All MCA Insight articles in March 2014
View all stories from this issue.
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NewsOrchid has busiest weekend ever
Orchid Group has reported its busiest weekend ever, with Mother’s Day on Sunday being its busiest trading day since the company’s formation
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Lloyd-Jones takes Barnes pub
Gareth Lloyd-Jones, the former chief executive of Gourmet Holdings, has taken his pub estate back up to five with the acquisition of the Bridge in Barnes, south London
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NewsNew food and cocktail menu for Slug & Lettuce
Stonegate’s Slug & Lettuce chain is adopting some modern culinary trends with its new food menu, in addition to a new cocktail menu
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NewsTasty reports rise in FY PBT
Tasty has reported a 12% rise in pre-tax profits from £1.55m to £1.74m for year to 29 December 2013, with revenue up 20% to £23.2m
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OpinionGK: Eating and drinking-out drives leisure spend
Growth in consumer spending was more prominent in eating out and drinking out (both up 11% versus January), compared with spend on ‘other leisure’ activities where, on average, spend increased by 1% versus January, according to the first Greene King Leisure Tracker
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Analysis & InsightGreene King launches leisure research report
Greene King has launched a monthly “Leisure Tracker” report, which aims to provide “thought leadership and insights” into consumer discretionary spending
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NewsNovus parent reports improving picture after lfl decline
The parent company of Novus Leisure, the London-based premium bar and restaurant group, has reported a 3.1% fall in like-for-like sales at uninvested sites in the 48 weeks since its incorporation (to 30 June 2013), but with an improving picture since the period end
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NewsAdnams eyes further estate consolidation
Adnams, the Suffolk-based brewer, pub operator and distiller, is set to further consolidate its estate over the coming 12 months, which will see it dispose of a number of pubs
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NewsOne in five Marston's acquisitions capable of lodges
Around 20% of sites bought by Marston’s are capable of lodges, chief executive Ralph Findlay told the Numis Travel & Leisure Conference
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Labour would freeze business rates
A Labour Government would freeze business rates immediately after the next General Election, then freeze them again in 2016, party leader Ed Miliband has said today
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Tonda Pizza to make UK debut
Tonda Pizza, the Italian fast casual concept, is set to make its UK debut and is believed to be close to securing its first site in London
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NewsM&C20 returns to growth
Normal service resumed for the M&C20 this week, as it returned to growth (+1.5%) and outperformance of the FTSE All-Share Index (+0.6%) after last week’s decline of 0.7%
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NewsSubway signs new salt reduction pledge
Subway has become the first quick service food retailer to commit to updated salt reduction targets under the Responsibility Deal with the Government
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NewsPrezzo rollout 'could be accelerated'
Leading analyst Nicholas Batram has suggested that the rollout of Prezzo could be accelerated and he predicted a positive set of results from the Jonathan Kaye-led group when it reports its full-year results on 9 April
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Tanner brothers to open Kent pub restaurant
High-profile chef James Tanner and his brother Chris are set to open a pub restaurant later this spring near Royal Tunbridge Wells, Kent
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Nottingham Hooters number one for sales
Chanticleer Holdings has said that its site in Nottingham became the number one Hooters franchise store in terms of sales, outside of the US last week
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Interviews
Friday five-minute interview
M&C Report talks to Daniel Spinath, managing director and founder of Crepeaffaire, the quick-serve creperie group, and co-founder of wine tap concept Frizzenti, about his best investment, his best business decision, and the best piece of advice he’s ever received
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NewsRichoux eyes rollout of eponymous brand
Richoux, the AIM-listed restaurant operator, is looking to ramp up its openings programme over the coming 12 months, including exploring opportunities to roll out its eponymous café brasseries
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NewsLe Pain Quotidien UK appoints new head of training
Le Pain Quotidien, the all-day bakery and cafe concept, has appointed former PizzaExpress employee, Pui Ho, as its new head of training across its 24-strong UK estate
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Milos confirms UK launch
The Crown Estate has confirmed that it has agreed a lease with the internationally renowned Greek seafood restaurant Milos for a new 8,000sq ft flagship at No 1 Regent Street