All MCA Insight articles in November 2014 – Page 6
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News
Aldi tours UK with pop-up restaurants
Value supermarket chain Aldi is opening a series of pop-up restaurants in the run up to Christmas with high-profile chef Jean-Christophe Novelli
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News
Legal challenge against MRO in pubs code 'would fail'
There is no scope for a legal challenge against the market rent only clause in the pubs code, a leading competition lawyer has claimed.
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News
Laine Pub Co to open new Brighton pub in early 2015
The delayed conversion of the former Life nightclub site on Brighton seafront into a pub is due to be completed early next year, Laine Pub Company chief executive Gavin George has told M&C Report.
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News
City Pub Co team to launch new £100m fund
The team behind Capital Pub Company and City Pub Company is launching a new EIS fund, The City Pub EIS Fund, with the aim of investing £100m over the next three years in managed pubs
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News
Northerners spend 10% less on a night out
Northerners can expect to pay around 10% less on a night out with friends than southerners, according to new research
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News
Footfall up at Woking scheme
Woking Shopping has seen footfall climb 9.9%, year on year, helped by the hosting of the town’s Festival of Food and Drink for the second-year running
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News
Acorn Brewery appoints sales executive and eyes expansion
Barnsley based Acorn Brewery has appointed Paul Hicks as sales executive as it eyes expansion and further prominence beyond its Yorkshire heartland.
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News
McMullen and tenants invest £275k in pub revamp
McMullen has completed a £275,000 renovation of the former Ram pub in Hertford, including opening five boutique rooms above the pub.
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News
Poor networks holding back Wi-Fi for hospitality
Small and medium sized businesses in the hospitality sector are failing to offer effective wifi for customers despite recent figures suggesting 82% believe the technology keeps them competitive in the sector
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News
Blackstone rejects £2bn Center Parcs takeover bid
Blackstone, the owner of Center Parcs has rebuffed a £2bn takeover bid for the leisure resort operator, according to Sky News
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News
Collyer: Pubcos can benefit from end of beer tie
Geof Collyer of Deutsche Bank has predicted Enterprise Inns converting a third of its estate into a Real Estate Investment Trust (REIT) would add an extra 50p to its share price alone.
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Opinion
The real prescription for a healthy pub
Breaking the beer tie means less investment, more pub closures and a vicious cycle of decline, not a virtuous circle of growth, argues David Forde, UK managing director of Heineken
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News
Eclectic slashes growth plans after poor Q2
Eclectic, the listed bar group, is cutting its growth aspirations for the current year after a “difficult” second quarter.
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News
M&B FY lfls up 0.6%
Mitchells & Butlers (M&B) has this morning reported a 0.6% increase in like-for-like sales for the 52 weeks to 27 September 2014, while total revenue climbed 4% to £1.97bn
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News
FY EBITDA up 3.8% at Admiral
Admiral Taverns, the tenanted pub operator, has reported a 3.8% increase in underlying EBITDA to £21.5m for the year to 31 May 2014
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Analysis & Insight
Research shows potential for growth in post-work spirits
New research has shown that pubs and bars could maximise profits by capitalising on latent demand for spirit-based drinks in the early evening.
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News
Taylor St Baristas raises £500k in three weeks with coffee bond
Taylor St Baristas has revealed its crowd-sourced “coffee bond” has raised over £500,000 from 220 investors in under three weeks.
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Opinion
At your convenience
The UK’s eating out market is in a state of flux. Everybody wants to be part of it, most want to be fast casual. Every piece of research tells us that consumers increasingly want speed of transaction and instant gratification. Who better to meet that need than your new rival, the local convenience store or should that be c-restaurant?
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News
Stonegate portfolio sold for £23.5m
A portfolio of 17 freehold pubs let to Stonegate Pub Company has been sold by PFA Acquisitions to real estate investment company Aprirose for £23.5m