All MCA Insight articles in March 2014 – Page 4
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Analysis & Insight
Late-night and wet-led venues tap into casual dining
Late night venues and wet-led pubs have begun to tap into the trend for casual dining to reduce their reliance on ‘weekend millionaires’, according to research from CGA Strategy
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NewsCapital should be flowing into food-led pubs
Capital should be flowing into food-led pubs and the segment should be expanding more rapidly than restaurants, reflecting overwhelming trends in consumer demand, according to a leading analyst
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News
French 'strongly reiterates' Buy for Eclectic
Leading analyst Simon French has “strongly reiterated” his Buy recommendation for Eclectic Bar Group, which he said announced a “solid set of maiden results” since it debuted on AIM last year
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NewsPubco bosses submit ‘manifesto’ to Chancellor
George Osborne received a ‘manifesto’ for the pub industry from three industry CEOs when he visited Banks’s Brewery on Monday
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News
Meantime to extend ‘tank beer’ outside London
Meantime Brewing Company is to launching its “Brewery Fresh” beer (or “tank beer”) outside London for the first time
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Analysis & Insight
Brits spends £29.4bn on takeaways every year
Brits are spending a third of their total food budget on fast food, with £29.4bn in total spent on takeaways every year, according to new figures from VoucherCodes.co.uk’s Annual Food Spend Study
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NewsJack: Expect Domino’s Q1 performance to be strong
A leading analyst has said that he expects next Wednesday’s Q1 IMS from Domino’s Pizza Group to be strong and while like-for-like sales will have slowed from 14.6%, they will still remain impressive
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News
Allsop raises c£78m from commercial auction
Allsop raised £77.9m at its second commercial auction of the year this week, which included a number of pub and freehold restaurant investments, with an average success rate of 82%
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NewsWagamama appoints JLL to aid expansion plans
Wagamama, the Duke Street Capital-led group, has appointed Jones Lang LaSalle (JLL) to advise it on its restaurant acquisition strategy.
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NewsLoungers plans 20 openings in 2015
Loungers, the Piper-backed cafe bar operator, is to increase its opening rate next year with up to 20 sites planned.
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News
Oakman Inns and Young's win double at Publican Awards
Oakman Inns and Young’s were double award winners at the Publican Awards 2014 last night, with many of the industry’s leading pubcos recognised for their successes
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NewsLa Tasca to launch standalone bars
La Tasca is to ramp up the launch a number of unbranded, standalone bars across its estate to broaden its offer as its looks to grow further market share
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Analysis & InsightPE-backed management deals
Following the early success of concepts such as PizzaExpress, Wagamama and Café Rouge, private equity is becoming increasingly involved in the world of restaurant operators. David Roberts, the head of the leisure team at leading law firm Olswang LLP, looks at the types of incentivised deal being offered to management teams to push concepts forward
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NewsEnterprise Inns to rollout on-line ordering
Enterprise Inns, the tenanted and leased pub company, plans to introduce an on-line ordering system for publicans across its estate, M&C Report has learnt
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News
Emmerson takes non-exec role at Hotcha
Andrew Emmerson, former business development director at Domino’s Pizza UK & Ireland, has taken a non-executive director role at Hotcha
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NewsBurns upgrades Young's to Buy
Leading analyst Karl Burns has upgraded Young’s from Hold to Buy, citing the recent decent trading and an “encouraging” outlook for 2015, and saying the stock no longer trades at a significant premium to its peers
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NewsBurns raises Fuller's TP
Leading analyst Karl Burns has increased his Target Price for Fuller’s ahead of its year-end this month
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News
Pub is The Hub wins Big Society Award
Pub is The Hub was announced as the latest winner of the Prime Minister’s Big Society Award at last night’s Publican Awards
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News
Noble Inns appoints MD
London-based Noble Inns, the Scott Hunter and Maria Larsen-led pub and restaurant operator, has appointed Simon Holroyd, formerly of the Dubai-based Al Tayer Group, as its first managing director
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News
M&B appoints new IT chief
Mitchells & Butlers (M&B) has appointed Tony Bentham as its new as director of business change and technology replacing Martin Taylor who has left the business