All MCA Insight articles in March 2019 – Page 12
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News
Las Banderas to expand Aqualung sub-brand as standalone concept
Spanish restaurant group Las Banderas has launched a sub-brand called Aqualung which it is looking to expand as a standalone concept, MCA has learnt.
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News
Mangobean acquired by Rosebirch
Mangobean, the coffee shop franchise, has been acquired by retail fit-out specialist Rosebirch, MCA has learnt.
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NewsGrind reveals new sites ahead of Crowdcube campaign
Grind, the coffee shop, bar and restaurant group, has revealed details of six confirmed central London openings in the next 18 months, plus a new coffee roasting facility, ahead of its return to Crowdcube later this week.
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NewsEd’s and Giraffe closures revealed
The list of Ed’s Easy Diner and Giraffe sites to close under the Company Voluntary Arrangement covering the two brands has been revealed.
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NewsNeil MacLeod: ‘Lager is still king of the market’
As many swooned over craft beer, Revolution Bars co-founder Neil MacLeod looked to the more widely consumed lager for a premium makeover. MCA’s Finn Scott-Delany catches up with the Mission Mars director at their flagship venue Albert’s Schloss.
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OpinionMind the gap
Mental health support for employees has gone from being a rarity to an integral part of a company’s people culture in just a few short years. Jo Bruce looks at the different ways in which operators are focussing on the wellbeing of their employees. Including contributions from Wagamama, New World Trading Company, BrewDog and M Restaurants, among others
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News
Just Eat sees active UK customers up 16% in FY
Just Eat has said that one-fifth of the UK adult population now use its delivery platform.
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NewsShepherd Neame managed lfls up 3.7%
Shepherd Neame has reported like-for-like sales (lfls) up 3.7% in its managed estate for the 35 weeks to 2 March.
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NewsIncipio secures £5m funding, eyes expansion
The Incipio Group, the food court, bar and restaurant operator, has secured £5m investment to kickstart its next stage of growth, with five London sites and its regional debut lined up for the next 18 months.
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NewsGK pub and Walkabout site brought to market for £4.4m
A small package of pubs let to Greene King and Stonegate has been brought to the market through Savills.
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NewsFinal Delisserie site sold
Delisserie Restaurants, the North London-based, New York Deli & Grill concept, has sold its remaining site.
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NewsOn the Bab relocates Marylebone venue to Soho
On The Bab, the Korean street food concept, is relocating its Marylebone site to Soho, while opening a first overseas location, in Paris.
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Analysis & InsightThe science of the subconscious
We all think that we know our minds and can make our own decisions, but how many of the choices customers make in restaurants are conscious and how many can be influenced? Kate Nightingale, head consumer psychologist and founder of Style Psychology reveals some of the science behind consumer behaviour and how operators can use this to their advantage.
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News
Brasserie Blanc growth to be focused on hotels only
Brasserie Bar Co is to focus the growth of its Brasserie Blanc restaurant business on hotel locations only, MCA has learnt.
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NewsHumble Grape lines up fifth site; kicks off Seedrs fundraise
Humble Grape has lined up a fifth site in Canary Wharf, MCA understands.
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Analysis & InsightData on decline of 24-hour licences is inaccurate barometer of health
A new research report has suggested that a 19% fall in 24-hour alcohol licences is down to demand failing to materialise – however its accuracy as a barometer for the health of late night venues has been disputed.
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NewsJapan Centre backed by Hanshin Shuhan Inc
Japan Centre Group, the operator of Shoryu Raman and Ichiba food hall, has announced a strategic partnership with Hanshin Shuhan Inc. taking a 49.5% equity participation its shares.
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Analysis & InsightPubs saw boom in dinner spend in Q4 2018
Pub restaurants benefitted from a late surge in consumer confidence in the final quarter of 2018, with dinner the stand-out performer, the latest MCA data shows.
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NewsBRG eyes £10m investment in Ed's/Giraffe estate post-CVA
Boparan Restaurant Group is thought to be willing to invest up to £10m in the Ed’s easy Diner and Giraffe estates, if a Company Voluntary Arrangement (CVA) is approved.
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OpinionTwists and turns
The casual dining sector was once again in the spotlight for the wrong reasons yesterday with the confirmation from Boparan Restaurant Group that it was seeking a Company Voluntary Agreement for its Giraffe and Ed’s Easy Diner brands. James Wallin asks what the decline of the two brands says about the wider casual dining contraction. Meanwhile, with Steve Richards departure from CDG, the two biggest players in the casual dining market are now without long-term leadership. Who would be willing to take on these mantles, and what would their strategies be?