All MCA Insight articles in May 2017 – Page 3
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News
Boxcar confirmed for Marylebone
Boxcar, the new “butcher & grill” concept from Barry Hirst, co-founder of Cubitt House, has confirmed it will launch its debut site in Marylebone
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News
Eagle Eye to raise £6m
Eagle Eye, the digital loyalty company for the retail and hospitality sectors, is to raise £6m through the placing of new shares.
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News
Provenance Inns MD steps down
Provenance Inns – the seven-strong gastropub and hotel operator – has announced the resignation of co-founder and managing director Michael Ibbotson.
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News
Redman eyes second Jidori
Brett Redman, the Australian chef, is planning to open a second site under his Japanese street food concept Jidori
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News
Gusto set for York
Gusto has further strengthened its openings pipeline after securing a site in York
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Analysis & Insight
Knives are out for Frankie’s
This week saw shares at The Restaurant Group fall 7% on the back of a note from UBS, which said Frankie & Benny’s new menu was still 22% more expensive than branded pub chains despite cutting prices.
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Analysis & Insight
Bank Holiday bonanza predicted
The May bank holiday could earn a £3bn for high street businesses, as Britons choose to spend the long weekend closer to home.
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OpinionYoung’s: From dray horses to digital revolutionaries
Young’s chief executive Patrick Dardis talks to MCA about regional expansion; plans to ramp up investment; it’s digital ambitions and the trends the group is seeing in its customer base.
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NewsTRG lfls fall 1.8%
The Restaurant Group saw like-for-like sales slide again in the 20 weeks to 21 May.
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News
Food market operators eye Seven Dials scheme
London Union, Time Out Market and Eataly are all believed to have shown an interest in opening a new flagship site in Covent Garden
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Analysis & Insight
JDW retains dominance among pub brands
The latest Pub Brand Monitor from MCA has shown that despite site closures over the past year and a fall in its share of breakfast and dinner visits, JD Wetherspoon remains the market leader.
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OpinionInvestment deal raises stakes for Leon
Leon’s new investors previously turned a concept described as a “meat-eater’s mecca” into a successful chain in the US and will hope to do the same with the UK-based health-focused, fast food concept. Mark Wingett looks at the new investment and talks to Leon co-founder John Vincent about taking nothing for granted
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News
Jones to step down from Caffe Nero
Helen Jones is to step down as group executive director of Caffe Nero, after five years with the coffee chain
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News
The Ivy Collection set for Canary Wharf
The Ivy Collection is set to open another flagship restaurant in London, after securing a site in Canary Wharf
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News
Analyst corner: Young’s
Analysts from Panmure Gordon and JP Morgan give their views on Young’s FY results this morning – including a belief that they may be the only pub company actually able to deliver the like-for-like sales increase necessary to keep profit growth on track but why their sensitivity to weather trends could be a downfall.
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News
IRC to bring Gino D’Acampo concept to Camden
Individual Restaurant Company is to continue the roll out of its Gino D’Acampo My Restaurant concept with an opening in Camden
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News
Over £10k raised to buy drinks for Manchester hospital staff
A crowdfunding page has now raised over £10,000 to cover the bar tab for staff working at a Manchester hospital treating victims of Monday’s terrorist attack
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News
Zizzi launches click-and-collect ordering
Zizzi has partnered with online ordering platform Orderswift to launch click-and-collect ordering across its 145-site estate
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NewsYoung’s FY managed lfls up 4.7%
Young’s has reported like-for-like sales up 4.7% in its managed houses for the 53 weeks to 3 April.
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NewsBrakspear eyes 20 managed sites by 2020
Brakspear chief executive Tom Davies has told MCA the group is targeting 20 managed sites by 2020 and has developed its first rollout vehicle.