All MCA Insight articles in May 2018 – Page 5
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News
Coppin steps down as Byron marketing director
Paul Coppin has stepped down as marketing director of Byron, the Three Hills Capital Partners-backed burger chain, MCA understands.
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Brewhouse & Kitchen secures Hoxton site
Brewhouse & Kitchen, the brewpub business led by Kris Gumbrell and Simon Bunn, will strengthen its presence in London, with the addition of a site in Hoxton.
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Young’s FY managed lfls up 4.2%
Young’s has reported like-for-like sales in its managed houses up 4.2% for the year to 2 April, with group revenue up 6.2% to £279.3m.
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NewRiver acquires Hawthorn for £106.8m
NewRiver, the UK REIT and pub owner, has confirmed it has acquired the 298-strong Hawthorn Leisure for £106.8m.
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Jamie’s Italian wants to “come off the discount drug”
Jamie Oliver Restaurant Group chief executive, Jon Knight, has told MCA that the group wants “to come off the discount drug”.
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Berry swaps Prezzo for Bill’s
Bill’s, the Richard Caring-backed restaurant chain, has appointed Colin Berry, formerly of Prezzo, as its new finance director, MCA has learnt.
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Caravan appoints Hinchliffe as new FD
Caravan, the Active Partners-backed, all-day cafe and restaurant concept, has appointed Greg Hinchliffe, as its new finance director, MCA has learnt.
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Jollibee to make UK debut
Jollibee, the Philippines fast food group, which was last year linked with a takeover of Pret, is to make its UK debut with its eponymous brand, MCA has learnt.
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CDG to build hotel-based estate
Casual Dining Group (CDG), the operator of nearly 300 mid-market brands including Café Rouge, Bella Italia and Las Iguanas, to become the latest sector operator to eye expansion in the hotel F&B market, after signing UK franchise agreements to operate restaurants at two UK hotels.
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Brewhouse & Kitchen to make Sussex debut
Brewhouse & Kitchen, the brewpub business led by Kris Gumbrell and Simon Bunn, is to make its debut in West Sussex later this year, after securing a site in Horsham.
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Pret appoints Di Cello as new finance director
Pret, the Bridgepoint-backed chain, has appointed David Di Cello, formerly of BT, as its new finance director, MCA has learnt.
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Boston Tea Party appoints Hooker as ops director
Boston Tea Party (BTP), the Bristol-based café and restaurant brand, has appointed Paul Hooker, formerly of Whitbread, as its new operations director.
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Britvic reports adjusted earnings up 6% for HY
Britvic has reported organic adjusted EBIT increased 6% to £80.5m, in a trading update this morning for the 28 weeks ended 15 April 2018.
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Hollywood Bowl reports 4% FY LFL growth
Hollywood Bowl has reported like for like revenue growth of 4% for the six months ended 31 March 2018.
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Sector urged to step efforts to report sugar
The eating out sector has been urged to step up its efforts to reduce sugar content, with other food sectors accusing it of failing to engage with Public Health England (PHE) and creating an unfair playing field.
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Private equity groups ‘circle Costa’
A number of private equity groups are circling Costa, opening the door to a potential £3bn sale of the business, according to reports.
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Chozen Noodle eyes further Co-op opportunities
CP Foods, the owner of the Chozen Noodle and Chow Asian Kitchen, is eyeing further in-store opportunities with Co-op after launching two franchises with the group.
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Hungryhouse stops taking orders after Just Eat takeover
Delivery platform Hungryhouse has now stopped taking orders following its takeover by Just Eat.
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M&S suffers amid growth of food delivery and online retail
Marks & Spencer has cited the growth in home delivery of food and the migration of retail online as key factors threatening its market position, and leading to the decision to close 100 stores by 2020.
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TRG lfls down 4.3% in year-to-date
The Restaurant Group (TRG) has reported like-for-like sales for the 20 weeks to 20 May down 4.3%, with total sales falling 3.1%.