All MCA Insight articles in September 2013 – Page 12
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News
Real China takes Redditch site
Real China, the Chinese buffet chain, has secured a further site in the Midlands and is believed to be close on exchanging on a further two units
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News
Thecentre:mk eyes premium brands
Hermes Real Estate Investment Management has appointed a new agent team for thecentre:mk to spearhead a drive to attract more premium brands to the centre
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News
Aubaine seeks new Manchester site
Aubaine, the French restaurant and patisserie concept, is looking for a new site in Manchester, as its agreement to operate in the city’s Selfridges nears an end
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News
Intu plans £100m Watford redevelopment
Intu has submitted a planning application to redevelop Charter Place and substantially refurbish Intu Watford, which will include a new restaurant hub
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News
'Thousands of outlets' to cut prices on Tax Parity Day
A source close to the campaign to cut VAT for the sector to 5% has estimated that between 10,000 and 15,000 outlets will reduce their prices on the national day of action
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News
Rate relief delay could cost pubs £15m
Failure to extend small business rate relief from April 2014 could cost pubs £15m over the next year, according to the British Beer and Pub Association
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OpinionThe investment case
At four o’clock last Wednesday morning the deal for Cote, which had been nearly a year in the making, finally got over the line. Many had questioned whether it would actually happen, with rumours of a parked process and complications over finding a chairman, but there was always a sense that this was one deal that would go through. So what next for the brand and for the leisure sector as a whole and what further opportunities are on the horizon?
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News
Amber secures new funding
Amber Taverns, the fast-growing operator of wet-led community pubs, is set to acquire another 30 sites after it increased its debt facility with Lloyds Banking Group by £5m to £27.5m
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NewsNorman joins Intertain
Kevin Norman, who stepped down as head of acquisitions at Novus, earlier this month, joins Intertain, the Walkabout brand operator, today, as an acquisitions consultant
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Analysis & Insight
Students driving eating-out market
Students eat out more often than the population of the UK as a whole, with 60% eating out at least weekly, compared to 41% for public as a whole, according the latest Peach BrandTrack consumer survey
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News
Dabbous sets up Barnyard Restaurants
Ollie Dabbous, whose eponymous restaurant won its first Michelin star eight months after opening last year, is believed to have picked the name Barnyard for his mooted second site, which is thought will be located at Somerset House
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NewsPrezzo raises £70,000 for charity
Prezzo, the Jonathan Kaye-led operator, has raised more than £70,000 for charity after taking part at the tri for life 2013 triathlon
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NewsJDW: Expansion, sales mix, tax, staff
M&C Report takes a closer look at the full-year results for JD Wetherspoon and reports from a results presentation featuring chairman Tim Martin, chief executive John Hutson and finance director Kirk Davies
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News
Abokado on track for FY sales of £7m
Abokado, the London-based chain of healthy food bars led by Mark Lilley, is on track to report full year sales of c£7m, as it looks to have an estate of 25 sites by the end of next April
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NewsWhich Wich? targets UK
Which Wich?, the 350-strong American sandwich chain that operates across four countries, is examining plans to enter the UK via franchise with an aim to expand rapidly in Britain, M&C Report has learnt
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NewsRobinsons reveals pub investment targets
Frederic Robinson, the Cheshire-based brewer and pub operator, says it’s on course to spend £3.5m on pub refurbishments in 2013 and has already committed to the same level of investment in 2014
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NewsPubs drive M&C20 outperformance
The M&C20 outperformed the FTSE All-Share index for the sixth week in a row this week, growing 1.4% to 1,200 while the FTSE All-Share could only manage a 0.8% increase to 1,019
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News
Theakstons profits surge; urges PBD review
The North Yorkshire brewer has reported a sharp rise in profits in the year to 31 December 2012 and called for a formal review of the system of tax breaks for smaller brewers
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NewsCanadian coffee giant eyes 300 UK sites
Second Cup, the Canadian coffee shop-meets-casual-dining chain that operates more than 600 sites globally, is to open its first UK outlets and is targeting at least 300 British stores over the next five years, M&C Report has learnt
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NewsMass tweet for pro-pub campaign nears target
It’s Better Down The Pub (IBDP), the national campaign that aims to promote British pubs, is nearing its target of supporters for its mass tweet initiative with four days to go