All MCA Insight articles in November 2018 – Page 8
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News
Simmons Bars secures site in Eastcheap
Simmons Bars has lined up a new site in Eastcheap, in the City, for an opening early next year, MCA has learnt.
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Analysis & Insight
Out-of-home bakery visits up 1% year-on-year, but down since Q2
The number of out-of-home bakery occasions has increased by 1%, to 1.393bn during Q3 2018, on the comparable period in 2017, according to the latest MCA data.
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News
May replaced as Patisserie Valerie CEO
Paul May has stepped down as chief executive of Patisserie Holdings, to be replaced by Stephen Francis, former chief executive of meat producer, Tulip Ltd.
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News
Cedar Dean Group launches investment and development property division
Cedan Dean Group has launched an investment and development division, called Cedar Dean Investments.
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News
Scottish brewer and operator Six Degrees North lines up fifth site
Scottish brewery and taproom operator Six Degrees North is due to open its fifth site in Dundee next month.
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Analysis & Insight
Apprenticeships: Is reform of the levy really the answer?
In his recent Budget statement, Chancellor Philip Hammond confirmed proposed changes to the Apprenticeship Levy, which the government hopes will help boost the dwindling number of sign-ups since its introduction in April 2017. But is reform of the levy really the answer, or should the sector be working better together to boost the profile of hospitality apprenticeships?
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News
KERB confirms Seven Dials Market opening
KERB has confirmed it will be opening its first indoor food hall, in collaboration with Shaftesbury, in Thomas Neal’s Warehouse in Seven Dials, as reported by MCA earlier this month.
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Analysis & Insight
All Bar One increases share of pub visits but JDW remains top
JD Wetherspoon continues to be the dominant pub brand in terms of share of visits but Farmhouse Inns tops the rankings for average customer scores, data from MCA has shown.
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News
Tossed in Co-op link up
Tossed, the healthy eating grab and go concept, has signed a franchise deal with Mid Counties Co-op, which will begin with a site in Oxford, MCA understands.
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News
TRG investors savage Wagamama bid
The Restaurant Group’s bid to acquire Wagamama has come under fresh pressure after two investors said the deal would destroy shareholder value.
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News
Arden to open new concept in the City
Christian Arden, the entrepreneur previously behind Chicago Rib Shack and Cavendish Bars, is set to launch a new concept in the City of London, MCA understands.
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News
Brexit deal ‘seems to address sector concerns’
UKHospitality chief executive Kate Nicholls has said the outline deal between the UK and the European Union on Brexit appears to address the majority of the sector’s concerns.
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News
Cineworld retail income up 7.9%
Cineworld has reported retail income growth of 7.9% in the UK & Ireland in the period 1 January to 11 November.
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Analysis & Insight
Making digital culture add up
Retaining the best staff has always been of the utmost importance to a business and big player Casual Dining Group is no exception. Here, Celia Pronto discusses how Workplace by Facebook has brought staff together across the multi-brand company and helps staff feel part of the business.
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News
Young’s H1 managed lfls up 5.2%
Young’s has reported a 5.2% rise in like-for-like sales (lfls) in its managed estate for the 26 weeks to 1 October, with total revenue up 8.8% to £156.8m along with a 4.7% increase in adjusted EBITDA to a half-year record of £40.4m.
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Opinion
Killer concept hits the bullseye
Flight Club is fusing technology, food and beverage and the unstoppable rise of the experiential to create a concept that can be rolled out across the country, and even the globe. Mel Flaherty meets co-founder Steve Moore to discuss the art of the oche.
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News
Tim Hortons to focus on company-managed sites for expansion
Tim Hortons is to focus on expanding through company-managed stores, with the support of sub-franchisees, MCA has learnt.
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News
Davy’s to counter pressure on margins with additional investment
Davy’s is to continue to invest in its wine bar and restaurant business next year as pressure on margins increases, MCA has learnt. It follows an estimated £1.5m in capex for 2018, with £750k earmarked for 2019.
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News
Thwaites attacks 'politically induced' trade challenges
Thwaites, the Lancashire-based brewer and pub operator, has reported half year like for like turnover growth of 5% in its tenanted pubs, following the hot summer and World Cup run.
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News
The Italian Job to launch Holloway street food market
The team behind The Italian Job pub concept is launching a new street food market in Holloway.