All MCA Insight articles in May 2015 – Page 20
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News
Cereal Killer in talks with Portugal and NZ for first franchise
Cereal Killer Café, the quirky Shoreditch-based breakfast concept, is in discussions to open the first international branches of the café under franchise in Portugal and New Zealand this year, M&C has learnt
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News
United Ramen to double up
United Ramen, the Japanese restaurant and takeaway, has begun searching for its second site to open by the end of this year, founder Aaron Resch has told M&C Report
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News
Corbin & King to open Bellanger in Islington
Corbin & King, the group behind The Wolseley and The Delaunay, has confirmed it will be opening a restaurant in Islington after acquiring the former Brown’s site from Mitchells & Butlers (M&B)
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News
Marston's rejoins Beer Group
Marston’s has rejoined the All-Party Parliamentary Beer Group - three years after withdrawing its backing.
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News
Hummus Bros to raise £250k through crowdfunding
Hummus Bros, the London-based healthy eating concept, is launching a crowdfunding campaign to raise £250k to accelerate its opening schedule and enable the company to double its presence at corporate pop-ups to reach up to 700 this year
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News
EU to investigate claims McDonald’s avoided $1bn in tax
McDonald’s could be facing a European Union (EU) investigation into its tax affairs
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News
Hospitality salaries continue to rise
Salaries across the hospitality industry grew by 1.4% in 2014 with the highest growth in the £30k to £34k bracket, a new report has claimed.
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News
Intu: Continued improvement in retailer demand
Intu has reported continued improvement in retailer demand with 44 new long term leases agreed for £7m new annual rent in the year to date
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News
Wildwood signs for Gloucester scheme
Wildwood become the latest operator to join the restaurant line-up at the Crowngate shopping centre in Worcester
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News
ABInBev Q1 UK own beer volumes fall 7%
ABInBev, the Stella Artois and Budweiser brewer, saw UK volumes of its products fall 7% in Q1
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Analysis & Insight
Confidence increases as more brands plan rollouts
Confidence has increased among foodservice brands with 54% planning to open more than five outlets in the next year compared to 35% at the same point last year, new research has shown. A survey by Horizons showed that shopping centres top the target locations for expansion (mentioned by 86% in ...
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News
Sadler’s Brewery targets six pubs
Midlands-based Sadler’s Brewery is planning to open another four tap houses in the region after launching its second pub.
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News
Muller: McDonald’s restructure could lead to significant change
Steve Easterbrook’s initial plan to turnaround McDonald’s has the potential to change the way all multi-national companies segment changing markets
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News
JDW Q3 lfls up 1.7%
JD Wetherspoon has reported like-for-like sales up 1.7% for the 13 weeks to 26 April and 3.6% for the year to date.
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News
Walkabout spends £400k on second refurb of 2015
Walkabout operator Intertain has invested £400,000 in its second refurbishment project of the year – in Newquay, Cornwall. It follows the unveiling of the newly modernised Walkabout in Bristol in March. The refurbishment at Newquay includes a ‘Reef Bar’ for the main bar area, where linked-screens show under-sea and beach ...
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News
Giggling Squid secures Essex site
Giggling Squid is set to complete on a site in Essex today, M&C Report understands.
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Analysis & Insight
We want to be together
After a relatively slow start to the year, momentum behind M&A in the sector is starting to pick up, with the sales processes of La Tasca and Las Iguanas moving up a gear. Consolidation of the market place is high on the agenda
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News
Jack: Expect strong underlying trade for Marston’s H1
Leading analyst Douglas Jack, of Numis, has said he expects Marston’s to report strong underlying trade when it presents its H1 results next week.
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Weekend Press
Weekend press round-up 2-4 May
Weekend press round-up 2-4 May Restaurants Las Iguanas circled by private equity firms Las Iguanas, the Latin American dining chain, is being circled by private equity firms in the latest sign of growing investor appetite for restaurant deals. Bowmark Capital, the group’s owner, is understood to be looking ...
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News
Total orders up 51% in Q1 at Just Eat
Just Eat has reported a 51% increase in total orders for the three months to 31 March 2015