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All MCA Insight articles in September 2013 – Page 3
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NewsFive Guys eyes Lakeside unit
Five Guys, which launched its second UK site yesterday in Reading, is understood to be in talks to take a site at Lakeside Shopping Centre in Essex
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News
Pernod Ricard to focus on UK on-trade
The boss of Pernod Ricard UK (PRUK) has said the company will be concentrating its efforts on the UK on-trade over the next 18-months to two years
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NewsJack and French reiterate Hold for Greene King
Leading analysts Douglas Jack and Simon French have reiterated their Hold recommendations for Greene King following its Q1 interim management statement yesterday
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Carluccio’s to make Abu Dhabi debut
Carluccio’s, the all-day Italian café chain led by Simon Kossoff, is set to make its debut in Abu Dhabi before the end of the year
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NewsBurgerFuel eyes UK launch
BurgerFuel, the New Zealand-based gourmet burger concept, is among the latest overseas better burger operator to examine plans to launch in the UK, M&C Report has learnt
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NewsBurns: TRG has new 137 sites under consideration
A leading analyst has said that The Restaurant Group (TRG) management has never been more confident on its new site pipeline and has 137 sites under consideration for 2014-15E
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TCR London reports turnover of £7.2m
TCR London, the company set up to acquire the former assets of Town Centre Restaurants for £3.7m, last June, has reported turnover of £7.2m for its first seven months of trading to 3 February 2013, with EBITDA of £500k
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NewsLoungers reports 7.9% rise in sales
Loungers, the Piper-backed group led by Alex Reilley, has reported a 7.9% increase in like-for-like sales for the first four months of its new financial year (1 May – 31 August), with total net sales for the same period up 62.5% to £10.15m
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Diary
Diary: Loungers, Bill Grimsey, Inventive, Luminar
This week’s Diary includes impressive figures from Loungers, high street recommendations, new concepts in Reading and a German lesson
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Services sector growth continues
Business activity in the services sector grew in August at the sharpest pace since December 2006, according to the latest Services Index from Markit/CIPS
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Japan Centre to open new flagship site
Japan Centre, the London-based restaurant operator and retailer, is to relocate its flagship site from Regent Street to Piccadilly
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Snowflake to launch in Soho
Snowflake, the luxury gelato brand, is to make its debut in London’s West End with an opening in Soho later this month
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Fund launched to help SMEs become more energy efficient
ReEnergise Finance has launched a commercial finance vehicle aimed solely at providing funding solutions for SME businesses in regards to helping them become more energy efficient
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Real China and GK lined up for Cramlington
Greene King and The Real China, the Chinese buffet chain, are lined up to open sites in Cramlington, Northumberland
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Spirit introduces new Fayre & Square menu
Spirit Pub Company has launched a new autumn menu across its 157-strong Fayre & Square brand, which features new deals across its food and drink range
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Sector VAT cut 'would cost up to £12bn'
Cutting VAT to 5% for the sector would cost the Exchequer between £11bn and £12bn per year in lost revenue, according to Government estimates
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Analysis & InsightAn alternative future for the high street
High street policy is still very much in its infancy. Governments of all stripes have failed to get to grips with the big issues facing our high streets for years. And now in a period of deep decline there is an arms race for new ideas, says Bill Grimsey, author of the Grimsey Review into UK High Streets
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News
Newcastle introduces minimum price condition
Newcastle City Council has introduced a minimum unit price condition for all new licences and applications for licence variation across the on and off-trade
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Osmond eyes 'triple-A' investment opportunities
Hugh Osmond, the high-profile investor, has told M&C Report he’d invest “as much as it takes” to grow a small number of “triple-A” leisure operators into national brands