All MCA Insight articles in July 2018 – Page 5
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News
Three Wise Monkeys to double up
Three Wise Monkeys, the Colchester pub-restaurant concept, is opening a second site in Ipswich.
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News
Just Eat trials compostable seaweed sachets
Just Eat is trailing seaweed-based sauce sachets to reduce its use of plastics in the takeaway sector.
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Analysis & Insight
June heat and World Cup boost eating out participation
The June heatwave and optimism around the World Cup brought about an uplift in consumer activity, with the biggest rise in eating out participation for 12 months, MCA’s Eating Out Panel reveals.
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News
Ping Pong opens at Fulham Beach Club
Ping Pong Dim Dum has opened a kitchen at Fulham Beach Club, MCA understands.
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News
Gloria Jean's targets UK-wide expansion
Gloria Jean’s, the coffee shop franchise, is targeting site in London, Edinburgh, Manchester and Cardiff, as it seeks to open 190 UK outlets in 10 years.
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News
Brewhouse & Kitchen adds Southsea pub to estate
Brewhouse & Kitchen has acquired the former White Horse pub in Southsea, Portsmouth.
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News
Mission Mars confirms £10m BGF investment
Mission Mars, the Manchester based group behind Albert’s Schloss and Rudy’s Pizza, has confirmed a £10m investment from BGF, as flagged up by MCA last week.
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News
Fever-Tree revenues up 45% in H1 2018 update
Fever-Tree, the premium tonic producer, has reported adjusted EBITDA up 35% to £34m for the half year 2018.
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News
Deliveroo proposes self-employment charter
Deliveroo has made proposals for a new charter which it says will give greater security to the self-employed.
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News
Electric Star considers funding options for long-term growth
Electric Star is weighing up its funding options as it looks to get ahead of the curve on its expansion plans, MCA has learnt.
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Analysis & Insight
Eating out spend up 5pp in Q2
Eating out spending in Q2 2018 was up 4 percentage points (pp) in the previous quarter, while drinking in pubs was up 3pp, Deloitte’s Leisure Consumer Q2 2018 report reveals.
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News
Arc Inspirations lfls up 1%; EDITBA up 33%
Bar operator Arc Inspirations has achieved like-for-like sales growth of 1% for the full year to 1 April 2018, with EDITDA up by a third (33%), to £3.2m.
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News
Inside track: ‘The job of opening a restaurant is never done’
Alan Yau’s influence over restaurants is pervasive and far reaching, and Iberica MD Joel Falconer, who spent his formative years at Busaba Eathai, could not resist sharing some wisdom from the industry legend.
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News
Fulham Shore revenues reach £54.7m
Fulham Shore, the operator of Franco Manca and The Real Greek, has reported EBITDA of £7.4m for the year ended 25 March 2018 – up 2.1% year on year.
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News
Fuller's managed and tenanted lfls up 4% in Q2 update
Fuller’s, the London brewer and pub company, has reported like for like sales in its managed pubs and hotels rising 4% for the 16 weeks from 1 April to 21 July 2018.
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News
Stonegate makes double swoop – Be At One/Novus package
Stonegate Pub Company has made a double acquisition – acquiring Be At One and a 15-strong package of bars from Novus
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Opinion
Inside track: That’ll shake things up
Mark Wingett looks at the double swoop from Stonegate Pub Company on Be At One and a part of Novus Leisure, what it means for all three businesses and for others
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News
GVA appointed to market CAU portfolio
GVA has been appointed to market the CAU leasehold portfolio on behalf of the Joint Administrators
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News
Food to go and fresh coffee driving growth of c-stores
Food to go and fresh coffee are among the key drivers in the growth of convenience stores, which is predicted to add £7.1bn in the next five years to reach £47.2bn by 2023, new forecasts from IGD reveal.
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Analysis & Insight
Two-thirds of sector leaders believe there is a problem with diversity
Almost two-thirds (63%) of hospitality leaders believe there is a problem with diversity in leadership within the sector, according to findings of a new survey by CGA, Odgers Berndtson and UKHospitality.