All MCA Insight articles in November 2013 – Page 7
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NewsSearcys up for sale for £25m-£30m
Searcys, the upmarket bar and restaurant operator and caterer, has been put up for sale at a price of £25m to £30m, according to the Sunday Times
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NewsCarlson considers sale of TGI Friday’s
Carlson, the US-based parent company of the TGI Friday’s casual-dining chain, has announced it is undertaking a corporate review of its strategic options, which could include a possible sale of the restaurant brand
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Horler to launch La Sala in the UK
James Horler, the former chief executive of La Tasca and current interim chief executive of Red Hot World Buffet, is planning to launch and roll out La Sala, the famous Spanish restaurant, in the UK
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NewsStrada aims to broaden appeal
Strada is aiming to broaden its appeal through a number of changes to its menu and the design of its restaurants
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Improved margins at M&B to cover-up weak sales growth
A leading analyst has said that improved margins at Mitchells & Butlers (M&B) should help cover-up for weak sales growth in FY’13
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NewsClear winners and losers behind flatlining M&C20
It was an uninspiring week for the equities market, as both the leisure sector and wider share-prices indices ticked down a few points
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H+H targets further growth
Harris + Hoole, the fast-growing “artisan-style” coffee chain part-owned by Tesco, has said it is targeting building a brand that is recognised “within the industry and by our customers as the pre-eminent coffee house on the high street”
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NewsFrench: Marston’s strategy “relatively risky”
A leading analyst has said that he believes Marston’s strategy of accelerating disposals of bottom-end wet-led pubs whilst allocating more capital to new build food-focussed managed pubs remains relatively risky given the step up in industry supply
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NewsYum! reorganises global divisions by brand
Yum! Brands has announced it is reorganising its business to drive brand and geographic focus combining its US and international divisions to align focus on the brands
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Sambucas eyes further growth, overseas opening
Sambucas, the north east-based group led by Dan Miller, is set to further expand across the region and open its first overseas site
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Osteria to open third Enoteca site
Osteria Group, the restaurant and bar business founded by experienced restaurateur Roberto Dora, is looking to add to its London-based estate, after securing a third site Italian wine and deli brand Enoteca Da Luca in the City
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NewsFuller's: Developments, acquisitions, Brewer Street, Frontier
M&C Report takes a closer look at the H1 results for Fuller’s for the 26 weeks to 28 September and talks to Simon Emeny, who became chief executive on 1 July
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Glendola to launch Glasgow concepts
Glendola, the bar and restaurant group, is to launch a new coffee shop concept and steak and burger restaurant in Glasgow before the end of the year
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Bagel Bar Coffee House targets UK
Bagel Bar Coffee House, the Irish bagel chain, is targeting the UK as part of its overseas expansion drive, M&C Report has learnt
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Collyer: premium and destination key at Marston’s
A leading analyst has forecast that full-year group revenue at Marston’s will have increased 4.8% with the top end of its retail division being the major driving factor (+7.9%)
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NewsMayes and Guy join Jimmy’s World board
Industry veterans Colin Mayes and Andrew Guy have both joined the board of Jimmy’s World Kitchen chain, as it gears up for the next stage of growth, M&C Report understands
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Stonegate names Carlsberg its supplier of the year
Stonegate Pub Company, the managed operator, has named Carlsberg UK its Supplier of the Year at its annual supplier conference
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Luminar appeals ASA ruling
Luminar has lodged an appeal against an Advertising Standards Agency ruling which said one of its clubs wrongly targeted a 12-year-old with promotional alcohol offers
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Minister praises sector for job creation
The new minister for sport, tourism and equality has praised the hospitality and tourism sector for its financial contribution to the UK and its “sharp focus” on job generation
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Four ex-Botanic sites sold again
Four of the seven former Botanic Inns pubs bought last month by brothers Seamus and Henry Downey have been sold once more to new owners, according to the Belfast Telegraph