tapas to trial takeaway and bar offshoot
Koh Thai Tapas (KTT) has unveiled plans to open a smaller version of its Thai restaurant concept that combines a takeaway and a bar
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NewsM&C20 in reverse as ‘big boys’ falter
The M&C20 Index suffered a 2% reverse this week after strong recent gains with seven of the biggest eight companies’ shares in decline
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Cattle Grid founders to launch pub format
Shaun Gray and Steve Novak, the owners of Cattle Grid, the fast-casual steakhouse chain, are to open a new pub format in London’s Earlsfield
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NewsYO! Sushi named UK's most trusted restaurant brand
YO! Sushi came top of the list with 8.4 out of 10 in a new survey
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NewsSmall brewers tell Cable: pubcos have improved
Small brewers have expressed serious concerns about Government plans to implement a statutory code in the pubco/tenant relationship and have told Business Secretary Vince Cable that major pubcos have improved the way they treat licensees
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Former Pubfolio pub sold
A North Devon pub that was formerly part of the Pubfolio estate has been sold off a guide price of £125,000
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Ego sets out pub requirements
3Sixty Restaurants is looking for pub sites on the fringe of high streets or in destination affluent suburban locations to aid the expansion of its Ego brand as it looks to acquire three to five pubs over the next 18 months
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NewsLeon starts regional expansion drive
Leon, the healthy fast food chain led by Henry Dimbleby and John Vincent, has embarked on its expansion drive outside London, with an opening of a site at the Eurotunnel terminal in Folkestone and restated that it could grow to over 100 units across the UK
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Chimichanga grows pipeline
Prezzo, the Jonathan Kaye-led group, has lined up a further three sites for its Mexican brand, Chimichanga, as it closes in on the 40-site mark
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One in three restaurant websites are mobile-friendly
A third of restaurant websites are mobile-friendly but the sector still has more to do to reach the majority of smartphone users, according to new research
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Punto Pasta site marketed
Punto Pasta, the north Italy-based restaurant group, has placed its only UK site in London’s Gresham Street on the market
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Itsu secures Earl of Sandwich site
The Earl of Sandwich, the sandwich bar concept, has agreed to sell its only site in the UK to Itsu
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NewsJust Falafel eyes new territories
Just Falafel, the falafel chain that launched its first UK store in December 2012, is looking to enter other markets in Europe and Asia, chief executive Fadi Malas has told Gulf Business
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French Tarte eyes expansion
The French Tarte, the boulangerie and patisserie concept, has revealed plans to open five outlets in Surrey before 2017
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Loungers completes Brighton double
Loungers, the Piper-backed cafe bar operator, has completed the acquisition of two sites in Brighton for openings in March
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Bianco43 secures fourth site
Bianco43, the Italian restaurant group, will open its fourth site in London next week, in Trafalgar Square
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Analysis & InsightIt’s murder on the dancefloor
In line with the lion’s share of current consumer data, Zolfo Cooper’s latest exploration of leisure spending habits points to rising confidence amid economic recovery. But there is one leisure sub-sector in which significant challenges remain – nightclubs, where the market seems to be suffering from a behavioural change among 18 to 34-year-olds, says the company’s Paul Hemming
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InterviewsFriday five-minute interview
M&C Report talks to Peter Borg-Neal, chief executive of Oakman Inns and Restaurants, the Hertfordshire-based multiple operator, about his best investment, his best business decision and the best piece of advice he’s ever received
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Gaymers strike threat averted
Workers at the Gaymer Cider Company in Shepton Mallett, Somerset have agreed a 3% pay increase for 2012-13 averting industrial action