All MCA Insight articles in May 2018 – Page 9
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NewsCDG signs partnership deal with Cineworld
Casual Dining Group, the operator of Bella Italia, Café Rouge, Las Iguanas, Belgo and La Tasca, has announced a new three-year restaurant partnership deal with Cineworld, which will offer the UK’s leading cinema chain’s Unlimited cardholders a 25% discount on food and drink across the restaurant company’s brands.
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NewsGoose Island open to reviving Tap House brand
Goose Island International president, Ken Stout, has told MCA that the group is keen to re-launch its Tap House concept in another London venue.
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NewsC&C profits down 7% due to competitive pressure in Ireland
C&C Group has recorded adjusted EBITDA of €100m for the 12 months ended 28 February 2018, down 6.3% on the previous year.
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News
SSP UK lfls 0.7% in H1
SSP Group has posted like for like revenue growth of 0.7% in the UK, in the six months to 31 March 2018.
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News
Dilley swaps Carluccio’s for Nero
Alison Dilley, former marketing director at Carluccio’s, has joined Caffe Nero as its new head of international marketing
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News
Wokit to add to London estate
Wokit is to open a third site in London, as it explores further growth opportunities in the capital
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News
Richoux trials all-day restaurant & bar concept
Richoux is to trial a new restaurant and bar concept in two of its existing sites
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NewsEiG: Managed Expert exits; REIT status and regional growth
Following Ei Group’s H1 trading update, MCA spoke to chief executive Simon Townsend. He discussed what the group’s revised growth prospects mean for the long-term goal of converting to a REIT. He also spoke about the where growth would come from in the managed estate, timetabling eventual exits from the Managed Investment partnerships and the first new site for its joint venture with PubLove. On the tenanted and leased estate, he said that while the Midlands and the north of England had slipped into negative like-for-likes, the long-term recovery of these areas remains on track.
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News
Merchant Gourmet eyes further Waitrose counters
Merchant Gourmet, the retail brand from Leathams, is hoping to explore further opportunities with Waitrose after launching a Grain & Graze counter at the supermarket’s Salisbury branch.
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Opinion
Method behind Usher’s mayhem
Gary Usher is the outspoken chef-patron whose fledgling bistro group punches above its weight. Despite insisting he’s simply winging it, is there actually a calculating business mind behind the bluster? Finn Scott-Delany finds out
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NewsMarston’s H1: Taverns lfls up 2.9% but Destination suffers
Marston’s saw like-for-like sales in its Destination arm fall 1.8% in the 26 weeks to 31 March, but its Taverns division reported a 2.9% uptick.
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M&B H1 lfls up 1.6%
Mitchells & Butlers has this morning reported a 1.6% increase in H1 like-for-like sales, with food sales up by 1.8% and drink sales by 1.4%
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NewsMay 2018
The May 2018 digital edition of the MCA journal is now available, including interviews with Heineken’s Lawson Mountstevens; Mowgli founder, Nisha Katona; NWTC’s Chris Hill and PizzaExpress UK managing director Zoe Bowley, among others. This month’s edition also looks at the topic of sustainability and how rising demands for responsible retailing are impacting on the bottom line.
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News
Lousada departs Matthew Clark
James Lousada has left Matthew Clark & Bibendum following its buyout by C&C Group, MCA’s sister title, the Grocer, has revealed.
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Bear Coffee secures Stone site, eyes two more
Bear Coffee, the West Midlands speciality coffee operator, has secured its third site, in Stone, and is eyeing two more for early 2019, MCA has learnt.
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News
Boxpark appoints Leslie as NED
Boxpark has appointed John Leslie, former chief executive of iNTERTAIN, as a non-executive director.
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News
Home House to launch new members club
The team behind private members club Home House are launching a new club Home Grown in Great Cumberland Place.
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Spanish operator secures former Dstrkt site
Spanish club operator Costa Este group has taken on the former Dstrkt club site, the Evening Standard reports.
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Taco Bell eyes Gateshead site
Taco Bell has submitted plans for its first restaurant in North East England, on the site of the former Frankie and Benny’s in Gateshead.
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News
Focus on: Marston’s Destination
Iain Jackson, who heads up Marston’s c350-strong Destination division spoke to MCA about the growth of the group’s Firebrand and Accent divisions and the scope he sees for further expansion. He also discussed how he has restructured his teams into smaller units that can react more swiftly to changing consumer trends, and the creation of a dedicated openings team, to follow sites through from acquisition to the handover to ops teams.