All MCA Insight articles in October 2013 – Page 13
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News
Stonegate targets pre-booked sales with new role
Stonegate Pub Company has put plans in place to boost pre-booked sales across its businesses with the appointment of Alex Griem in the newly created role of head of pre-booked sales
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News
Business rates increase could cost sector £58m
Following the Office for National Statistics’ announcement earlier this week of RPI of 3.2% for September 2013, the ALMR believes that the licensed hospitality industry may be hit with an increase in business rates which could cost the sector up to £58m.
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News
Revere lines up next two sites
Revere Pub Company has announced that the White Lion in Tenterden, Kent, and The Florentine in Fulwood, Sheffield, will be become its seventh and eighth sites respectively when they both open next month
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News
Admiral: 130 licensees complete e-learning
Admiral Taverns, the tenanted and leased pub company, says 130 of its licensees have now successfully completed training through its new e-learning programme
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News
People 1st launches manager support programme
Hospitality business employees taking their first step up from team member to manager will now have access to additional support from sector skills council People 1st which has launched its Management 1st training programme
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News
Britvic reports strong Q4
Britvic reported this morning that its full-year profit will come in slightly ahead of its earlier expectations as it reported strong trading for the fourth quarter
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NewsGiraffe to launch KIOSK format
Giraffe, the Tesco-owned restaurant group, will launch a new grab and go brand variant in December, Giraffe KIOSK, in the front square of the newly redeveloped King’s Cross retail space
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NewsPret to dial up coffee offer
Pret A Manger, the Bridgepoint-owned chain, is to increase its investment in its coffee offer over the coming weeks, as its looks to give coffee a similar treatment to its food
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NewsCider boom in the UK will be adopted by US
Cider is following in the footsteps of the craft beer scene and is pioneering a movement that is being adopted in the US, according to cider company Aspall
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NewsGondola delivers strong performance
M&C Report takes a closer look at the full-year update from Gondola Group, the operator of PizzaExpress, Zizzi, ASK and Byron, including its capital structure, international expansion plans, the repositioning of Zizzi, a new FD for ASK, a breakout year for Byron and its feeling that there are early signs of recovery in the broader economy
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NewsTown & Country pubco placed on the market
Town & Country Pub Company, the South East-based pub group led by Desmond Jones, has been placed on the market after being falling into administration
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News
Brew eyes further expansion
Brew Café is in talks to secure two further sites in London by the end of next March, as it looks to gradually increase its presence in the capital
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News
Punch found in breach of code
Punch Taverns has been found in breach of its tenancy code of practice at its first case though the Pubs Independent Conciliation and Arbitration Service (PICA-Service)
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OpinionDefining craft beer
BrewDog founders James Watt and Martin Dickie attempt to draw up a “tangible and solid” definition of the increasingly popular drinks category
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NewsBeds & Bars eyes expansion and new model
Beds & Bars’ new managing director Murray Roberts has identified a number of target cities for new openings and told M&C Report that he expects to expand via joint ventures or franchise
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Analysis & Insight
Average pub rent drops
The average annual pub rent for new leases in England and Wales dropped slightly to £24,368 per annum during the second quarter of 2013, according to the Royal Institution of Chartered Surveyors
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News
Growing confidence represents investment opportunities
A leading analyst has said that growing consumer confidence and an improving sector profile is presenting investment opportunities and names The Restaurant Group aned Greene King as his two conviction plays on relative outperformance versus the rest of the sector
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NewsBurns cuts Marston's EPS forecast
Leading analyst Karl Burns has downgraded his full-year earnings per share estimate for Marston’s by c4% following its interim management statement last week
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NewsPrezzo to open 16 sites before Christmas
The restaurants will be spread across the UK, including Ripon, Preston, Birmingham, Oxford, Gloucester and Trowbridge
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NewsSABMiller UK H1 volumes grow 5%
SABMiller, the global brewer, saw volumes in its UK subsidiary Miller Brands grow 5% in the six months to 30 September, led by its Peroni Nastro Azzurro brand