All MCA Insight articles in November 2013 – Page 4
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News
PIRRS 'made more transparent'
The Pub Governing Body (PGB) has amended the Pubs Independent Rent Review Scheme (PIRRS), which examines pub rent levels, to make the system “more transparent”
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Call for pub rates burden to be eased
Readers of Publican’s Morning Advertiser, M&C Report’ssister title, are demanding that the Government takes action to reduce the burden of business rates on their pubs, and simplify the system
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Punch reiterates Sell and TP for Punch
Leading analyst Simon French has reiterated his Sell recommendation and 7p Target Price for Punch Taverns after its “slightly better than expected” trading update
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French raises M&B Target Price
Leading analyst Simon French has reiterated his Sell recommendation for Mitchell’s & Butlers (M&B) but increased his target price from 301p to 365p, saying the company is “potentially a compelling turnaround story”
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Murchison vehicle folds
Alan Murchison Restaurants Ltd, which operated the Michelin-starred L’Ortolan restaurant in Berkshire, has been put into voluntary liquidation after running up debts of almost half a million pounds
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Sermon named CEO of Vapiano US
Phil Sermon, managing director of Vapiano UK, the Italian fresh casual dining concept, has been appointed as chief executive of Vapiano in the USA
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VAT and loss making sites impact West Cornwall
West Cornwall Pasty Company, the Gresham-backed retailer, has reported a decline in full-year turnover and a widening in pre-tax losses
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Leon: Offer better than ever
Leon has said that its offer is “better than ever” and that its recent opening in More London is the closest it has yet come to achieving its dream of creating “fast food as it might be in heaven”
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Bodean’s returns to the expansion trail
Bodean’s, the London-based barbecue smokehouse concept, will return to the expansion trail at the start of next year after securing its fifth site in the capital in Balham
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PizzaExpress wins family friendly award
PizzaExpress has been awarded GOLD at this year’s Mumsnet Family Friendly Awards, which were presented by Deputy Prime Minster, Nick Clegg, on Monday evening
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Roosters builds pipeline
Roosters Peri Peri, the chicken-led fast-casual and takeaway concept, is to continue its expansion in the UK after securing a further four sites for openings over the next two month
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Carluccio’s lines up Bracknell opening
Carluccio’s has secured a unit at the Bracknell Regeneration Partnership scheme, the joint venture between Legal & General Property and Schroder Property
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Ri Ra eyes Ireland expansion
Ri Ra, the chain of US-based Irish pubs led by David Kelly and Ciaran Sheehan, is planning to launch an estate of pubs in Ireland, after securing its first site in Dublin
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Illy to open West End flagship site
Espressamente Illy, the Italian coffee maker, has agreed to open a flagship standalone cafe in London’s West End
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Honest Burgers secures sixth site
Honest Burgers, the London-based concept led by ex-Cote operations director Dorian Waite, has secured its sixth site in the capital, near Oxford Circus, M&C Report understands
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Food & Fuel to open café bar
Food & Fuel, the operator of London-based gastropubs and bars headed by former Spirit boss Karen Jones, is to open a new café bar in Ealing at the start of next year, M&C Report understands
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News
Mobile restaurant searches growing in importance
Half of people who search for restaurants on-line via mobiles won’t use any other device for the searches, according to a new study that shows the growing importance of mobiles in restaurant research
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News
City Pub Co secures Newmarket pub
City Pub Company, the Enterprise Investment Scheme (EIS)-funded operator, has added to its estate with the acquisition of the Three Blackbirds in Newmarket, Suffolk
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Operators warned about “butterfly effect” of disruptive consumer
The retail and consumer goods industry must reevaluate its approach to its supply chains and logistics to survive the “butterfly effect” of disruptive consumers