All MCA Insight articles in July 2015 – Page 19
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Supermarkets ‘cutting back on craft beer stock’
Supermarkets are reducing the space they devote to craft beer by as much as 15% because they “find the sector too hard”, one retailer has claimed.
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Ceru to open Australian restaurant
Ceru, the Mediterranean/Middle Eastern concept from Barry Hilton, is opening a site in Sydney while continuing its London property search
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Ed’s launches app
Ed’s Easy Diner, the Andrew Guy-led chain, has launched its first mobile app to extend the reach of its Ed’s Club promotions
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Azzurri acquisition of Coco Di Mama ‘means fast rollout’
Steve Holmes, chief executive of the Azzurri Group, has told M&C the group’s acquisition of Coco Di Mama could see it grow to 40 sites in the next couple of years.
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Caliburger grows globally
CaliBurger, the rapidly-expanding international restaurant group, has opened its latest international sites in Taipei, Kuala Lumpur and Shanghai while it looks to secure a flagship London venue, M&C has learnt
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"Prestigious" app raises £7.8m for international expansion
Mobile payment platform Velocity has secured $12m (£7.8m) in Series A financing to accelerate its international expansion plans
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CDG opens £1m Bella site
Bella Italia, the Casual Dining Group Italian brand, is continuing its rapid expansion plans with the opening of its largest leisure park restaurant at Hemel Hempstead
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Booker on track for solid FY performance
Booker Group saw sales growth of 0.2% in what it called a “solid quarter” for the 12 weeks to 19 June and is on course to meet full year expectations for the year ending March 2016
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Chosen Bun poised for growth
Gourmet burger delivery concept Chosen Bun is on the hunt for new sites with a ramped up roll-out planned following the acquisition of a second venue
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Yeah! Burger adds thirds residency
Burger pop-up Yeah! Burger is taking on its third residency at Shoreditch’s Strongroom Bar & Kitchen
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Wear Inns secures £8m refinancing to fund expansion
North East and Yorkshire pub operator Wear Inns has secured a new £8m refinancing deal with Natwest as it seeks to make a series of acquisitions across its heartland.
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Costa announces Chop’d link-up
Costa is launching a trial partnership with London-based salad chain operator Chop’d as it looks to enhance its food offer, M&C has learnt.
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PoundPub secures fifth site
PoundPub, the no-frills pub concept, is to open its fifth site in Leek, Staffordshire, M&C understands.
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D&M plans Edinburgh site
Drake & Morgan, the Bowmark Capital-backed restaurant and bar group, is planning its first site away from London at a new development in Edinburgh
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Inn Collection adds fifth site and plans new build
Inn Collection, the north-east based coaching inn operator, has secured its fifth site and is about to start work on its latest new build.
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Filmore & Union increases equity offer in crowdfunding push
Filmore & Union, the café and deli group, has increased the amount of equity offered in exchange for the £500,000 it is seeking through crowdfunding.
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Fever-Tree H1 sales up 61%
Fever-Tree, the tonic and mixers group, has said sales for the six months to 30 June are expected to be up 61% year-on-year to £24m.
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Novus head of digital steps down
Novus Leisure’s head of digital has left the company to take up a role at a new private members’ health and well-being club.
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Caring lines up third Ivy offshoot
Richard Caring, the serial restaurant investor, is believed to have lined up a third site in London for his fledgling Ivy Market Grill format, M&C understands.
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Banwell House secures Bath Stable site for new concept
Toby Brett, founder of Banwell House Pub Company, has told M&C he has secured the former Stable site in Bath for a new concept, which he hopes to rollout nationally.