All MCA Insight articles in November 2013 – Page 2
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News
SRA eyes bespoke pub scheme
The Sustainable Restaurant Association (SRA) is looking to develop its first dedicated sustainability accreditation scheme for food-led pubs, M&C Report understands
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Liberation sees profit boots from transfers
Channel Islands operator Liberation Group saw a profit boost of £1m after transferring a portion of its managed pubs estate to tenancy
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Eclectic makes AIM debut
Eclectic Clubs & Bars made its debut on AIM yesterday, with the group’s shares listed at 160p
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Ping Pong FY losses narrow
Ping Pong, the London-based dim sum chain led by Art Sagiryan, has reported a narrowing of losses in the year to 31 March after it closed three restaurants in the period, which also removed all bank debt
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Bake & Take eyes UK roll out
German café operation Backwerk, which operates 300 sites across Europe, has made its UK debut under the name Bake & Take, with plans to open 10 sites over the next year and 100 within the UK by the end of 2018
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Forrester: Business as usual at TGI UK
Karen Forrester, managing director of TGI Friday’s UK, has said that it is business as usual for the group, as parent company Carlson explores its options for the brand, which could include a sale of the business
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Report calls for high street shake up
A new report has called for the biggest structural changes to town centres in decades, which could include finding more space for leisure outlets and other uses
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M&B ready to push the envelope with Harvester
Mitchells & Butlers (M&B) is ready to push the envelope when it comes to the development of Harvester, after Alistair Darby admitted that the company had moved too fast when iit entered the leisure and retail park sector with the brand
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Freehold investment in Pulze restaurant marketed
The freehold investment interest in the property housing Claudio Pulze’s Briciole restaurant in Marylebone, London, has been brought to the market
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Greggs strengthens board
Greggs has announced the appointment of Helena Ganczakowski as an independent non-executive director with effect from 2 January 2014
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Under 35s more optimistic on disposable income
Shoppers aged under-35 are more than twice as likely than their older counterparts to think they will be better off in the year ahead (28% vs 12%), according to research from IGD ShopperVista
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Albentosa to open 24-hour diner
Jim Albentosa, owner of Leeds clubs The Warehouse and Control, is to open a 24-hour diner concept in the city’s Cardigan Fields
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Luxury soap supplier opens pub
Baylis & Harding, the producer of luxury soaps and other bathroom products, has announced its first move into the hospitality industry with the opening of a country pub with rooms in the Cotswolds
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Cosmo secures Norwich site
Cosmo, the Hertfordshire-based, pan-Asian restaurant operator, has secured a site in Norwich for an opening next year
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Brunning & Price sets date for Ribble Valley opening
Brunning & Price (B&P), The Restaurant Group-owned pub group, is to open a country pub in Ribble Valley in Lancashire next March
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Operators sign up for Q App
A number of leading operators have signed up to Q App, the new mobile ordering platform, which allows customers to browse the menu, order and pay from their smartphone, avoiding the need to queue, carry cash or ask for the bill
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News
Edrington eyes new £100m distillery
Edrington, the Scottish spirits group, is to spend £100m on a new distillery and visitor centre, the Financial Times reports
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News
High-end KFC to make debut in Canada
The world’s first KFC Select, a higher-end version of the fried-chicken brand’s format, will make its debut in mid-December in Toronto
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News
Mid Life Crisis takes Star leasehold
Multiple pub operator Mid Life Crisis has secured its fourth site, a Star Pubs & Bars leasehold in Berkshire
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French raises Enterprise Target Price
Leading analyst Simon French has increased his Target Price for Enterprise Inns from 123p to 133p following its full-year results last week