All MCA Insight articles in July 2015 – Page 11
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NewsCAU strengthens NW presence
CAU, the casual dining steakhouse concept, is to strengthen its presence in the north west, after securing a site in Didsbury
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Shepherd Neame appoints broker
Shepherd Neame has announced the appointment of Panmure Gordon as the company’s broker with immediate effect.
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NewsB&P secures 3D Pub Co sites
Brunning & Price has acquired the freeholds of the two Surrey-based pubs operated by 3D Pub Company for an undisclosed sum
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Analysis & InsightHow The Dairy became a cult hit
Robin and Sarah Gill’s Clapham restaurant The Dairy serves 900 plates a night and hosts dinners that finish at 7am, Restaurant magazine’s Joe Lutrario looks at how it became such a cult hit.
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Staff could be used to spread public health message
Pub and restaurant staff could play a crucial role in supporting efforts to improve the public’s health
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NewsPunch seeks Head of Food
Punch Taverns is seeking to strengthen its food offer with the appointment of a Head of Food, M&C understands.
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Iberica to invest £1.2m on Victoria site
Spanish restaurant group Ibérica has confirmed it will open its sixth restaurant on 17August on the ground floor of the Zig Zag Building
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NewsJack: Domino’s has ‘significant’ growth prospects
Leading analyst Douglas Jack, of Numis, has said Domino’s growth prospects are “significant” and undervalued compared to its US and Australian arms.
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SSP Q3 lfls up but revenue hit by strong pound
SSP, the travel concessions operator, has reported like-for-like sales in the third quarter to 30 June up 3.2%, with “good growth in the UK”.
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NewRiver completes acquisition of final stake in 202 Marston’s pubs
NewRiver Retail has completed £29m deal to acquire the remaining 50% of the 202-strong pub estate sold by Marston’s in 2013.
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NewsLas Iguanas co-founder to launch new concept with Levi Roots
Eren Ali, the co-founder of Las Iguanas, is to launch a new restaurant venture with Levi Roots, creator of Reggae Reggae Sauce
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Analysis & InsightPayroll costs now equal 26% of average turnover
Payroll costs for licensed retailers increased from 24.2% of turnover in 2013 to 26.4% last year, according to the latest benchmarking report from the Association of Licensed Multiple Retailers.
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Analysis & Insight
Learning to live with the Living Wage
With the eating and drinking out sector facing a war for talent over the coming years, the national living wage is an added hurdle to overcome. But how far does the sector have to go and does the announcement undermine efforts to build a broader platform of benefits for those seeking a career in hospitality? Also, what does the exit by the Tolley family from Harris + Hoole mean for Tesco’s other investments in dining out?
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H1 lfls up 23.3% at DP Poland
Domino’s Pizza Poland has reported 11 consecutive quarters of double digit like-for-like system sales growth, with system sales up 23.3% in its first half
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Jack: Fuller’s sales to have remained strong
Leading analyst Douglas Jack at Numis has said that with Fuller’s Q1 trading statement due on Thursday, he expects like-for-like sales to have remained strong
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CDG rolls out CPL training console
CDG has said it has transformed its employee training and development with the introduction of a new training platform, created by CPL Online
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LGA makes £1bn VAT call to help prevent obesity
The Local Government Association is calling for £1bn of existing VAT to be handed to councils to fund local preventative schemes, including preventing obesity
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NewsBatemans to open first two ‘manchise’ sites
Stuart Bateman, managing director of Batemans, has told M&C the company will open its first two sites under its Pub Operator Agreement in the coming months.
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Batemans eyes acquisitions after ‘challenging year’
Lincolnshire-based brewer Batemans is close to securing two new pubs and has started a major refurbishment on its Wainfleet site, the Woolpack.
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NewsGK confirms Tye and Gallagher departure
Greene King has confirmed to M&C that Spirit Pub Company’s chief executive Mike Tye and finance director Paddy Gallagher have both parted company with the business following the completion of Greene King’s acquisition