All MCA Insight articles in November 2016 – Page 13
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D&D makes management changes
D&D London has announced a number of changes and new appointments to its board
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Cottons to open Miusan in Camden
Cottons Caribbean owner Chris Singam has announced he is to launch a pan-Asian bar and restaurant concept
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Punch shares learnings on delivery trial and licensed cafe
Punch has said that its trial of delivery from its pubs has established that there is a demand but the case for its profitability remains to be seen.
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St Austell sees Brexit boost
Cornish brewer and pub operator St Austell has said it is already seeing a boom from Brexit and expects staycation income to rise throughout the year.
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The Alchemist lines up triple opening
The Palatine Private Equity-backed The Alchemist has confirmed its next three openings,
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Murdin: We are still learning about Bar + Block
David Murdin, chief operating officer of brand developments for Whitbread Restaurants, has told MCA that the company will continue to take learnings from its next two openings under new format Beefeater Bar + Block
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Carlsberg reports decline in Q3 revenue
Carlsberg has reported a 4% decrease in its net revenue to DKK17.53bn (£2.07bn) for the third quarter of the year
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Shake Shack Q3 sales up 2.9%
Shake Shack has reported that its same-Shack sales were 2.9% for the third quarter of 2016
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Young’s sees managed lfls grow 5.4%
Young’s has announced a series of regional acquisitions and the return to growth of its Geronimo Inns estate.
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M&B places c75-strong package on the market
Mitchells & Butlers (M&B) has placed a c75-strong package of pubs on the market after a review of its estate
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Giraffe paid £8.75m for Ed’s Easy Diner
Giraffe acquired Ed’s Easy Diner, which at one point was valued at c£90m, for just £8.75m
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New opportunities as hotels up F&B offer
Restaurant operators have an opportunity to partner with hoteliers looking to improve their food and drink offer in response to consumer and high street trends, MCA analysis reveals.
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Creams sets out growth strategy
Dessert parlour group Creams Café has revealed a 2017 pipeline of 35 new stores with an eventual target of 250,
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Punch: Retail contracts; investment; excess land and pubs code
MCA speaks to Punch chief executive Duncan Garrood on the back of the group’s financial results for the year to 20 August.
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Curry Leaf Cafe secures new site
Curry Leaf Café, the Brighton based Indian restaurant group, is opening a third site, which will feature a more flexible food offer and a takeaway kitchen, MCA has learnt.
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McVeigh: MK boosted confidence Draft House can succeed outside London
Charlie McVeigh has told MCA that the new Draft House in Milton Keynes, the company’s first site outside London, enjoyed the highest ever sales in the group in its first two weeks of trading
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Bonnie Gull confirmed for Soho
Seafood restaurant business Bonnie Gull has confirmed it will open a second site in London’s Soho next month
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Cote appoints people director
Cote, the BC Partners-backed group, has appointed Ruth Jackson, formerly of Whitbread, as its new people director
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New all-day site for Joffe-led group
Laurel Canyon Ventures, the restaurant group which owns Monkeynuts, Chooks and Chez Bob, is opening an all-day café under the Bobs brand and closing in on new funding, MCA has learnt.
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Town & Country Inns estate sold
Midlands-based Town & Country Inns has been sold out of administration with four of its five sites to continue trading.