All MCA Insight articles in March 2014 – Page 7
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NewsGovernment won't abolish personal licences
The Government has announced it will not go ahead with controversial plans to scrap personal licences
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OpinionChanging of the guard
If the average tenure for a chief executive these days in a quoted business is under five years, and for those in private businesses slightly more, then Simon Kossoff, Russel Joffe, Robin Rowland, Clive Schlee, Harvey Smyth and Andrew Page, with a combined tenure of more than 60 years (an average of 10 years each), are all due for replacement at some point soon. When it happens, who from the next generation will take over?
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Weekend Press
Weekend press round-up, 22-23 March
Pubs Pub landlords face tenfold rise in cost of licence Pub landlords could be hit by tenfold rises in the cost of their licences under plans put forward by the Government. The Home Office is proposing to hand the power to set licence fees – paid by bars, pubs and ...
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NewsDomino's Poland grows FY lfls
Domino’s Pizza Poland has reported a 43% rise in like-for-like sales at its first 13 sites in the country in 2013, which the company described as a period of “substantial progress” for the group
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NewsEd’s eyes 100 sites, as FY lfls grow 2.5%
Ed’s Easy Diner has announced ambitions to grow its estate to over 100 sites by September 2018, as it reported an 87% increase in sales to £17.6m for the year to 30 September 2013
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NewsYO! considers its options
YO! Sushi, the Robin Rowland-led, Quilvest-backed group, has reportedly appointed advisers to explore its options, including a possible sale
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NewsPaul UK reports strong growth
Paul UK, the London-based French bakery concept, reported strong growth in the second half of last year and said that this improvement has continued into the first quarter of 2014
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NewsMarston's exchanges on four properties worth £18m
Marston’s, the brewer and pub operator, has exchanged contracts on four properties worth £18m
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News
CAU eyes national expansion
CAU, the casual dining steakhouse concept, is putting in place a pipeline of new sites, which will see the brand open its first sites in the north and grow to up to 17 sites over the next 18 months
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NewsUS and Tex-Mex lead restaurant openings
The number of sites in retail areas run by multiple restaurant groups increased 4.1% in the fourth quarter of 2013, with Tex-Mex/American-themed and restaurant/bar hybrid venues seeing the fastest proportional growth, according to new research seen by M&C Report
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NewsBrewDog confirms openings pipeline
BrewDog, the Scottish brewer and pub operator, has confirmed plans to open more than 10 bars over the next six months
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NewsLittle & Large prevent bigger losses for M&C20
The M&C20 was saved from a more significant decline thanks to the share price performance of two companies at either end of the scale – JD Wetherspoon and Essenden
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News
Dorbiere expects FY turnover to grow 8%
Dorbiere Pub Group, the operator of freehold pubs across northern England and the Midlands, expects turnover to grow 8% in its current financial year and improve company profitability
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Interviews
Friday five-minute interview
M&C Report talks to Paul Goodale, co-founder of PizzaLuxe, the gourmet pizza concept and former director of restaurants at Harrods, about his best investment, his best business decision, and the best piece of advice he’s ever received
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NewsZonal turnover grows 14.2% in 'transformational' year
Zonal Retail Data Systems saw its turnover grow 14.2% to reach £41.3m in what it called a “truly transformational year” to 30 June 2013, during which it secured contracts with major operators including Mitchells & Butlers
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Analysis & InsightMexican food grows and evolves on UK menus
Burritos and enchiladas were the fastest rising items on menus at UK restaurants and pubs in the fourth quarter of 2014, as Mexican food evolves into barbecue-inspired and other fusion formats, new research from Technomic shows
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NewsJones the Grocer plans UK launch
Jones the Grocer, the Australian group, which is partly owned by the private equity arm of Louis Vuitton Moet Hennessy, L Capital, plans to launch its three concepts in the UK this year
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News
New Yorkshire pub venture secures first site
Fine & Country Inns, a new venture focused on pubs in rural Yorkshire, has secured its first site by taking a Punch Taverns leasehold
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Analysis & Insight
Campaigners call for TV junk food ads ban until 9pm
Health campaigners have called for food and snack makers to be banned from advertising food high in fat, sugar and salt before the 9pm watershed
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News
The Ambrette set for South East expansion
Dev Biswal, chef patron of The Ambrette which has restaurants in Margate and Rye, has revealed plans to expand across the South East, with two new sites opening in the coming few months