All MCA Insight articles in July 2014 – Page 24
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News
Chelmsford late-night levy a step closer
Late-night pubs and bars in Chelmsford may have to begin paying a levy from November, after the council’s licensing and regulatory committee recommended introducing the fee
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News
LHG opens third Apple & Parrot
Lifestyle Hospitality Group (LHG) is opening its third Apple & Parrot live music bar under franchise agreement in Blackpool
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News
Greene King: 2020 vision, acquisitions, tenanted approach, analysts
M&C Report takes a closer look at the full-year results to 4 May for Greene King and talks to chief executive Rooney Anand
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News
Just Falafel exits some UK stores
Just Falafel, the fast-casual chain, is understood to have exited four of its seven UK sites as it considers changing its operating model, M&C Report has learnt
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News
MeatLiquor rebrands Wishbone
MeatLiquor, the fast-casual concept led by Yianni Papoutsis and Scott Collins, has converted Wishbone in Brixton to ChickenLiquor after MeatLiquor bought Wishbone outright in April
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News
Operators to make airport debuts at Stansted
Coast to Coast, Itsu, Harris + Hoole and high-profile chef James Martin are all set to open their first airport sites after securing units at Stansted, as part of the transport hub’s £80m terminal upgrade
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News
Five Guys closes in on south west debut
Five Guys UK, the popular US burger chain, is understood to be close to securing its first site in the south west, in Bristol
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News
Extreme Pita close to securing franchisees
MTY Food Group, the Canadian quick service restaurant operator, anticipates having its first franchisee for its Extreme Pita brand signed by the end of the year to open its first UK sites in 2015
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News
Snug Bars accelerates growth plan
Snug Bars, the Hertfordshire-based up-market bar operator, looks likely to exceed its growth forecast for the year as it eyes up a seventh site, according to managing director Giles Fry
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News
Minister fears 'unpredictable' impact of free-of-tie option
The Government has chosen not to introduce a mandatory free-of-tie option into the tenanted pub sector over fears that it could “undermine the tied model” and have an “unpredictable” impact on the wider industry, a minister has told Parliament
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News
Retail income up at Cineworld
Cineworld has reported a 1.4% increase increase in retail spend across its UK & Ireland estate in the 26 weeks to 26 June 2014
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News
C&C Group reports 'some progress' in England and Wales
C&C Group, the Irish producer of Magners cider, has said the trading environment in England and Wales has remained “challenging” for the past four months but “some progress has been made towards stabilisation of our brands and earnings” over the period
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News
Jack: 'TRG set for two blockbuster years'
Leading analyst Douglas Jack has issued a Buy recommendation for The Restaurant Group (RTN) and expects the company will be one of the main beneficiaries in the sector from the improving economy
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News
Hostel operator critical of pubcos
A hostel chain says its attempts to work with tenants to give their pubs a new lease of life has been thwarted by pubcos
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News
Jamie Oliver adds cocktail and wine bar to Fifteen
Fifteen, the restaurant owned by high-profile chef Jamie Oliver, now has a Cocktail and Wine Bar at its Shoreditch restaurant serving cocktails, wines, craft beers and ciders with a ‘British’ feel
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News
Iberica closes in on Manchester site
Ibérica Food & Culture, the restaurant and deli led by two-Michelin starred chef Nacho Manzano and Marcos Fernández Pardo, is closing in on its first site outside London, in Manchester
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News
Ex-Young's manager starts Australian cafe bar venture
A former manager of two flagship Young’s managed pubs has started a new cafe bar venture influenced by the laneways region of Melbourne in Australia, with plans to expand past its initial site on the Isle of Wight, M&C Report has learnt
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News
New pubco VCP to get “as big as possible”
VCP Taverns Limited, the pub company set up by a Manchester Business School student, is to grow as big as possible according to its founder Chris Payne who bought the leaseholds of two Manchester city centre pubs
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News
Di Maggio’s to launch “post-prohibition” restaurant
Di Maggio’s Group, the independently-owned Scottish restaurant group, is opening a New York style Bar and Grill in Glasgow in September
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Analysis & Insight
A return to good pub grub
One of BDO’s top 10 predictions in December 2013 was that growth in consumer spend in pubs would rise by more than growth in spend in restaurants. Here the advisory firm’s Mark Edwards looks at the reason for this and why he feels the pub sector will continue to provide a real challenge to restaurant operators