All MCA Insight articles in May 2017 – Page 7
-
Analysis & Insight
Decline in demand for London sites
Demand for sites in Greater London fell from 36.9% of all UK requirements in 2016, to 33.7% in 2017.
-
Analysis & InsightCoping mechanism
With Simon Cope installed as Byron’s new managing director, does the appointment and continued search for a chief executive throw up more questions than it answers?
-
News
Clockjack weighs up delivery-only growth model
Clockjack founder Jerry Goldberg is weighing up expansion strategies for his rotisserie chicken delivery business after closing his remaining restaurant site in Woolwich, MCA has learnt. Goldberg, who now delivers to a wide catchment area from a large delivery-only kitchen in Monument, is considering whether to repeat the model in ...
-
Analysis & Insight
Bars on the rise in retail centres
Bars & wine bars have seen the biggest growth of any food and beverage sub-sector in retail centres, Cushman & Wakefield’s UK Food & Beverage Market report has found.
-
Analysis & Insight
Record numbers visit UK
A record 37.6m overseas visitors came to the UK in 2016, 4% more than in 2015, new ONS figures reveal.
-
News
Revolution grows FY lfls 1.7%
Revolution Bars Group has given a brief update on expectations for the 52 weeks to 1 July, reporting like-for-like sales up but saying new sites are taking longer than expected to hit full profitability.
-
NewsLeon secures new £25m investment
Spice Private Equity, a Swiss investment company, has invested £25m to acquire a significant minority stake in Leon
-
NewsCharles Wells eyes group pub deals
Charles Wells chief executive, Justin Phillimore, has told MCA that the company will target group acquisitions alongside organic growth of its managed estate, following the sale of its brewing business to Marston’s.
-
NewsMarston’s: Charles Wells; pub deals; pricing and lodges
MCA talks to Marston’s chief executive Ralph Findlay and managing director of Marston’s Beer Company, Richard Westwood, on the back of the £55m acquisition of Charles Wells.
-
Analysis & Insight
Food for thought
The restaurant sector has performed well in recent years with market growth underpinned by long-term demographic and consumer trends. But market conditions have become more competitive, consumers are facing pressure on their real incomes from rising inflation and cost pressures are increasing. A more cautious outlook on the sector is justified, argues David Chubb, Partner, Middle Markets, at PwC
-
News
Be At One confirmed for Bournemouth
Be At One has confirmed it has secured its second south coast venue, in Bournemouth.
-
News
Shepherd Neame to launch keg-only format
Shepherd Neame’s new opening in a retail unit at Chatham’s marinas will be a keg-only offer, MCA understands.
-
News
Vita Mojo signs Elior franchise deal
Vita Mojo has signed a franchise deal with contract caterer Elior
-
News
Townsend: Punch deal great for sector
Simon Townsend, chief executive of Ei Group, has told MCA that he sees Heineken’s imminent acquisition of rival Punch as “a great statement of confidence in the future of UK pubs”
-
News
Greggs lfls up 3.6%
Greggs has reported a “good start to the year” with company-managed shop like-for-like sales in the first 19 weeks up 3.6%
-
News
Smoke & Salt head to Pop Brixton
Pop-up kitchen Smoke & Salt has been announced as the replacement for Kricket at Pop Brixton.
-
News
Mettricks signs for fifth site
Mettricks, the four-strong coffee shop group, is opening a new coffee, cocktail and food venue at Woolston Waterside, part of the Centenary Quay development in Southampton. Mettricks has agreed a 20-year lease for the 2,793 sq ft site, which is one of 12 new leisure units being developed at Woolston ...
-
News
Time Out Markets committed to London after Spitalfields setback
Time Out will continue to look for new locations for its Market concept in London and internationally its bid to open in Spitalfields was rejected.
-
News
Tuk Tuk looking to England for next site
Tuk Tuk, the Scotland based Indian street food restaurant concept, is eyeing a third site in England this year, MCA has learnt.
-
News
Tortilla eyes smaller format
Tortilla is looking into developing a smaller format model aimed at residential areas, prompted by the growth of the delivery side of its business