All MCA Insight articles in June 2015 – Page 5
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News
Westminster Licensing Unit officers arrested
Scotland Yard’s anti-corruption squad has arrested two police officers on suspicion of corrupt links to central London businessmen
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EBITDA per pub up 11% at Thwaites
Thwaites saw EBITDA pubs across its c300-strong estate increase 11% in the 12 months to 31 March 2015
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Everyman adds five cinema sites
Cinema group Everyman has acquired four London cinemas from Odeon and exchanged on a site in Stratford
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Kossoff: Fundamental shift towards value
Simon Kossoff, co-founder and chairman of Carluccio’s, believes there has been a fundamental shift towards value across the sector
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Debenhams further extends F&B offer
Debenhams is to further ramp up its in-store F&B offer with the introduction of Patisserie Valerie and Chi Kitchen concessions
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Ruth & Robinson poised for growth
Brooklyn-inspired bar group Ruth & Robinson is hunting for its second London site after establishing its first bar at Clerkenwell
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Fine Burger rebrands and expands
Upmarket burger concept Fine Burger is rebranding as Prime Burger as it prepares to open its third venue at London’s Euston station in September, M&C has learnt
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Beer & Buns becomes permanent at K10
Beer & Buns, the pop-up Asian fusion restaurant at K10 at London’s Broadgate, is becoming a permanent fixture in the Japanese restaurant
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SIBA responds to MRO
The Society of Independent Brewers (SIBA) has set out a four point plan in response to MRO aspects of the Small Business, Enterprise and Employment Act 2015
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Mobile bookings up 141%
Restaurant bookings made via mobile or tablet soared by 141% over the past 12 months according to Bookatable’s Quarterly Dining Trends report
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FY EBITDA up 5.9% at Carluccio’s
Carluccio’s, the Neil Wickers-led group, saw EBITDA climb 5.9% to £14.3m in the 52 weeks to 28 September 2014
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Fire at former British Larder site
Suffolk pub the Unruly Pig, in Bromeswell, has been severely damaged in a fire.
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US private equity firm to acquire Fourth
Insight Venture Partners, the New York-based, technology-focused private equity firm, has agreed to acquire Fourth
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Neame: Confidence in British beer at highest for 25 years
British Beer & Pub Association chairman Jonathan Neame has said that a “new spirit of entrepreneurship” along with three consecutive beer duty cuts has boosted confidence in British brewing to its highest point in 25 years.
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Jack: Difficult to justify premium valuation for GK/Spirit
Leading analyst Douglas Jack, of Numis, has issued a hold recommendation on the newly integrated Greene King and Spirit Pub Company.
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Clevely secures first Eureka site
Rupert Clevely, the founder of Geronimo Inns, has secured the first site for his new joint venture with Enterprise Inns
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Carluccio’s to make London return
Carluccio’s is set to open its first site in London for nearly three years, after securing a site at the NEO Bankside development
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Flypay set to reinvent the bar tab
Flypay is working with Visa Europe Collab, Fuller’s and Zonal, to launch new technology that is says will reinvent the bar tab
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BrewDog plans brewpubs at “strategic points across US”
David McDowall, the managing director of BrewDog Bars has said the company plans to open five “large brewpubs at strategic locations” across the US as part of its rollout in the country.
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Real Eating Company roll-out continues
Real Eating Company, the restaurant and café group, is continuing to expand across the south east having just opened in Bournemouth and planning a site in Salisbury to open later this year