All MCA Insight articles in March 2015 – Page 16
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NewsEssenden FY lfls up 6.6%
Essenden, the tenpin bowling operator, has reported 6% increase in like-for-like sales for the 52 week period ending 28 December 2014
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NewsASK strengthens pipeline
ASK Italian has said it plans to open five sites in total by this summer, after opening the doors to its flagship Manchester restaurant
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NewsAmber Taverns rules out move for Bravo Inns
Amber Taverns managing director James Baer has told M&C Report the company has not made a bid for Bravo Inns.
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NewsShake Shack Q4 sales up 7.2%
Shake Shack saw same store sales increase 7.2% in the final quarter of 2014, with total revenue climbing 51.5% to $34.8m
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Krispy Kreme franchise sales grow 9% in Q4
Doughnut retailer Krispy Kreme has reported an increase in international franchise sales of 9% to $128m for its fourth quarter ending 1 February.
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Drink driving law hits 75% of Scottish pubs
New drink driving limits in Scotland have affected 75% of Scottish pubs, according to figures from BII Scotland which shows the lower drink driving limit is seen as a backward step for the license trade by 65% if licensees since the tighter law was introduced in December
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Cap on card charges could lead to £500m saving
New payments legislation announced by the EU this week, will cut credit and debit card charges for operators, resulting in a boom for the sector
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Amber Taverns eyes southern push
James Baer, managing director of Amber Taverns has told M&C Report the company is keen to push further south and is eyeing properties in Northampton and Leicester.
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NewsCineworld retail revenue up 2.2% for 2014
Cineworld has reported food and drink revenues up 2.2% to £89.3m for the year to 1 January, on a 52 week vs 52 week basis.
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NewsThird duty cut will grow brewing sector says SIBA
A third cut to beer duty will enable the continued growth in beer production, fuel sales growth, encourage investment and boost employment argues the Society of Independent Brewers Association (SIBA)
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Research warns of loss of loyalty with smart payments
Payments made using smartphones and devices may boomerang on retailers by removing the value added during the social interaction at the point of sale
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Yumchaa set to gear up expansion
Yumchaa, the London-based tea shop concept, is preparing to open its third new site since securing investment last year before gearing up for wider roll-out towards the end of 2015
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NewsChop Pot on track for five sites
Chop Pot, the West African grab and go concept is close to securing its third site and is on track to grow its estate to five central London sites this year, founder Affia Bioh told M&C Report
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400 Rabbits set for Crystal Palace
Craft beer and pizza concept aimed at suburban London is opening its first restaurant in Crystal Palace in June by brothers Daniel and Duncan Edwards who run the Lido Café at Brockwell Lido
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Analysis & Insight
Alcohol consumption falls again in 2014
The latest figures show alcohol consumption fell again in 2014 – for the eight year in the past 10 – wand that beer increased its share of the market.
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Eagle Eye looks to raise £4m
Eagle Eye, the digital loyalty company for the retail and hospitality sectors, is raising £4m through a share placing
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Analysis & Insight
Casual dining leads February lfl growth
Casual dining brands led the market in February with a 3.4% like-for-like sales increase - 4.6% for brands outside the M25 – according to the latest Coffer Peach Business Tracker.
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Finalists of Beer Marketing Awards revealed
Greene King, Marston’s and BrewDog are among the companies shortlisted for the inaugural Beer Marketing Awards.
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Analysis & Insight
UK foodservice industry to be worth £56.3bn by 2019
The UK foodservice sector is set for value growth of £10bn by 2019, making the industry worth over £56.3bn, according to consultancy Horizons.
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NewsJack: Watering down the MRO option
Leading analyst Douglas Jack, of Numis, has said the impact of the market rent only option being included in the pubs code appears to be declining.