All Operators articles – Page 146
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Analysis & Insight
Operators bringing down exit prices
Operators in the sector are responding to weak customer propensity to trade up by bringing down exit prices
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Opinion
Getting to the core of the Big Apple
Late last month, M&C Allegra Foodservice and Restaurant magazine took 30 leading operators to New York as part of their 72 Hours in… series. Their time was divided between exploring the independent and edgy concept melting pot that is Brooklyn and the more brand-conscious Manhattan. Mark Wingett sahares some of the highlights from the trip.
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News
Sorensen appointment at Center Parcs fuels IPO talk
Vagn Sorensen, the chairman of travel concessions operator SSP, has been announced as the new chairman of Center Parcs, fuelling speculation that the holiday park operator is preparing to float.
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Diary
Diary: Fuller’s; Burger & Lobster; ETI
In this week’s Diary we find out what impact Fuller’s has had on The Stable one year on; get a three-word analysis on the future for tenanted pub operators and find out which part of the country has the most generous diners
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NewsBar Sport in talks for Greene King link-up
Bar Sport, the sports-focussed franchised bar brand, is in negotiations with Greene King over a trial at a site near Nottingham, M&C Report understands. Founder Scott Murray told M&C Report he was in talks with Greene King over converting The Commercial Inn, Beeston, into a bar Sport to be run ...
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NewsIndustry reaction to General Election result
Leading figures in the eating and drinking out sector have given their views to M&C Report on the likely impact of the election result on the industry.
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NewsTCG submits three-year business case to owners
Nigel Wright, chief operating officer of managed pub and bar company TCG, has told M&C Report the company is continuing to keep pace with its rivals despite the disparity in the levels of investment.
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News
Hospitality salaries continue to rise
Salaries across the hospitality industry grew by 1.4% in 2014 with the highest growth in the £30k to £34k bracket, a new report has claimed.
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News
Intu: Continued improvement in retailer demand
Intu has reported continued improvement in retailer demand with 44 new long term leases agreed for £7m new annual rent in the year to date
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Weekend Press
Weekend press round-up 2-4 May
Weekend press round-up 2-4 May Restaurants Las Iguanas circled by private equity firms Las Iguanas, the Latin American dining chain, is being circled by private equity firms in the latest sign of growing investor appetite for restaurant deals. Bowmark Capital, the group’s owner, is understood to be looking ...
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NewsNew trade union launched for late-night sector
Leading lights in the late-night sector have joined forces to launch a new trade union aimed at promoting the positive effects of the industry and seeking to halt encroaching regulation, M&C Report can reveal.
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News
Eckel secures second Forge & Co
Late-night sector veteran Cymon Eckel is to open a second outlet for his restaurant/bar/office space hybrid concept, Forge & Co, M&C Report has learnt.
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NewsBowlplex acquisition will aid TOBC growth, CEO says
Steve Burns, chief executive of The Original Bowling Company (TOBC), has told M&C Report the acquisition of 17-strong Bowlplex will not halt the company’s existing growth plan.
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Analysis & Insight
Are you ready to take off?
Seasoned investors who were once wary of unproven concepts are now beginning to take a chance on new ideas. Here David Roberts of Olswang gives his top tips for getting the funding required to get a new concept off the ground
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News
TOBC lfls up 6%, new concept finalised
The Original Bowling Company, the Electra Partners backed firm, is to open the first new site featuring its full revised format, chief executive Steve Burns has told M&C Report.
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News
Everyman raises £20m, buys four cinemas
Cinema group Everyman has raised £20m to buy four sites from Odeon as it seeks to accelerate its rollout plan.
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NewsAll Star Lanes eyeing expansion from 2016
Christian Rose, managing director at All Star Lanes, has told M&C Report a ‘root and branch’ review of the whole business will proceed a growth strategy of adding two to three sites a year.
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News
Vue reports 15.7% increase in cinema admissions
Leading analyst Douglas Jack has reiterated his Add recommendation for Cineworld with a target price of 550p on the back of positive results from rival cinema operator Vue, which reported year-on-year admissions up 4.3% to 25m for Q1 2015 and an increase of 15.7% in the UK for March
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News
Generator confirms Rome and Amsterdam
Luxury hostel operator Generator has secured sites in Amsterdam and Rome to open by the end of 2015 as part of its ambition to have 15 locations by the end of this year following the injection of €150m from its owners Patron Capital
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Diary
Diary: Alan Yau; Pret A Manger and JDW
In this week’s Diary section, Alan Yau talks about his plans for a ‘Chinese McDonald’s’ concept, Pret CEO Clive Schlee blogs about trading in Paris and JDW gets a less than warm welcome from its new customers…