All MCA Insight articles in July 2015 – Page 14
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News
Itihaas opens third site in Manchester
Birmingham based Indian restaurant group Itihaas has opened its third site and first outside the city in Manchester’s Selfridge
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News
Ex-Ivy chef joins Vintage Salt
Brian Mbabazi, a former chef at The Ivy and Bob Bob Richard, has joined Des McDonald’s newly re-branded Vintage Salt restaurant
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Bird adds third site
Bird, the free-range fried chicken restaurant, is preparing to open its third London site in Camden, M&C understands
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News
Grind: overfunding; apps & ApplePay
Grind & Co, the London based independent coffee shop operator, is developing its own app having exceeded its crowdfunding target in 20 days
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NewsHandmade Burger Co recieves £600k investment
Handmade Burger Co, the Sargeant Partnership-owned group, has secured £600k in investment to open its seventh Midlands site in Birmingham’s Grand Central
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NewsCosta franchisee set to double estate
A Costa franchisee couple has opened their 20th Costa coffee shop after receiving a £2m finance package from HSBC’s franchise unit
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News
CMA rules supermarket promos are "confusing"
The Competition and Markets Authority (CMA) has called supermarket pricing confusing following a three-month probe launched after a super complaint from Which? consumer watchdog
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NewsTime Out invests £7m in Flypay
Flypay has secured £7m Series A funding from multimedia agency Time Out to accelerate the roll-out of its pay-at-table technology with restaurant operators and customers
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News
Analysts’ corner: JDW Q4 performance
Analysts give their verdict on JD Wetherspoon’s performance in the final quarter of its financial year, including what impact its pledge to increase starting wages by 8% is likely to have.
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Analysis & InsightStreet Food Focus: Yum Bun
Our street food spotlight this month comes from Street Feast marketing man and professional eater Adam Layton. This time he’s working his way through the Yum Bun menu of fluffy steamed buns and unbridled joy.
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News
NewRiver making ‘significant progress’ on pub estate
NewRiver Retail, the UK REIT specialising in the food and value sector, has reported “significant progress” across its pub portfolio in the first quarter to 30 June.
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News
Cider 'must learn lessons of craft beer'
A senior drinks analyst has advised cider makers to learn from the mistakes and triumphs of craft beer.
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Analysis & InsightRestaurants lfls up 3.6% in June but wet-led pubs struggle
Branded restaurants drove growth in the Coffer Peach Business Tracker cohort in June, with wet-led pubs hit particularly hard by comparisons with the World Cup lead-in last year.
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NewsCDG in talks to acquire La Tasca
Casual Dining Group (CDG), which recently acquired Las Iguanas, is in advanced talks to acquire La Tasca, the 46-strong Spanish tapas chain, for a sum in excess of £25m, M&C understands.
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News
Wasabi profits soar 1066%
Wasabi, the London-based sushi and bento chain led by Dong Hyun Kim, has reported turnover up 21% for the 12 months to 27 December to £63,593k
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NewsKFC and Pizza Hut see sales rises in Q2
KFC grew sales in the UK by 6% in the second quarter ending June 13, in line with the global position, the latest results from parent company Yum! Brands has shown.
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News
M&B sells Cumbria pub to Thwaites
Thwaites has completed the freehold purchase of The Crown Inn, Pooley Bridge, Cumbria, from Mitchells & Butlers.
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News
Numis downgrades JDW 2016 projections
Leading analyst Douglas Jack, of Numis, has cut pre-tax profit forecasts for JD Wetherspoon after it announced a further 8% increase to staff starting pay.
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NewsPicturehouse opens at Trocadero Centre
Picturehouse is opening a seven screen cinema with a café, bar and restaurant at the refurbished Trocadero centre in London’s Piccadilly
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NewsFrench: Expect further M&A activity after Cote deal
Leading analyst Simon French, of Cenkos, has said he expects further M&A activity in the sector over the coming months, following the acquisition of Cote by BC Partners.