All MCA Insight articles in September 2018 – Page 10
-
News
Pub People Co reaches 60-site mark
Pub People Co has purchase the freehold of the Greasley Castle pub in Eastwood, Nottingham from Greene King, as it grows its estate to 60.
-
NewsDerkach steps down as EAT chairman
John Derkach, the former chief executive of Tragus Group and managing director of Costa Coffee, has stepped down as chairman of EAT, the food to go chain, MCA understands.
-
NewsBistrot Pierre co-founders take a step back
Robert Beacham and John Whitehead, the co-founders of Bistrot Pierre, the Livingbridge-backed French restaurant group, are to take step back from the business and take on non-executive roles, MCA understands.
-
NewsFlight Club secures £15m of growth funding
Flight Club, the social darts concept, has secured £15m of new growth funding as it looks to further expand its core brand and launch a new concept called Electric Shuffle..
-
NewsB&P completes acquisition of Malvern pub from Wadworth
Brunning & Price, The Restaurant Group-owned pub company, has completed the acquisition of the Plough and Harrow in Worcestershire.
-
NewsDrop in number of licensed venues prompts warning to Government
UKHospitality has reacted to the latest CGA Market Growth Monitor by warning that unless the Government unveils a comprehensive package of support for hospitality businesses at the Budget Statement, the rate of closures will only increase.
-
NewsDeliveroo extends global footprint
Deliveroo has announced it is launching its service in Taipei in the coming weeks meaning it will now operate in 13 markets, in over 500 towns and cities across the world.
-
NewsBurnett promoted at Poppleston Allen
Licensing law firm Poppleston Allen has promoted solicitor Steve Burnett to an associate.
-
NewsTenpin operator sees H1 food lfls rise 9.4%
Ten Entertainment Group, the bowling alley operator, saw a 9.4% increase in like-for-like food sales in the six months to 1 July.
-
OpinionWhy the institutions have an insatiable appetite for pubs
Turmoil in the retail market and the UK pensions crisis have shifted institutional property investment to an alternative sector. Mark Sheehan, of Coffer Corporate Leisure, explains why the public house market is offering stability and how both investors and operators can capitalise
-
NewsKuPP was losing £181k a month
KuPP, the Scandinavian-inspired casual dining chain, went into administration after founder Steve Cox failed to persuade investors in parent company Faucet Inn to inject new capital, according to the administrator’s report.
-
NewsJDW continues Brexit boycott of EU brands
Jagermeister and Courvoisier are among the latest EU brands to be axed by JD Wetherspoon as it continues its pre-Brexit cull of EU products.
-
Opinion
Pizza Hut seeks marginal gains in a heated market
While the restaurant sector was seeing an explosion of growth, Pizza Hut Restaurants remained focused on consolidating and investing in its estate. Chief executive Jens Hofma, who led the management buyout of the business this year, talks to James Wallin about a return to growth, his concerns about the sector’s obsession with like-for-like sales growth over protecting margins and his frustration that responsible operators have been penalised in the CVA era.
-
Analysis & InsightRate of licensed premises closures almost doubles
The rate of decline for the number of licensed premises in Britain has almost doubled since the last edition of the Market Growth Monitor, from CGA and AlixPartners.
-
NewsInn Collection Group acquires first site outside heartland
The Inn Collection Group has acquired its first site outside its north-east heartland – the Waterhead Hotel in The Lake District, for an undisclosed sum.
-
News
TRG appoints SSP’s Ash as brand director
The Restaurant Group has appointed SSP’s Elise Ash as its new brand director.
-
News
Analysts corner: Brumby on delivery
Mark Brumby, of Langton Capital, presents a snapshot of the delivery market in the UK and asks whether the likes of Deliveroo and UberEats are friend or foe of the restaurant trade.
-
NewsBIRD returns to acquisition trail
BIRD, the fried chicken and waffles concept, is to return to the acquisition trail with two sites lined up for the next six months.
-
NewsSSP seeks to evolve in-house brands
SSP UK & Ireland chief executive Simon Smith has told MCA that the group continues to evolve its in-house brands as well as seeking further partnerships with established operators.
-
NewsAnalysts corner: Berenberg on JDW
Berenberg analysts have issued a note ahead of JD Wetherspoon’s full year results announcement this week.