All MCA Insight articles in July 2014 – Page 2
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NewsSun explores options for Chicago Leisure
Sun European Partners is exploring its options for Chicago Leisure following expressions of interest in the bar and nightclub operator that it backs, M&C Report has learnt
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NewsBill’s set for Battersea
Bill’s, the Richard Caring-backed chain, has further strengthened its London presence, by securing a site in Battersea
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Meantime looking for "innovative retail opportunities"
Meantime brewery is investing £1m on its Greenwich brewery to enhance tours as part of its plan to expand its retail offering, M&C Report has learnt
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Analysis & Insight
Sector is the fourth highest for liquidations
The eating out and hotel sector had the fourth highest number of liquidations of any industry in the year to 31 March 2014, according to a new report from the Insolvency Service
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NewsCoffee shops boost high street spend
Restaurants and cafes boost the ‘dwell time’ consumers spend in shopping centres by 88 minutes and increase average spend from £41.16 to £74.63, according to research published by the Government’s Future High Streets Forum
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Frescobaldi family to open first UK standalone site
The Frescobaldi family, whose portfolio covers nine wine estates in Italy, is to open its first standalone restaurant in the UK later this autumn
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NewsTasty eyes expansion of sub formats
Tasty is to add further sites to its sub brand Wildwood Kitchen, after recently launching a further unit under its fledgling burger concept Relish
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News
McDonald’s “joint employer” ruling could set precedent
A ruling has stated that McDonald’s could be considered a “joint employer” along with its more than 2,000 US franchisees
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Analysis & InsightPubs 'should make soft drinks more visible'
Almost two thirds (61%) of carbonated soft drink (CSD) consumers believe pubs, bars and restaurants should make such drinks more visible to consumers, says new research that suggests people are moving away from CSDs because of perceived high sugar levels
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Stephen Thomas venture secures ex-Luminar club
Exeat, the newly formed nightclub group headed by Luminar founder Stephen Thomas that emerged from the pre-pack administration of his No Saints venture, has secured the site of a former Luminar nightclub in Birmingham, M&C Report has learnt
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News
CAU to make north west debut
CAU, the casual dining restaurant concept, will make its debut in the north west, in Liverpool, in the first quarter of next year
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Hallsworth and Adam to launch new late-night venture
Former Nobu head chef Scott Hallsworth and nightclub entrepreneur Piers Adam are to launch a new late-night restaurant and cocktail bar
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Compass reports positive trends in Q3
Compass, the global catering company, says it saw the positive trends in Europe and Japan continue into the third quarter (to 30 June), with a slowing of organic revenue decline in the period
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NewsGreggs H1 lfls grow 3.2%
Greggs, the bakery chain, has reported a 3.2% rise in like-for-like sales in the 26 weeks to 28 June, with the company citing a mixture of more favourable trading conditions and the success of its own initiatives
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NewsPizzaExpress swiftly finances £610m bond
PizzaExpress refinanced its existing capital structure by raising £610 million in notes within a matter of days of the offer being marketed
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Analysis & Insight
Cut Tourism VAT campaign presents to ministers
The Cut Tourism VAT campaign is presenting a report to Government today that highlights how cutting VAT from 20 to 5% could boost the UK economy by £4bn and offer 120,000 jobs
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NewsBurns reiterates Buy for Eclectic
Leading analyst Karl Burns has reiterated his Buy recommendation for Eclectic Bar Group following yesterday’s pre-close trading update, forecasting double digit profit growth at the premium bar operator, although he adjusted down his pre-tax profits and earnings per share estimates due to slightly higher interest and depreciation charges
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NewsPing-pong bar comes to Nottingham
Audacity Leisure, a Nottingham-based nightclub operator, is opening its first pub in the city centre that will include ping-pong tables and a pop-up kitchen
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News
Punch workshops attract more than 1,000 pubs
Almost 1,500 Punch Taverns licensees and their staff have taken part in the relaunched workshops focused on giving them key business skills for operating in the pub sector
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Analysis & Insight
Trade urged to back new blood cancer campaign
Yaser Martini, father of Margot Martini, who last year was diagnosed with a rare form of blood cancer, has launched the ‘Just One More’ campaign with the Anthony Nolan Trust and Delete Blood Cancer UK