All MCA Insight articles in October 2014 – Page 24
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News
Friska secures new funding
Friska, the Bristol-based healthy fast food concept, has confirmed it has secured new funding as it eyes national and international rollout plans
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NewsLuminar appoints Thorndycraft
Nightclub operator Luminar has appointed Jason Thorndycraft, formerly of Novus and Drake & Morgan, as its new operations director
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NewsHarry Ramsden’s to open 140 sites over 10 years
Harry Ramsden’s, the iconic fish & chip shop chain, says it has agreements in place to open 140 sites over the next 10 years
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News
Operators sought for Golfrate portfolio
Golfrate, the property management company, is seeking operators for five pub sites located in south and north London
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OpinionComing full circle
After more than 11 years writing about the pub industry, M&C Report’s departing deputy editor John Harrington presents his valedictory on a sector that has been through the mill and come out stronger the other side
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NewsEd’s increases banking facility
Ed’s Easy Diner, the Andrew Guy-led chain, has secured a £9.5m increase to its existing bank facilities, which it said puts in place the funding to take the brand up to 50 sites by the end of 2015.
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NewsHumphreys named SIBA non-exec
Robert Humphreys, the former honorary secretary of the All Party Parliamentary Beer Group, has been appointed as a non-executive director at the Society of Independent Brewers (SIBA)
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News
G1 buys five sites, FY EBITDA grows 5.5%
Scottish hospitality operator G1 Group has announced that it has bought five new restaurants - and said acquisition activity is ‘picking up’ - as it reported a 5.5% rise in EBITDA to £17.2m in the year to 31 March 2014
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News
Wellington FY PBT grows 39.9%
Wellington Pub Company, the free-of-tie leased pub group, has reported a 39.9% rise in pre-tax profits to £9.4m in the year to 31 March despite turnover dipping 1.4% to £26.8m
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NewsHeineken UK FY sales pass £2bn
Heineken UK, the UK arm of the global brewing giant, saw turnover grow from £1.5bn to £2.1bn in 2013
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Analysis & InsightVintage in the mix
If you think you’ve seen it all, then the chances are you probably have done. Everyone is looking backwards to look forwards, and nowhere is that more prevalent than in the new vogue for vintage cocktails, argues Jessica Mason
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NewsGreene King 'can justify expected price for Spirit'
Greene King is likely to have to offer between 110p and 120p per share for Spirit Pub Company, an amount that can be justified from a multiple of earnings perspective, according to leading analyst Nick Batram
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NewsHache reveals UK and overseas expansion aims
Hache Burger, the family-run gourmet burger concept, is targeting up to five openings per year and possibly a launch in France or even the US, co-founder Berry Casey has told M&C Report
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NewsNew pub on wheels venture launched
Pubs On Wheels (POW), a new venture in which Cirrus Inns has taken a majority stake, has been launched with plans to grow to 20 vehicles over the next five years
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NewsHarvester rolls out unlimited breakfast offer
Mitchells & Butlers (M&B) has rolled out its unlimited breakfast offer across its entire c200-strong Harvester estate
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NewsVapiano closes in on new sites
Vapiano, the Italian fresh casual dining group, is closing in on more UK acquisitions, M&C Report has learnt
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NewsFive Guys completes Soho flagship deal
Five Guys, the popular US burger chain, is to open a further flagship site in London, after completing the acquisition of a site just off Oxford Street.
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NewsPrezzo bid has little impact on share price
The M&C20 was down 1.6% to 1,187 points this week, outperforming the All-Share Index which was down 1.9% to 1,010 points, Will Brumby of Langton Capital reports
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News
Frae eyes franchise route for growth
Frae, the frozen yogurt concept, is planning to open 15 sites in the next three years through a franchise model and company owned stores, M&C Report has learnt
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News
Everards and Next agree brewery development plan
Leicestershire brewer and pub operator Everards has announced an agreement with retailer Next to jointly promote the land currently occupied by its brewery for retail development