All MCA Insight articles in September 2013 – Page 18
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News
Ramsden’s nears pubs link up
Harry Ramsden’s is closing in on a deal to launch a branded offer into the pub sector, which will feature separate approaches for managed and tenanted estates
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News
H+H strengthens pipeline
Harris + Hoole is understood to be in talks on a further eight sites as it looks to get close to the 30-site mark by the year end
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Interviews
Friday five-minute interview
M&C Report talks to Joe Teixeiria, chief executive of Harry Ramsden’s, the Boparan Ventures-owned, iconic fish & chip shop chain, about his best investment, his best business decision and the best piece of advice he’s ever received
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News
New Hooters UK owner eyes expansion
Chanticleer Holdings, which has entered an agreement to acquire the original Hooters UK site in Nottingham, expects further expansion across the country
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News
Aparthotels company launches tea concept
Will Hannah and Jason Abbott, who are behind the Blue Rainbow Aparthotels company, a collection of boutique serviced apartments, has launched a new tea shop and café concept called Tea 42
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Analysis & Insight
Two fifths of UK adults skip lunch
More than 40% of UK adults skip lunch at least once a week, with 20% saying they skip lunch at least three times a week, according to a new survey by Canadean Custom Solutions (CCS).
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NewsSales up 5% at Harry Ramsden’s
Harry Ramsden’s, the Boparan Ventures-owned, iconic fish & chip shop chain, has seen a 5% uplift in like-for-like sales over the last 17 weeks, as it gears up for its next stage of growth
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NewsM&B rises to the top of the M&C20
Mitchells & Butlers has overtaken Greene King to become the company with the highest market capitalisation within the M&C20, following a well-received presentation to city analysts
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News
Preston next for Popworld
Stonegate, the managed operator, is continuing the rollout of its Popworld brand with the conversion of a former Reflex in Preston.
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News
McLean Inns secures seventh site
McLean Inns, the family-run pub group, has secured its seventh site, after taking on the Olde Swan Hotel in Chertsey
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Analysis & Insight
On-trade sales fall faster by volume than value
On-trade alcohol sales fell 1% by value in the 12 weeks to 13 July despite a 6% drop in volumes, according to CGA figures in a new report that lists malt whisky and liqueurs among the growth categories over the period
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News
Pubs minister: KNDL strike 'a disgrace'
Community Pubs Minister Brandon Lewis has criticised the Unite union and the Labour Party for the planned 24-hour strike by workers at Kuehne + Nagel Drinks Logistics
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Analysis & InsightFinding life outside the capital
Innovation in the eating out market is just as notable in the regions as it is in London, argues Peter Kemp-Welch, partner at Piper Private Equity, the backers of Loungers, Turtle Bay and Be At One
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News
Upham Pub Co buys Enterprise freehold
Hampshire-based Upham Pub Company, the sister company to Upham Brewery, has continued its expansion with the acquisition of a pub from Enterprise Inns
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NewsFrench reiterates Buy for JDW
Leading sector analyst Simon French has reiterated his Buy recommendation and 806p Target Price for JD Wetherspoon ahead of its full-year results on 13 September and predicted a “solid” update on current trading
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NewsBunnychow eyes roll out
Bunnychow, the South African street food concept, which will open its first permanent site later this month in London’s Shoreditch, is looking to roll out the concept to other parts of the capital
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Analysis & Insight
Drinkers spent more in on-trade this August
The average amount spent by drinkers in the on-trade increased from £44 to £45 between August 2012 and August 2013, although there was a bigger increase in the amount spent on drinking at home, new figures show
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NewsAnalyst corner
Leading analyst look ahead to Whitbread’s Q2 interim management statement on 10 September. Notes from Barclays and JP Morgan both give an Overweight recommendation, whereas Simon French of Panmure Gordon reiterates his Sell recommendation for the Costa, Brewers Fayre, Beefeater and Premier Inn operator
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News
SRA unveils new accreditation for dining destinations
The Sustainable Restaurant Association (SRA) has developed the first ever sustainability accreditation for food destinations
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NewsFY sales up 7.4% to KFC UK
KFC UK & Ireland, the fast food chain, has reported a decline in pre-tax profit for the year to 2 December 2012, from £47.2m to £39.1m, against a 7.4% rise in sales to £423.3m