All MCA Insight articles in September 2014 – Page 2
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News
Rick Stein set for Porthleven
Rick Stein, the high-profile chef, is understood to be opening a restaurant in Porthleven, Cornwall where he already has restaurants in Falmouth, Padstow and St Merryn
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News
Hache Burger secures fifth site
Hache Burger, the family-run gourmet burger concept, is to open its fifth site in London, after securing a unit in Balham
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News
Fulham Shore to acquire Real Greek, to seek AIM listing
Fulham Shore, the David Page-led investment vehicle has announced it has conditionally agreed to acquire Kefi Ltd, the owner of The Real Greek restaurant group, for £13.9m
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News
CAMRA appoints new chief executive
Tim Page, the former chief executive of the East Anglian Air Ambulance and national director of homeless charity Emmaus UK, will take up the £75,000-a-year position on 1 November
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News
B&L secures ex-Orchid site
Burger & Lobster, the London-based group, has secured a former Orchid Pub Company site in the City
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News
Natwest and RBS launch 'business accelerator hubs'
Natwest and RBS have announced the launch of eight new “business accelerator hubs” to offer mentoring to businesses, including the chance to win “growth awards”
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News
City Pub Co eyes further £5m-£10m fundraising
City Pub Company, the Enterprise Investment Scheme (EIS)-funded group, plans to raise a further £5m to £10m through the issuing of convertible preference shares as it targets an estate of 25 to 30 pubs
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Opinion
Talent spotting
Over the next 18 months the industry is set to experience a sustained level of M&A activity, including a number of big ticket deals, but it is mining for “investment gold” at the other end of the business lifecycle that is increasingly moving to the top of the agenda for sector investors in the rush for the next big thing
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News
Compass expects FY growth of 4%
Compass Group, the global contract caterer, said that it anticipates full-year organic revenue growth of 4%
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News
New York-based group secures UK debut site
The Church Group, the New York-based independent bar and restaurant operator, has secured its debut UK site in London’s Farringdon
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News
Here For You Hospitality pubs had a 'poor year'
Here For You Hospitality, the parent of Yard Glass Pub Company that also operates hotels and fitness clubs, saw pre-tax profits rise from £456,851 to £613,855 in 2013 although its pubs had a “poor year”
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News
Rick Stein's restaurant business posts sharp rise in profits
The restaurant and dining business of high-profile chef Rick Stein has reported a sharp rise in profits for 2013 as margins improved and wage costs fell, while profits are ahead of budget by £60,000 for the first 21 weeks of 2014
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News
Oakman takes free-of-tie Punch lease
Oakman Inns and Restaurants, the operator led by Peter Borg-Neal, has secured its 11th site, taking the free-of-tie lease of Punch Taverns’ White Hart in Ampthill, Bedfordshire
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News
Osmond completes £37m Strada acquisition
Tragus is to embark on its next stage of growth after completing the £37m sale of Strada to Hugh Osmond’s Sun Capital Partners vehicle
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News
KFC on the “path to 24-hour trading”
KFC is “on the path to 24-hour trading” and is looking to grow its menu to attract customers through all day parts
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News
Spirit storms ahead of M&C20
This week has been one of the most interesting weeks for a while on the M&C20 index which fell 1.9% to 1,203 points, outperforming the All Share Index which fell 3.4% to 1,030 points
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News
Sfilatino plans 25 London sites
Sfilatino, a new all-day Italian fast casual concept is opening its first UK site in Selfridges in October as part of plans to open 20 – 25 London stores in the next four to five years, M&C Report has learnt
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News
HoF and Caffe Nero in click and collect trial
Department store retailer House of Fraser (HoF) is launching a click-and-collect service as part of a trial with Caffè Nero
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Analysis & Insight
McDonald’s secures West End site
McDonald’s, the fast food behemoth, has secured a prominent site in London’s West End
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News
Omnino outlines expansion plans
Omnino, the Latin grill restaurant concept launched by the co-founder of the Bull Steak Expert, has received interest to expand in the UK and US