All MCA Insight articles in January 2016 – Page 13
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News
McGettigan’s secures first UK site
Glendola Leisure has sold its leasehold interest in Brogan’s, Fulham Broadway, to global bar operator McGettigan’s for an undisclosed sum.
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Morgan to leave GK
Greene King has confirmed to M&C that Alan Morgan, the last remaining senior member of Spirit Pub Company, is to leave the business later this year.
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Hawksmoor to open in World Trade Center
Hawksmoor has announced it will open the flagship restaurant in the World Trade Center at the end of 2017.
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Ford to assist Bill’s evolution
Graham Ford, the chief executive of Jackson & Rye, is to assist with the evolution of Bill’s
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FY revenue up 24% at Corbin & King
Corbin & King, operator of The Wolseley, reported a 24% increase in revenue to £43.8m in the year to 29 March 2015
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MOD sets out 2016 growth plans
MOD Pizza, the fast casual pizza, has provided a 2016 growth outlook which includes plans to double its store base to nearly 200 locations
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Michelin acquires Bookatable
Michelin has acquired Bookatable, the online restaurant reservation service.
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Cabana FY turnover breaks £10m mark
Cabana saw turnover climb 27% in the year to the end of 2015 to £10.4m, with October marking its first £1m month (net)
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Circus team acquires The Strand Dining Rooms
The team behind Circus, the Covent Garden-based bar and restaurant, has acquired the Strand Dining Rooms
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Former New Look CFO joins NewRiver board
NewRiver Retail, the UK REIT which owns 360 pubs, has appointed former New Look chief financial officer Alastair Miller as a non-executive director.
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Kotrys to oversee BB’s Coffee & Muffins expansion
Paul Kotrys, the former property director of Orchid Group, is to oversee the expansion of BB’s Coffee & Muffins
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Wood joins Comptoir Libanais as FD
The Levant Restaurants Group has further strengthened its head office team with the appointment of Diane Wood as its new finance director
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Kornicis growth to be driven by new brand
Richard Stringer, who led a management buy-in of London-based bar operator Kornicis in October, has told M&C he is developing a new brand to drive expansion.
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Asahi lines up bid for Peroni and Grolsch
Japanese drinks company Asahi is understood to be lining up a $3.4bn bid for Peroni and Grolsch.
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Greggs FY lfls up 4.7%
Greggs has reported total sales up 5.2% for the year to 2 January with managed shop like-for-likes up 4.7%.
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Starbucks Evenings launches at Euston Station
Caffè Ritazza and Starbucks will have presences in Euston Station, transport concessions operator SSP has confirmed.
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Hummus Bros eyes further expansion
Hummus Bros is planning to open two more sites this year as its plans to stock supermarkets with its products nears fruition.
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Made in Italy takes over Holy Drinker site
Made in Italy has acquired the Holy Drinker pub in Clapham and is planning on transforming it into a new concept for the brand, M&C understands.
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UK-wide hospitality jobs push launched
The British Hospitality Association (BHA) and the Department for Work and Pensions (DWP) have launched a national initiative to promote hospitality jobs.
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Cineworld UK FY retail sales up 11.4%
Cineworld has reported retail sales in the UK and Ireland up 11.4% for the 12 months to 31 December.