All MCA Insight articles in October 2018 – Page 9
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Analysis & Insight
Don’t miss the point
What a week. From the revelations at Patisserie Holdings, the ongoing and sad fallout surrounding food labelling and Pret A Manger, to the administration of two further sector companies, it was seven days that again put the sector on the front pages/in national news updates and front of mind in the public consciousness, sadly for the wrong reasons. It was particular frustrating, argues Mark Wingett, as at the same time, some positive strides were being made communicating what the industry contributes and the good it does.
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Analysis & Insight
In other news
Whilst last week’s news was dominated by the fast-moving story at Patisserie Holdings, the last month has shone a light on a number of other companies in the sector, which are faced with their own issues and questions about their future. Mark Wingett gives his thoughts on the Coaching Inn Group; TGI Fridays; Five Guys; The Restaurant Group (TRG); and Gordon Ramsay.
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Analysis & Insight
Sector lfls up 1.1% in September
September brought a 1.9% rise in like-for-like sales (lfls) across the UK’s managed pub sector but a 0.2% dip year-on-year for restaurant companies, according to the latest data.
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News
JinLi and Modern Shanghai to open in Central Cross
Shaftesbury has announced the first two restaurants to sign as part of Central Cross, a 48,000 sq ft mixed-use development at the eastern gateway to Chinatown London.
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News
Burning Night Group estate brought to market
The administrators of the Burning Night Group have officially put the estate on the market.
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News
Paul May steps down from TRG board
Paul May, the chief executive of Patisserie Holdings, is to leave his role as a non-executive director at The Restaurant Group with immediate effect.
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News
D&D lfls up 4% YTD
D&D London has seen like-for-like sales rise 4% in the year to date, with the current financial year “a different story” for the business.
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News
Antic brings 11 sites to market
Antic London and Downing LLP have brought a package of 11 pubs, out of a total estate of 48, to the market through Fleurets.
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News
Rarebreed launching third site in Reading
Rarebreed Dining, the Havisham Group-backed gastropub operator, is to launch a third site, The Corn Stores, in Reading.
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News
McGowan departs TRG in restructure
The Restaurant Group has confirmed to MCA that Murray McGowan has left his role as managing director of its Leisure division.
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News
Sulkin made CEO of Dirty Bones
Dirty Bones co-founder Cokey Sulkin has been promoted to chief executive of the brand, MCA understands.
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News
The Cat’s Pyjamas bought out of administration by founder's partner
The Cat’s Pyjamas, the Leeds-based Indian kitchen and craft beer concept, has been bought out of administration enabling all five sites to remain open.
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News
Patisserie Holdings raises £15.7m through Placing
Patisserie Holdings has raised £15.7m through a share placing and secured a further £10m loan from chairman Luke Johnson.
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Analysis & Insight
The street food operators innovating for the meatless market
As Kerb launches its first meat-free market, MCA’s sister title, Food Spark, talks to traders about the dishes that are exciting consumers.
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News
St Austell eyes growth through “conscious innovation”
St Austell retail director Steve Worrall has told MCA that the family brewer is keen to ramp up its acquisition strategy in 2019 as it seeks to fill in the gaps between its Cornwall/Devon heartland and its investments around Bath.
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News
Thornbridge & Co confirm York opening
Thornbridge and Pivovar have confirmed that the second site for their joint venture will open in York in December.
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News
City Pub Group to launch Brighton Beach Club
City Pub Group, the listed owner of 43 sites, is to re-launch the Alfresco restaurant in Brighton in December under a new format.
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News
New guidelines set to impose calorie caps on some dishes
Public Health England is set to unveil new guidelines that would set a calorie cap for certain dishes. The recommendations, revealed by The Times this morning, would see the limit for a pie set at 695 calories and pizzas at 928 calories. The paper points out that this limit would ...
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News
Bao takes on former Feng Sushi for third site
Bao, the Taiwanese street food concept, has secured the former Feng Sushi site in Borough for its third opening.
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News
BBPA announces annual award winners
St Austell Brewery, Joseph Holt, SA Brain, Molson Coors and Ian Payne were among the winners at this year’s British Beer & Pub Association (BBPA) Annual Awards.