All MCA Insight articles in January 2019 – Page 4
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News
Pod reports lfls up 5% in 2018
Pod, the healthy grab and go concept, has reported like for like sales up 5% for the full year in 2018.
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News
Gloria Jean's confirms Glasgow, London next
Gloria Jean’s, the Australian coffee house concept, has confirmed its first UK site will open at St Enoch Centre in Glasgow next month, with a second to follow in London.
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News
Dishoom appoints FD
Dishoom has appointed Stephen Neudegg, ex of Casual Dining Group as its finance director.
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News
Black Sheep Coffee lfl growth 28.7% in in Q4 2018
Black Sheep, the speciality coffee shop group, has reported 28.78% like-for-like sales growth for Q4 2018.
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News
HMRC ‘warned Patisserie Holdings in 2016 about possible fraud’
HM Revenue & Customs raised concerns with Patisserie Holdings that some of its invoices and cheques had been forged more than two years before the group revealed its accounting blackhole, The Times has reported.
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News
Pho updates on pipeline
Vietnamese restaurant brand, Pho, has updated on new openings and its refurbishment programme.
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News
Fuller’s to sell beer business to Asahi for £250m
Fuller’s has agreed to sell the entirety of its beer business to Asahi for £250m.
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News
White Brasserie planned for Highcliffe
Brasserie Bar Co is planning to open a 17th White Brasserie, in Highcliffe, Dorset.
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News
Demand for leased pubs continues to rise, says Star
Star Pubs & Bars has said that demand for its leasehold pubs is still on the rise, despite concerns about the economy.
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News
Tonkotsu to close St James’ Market
Tonkotsu, the ramen restaurant group, is to close its high-end concept Anzu at St James’ Market, MCA’s sister title Big Hospitality reports.
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News
JDW plans to roll out pizza offering across estate
JD Wetherspoon is planning to expand its pizza offering out across its entire estate, MCA has learnt.
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News
Aprirose confirms £15m NewRiver deal
Aprirose, the real estate investment company, has confirmed it was the purchaser of a 22-strong community pub portfolio from NewRiver, for £15m.
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News
M&B under fire for lack of diversity on its board
Mitchells & Butlers (M&B) has come under fire from fund manager Aberdeen Standards Investment for ‘poor corporate governance and lack of boardroom diversity’, reigniting a shareholder conflict that dates back to 2010, according to Financial News.
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News
Fever-Tree FY revenue up 39%
Fever-Tree, the premium mixers producer, has said revenue for the year to 31 December is expected to be up 39% to c£236m.
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News
RROTY 2019 finalists announced
The finalists for the Retailers’ Retailer of the Year Awards have been announced, including multiple nominations for Stonegate, The Restaurant Group and New World Trading Company (NWTC), among others.
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News
MCA and AlixPartners launch Growth Company Index 2019
MCA is once again teaming up with leading advisory firm AlixPartners to identify the top 50 private firms with the fastest-growing profits in the UK eating and drinking-out sector.
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News
TRG FY lfls down 2%
The Restaurant Group has reported like-for-like sales down 2% for the 52 weeks to 30 December 2018.
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Opinion
Changing through the gears
On the back of securing investment from private equity group TriSpan, Mark Wingett speaks to Thunderbird Fried Chicken founder Matt Harris, new chief executive Marcel Khan, and property director Kieran Sherlock about what that means for the business, and looks at what it means for the wider better chicken category, which could be set to take off after several false starts.
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Analysis & Insight
Sounding boards out
Several high-profile corporate failures over the past few years have caused businesses to question how effectively their board operates. Flemming Hansen spoke to chairs, non-executive directors, CEOs and CFOs of businesses in the leisure, hospitality and travel sectors to get their views.
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News
TriSpan backs Thunderbird Fried Chicken rollout
Private equity firm TriSpan has made its second UK investment, backing the rollout of street food star Thunderbird Fried Chicken, MCA has learnt.