All MCA Insight articles in January 2018 – Page 4
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News
Torres replaces Dawson at Taco Bell
Jorge Torres, formerly of Nestle and Coca-Cola, has replaced Nick Dawson, general manager of Taco Bell UK and Europe, MCA understands.
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News
Horticulture & Gentlemen Baristas sign on East India Dock scheme
Real estate investment and development business Trilogy Real Estate and LaSalle Investment Management, the leading real estate investment manager, has secured two F&B lettings at Republic, their next-gen workplace campus in East India Dock aimed at companies priced out of Central London and Shoreditch.
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NewsSpotlight falls on Prezzo’s trading
After the struggles faced by Jamie’s Italian and Byron, reports this morning suggest Prezzo could be the next casual dining chain to have to undergo a restructuring.
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NewsJDW: Drinks sales growth now almost equal to food
JD Wetherspoon chairman Tim Martin has told MCA that the growth in drink sales across the estate is now almost at parity with food, for the first time in 15 years.
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NewsTossed ‘in growth mode’ as it adds two sites
Tossed, the healthy food-to-go operator is to open its first site in a year in Horseferry Road in April and will be part of the refurbished Fleet Services, MCA understands.
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NewsJamie’s Italian suffered from under investment
Under investment, especially in older restaurants, while investing in unsuitable or costly newer locations, were key reasons for Jamie’s Italian closing 12 sites and carrying out a CVA.
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NewsBill’s to trial new ‘Best of Bill’s’ concept
Bill’s Restaurants, the Richard Caring-backed chain, is rolling out three concept sites to test drive an evolved experience and menu, MCA has learnt.
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News
National scheme launched to cut plastic bottle usage
A national drinking water scheme has been launched in a bid to cut plastic bottle usage by tens of millions each year.
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News
Boparan confirms deal to bring Slim Chickens to UK
Boparan Restaurant Group has confirmed that it has partnered with US chain Slim Chickens to bring the brand to the UK, as revealed by MCA yesterday.
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News
Former S&N FD joins Young’s board
Young’s has announced the appointment of former Scottish & Newcastle group finance director, Ian McHoul as a non-executive director, with immediate effect.
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News
New pubs minister revealed
Richard Harrington, parliamentary under secretary of state at the Department of Business, Energy and Industrial Strategy, has revealed he was appointed as the new pubs minister earlier this week, during a Westminster Hall debate on the application of the Pubs Code 2016, yesterday (24 January).
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News
EiG beerista scheme to take on £3.7b coffee market
Ei Group has unveiled a tailored ‘Beerista’ coffee offer to support publicans take advantage of £3.7b UK coffee market.
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NewsEdinburgh Airport first site for Barburrito/TRG partnership
Barburrito has opened its first airport site, in Edinburgh Airport this week, kicking off a new partnership with The Restaurant Group (TRG).
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NewsChicago Rib Shack to open in Boxpark Croydon
Chicago Rib Shack has secured its fifth site in Boxpark Croydon, which it has announced it will be opening “very soon”.
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News
Malhorta to replace Scalini’s with new concept El Paso
Malhotra Group, the public-listed Newcastle-based hospitality group, is opening a new Spanish-Mexican restaurant El Paso.
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OpinionWhy the hospitality industry needs more mentors
The restaurant and bar sectors face a maelstrom of challenges – but with this comes new opportunities, argues Rocket Restaurants and Jones Family Project founder Amit Joshi. With people at the heart of a successful business, Joshi makes the case for mentoring programmes being vital for the future prosperity of the industry
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News
GK managed YTD lfls down 1.4%; festive sales up 1.6%
Greene King has recorded a 1.4% decline in like-for-like (LFL) sales in its Pub Company business for the first 37 weeks of the year to 14 January 2018.
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News
Fuller’s managed lfls up 3%
Fuller’s has this morning reported a “solid performance” over the 42 weeks to 20 January 2018, with like-for-like sales in its Managed Pubs and Hotels up 3%, like-for-like profits in Tenanted Inns rising 2% and level total beer and cider volumes in The Fuller’s Beer Company.
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NewsTRG FY lfls down 3%
The Restaurant Group has reported like-for-like sales in the 52 weeks to 31 December down 3%, with total sales down 1.8%.
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NewsSlim Chickens plans UK launch
Slim Chickens, US restaurant chain which specialises in chicken tenders and wings, is planning to launch in the UK