All MCA Insight articles in July 2013 – Page 4
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Analysis & InsightI have a dream. Or is it just deja-vu?
Why do so many American restaurants choose to open up over here? And why are many UK restaurateurs so preoccupied with the New York dining scene? These are questions I’m often asked by people who mistake me for someone who knows more about Anglo-American dining relations than the next man
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NewsIntertain unveils new menu
The Walkabout operator has introduced a new food and drink menu to increase food and drink sales during the day
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NewsGraphite takes stake in Hawksmoor
Graphite Capital, the private equity backer of Rex Restaurants, has backed the management buy-out of Hawksmoor, in a deal which values the company at around £35m.
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NewsTesco to launch Decks format
Tesco is to launch its new casual dining format at its Extra store in the Arena Shopping Park, Coventry next month under the name Decks, which it describes as a “fresh take on eating out”, M&C Report has learnt
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NewsWetherspoons drags M&C20 Index higher
JD Wetherspoon was almost single-handedly responsible for dragging the M&C20 Leisure Index higher this week
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Analysis & InsightPub beer volumes fall 5.8%
Beer volumes in pubs fell 5.8% in Q2 2013, against difficult comparatives with Euro 2012 and the Diamond Jubilee double bank holiday in the same period last year
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NewsStarbucks reports best ever Q3
Starbucks has reported its best third-quarter performance in its history with a 13% rise in net revenues to $3.7bn
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Charity pub venture eyes expansion
A former pub manager plans to open a series of “ethical” pubs, where 5% of profits go to charity, after opening his first in Liverpool, M&C Report learns
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Tadcaster converts more pubs to managed
Tadcaster managing director James Crawfurd-Porter discusses the success of the conversions with tells M&C Report
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News
UK and overseas growth planned for Circle 360
Cribbs F&B, operator of the Circle 360 Champagne and cocktail bar brand, plans to grow to at least 25 UK sites and as many as 150 overseas under franchise, M&C Report learns
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Yummy trials takeaway and online ordering
Yummy Pubs, the venture led by Tim Foster and Anthony Pender, has started trials of online ordering and a takeaway offer at its Somerstown Coffee House site
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Ossett takes Greene King pub
Ossett Brewing Company, the Yorkshire brewer and pub operator, has secured a Greene King leased pub opposite Leeds United’s Elland Road groundpub
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Marston's to examine lodge potential
Marston’s is considering plans to rollout more lodges that it operates itself, chief executive Ralph Findlay has told M&C Report
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Analysis & Insight
Two in five pub goers drink out less
Mintel study predicts that on-trade volumes will fall c4% this year to 2.8bn litres, although it expects marginal growth by value
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News
Kensington & Chelsea pubs get more protection
The Government has confirmed that pubs in the Royal Borough of Kensington and Chelsea will see greater protection from being turned into housing
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BCI to sell seven pubs
British Country Inns, the Enterprise Investment Scheme-backed company, plans to sell up to seven of its smallest sites, M&C Report has learnt
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Ponti’s appoints new FD
Ponti’s Group, the operator of the Ponti’s Italian Kitchen and Caffe Italia brands, has appointed Marc Whitehead as its new finance director
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Beatbox Bars in administration
Beatbox Bars, the Cardiff-based bar group, has been placed into administration citing financial difficulties
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F&B operators make £2.2m water savings
Food and drink businesses have saved £2.2m by reducing their water consumption
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SABMiller Q1 UK volumes fall 8%
Brewer cites the impact of reduced discount levels on Miller Genuine Draft, while revenues and volumes across Europe are hit by poor weather and “weak consumer sentiment”