All MCA Insight articles in September 2013 – Page 14
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NewsJDW FY lfls rise 5.8%
JD Wetherspoon, the managed pub operator, has reported a 5.8% rise in like-for-like sales in the year to 28 July, with profits before tax and exceptionals up 6.3% to £76.9m, in what it called a “year of progress”
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Analysis & InsightSignificant growth opportunities remain
Leading analyst and sector investor Mark Brumby takes a closer look at the UK’s eating and drinking-out market. He says that any backsliding in the market is likely to be short-lived (and may indeed be over, particularly with regard to food) and that growth opportunities remain significant
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Stonegate appoints head of purchasing
Stonegate Pub Company, the managed operator, has announced the appointment of Dave Just as head of purchasing
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K10 eyes ramen concept and permanent units
Japanese restaurant K10 is to trial a ramen concept at its Appold Street branch with a view to opening permanent units under a separate brand next year, according M&C Report’s sister title Big Hospitality
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Personal licences could be scrapped
The pub and restaurant trade could see the end of personal licences as the Government launches a consultation into the idea of scrapping them
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NewsDunkin’ Donuts to re-enter UK
Dunkin’ Donuts, one of the world’s leading coffee and baked goods chains, has announced its re-entry into the UK with the signing of its first franchise agreements, which will initially see the development of 50 Dunkin’ Donuts restaurants in Greater London
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NewsPho secures Birmingham site
Pho, the Isis Equity Partners-backed Vietnamese fast-casual concept founded and led by Stephen and Juliette Wall, has secured its third site outside London, in Birmingham, M&C Report understands
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Marston's extends south east reach
Marston’s, the brewer and pub operator, has told M&C Report it has secured planning consent for three more newbuild sites in the south east as it revealed details of its latest newbuild in the region
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NewsPatisserie Valerie rolls out gift card offer
Patisserie Valerie, the Risk Capital Partners-backed chain, has made its first move into the gift card market
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JRC to open one of the UK’s largest restaurants
JRC Global, the operator of the JRC World Buffet chain, has secured a 26,000sq ft site in Watford for what will become its largest site to date
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Analysis & Insight
Retail & leisure space development set to open up
Around 1.5m sq ft of new retail and leisure space is set top come on line this year as the development pipeline opens up, but the UK will not see a return to the levels of store openings until 2016
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Clevely joins Rok Stars
Geronimo Inns co-founder Rupert Clevely has been appointed as a strategic consultant for Rok Stars, the consumer and environmental products development company that owns a number of drinks brands
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Doubts cast over VAT campaign
With just weeks to go until Chancellor George Osborne’s Autumn Statement, fresh doubts have been cast over the effectiveness of the VAT Club and its prospects of securing a tax reduction for the hospitality sector in next year’s Budget
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Gilchrist takes interim Browns role
Mitchells & Butlers (M&B) has promoted Phil Gilchrist to the role of holding retail director for its Browns brand, as it looks for a successor for Simon King, who stepped down last week
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More franchisees sign up to Tiger Bills
Four franchisees have now signed up to open sites with Tiger Bills, the neighbourhood dining concept from Lifestyle Hospitality Group (LHG), and six outlets are expected to have opened by the end of the year, M&C Report has learnt.
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Apostrophe launches first pop-up
Apostrophe, the London-based patisserie café concept, has opened its first pop-up site in Clerkenwell
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PizzaExpress adds to retail range
PizzaExpress has announced that it is adding a new selection of restaurant-quality breads to its retail offer from next month
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Analysis & Insight
187 breweries open in a year
Almost 190 new British microbreweries opened in the last 12 months, showing a 14% growth in the UK, according to the Good Beer Guide 2014
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Glendola takes City site for new concept
Glendola Leisure, the London-based bar and restaurant group, is to open a new concept at the current Door Oyster Bar & Grill on Cornhill in the City
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Heap named Truman's Brewery chair
Malcolm Heap, the founder of the Greene King-owned Realpubs, has been named chairman of the new £1m Truman’s Brewery in East London, The Times reports