All MCA Insight articles in June 2014 – Page 17
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News
SSP eyes Tube station opportunities
SSP, the travel concessions operator, is in talks with Transport for London to install outlets at underground ticket stations that are soon to be redundant, the Evening Standard reports.
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Analysis & Insight
One in three World Cup viewers choose the pub
One third (32%) of those intending to watch the football World Cup plan to do so in a pub or bar, says new research from Mintel that says retailers will gain around £355m from the tournament
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News
Three ex-Matterhorn nightclubs change hands
Three nightclubs formerly operated by MKAP Leisure Limited have been sold as part of administration proceedings
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NewsChilango raises funds with 'Burrito Bond'
Chilango, the Mexican restaurant group, has launched a mini-bond with fundraising group CrowdCube to raise £1m to expand its estate by three more restaurants this year
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NewsBrewDog: seven more bars for 2014
BrewDog, the Scottish brewer and pub operator, has confirmed plans to open a further seven bars this year and four more BottleDog off-licences
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NewsBankers 'working on debt packages for PizzaExpress sale'
Bankers are working on debt financing packages of up to £600m to back a potential sale of PizzaExpress, according to Reuters
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News
Kua ‘Aina doubles up, eyes more
Kua ‘Aina, the Hawaiian burger and grilled sandwich concept, hopes to open two sites next year as it secures an outlet for its second UK restaurant, co-founder Ed Bardos has told M&C Report
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NewsUK lifts McDonald's in Europe
A “positive” performance in the UK and France helped McDonald’s lift comparable sales in Europe by 0.4% in May, as global comparable sales grew by 0.9%
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News
Ramsay to expand Bread Street Kitchen
High profile chef Gordon Ramsay is to expand his Bread Street Kitchen concept, having secured a former Living Room site in London’s West End for the brand and also announcing a partnership to open across Asia
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News
Statutory code affects Vianet’s profit line
Vianet, the beerflow monitoring company formerly known as Brulines, reported revenue of £18.35m, down from £21m, and pre-tax profit of £1.56m across its portfolio of vending monitoring equipment for the year to 31 March 2014
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News
Companies must change to attract Millennials
Companies must make changes to their organisations now to appeal to ‘Generation Y’ as both potential employees and customers in the future
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News
Amadeus launches Made café concept
Catering company Amadeus is rolling out a new café concept called Made with its first site due to open in Camden later this month
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News
Heineken confirms £126m UK investment
Heineken has confirmed plans to spend a total of £126m in its UK business, including £50m on its Manchester brewery and £58m at its Hereford coder plant
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News
Kamps eyes UK expansion
Kamps, one of the leading bakery and café chains in Germany, plans to reach 10 UK sites over the next three years before a possible expansion outside London, M&C Report’s sister title British Baker reports
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News
Publicans cool on statutory code plan
Readers of M&C Report’s sister title the Publican’s Morning Advertiser have called for the Government to go further in its plans to regulate the pubco/tenant relationship
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NewsALMR rebrands
The Association of Multiple Licensed Retailers (ALMR) has launched a rebrand which it claims reflects a “modern, vibrant” sector
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News
Bitters ’n Twisted FY lfls grow 3%
Bitters ‘n Twisted, the Midland-based pub and restaurant operator, has reported a 12% rise in turnover and growth of 3% in like-for-like sales up to £4.4m, for the year ending 31 August 2013
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News
Commercial property values continue to rise
The value of commercial property in the UK saw the strongest monthly capital growth of 2014 in May when values increased by 1.3%
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News
Manchester's Spinningfields FY revenue tops £50m
Turnover at Spinningfields, the business and retail district in Manchester that includes a number of restaurants and bars, has grown to more than £50m for the first time since it opened in 2007, developer Allied London has reported
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News
Jack raises Fuller's TP after Stable acquisition
Leading analyst Douglas Jack has increased his Target Price for Fuller’s from 1,100p to 1,050p following its acquisition of a 51% stake in cider and pizza restaurant business The Stable