All MCA Insight articles in September 2013 – Page 21
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News
Japan Centre to open new flagship site
Japan Centre, the London-based restaurant operator and retailer, is to relocate its flagship site from Regent Street to Piccadilly
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News
Services sector growth continues
Business activity in the services sector grew in August at the sharpest pace since December 2006, according to the latest Services Index from Markit/CIPS
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Diary
Diary: Loungers, Bill Grimsey, Inventive, Luminar
This week’s Diary includes impressive figures from Loungers, high street recommendations, new concepts in Reading and a German lesson
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NewsLoungers reports 7.9% rise in sales
Loungers, the Piper-backed group led by Alex Reilley, has reported a 7.9% increase in like-for-like sales for the first four months of its new financial year (1 May – 31 August), with total net sales for the same period up 62.5% to £10.15m
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News
TCR London reports turnover of £7.2m
TCR London, the company set up to acquire the former assets of Town Centre Restaurants for £3.7m, last June, has reported turnover of £7.2m for its first seven months of trading to 3 February 2013, with EBITDA of £500k
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NewsBurns: TRG has new 137 sites under consideration
A leading analyst has said that The Restaurant Group (TRG) management has never been more confident on its new site pipeline and has 137 sites under consideration for 2014-15E
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NewsBurgerFuel eyes UK launch
BurgerFuel, the New Zealand-based gourmet burger concept, is among the latest overseas better burger operator to examine plans to launch in the UK, M&C Report has learnt
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News
Carluccio’s to make Abu Dhabi debut
Carluccio’s, the all-day Italian café chain led by Simon Kossoff, is set to make its debut in Abu Dhabi before the end of the year
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NewsJack and French reiterate Hold for Greene King
Leading analysts Douglas Jack and Simon French have reiterated their Hold recommendations for Greene King following its Q1 interim management statement yesterday
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News
Pernod Ricard to focus on UK on-trade
The boss of Pernod Ricard UK (PRUK) has said the company will be concentrating its efforts on the UK on-trade over the next 18-months to two years
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NewsFive Guys eyes Lakeside unit
Five Guys, which launched its second UK site yesterday in Reading, is understood to be in talks to take a site at Lakeside Shopping Centre in Essex
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News
Warning over excessive policing
A leading pub trade consultant has warned of some police forces “over-stepping the mark” during the up-coming ‘week of action’ on licensing and alcohol related harm
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Opinion
Retailers take a seat at the eating-out table
Further pressure is to be placed on the UK’s traditional eating-out industry, with a number of retailers stating their intentions to ramp up their foodservice credentials and compete with established food-led operators, says Mark Wingett.
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News
McDonald’s UK staff happy with zero hours contracts
McDonald’s UK’s has defended its use of zero hours contracts and said that the majority of its employees are on “flexible contracts”
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News
Raymond to open Augustine Kitchen
Franck Raymond, the Michelin-starred chef, is to open a new French brasserie, called Augustine Kitchen later this month, in London’s Battersea
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NewsJDW London pub acquired for £8.4m
A pub let to JD Wetherspoon in central London has been acquired for £8.4m by AXA Real Estate
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News
French: Only certain equity in Punch’s is Matthew Clark stake
A leading analyst has said that the Punch Taverns’ only certain equity value is in its shareholding in Matthew Clark
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News
BBC to follow Manchester House launch
The BBC has commissioned a documentary following the launch of Manchester House, Living Ventures’ new fine restaurant, which opens on 17 September, and its quest to be awarded a Michelin star
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News
Biswal to launch pop-up; eyes third restaurant
High profile chef Dev Biswal is to open a pop-up restaurant at the Kent & Canterbury Club, a private members club in Canterbury, and is set to secure a third site for his Ambrette restaurant concept in Canterbury