All MCA Insight articles in September 2013 – Page 6
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News
Pubs minister: KNDL strike 'a disgrace'
Community Pubs Minister Brandon Lewis has criticised the Unite union and the Labour Party for the planned 24-hour strike by workers at Kuehne + Nagel Drinks Logistics
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Analysis & Insight
On-trade sales fall faster by volume than value
On-trade alcohol sales fell 1% by value in the 12 weeks to 13 July despite a 6% drop in volumes, according to CGA figures in a new report that lists malt whisky and liqueurs among the growth categories over the period
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News
McLean Inns secures seventh site
McLean Inns, the family-run pub group, has secured its seventh site, after taking on the Olde Swan Hotel in Chertsey
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News
Preston next for Popworld
Stonegate, the managed operator, is continuing the rollout of its Popworld brand with the conversion of a former Reflex in Preston.
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NewsM&B rises to the top of the M&C20
Mitchells & Butlers has overtaken Greene King to become the company with the highest market capitalisation within the M&C20, following a well-received presentation to city analysts
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NewsSales up 5% at Harry Ramsden’s
Harry Ramsden’s, the Boparan Ventures-owned, iconic fish & chip shop chain, has seen a 5% uplift in like-for-like sales over the last 17 weeks, as it gears up for its next stage of growth
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Analysis & Insight
Two fifths of UK adults skip lunch
More than 40% of UK adults skip lunch at least once a week, with 20% saying they skip lunch at least three times a week, according to a new survey by Canadean Custom Solutions (CCS).
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News
Aparthotels company launches tea concept
Will Hannah and Jason Abbott, who are behind the Blue Rainbow Aparthotels company, a collection of boutique serviced apartments, has launched a new tea shop and café concept called Tea 42
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News
New Hooters UK owner eyes expansion
Chanticleer Holdings, which has entered an agreement to acquire the original Hooters UK site in Nottingham, expects further expansion across the country
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Interviews
Friday five-minute interview
M&C Report talks to Joe Teixeiria, chief executive of Harry Ramsden’s, the Boparan Ventures-owned, iconic fish & chip shop chain, about his best investment, his best business decision and the best piece of advice he’s ever received
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News
H+H strengthens pipeline
Harris + Hoole is understood to be in talks on a further eight sites as it looks to get close to the 30-site mark by the year end
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News
Ramsden’s nears pubs link up
Harry Ramsden’s is closing in on a deal to launch a branded offer into the pub sector, which will feature separate approaches for managed and tenanted estates
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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.
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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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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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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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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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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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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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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