All MCA Insight articles in November 2013 – Page 3
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NewsInventive announces £3m extension to investment programme
Inventive Leisure, the Revolution bar operator, has announced a £3m extension to its investment programme that will see more than half of its estate (37 outlets) undergo refurbishments by May 2014
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NewsMarston's: Package disposal, estate plan, menus, lodges
M&C Report takes a closer look at the full-year results for 5 October for Marston’s and talks to Peter Dalzell, managing director of Marston’s Inns and Taverns
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Tragus to launch Parisienne brasserie at Heathrow
Tragus has announced it is invested £1.2m in opening a new 168-cover restaurant & bar concept, La Salle, at Heathrow’s new Terminal 2: The Queen’s Terminal, next June
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FY lfls up 2.2% across Marston’s P&D estate
Marston’s has this morning reported that total like-for-like sales were up 2.2% across its premium & destination estate for the year to 5 October against the previous year, with growth in the second half year of 4.1%
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NewsNew M&B IT infrastructure to be game changer
The consumer data that Mitchells & Butlers (M&B) will eventually be able to generate from the roll out of its new £33m IT system could prove to be a game changer for the company, according to chief executive Alistair Darby
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NewsFive Guys strengthens pipeline
Five Guys, the popular US burger chain, has lined up a further three openings of for the start of next year, as it looks to open up to 30 new sites in the UK over the next 12 months
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NewsBillingham: Restructure talks have been "lively"
Punch Taverns executive chairman Stephen Billingham has told M&C Report that discussions with different parties over its debt restructure negotiations have been “lively” and said it’s “good news” that all stakeholders are involved
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NewsSermon eyes US expansion for Vapiano
Phil Sermon, managing director of Vapiano UK and the newly-appointed chief executive of the brand’s American business, will target expansion in the US with a focus on the Eastern Seaboard and the Midwest, he told M&C Report.
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Beannchor identifies growth concepts
Beannchor, the Northern Ireland-based leisure and hospitality group, has identified its “dive bar” format Cuckcoo and its Little Wing Pizzeria brand as growth concepts for expansion in the province and elsewhere in the UK and Ireland, M&C Report has learnt
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UK rollout planned for Yam Yam To Go
Bakerstreet Holdings, the Dutch owner of the Yam Yam To Go pan-Asian takeaway concept, hopes to expand the brand to between 10 and 20 outlets in the UK over the next three years, chief executive Henri Froeling has told M&C Report
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NewsStarbucks has four major growth opportunities
Analysts in the US have highlighted four major growth opportunities for Starbucks based on a presentation by global coffee chain’s executives, with the majority not directly involving its signature product
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NewsMarston's sells £90m portfolio for alternative uses
Marston’s, the brewer and pub operator, has announced that it has disposed of 202 pubs for £90m to NewRiver Retail Limited, a specialist REIT focused on the UK food and value retail sector, which intends to convert the portfolio to alternative uses
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Job centres 'let down industry'
Perceptions Group vice-chair Anthony Pender says he is “appalled” by the lack of promotion of hospitality jobs from careers advisors after a dozen industry employees carried out mystery visits at Jobcentre Plus outlets
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OpinionGrowing from solid foundations
Earlier this month, Punch Taverns was named Business Enabler of the Year at the National Business Awards its Foundation Tenancy (PFT) lease agreement. Giles Kendall, operations director for Punch and project leader, talks about the develop of the agreement, the challenges the company faced incorporating it and how it has fundamentally changed the way Punch works with its licensees
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Jack: Marston's disposals mean long term earnings growth
Leading analyst Douglas Jack says he believes Marston’s repositioning of its pub estate should allow it to generate double-digit earnings growth over the long-term, although increased disposal activity led him to cut his pre-tax profit forecast for 2014 and 2015
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Creams Cafe outlines target cities
Creams Cafe, the dessert cafe operator, has outlined its target cities as it looks to grow to 40 UK sites by the end of next year
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NewsMarston's sells 202 pubs for £90m
Marston’s, the brewer and pub operator, has announced that it has disposed of 202 pubs for £90m to NewRiver Retail Limited, a specialist REIT focused on the UK food and value retail sector
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Stansted looks to ramp up F&B offer
Stansted Airport has issued a series of tenders for its major food & beverage concessions, as part of the £80m project by owners MAG (Manchester Airports Group) to transform its main terminal building
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Domino’s launches new consumer blog
Domino’s Pizza has launched a new consumer blog to house content around its brand, activities and promotions
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Traditional pubs need new definition in planning regs
The English planning system should create a new usage class for traditional pubs, since young people drink in a more restrained and responsible manner there, according to a new report published in Planning Theory & Practice