All MCA Insight articles in March 2018 – Page 15
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News
Boxpark teams up with LWE for music programme
Boxpark Croydon has teamed up with club and event LWE for a programme of evening shows.
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News
Walmart moves into prepared meals
Walmart, the US based owner of Asda, is planning to compete against restaurant chains by offering prepared meals at its stores, Bloomberg reports.
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News
Google sells Zagat guide to The Infatuation
Google has sold restaurant review guide Zagat to The Infatuation website.
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News
Just Eat UK orders up 19% in 2017
Just Eat saw UK order growth of 19% to 105 million in 2017, with revenue for the segment up 28% to £303.7m.
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News
Shepherd Neame H1 turnover up 6.3%
Shepherd Neame grew like-for-like EBITDAR 2.1% across its tenanted and leased pub estate in the 26 weeks to 23 December, while like-for-like sales in its managed arm also grew 2.1%.
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News
Shake Shack targets City opening
Shake Shack, the US better burger brand founded by Danny Meyer, is set to open its first site in the City of London
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Analysis & Insight
One in three of UK’s top 100 restaurant groups are lossmaking
More than a third of the UK’s top 100 restaurant groups are lossmaking
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Analysis & InsightSing when you’re winning
Press coverage of the eating out sector has not made the easiest reading of late, however beyond the much-debated headwinds and the travails of selected brands, the sector remains replete with success stories. Ahead of this week’s Retailers’ Retailer of the Year awards, James Wallin highlights just a few.
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OpinionHold your Italian stallions
This weekend Carluccio’s became the latest business to come under the spotlight. The wider press is smelling more CVA blood and before we talk another sector business down that route, Mark Wingett asks whether we should hold our horses a minute on this one?
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NewsPrezzo FY lfls fell 8%
The Company Voluntary Proposal proposal document put forward by Prezzo has laid bare the decline in trading the company experienced during 2017
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News
GK hits 10,000 apprentice milestone
Greene King has so far supported a record 10,000 of its team members through apprenticeship programme.
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NewsCarluccio’s "appoints advisors"
Carluccio’s has become the latest casual dining chain to appoint advisors to assess its strategic options, according to reports this weekend.
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NewsHawthorn Leisure to review its options
Hawthorn Leisure has appointed advisors to assess its strategic options, which could include a sale of the business
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OpinionSector must rally behind new apprenticeship platform
With Apprenticeship Week approaching, Brewhouse & Kitchen executive chairman Kris Gumbrell takes aim at overpriced university courses, and calls for the industry to rally behind an apprenticeship platform to solve the skills gap
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News
Diary: Giraffe; Wahlburgers and Gordon Ramsay (again)
This week’s Diary discusses…. well… the same stuff as last week really as we bring you the grapevine’s latest on the senior team at Gordon Ramsay Group. We also discuss rumblings around Boparan and the latest US chain thought to be eyeing a UK launch.
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News
CCTV to be installed in meat cutting plants
The Food Standards Agency and Food Standards Scotland have revealed more details about their upcoming review of meat processing sites.
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News‘London is the burger Mecca’
Shake Shack culinary director Mark Rosati talks to MCA about how he takes inspiration from London’s burger scene, building enduring sites that connect with their community, and the group’s thoughtful and considered approach to expansion
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NewsPOD reports 8% lfl growth
POD, the healthy eating grab and go concept, has achieved like-for-like growth of 8% in the first two months of 2018, chief executive Alex Young has told MCA.
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Analysis & InsightRebalancing the landlord/tenant relationship
As pressures mount on operators, their relationships with landlords are becoming increasingly important. But, are both sides speaking the same language? David Abramson, chief executive of leisure property consultant Cedar Dean, discusses.
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NewsPrezzo needed a pick up earlier
In what could be the biggest Company Voluntary Arrangement (CVA) the UK’s restaurant sector has experienced, Prezzo is set to shed nearly a third of its estate, including its Chimichanga brand, in a further high profile example of the issues currently impacting the industry. So how did it come to this for a business that sparked a bidding battle and sold for a price that analysts at the time said undervalued it, asks Mark Wingett