All MCA Insight articles in November 2018 – Page 9
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NewsPapa John’s launches mobile app
Papa John’s has launched a new mobile app to support its network of c400 UK franchised stores.
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NewsGovernment rules out changes to alcohol-free description
The British Beer & Pub Association has expressed frustration that the Department of Health has declined to change the descriptors for low and no alcohol products.
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NewsSecond extension for Intu takeover talks
The board of Intu has approved another extension to the deadline for a firm takeover bid from a consortium led by its largest shareholder, John Whittaker, after describing “good progress being made”.
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NewsPizza Hut Restaurants launches first home delivery offer
Pizza Hut Restaurants has started offering home delivery for the first time, MCA understands.
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NewsGreggs extends Deliveroo trial to London
Greggs has extended its partnership with Deliveroo to cover London.
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NewsChipotle to open first UK site for three years
Chipotle, the Mexican grill chain is to open its first UK site for three years, in the City Of London, MCA understands.
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News
Bea’s of Bloomsbury CEO departs
Lisa Brook has left her role as chief executive of London-based all-day café brand Bea’s of Bloomsbury, MCA understands.
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NewsAnand to chair WorldSkills UK
Rooney Anand, who last week announced his decision to step down as Greene King chief executive in April, has been appointed chairman of the UK board of education charity WorldSkills.
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NewsAnalysts corner: Ei Group and M&B
Peel Hunt analysts Douglas Jack and Ivor Jones have given their views on next week’s updates from Ei Group and Mitchells & Butlers. On the former, they say that the disposal of the commercial properties estate and a return to EBITDA growth are likely to be landmarks for 2019. For M&B they expect to see H1’s trend of drink outperforming food, driven by spend per head, being repeated in H2.
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NewsNovember 2018
MCA reflects on the big stories of the past month, including The Restaurant Group’s bid to acquire Wagamama; the decision by long-time Greene King CEO Rooney Anand to step down and GBK becoming the latest sector name to pursue a CVA. Among the profiles this month are the recently appointed chief executive of Gaucho, Martin Williams, on his vision for the future and the first interview with Clive Chesser, who left Greene King to head up Punch in the summer.
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NewsRullo's to open pub in Hackney Wick
Rullo’s, the two-strong Italian restaurant group, is launching a pub, Müller & Briggs, in Hackney Wick.
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Opinion
Analysts corner: Peel Hunt on TRG
Peel Hunt analysts Douglas Jack and Ivor Jones have updated their comments on The Restaurant Group’s bid for Wagamama, saying yesterday’s rights issue announcement failed to address the key issues. They set out some of the questions they believe investors should be asking of the group.
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Analysis & Insight
QSRs, coffee shops and bars capture mobile payment trend
Quick-service-restaurants (11.3%), coffee shops (11%) and bars and pubs (9.25%) are the biggest beneficiaries of the trend towards mobile payment, data from Cardlytics reveals.
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NewsInglenook takes on fourth pub with Star Pubs & Bars
Inglenook Inns & Taverns has taken on its fourth pub with Star Pubs & Bars, which brings its total estate to 15.
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Analysis & InsightLatest immigration stats 'alarming' for sector
The number of non-UK-born workers in the UK decreased by 58,000 between April to June last year and the same period this year, according to HR body CIPD.
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NewsGerman Doner Kebab opens 26th UK store
German Doner Kebab has opened its 26th UK store in Milton Keynes.
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NewsDark Star signs new lease on brewery
Dark Star Brewery, which was acquired by Fuller’s earlier this year has signed a new 10-year lease on its brewery in Partridge Green, Sussex.
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NewsCalls for ban on freakshakes
Public Health England (PHE) has urged the eating out sector to self-regulate when it comes to excessive sugar in milkshakes, following calls from campaign group Action for Sugar for freakshakes to be banned from restaurants and fast food chains.
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NewsWhitbread appoints GK’s Patel in FD role
Hemant Patel, the former finance director for Greene King’s Pub Company, has been appointed finance director for Premier Inn & Restaurants at Whitbread.
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NewsWimpy ramps up home delivery
Wimpy has entered the home delivery market after a series of trials saw an uplift in sales of at around 20% per restaurant.