All MCA Insight articles in September 2014 – Page 17
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Analysis & Insight
Young adults turn to real ale
Over one third of 18 to 24 year-olds have tried real ale and of those, 87% would drink it again, according to new research from the Campaign for Real Ale
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News
Former BK president joins Domino’s board
Kevin Higgins, former president of Burger King Holdings Inc. Europe, Middle East & Africa (EMEA), has joined the board of Domino’s Pizza Group
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News
No Saints owed £2.6m at collapse
No Saints, the nightclub group headed by Stephen Thomas, collapsed owing creditors £2.6m, according to a new report from its administrator FRP Advisory
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News
Dark Star Foundation seeks worthy causes
The Dark Star Brewery, the Sussex brewer is seeking worthy causes to support via its Dark Star Foundation.
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NewsNew Inventive Bar Co relaunches cocktail masterclasses
The New Inventive Bar Company has relaunched its cocktail masterclass programme for its Revolution brand, which the group said currently has annual sales of £3.9m and attracts 150,000 customers a year
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News
Pint Shop signs up to Tax Equality Day
Pint Shop, the Cambridge-based British meat and beer concept, is the latest operator to sign up to Tax Equality Day on 24 September
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Analysis & InsightIndependence 'could lift Scottish foodservice sector'
Independence could stimulate growth in the Scottish foodservice sector, according to Horizons
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News
Jack moves Greene King from Buy to Add
Leading analyst Douglas Jack has downgraded his recommendation for Greene King from Buy to Add and cut forecasts by 3% as the brewer reduces its reliance on tenanted pubs in what Jack called a year of “limited growth”
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NewsMP eyes new law on hospitality staff tips
An MP has proposed a change in the law to stop employers reaping the benefits of staff tips in the leisure, hospitality and service sectors
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NewsGaucho lines up Far East opening
Gaucho Holdings will open its first Asian outpost in the heart of Hong Kong in mid-October
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NewsBurger & Lobster to ramp up regional expansion
Burger & Lobster, the London-based group, is to ramp up its regional expansion over the next 12 months, after securing a site in Cardiff
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NewsCosta has "lots to do" to reach openings target
Costa has seen more closures than it expected this year which has left the task to reach 300 net new store openings this year more challenging, said Andy Harrison chief executive at Whitbread
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NewsZonal FY revenue expected to top £50m
Zonal, the electronic point of sale (EPOS) supplier to the hospitality and leisure sector, expects full-year turnover to grow from £41.3m to £52m in the year to 30 June 2014 as the group expands its operations and continues to innovate
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News
MOJO plans to extend beyond heartland
Three-strong bar group MOJO has announced plans to extend to at least 10 sites with its sights initially set on London after securing £700,000 of funding from HSBC
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NewsBill’s secures Villagio site
Bill’s has secured the Richoux Group’s Villagio site in Berkhamsted, as it closes in on having in excess of 50 sites open by the end of the year
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Analysis & Insight
Leisure vacancy rates grow
Vacancy rates for leisure outlets in Britain increased slightly between July and August while shop vacancies declined over the same period, new figures show
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NewsMcDonald's: UK 'positive' amid global decline
McDonald’s says a “positive” performance in the UK helped to offset weakness in Russia, as comparable sales across Europe fell 0.7% in August
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News
Liberation Group to develop former hotel
Liberation Group, the Jersey-based pub and drinks business, is to open a new bar and restaurant at a former hotel
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News
TwoRuba launches at Hilton Tower Bridge
TwoRuba, a new cocktail bar, is opening at Hilton London Tower Bridge this September as a bar and lounge
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News
Rita's to open cocktail bar
Rita’s Bar and Dining, the highly-regarded pop-up venture, is to open a cocktail bar underneath its first permanent restaurant in London’s Hackney