All MCA Insight articles in July 2014 – Page 4
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News
Pubs raised more than £100m for charity in 2013
Pubs raised more than £100m for charity in 2013, according to a survey by PubAid, the group that highlights work undertaken by UK pubs to help charities
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NewsDomino's UK lfls grow 11.3%; Germany 'challenging'
Domino’s Pizza Group has reported an 11.3% rise in like-for-like sales in the UK in the 26 weeks to 29 June, with an improved performance in Switzerland, while Germany “continues to be challenging” with like-for-like down 1.7%
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NewsTrading in line at Eclectic
Eclectic has reported that trading for the year to the end of June 2014 was “in line with the Board’s and the market’s expectations”.
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NewsPrimark trials Costa
Primark has been trialling the addition of Costa Coffee stores in its UK branches, according to the Irish Independent
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News
Ex-Molson Coors UK CEO to head brewer's global business
Mark Hunter, the former chief executive of Molson Coors UK and past chairman of the British Beer & Pub Association, is to succeed Peter Swinburn has chief executive and president of the global Molson Coors Brewing Company business
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Analysis & InsightRegional cities rival London for pub and restaurant growth rate
Major regional cities such as Manchester, Leeds and Liverpool are starting to rival London for the rate of new pub, bar and restaurant opening, as cities continue to dominate new openings at the expense of towns and suburbs
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NewsJoffes step down from Giraffe
Juliette and Russel Joffe, co-founders of Giraffe, today announced their resignation from the restaurant group they founded in 1998 and sold to Tesco last March for £48.6m
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NewsRising Stars: Searching for the next generation of sector leaders
The ability to attract and retain new talent is one of the eating and drinking-out industry’s most significant challenges. Many school and university leavers continue to believe that the sector is not a viable career path for them to embark on. M&C Report this week launches a search for the ...
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OpinionYou got that vibe?
Consumer expectations in terms of value have never been higher, a great deal in part to the high levels of offer and service currently in play across the sector, but what can mark out that experience even further?
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News
Eagle Eye FY revenues surge after mobile technology acquisition
Eagle Eye, the digital loyalty company for the retail and hospitality sectors that initiated an IPO in April, has reported a 157% rise in revenues to £1.8m in FY2014 following its acquisition of mobile technology firm 2ergo in the period
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NewsCollyer: M&B 'supertanker' is turning the corner
The Mitchells & Butlers (M&B) ‘supertanker’ is “slowly but perceptibly turning the corner”, according to a leading analyst who says it will take the company just over two years to deliver the “fully loaded” profits from its acquisition of 173 Orchid pubs
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News
Rosa’s secures expansion fund and new sites
Rosa’s, the London-based Thai café concept led by Alex Moore, has secured £500k of new funding and two new sites in Chelsea and Angel
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News
Vinoteca secures King’s Cross site
Vinoteca, the fledgling wine bar and restaurant chain, has secured its fifth site in London in King’s Cross
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News
Pub rents fall as a proportion of turnover
Average dry rents on new pub leases from the four largest tenanted pub companies are up sharply this year, but have fallen as a proportion of projected turnover, as the market stages a steady recovery
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NewsM&B puts Irish expansion on hold
Mitchells & Butlers (M&B) is understood to have shelved its current plans to expand in Ireland, The Irish Examiner reports, despite having identified a number of sites in the country including locations in Cork and Dublin
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NewsCaring takes King’s Road site
Richard Caring, the serial restaurant sector investor, is believed to have secured the former Henry J Beans site in London’s Chelsea
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NewsPub beer sales grow by fastest rate this century
A second consecutive beer duty cut, the World Cup and a late Easter are all believed to have played their part in a 2.6% jump in beer volume sales for April to June, says the British Beer & Pub Association
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News
Chatime plans nationwide expansion
Chatime, the bubble tea concept, is planning to open 23 franchised stores by the end of 2017 with openings lined up for Nottingham, Oxford, Birmingham and London’s Portabello Road within the next two months, M&C Report has learnt
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News
Brewers Fayre to complete Chef’s Counter rollout
Whitbread will complete the roll out of its Chef’s Counter format across its entire c140-strong Brewers Fayre estate by the end of this August
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NewsM&C20 continues to bounce back
The M&C20 Leisure Index continued to climb this week as it finished 15 points up at 1,175 with the majority of companies in the index experiencing growth