All MCA Insight articles in July 2014 – Page 7
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Jack: M&B's expansion ability in question
A leading analyst has said that Mitchells & Butlers (M&B) “ongoing malaise” leaves its ability to expand and reintroduce dividends in question
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Underage drinking at record low levels
The rate of underage drinking has fallen to its lowest level since records began in 1988, according to a report from a Government-backed body that provides research on public health
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Marston's: World Cup impact 'broadly neutral'
Marston’s, the brewer and pub operator, has reported a 4.1% rise in like-for-like sales in its Destination and Premium arm for the 41 weeks to 19 July, with the company describing the impact of the World Cup as “broadly neutral”.
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Fuller's managed lfls grow 7.3%
Fuller’s, the London-based brewer and pub operator, has reported “strong trading” across all divisions with a 7.3% rise in like-for-like sales in its managed pubs and hotels division for the 16 weeks to 19 July 2014
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Chipotle: England occupancy costs 'super high'
Chipotle views occupancy costs in England as being “super, super high”, a fact that’s encouraging the group to introduce smaller format restaurants with less seating for its rollout
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Jack reiterates Buy for Marston's
Leading analyst Douglas Jack has reiterated his Buy recommendation for Marston’s following its Q3 trading update this morning, saying that the group is still trading ahead
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Family brewers criticise pubco code plan
The Independent Family Brewers of Britain (IFBB) has branded the proposed pubs code an “insult to the way we do business” in the latest blow to the Government’s proposals
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Peel Hunt: TRG a top stock for the summer
Analyst Nick Batram at Peel Hunt has put forward The Restaurant Group as one of the company’s top stock picks for this summer in terms of growth
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D&D appoints new CFO
D&D London has appointed Toby Harris, formerly finance director of Hilton’s London hotels division, as its new chief financial officer
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SABMiller Q1 trading in line with expectations
SABMiller has reported that its performance in the three months to 30 June was in line with expectations
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Hummus Bros releases cook book
Hummus Bros, the London-based concept by Christian Mouysset and Ronen Givon, is releasing a cookery book of Mediterranean and mezze dishes
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Electric Star up to four
Electric Star, the London-based pub operator led by Rob Star, has secured its fourth site in Hackney, London
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Ethos eyes second London site
Ethos, a new fast-casual vegetarian concept, is looking to open a second London site “very quickly” after it opens its first in September, in Eastcastle Street near Oxford Circus, M&C Report has learnt
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Cabana launches Youtube channel
Cabana has launched a YouTube channel to increase its brand exposure and educate consumers about Brazilian food and culture
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Britvic reports "strong quarter" with 4.1% revenue growth
Britvic, the soft drinks company, reported a 4.1% like-for-like revenue increase to £329.5m for the 12 weeks to 6 July 2014
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Senor Ceviche secures first site
Senor Ceviche, the Peruvian food concept, has secured its first permanent site in London’s Soho
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Inn Collection targets further growth
Inn Collection, the northern England-based coaching inn operator backed by Kings Park Capital (KPC), is in negotiation on a further two sites as it looks to grow from four to 10 outlets before deciding on its future strategy, M&C Report has learnt
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Crowdcube completes fundraising in record time
Crowdcube, the crowdfunding platform used by a number of operators in the eating and drinking out sector, reached its £1.2m fundraising target in a record 16 minutes
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Rootstock eyes expansion
Rootstock, the Sheffield-based bar operator and events group, is opening its third venue in August as part of plans to open a new bar each year, M&C Report has learnt
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Former Vimac sites sold
Two non-trading venues of Vimac Group, the Newcastle-based multi-site operator that emerged as Kymel following a pre-pack administration last December, are set to be sold for a total of £545,000, according to a new report from Vimac’s administrator Begbies Traynor