All MCA Insight articles in September 2013 – Page 17
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Analysis & Insight
UK cocktail boom 'under-estimated'
The number of on-trade outlets serving cocktails will increase by one third from 30,000 to 40,000 by 2017, according to a new report from drinks distributor Cellar Trends that says the size of the UK cocktail boom is under-estimated
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NewsKFC launches first graduate programme
KFC is to launch its first ever Graduate programme - the ‘Operations Leadership scheme’ – this month, which will see a total of 10 successful graduates join a fast track 12-month learning and development programme that will culminate in them running a million pound business within just a year
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OpinionEvolution of Revolution
Mark McQuater, who was this year appointed chief executive of Inventive Leisure, explains his nine-point plan for evolving the Revolution bar chain
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Opinion
Franco Manca eyes West End site
Franco Manca, the pizza chain led by David Page, the former chief executive of Pizza Express, and Italian chef Giuseppe Mascoli, is understood to be in talks to secure a site in London’s West End
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News
King steps down from M&B
Simon King has stepped down as retail director of Browns after 27 years with parent company Mitchells & Butlers (M&B), M&C Report has learnt
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News
Rodizio Rico to launch Lebanese concept
Rodizio Rico, the London-based Brazilian restaurant operator, is to launch a new Lebanese concept at its site in Fulham, M&C Report understands
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NewsGreene King to launch 'innovation brewhouse'
Greene King is to open a £750,000 “innovation brewhouse” at its Bury St Edmunds brewery for experimenting with different craft beer styles
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News
Kua ‘Aina secures funding for second site
Kua ‘Aina, the Hawaiian burger and grilled sandwich concept, has completed a second round of fundraising to secure a second UK site, co-founder Ed Bardos has told M&C Report
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Analysis & Insight
High street vacancy rates remain high
High street vacancy rates across have hardly changed this year and remain “stubbornly high”, although restaurants, bars and cafes are among the most common changes of use for vacant shops, new research shows
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News
Yellowhammer closes flagship London site
Yellowhammer, the troubled bar operator, has closed its high-profile Sports Cafe site in Haymarket, central London
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News
TLC secures Cambscuisine site
TLC Inns is to open its seventh site, after acquiring the Boasthouse in Ely, Cambridgeshire, for Cambscuisine, for an undisclosed sum
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Analysis & InsightConsumers opt for coffee over desserts in pubs
More than a quarter (27%) of consumers opt for a coffee over dessert when dining out, new research says
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NewsSteve Hill to take helm at Las Iguanas
Steve Hill, former chief executive of Wagamama, is to take over the running of Las Iguanas, the Bowmark Capital-backed chain, from co-founder Eren Ali at the start of next year, as the restaurant and bar group enters a key stage in its development
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News
Harris + Hoole trials alcohol offer
Harris + Hoole, the fast-growing “artisan-style” coffee chain part-owned by Tesco, has been given licensing approval for two of its sites as part of a trial
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NewsTortilla gears up for next stage of growth
Tortilla, the Quilvest-backed fast casual Mexican chain, has secured another seven sites both inside and outside London, which it hopes to bring online over the next 12 months, including four that will open before the end of the year, M&C Report understands
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NewsHarvey Nichols food hall pop-up returns
Grosvenor and Harvey Nichols have today announced that the luxury Harvey Nichols pop-up Foodmarket is to return to Liverpool ONE for a third consecutive time
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News
Smiths secures £2.25m bank facility
Smiths of Smithfield has secured a £2.25m bank facility from Barclays to aid the launch of its new all-day dining concept called SMITHS on the site of the former The Luxe unit in London’s Spitalfields Market
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OpinionThe IT crowd
The opening last week of the Richard Caring-backed Grillshack, complete with apps that enable diners to order and pay for food and drinks on their smartphone, highlights that a technological dam is about to break for the UK’s eating and drinking-out industry
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NewsFY EBITDA up 47% at Be At One; agrees new bank funding
Be At One, the Piper-backed cocktail bar chain, has reported a 47% rise in EBITDA to £1.6m for the year 31 March 2013, against record sales of £11.6m, up 23% on the previous year
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NewsPing Pong to refocus on the UK
Ping Pong is to return to focusing its efforts on expanding its estate in the UK after the international-led growth strategy previously put in place by former chief executive Paul Sarlas.