All MCA Insight articles in May 2014 – Page 7
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News
Red Mist eyes franchise route for further growth
Red Mist Leisure, the Surrey based multiple-pub operator, is planning to increase its estate to eight pubs then look to a franchise model for further growth, M&C Report has learnt
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NewsLuminar FY investments to total c£5m
About half of Luminar’s 53-strong estate would have received major investments by the end of its current financial year, with c£5m earmarked for investments on 15 sites during 2014/2015, M&C Report has learnt
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NewsMiller Brands outperforms UK beer market
Miller Brands UK (MBUK), a subsidiary of SABMiller, outperformed the UK beer market for the year ending 31 March 2014, as domestic lager volumes grew by 5% compared to the overall beer market in the UK which declined by less than 1%
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News
Sethi to back Fatty Crab in the UK
Jyotin Sethi, who with his brother Karem backs London’s hot dog and Champagne concept Bubbledogs, is believed to be one the people behind looking to introduce the popular US-based Fatty Crab and Fatty Cue concepts in the UK
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News
Compass wins five-year Homebase deal
Global catering company Compass Group’s Instore division has secured a multi-million pound deal with DIY retailer Homebase to open 30 coffee shops across its chain of stores over the next five years
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Opinion
Learning from a dry society
Sipping tentatively at a freshly-squeezed organic beetroot juice, Phil Mellows meets dry bar entrepreneur Catherine Salway of Redemption Bar and finds out what the licensed trade could possibly learn from a pub with no beer
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News
Earlham St Clubhouse eyes expansion
Earlham Street Clubhouse is looking to expand after the success of its initial site in London’s Covent Garden
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News
Russian group plans Tarantino’s launch in the UK
Food Master Group, the Russian hospitality group, is set to launch its Tarantino Grill & Wine Bar brand into the UK, after securing a site in central London
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News
Parched Pubs eyes double acquisition
Parched Pubs, the south London multiple-pub operator, is in the preliminary stages of acquiring two pubs this year to bring its estate to six, M&C Report has learnt
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News
Fish, chips & gin concept set for triple opening
George’s, an independent chain of fish and chips shops in the Midlands, has secured funding for the first three sites under its new concept restaurant that will serve upscale fish and chips, alongside a gin bar
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News
Scots want return of 'fit and proper' licence test
The Scottish Government has proposed a return to the ‘fit and proper’ test for alcohol licences and wants to add new offences for buying alcohol for under-18s
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News
Booker FY PBT grows 25% after Makro acquisition
Booker, the food and drink wholesaler, has reported a 2.1% rise in like-for-like sales (excluding its Makro business) in the year to 28 March as it saw profits before tax and exceptionals rise 25% to £118.7m following its acquisition of Makro
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News
Beannchor opens first Little Wing with patisserie concession
Beannchor, the Belfast-based leisure and hospitality operator, has opened its first Little Wing Pizzeria restaurant that features its Patisserie Mimi concession on-site
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News
Operators eye Shoreditch Village units
A number of leading operators are believed to have entered talks to open units at the Shoreditch Village development, which is due to come on line next year
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NewsH1 lfls up 1.1% at M&B
Mitchells & Butlers (M&B) has this morning reported a 1.1% increase in like-for-like sales for the 28 weeks to 12 April 2014 and said that its performance had been underpinned by a turnaround in volume performance
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NewsYoung's to rebrand tenanted arm; FY adjusted PBT up 17%
Young’s, the London-based pub operator, has reported a 17% rise in adjusted pretax profit to £27.2m in the year to 31 March, with like-for-like sales in its managed arm up 6.7%, as it announced plans to rebrand its tenanted arm as the Ram Pub Company by the end of the summer
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News
Barred pubgoer's Euro court vow
A customer barred from all pubs in his hometown has vowed to take his fight with Pubwatch to the European Court of Human Rights
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NewsLuminar FY EBITDA grows 34%
Luminar has reported a 34% rise in EBITDA (pre non-recurring costs) to £9.7m in the year to 22 February and said it’s investment programme is starting to deliver results, with returns on investment at recent refurbishments exceeding 40%
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Analysis & InsightBritish household leisure spend up 8% in April
Average British household leisure spend increased 8% to £215 in April boosted by improved weather and the long Easter weekend
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News
Redemption Bar eyes Shoreditch flagship
Redemption Bar, the dry bar concept, is close to securing a flagship site in London’s Shoreditch as part of plans to open up to 10 sites under the format in the UK