All MCA Insight articles in November 2013 – Page 24
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NewsEclectic secures former P&P site for evolved Lola Lo
Eclectic Clubs & Bars has secured the former Pitcher & Piano site in Manchester’s Deansgate for conversion to an evolved version of its Lola Lo brand that will be the first to serve food
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Tokyo Group targets acquisitions
Tokyo Group, the bar and nightclub operator led by Aaron Mellor, says it’s targeting further acquisitions during the current financial year
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Criterion acquires eponymous site for £5m
Criterion Capital has acquired the long leasehold interest in the Criterion Restaurant in Piccadilly, from White Star Lines for a sum believed to be in excess of £5m
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3Sixty ends sale talks
3Sixty Restaurants, the group led by James Horler and backed by Luke Johnson, has terminated sale talks because it did not believe that the figures put forward reflected its current performance
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Sheps to make larger tenanted investments
Shepherd Neame, the Kent-based brewer and pub operator, is focusing on bigger investments in its tenanted estate over this current financial year
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InterviewsFriday five-minute interview
M&C Report talks to Jonathan Neame, chief executive of Kent-based brewer and pub operator Shepherd Neame, about his best investment, his best business decision and the best piece of advice he’s ever received
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NewsWagamama to restructure Australian operation
Wagamama, the Duke Street Capital-backed chain, is looking to restructure its operations in Australia after its franchisee for the country was placed into voluntary administration
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Analysis & InsightDiscounting becoming the norm
The use of deals across the UK’s restaurant sector has become the norm, according to the latest findings of a leading tracker
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Osteria Group eyes expansion
Osteria Group is looking to add to its London-based estate, after securing a second site for its Venetian coffee concept Bacari in the City
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NewsFrench: Extension of opening hours at JDW will be a success
A leading analyst has said that JD Wetherspoon’s decision to extend is food serving hours to 11pm will prove another successful strategic move at a time of “ongoing flux amongst the competition”
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Analysis & Insight
Discount-driven traffic increases
The number of restaurant visits in the US prompted by a deal or discount increased in 2013 after declining in 2012, according to a new report by The NPD Group
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NewsFive Guys targets 30 in 2014
Five Guys, the popular US burger chain, is putting in place plans to open up to 30 new sites in the UK over the next 12 months, including a few more flagship sites in central London similar to its debut unit in Covent Garde
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Cosmo to ramp up presence in the North
Cosmo, the Hertfordshire-based, pan-Asian restaurant operator, is to ramp up its presence in the North of England, with five openings planned for the region in the next 12 months
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Lithuanian cheese brand plans UK café chain
Dziugas, the Lithuanian cheese company, is planning to launch a chain of ‘cheese cafes’ in the UK, as it looks to grow its brand presence here
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Friska receives funding boost
Friska, the Bristol-based healthy fast-casual restaurant chain, plans to open an additional three sites over the next two years, after securing new funding
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IRC launches BBQ offer
Individual Restaurant Company (IRC), the operator behind the Piccolino and Restaurant Bar & Grill formats, has launched a new in-site BBQ concept
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NewsAnalyst corner
Jamie Rollo at Morgan Stanley looks to ahead to the full year results from Enterprise Inns, which are due on 19 November
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MacFarlane to head up AB InBev European division
Stuart MacFarlane, currently president of AB InBev’s Central & Eastern Europe business and former managing of its UK operations, has been named head of the company’s new combined European arm
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NewsM&C20 underperforms against FTSE
The M&C20 suffered a decline this week, down 1.2% to 1,149.95 - a fall that wiped £127m off the value of the 20 companies represented in the index
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Brains secures third Trees site
Brains, the Cardiff-based brewer and pub operator, is to open its third site under its all-day café bar concept Trees and the first to offer accommodation