All MCA Insight articles in July 2015 – Page 4
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NewsCote secures Edinburgh site
Cote, the BC Partners-backed chain, has secured its second site in Scotland and its first in Edinburgh
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NewsDeliveroo to launch in Australia
Online restaurant delivery platform Deliveroo plans to launch into Australia by the end of the year as well as East Asia and the Middle East, M&C has learnt
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NewsPasta Sereni sets out expansion plans
Pasta Sereni, an Italian food to go concept being launched in September, is planning to add a further two sites in the next 18 months
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IRC plans £4m investment
Individual Restaurant Company (IRC), the operator of the Piccolino and Restaurant Bar & Grill brands, is to invest c£4m on further upgrading its existing estate, M&C understands. The 32-strong group, which is chaired by Malcolm Walker, is also set to open a new Piccolino in Alderley Edge before the end ...
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Govt allocates £24m for rural business projects
The Government has allocating £24m to enable growth potential in rural areas with a new Growth Programme
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Tonkotsu plans central kitchen
Tonkotsu, the Emma Reynolds-led concept, is gearing up for further expansion by starting the search for a central kitchen facility
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Welcome Break adds EV charging
Motorway service station operator Welcome Break has enhanced its facilities for motorists by installing electric vehicle chargers at three of its UK sites and will add them to a further seven
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Analysis & InsightStarbucks building own payment and loyalty ecosystem
On the back of its Q3 update, Starbucks founder and chief executive Howard Schultz discusses how the group is building its own payment and loyalty ecosystem through its own technology and new partnerships
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Jack and Alice concept eyes expansion
The team behind pantry dining concept Jack and Alice is planning to open two permanent sites this year
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NewsItsu to ramp up regional expansion
Itsu is to ramp up its regional expansion with the company targeting opening another 10 to 15 sites outside of London over the next year
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Wasabi to make Midlands debut
Wasabi is to make its debut in the Midlands, after securing a site in Birmingham
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Intu selects Colliers for Chapelfield
Intu has appointed Colliers International, as sole catering and leisure agent for its Chapelfield shopping centre in Norwich
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NewsCraft Beer Co secures debut City site
The Craft Beer Co is set to make its debut in the City of London, after securing the leasehold of the former Trident Bar and Restaurant
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NewsPizza Hut EBITDA up 5% to £15.73m
Pizza Hut UK, the Rutland Capital backed restaurant group, has announced profits of £3.34m for the year to 30 November 2014 - up from £1.69m in 2013
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Greggs H1 lfls up 5.9%
Greggs has reported own shop like-for-like sales up 5.9% for the 26 weeks to 4 July with total sales up 6.4% to £398m. The company recorded a pre-tax profit of £25.6m for the period, in which 118 refits and 12 café conversions completed Chief executive Roger Whiteside said: “We have ...
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Analysis & InsightLeisure spend increased 5% in June
Eating out spend grew 6% year-on-year in June with a 5% rise in drinking out, according to the latest, Greene King Leisure Spend Tracker.
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Compass reports strong UK performance in Q3
Contract caterer Compass has reported organic revenue in its European arm up 1.2% for the nine months to 30 June, driven by improving performances in the UK and Spain.
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NewsM&B Q3 lfls up 1.3%
Mitchells & Butlers has reported like-for-like sales growth of 1.3% for the 43 weeks to 25 July, and said it is “assessing a wide range of options” to mitigate the effects of the National Living Wage.
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M&B’s HQ acquired in c£70m deal
Legal & General Property has acquired the property housing Mitchells & Butlers’ headquarters and associated hotel for £69.5m
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NewsHeartstone Inns secures £8m of new funding
Heartstone Inns has secured a new £8m refinancing deal with HSBC which provides the company with £5m of development finance