All MCA Insight articles in January 2015 – Page 14
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News
Honest Burgers: Active has a long-term vision for the brand
Dorian Waite, co-founder of Honest Burgers, has told M&C Report that new backer Active Private Equity has a long-term vision for the brand, including targeting five to eight openings a year
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NewsJamie’s confirms More London opening
Jamie’s Italian, the restaurant group spearheaded by Jamie Oliver, has confirmed it will open a further flagship site in central London, near London Bridge.
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NewsFY turnover up at Giggling Squid
Giggling Squid saw turnover for the year to 31 March 2014, climb to £4.5m, up from £2.7m in the previous 12 months, as it looks to step up its openings rate to seven or eight sites a year
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NewsNWTC secures Liverpool One site
The New World Trading Company (NWTC) is set to open a new site in Liverpool called The Beach House
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NewsGK managed lfls up 0.6%
Greene King has announced like-for-like sales up 0.6% in its managed pubs for the 36 weeks to 11 January, with sales up 2% for the festive period amid record breaking Christmas Day trading.
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Analysis & InsightCaught in the maul
It is not a technical term, but the word that many operators have used to some up their thoughts on the next 12 months is mental. Competition will continue to be fierce with all the on-going challenges that brings with it
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News
Stonegate’s common room concept to grow to 20 sites in 2015
Stonegate is to open the tenth of its evolved student bar concept, the common room, in Oxford this week with a further site in Reading due to open next month, M&C Report has learnt.
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News
Castle Rock launches licensee training course
Castle Rock, the Nottingham-based brewer and pub operator, is launching a licensee training course in Nottingham to train personal licensees in hospitality and alcohol retailing
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News
Meantime secures £6m finance package from HSBC
Meantime, the London-based craft beer brewery, has secured a £6m funding package from HSBC to double its beer production and increase its export capacity
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NewsFive Guys UK up to 20
Five Guys will open its twentieth UK site later this morning in Edinburgh and hopes to add 22 units in total across the country this year
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News
Draft House to roll out optics cocktail range
Draft House, the London-based craft beer bar concept, is to roll out the optics cocktail range from its Bump Caves site across its estate, starting with its latest acquisition, the Laurie Arms on Shepherds Bush Road.
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NewsWasabi strengthens pipeline
Wasabi has further strengthened its openings pipeline with three further sites secures in London and a third unit lined up for New York
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News
Taylor St raises £1.8m
Taylor St Baristas, the coffee chain, has raised £1.86m through the UK’s first crowd-sourced “Coffee Bond”
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News
Red Hot's Liverpool One site temporarily temporarily closes
Red Hot World Buffet, the Risk Capital Partners backed buffet group, has temporarily closed its Liverpool One restaurant following a visit from environmental health officers, the Liverpool Echo reports
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News
Eagle Eye revenues up 276%
Eagle Eye, the digital loyalty company for the retail and hospitality sectors, has grown its revenues by 276% to £2.3m for the six months ending 31 December 2014 compared to £0.6m in H1 2014
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Analysis & Insight
ALMR launches annual benchmarking survey
The Association of Licensed Multiple Retailers (ALMR) has launched the ninth edition of its annual benchmarking survey for licensed hospitality businesses
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News
SSP launches evolved Beer House format
SSP UK, the travel concessions operator, has launched an evolved version of its Beer House concept at London’s Victoria Station
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News
Pearmain Pubs lines up sixth opening
Permain Pubs, the food-led Surrey pub group run by former Blubecker’s chief Richard Brown, will open its sixth pub this May
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NewsJack: All Marston’s divisions to be positive
Leading analyst Douglas Jack at Numis has said that he expects trading at Marston’s to have remained positive across all its divisions
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News
Bar Sport looks to open managed sites
Bar Sport founder Scott Murray has told M&C Report he is looking to open some managed sites to sit alongside his franchised portfolio.