All MCA Insight articles in September 2013 – Page 22
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News
Red Car to undertake refurbs
London-based multiple operator Red Car Pubs is to begin a £500,000 refurbishment and extension program at two of its five sites
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NewsH1 EBITDA up 14% at Prezzo
Prezzo, the Jonathan Kaye-led group, has this morning reported a 14% increase in adjusted EBITDA to £12.6m for the 26 weeks to 30 June 2013 and said it remained confident of “delivering a satisfactory outcome for the whole year”
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News
Wear Inns turnover grows 58%
Wear Inns, the fast-growing northern pub operator, has reported a 58% rise in turnover to £11.8m in the year to 31 March as it grew its estate from 15 to 26 pubs
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NewsInventive eyes bolt-ons in expansion drive
The Revolution operator will look to acquire existing premium bar businesses as part of its expansion programme, chief executive Mark McQuater has told M&C Report
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NewsInventive introduces late-night brand
Inventive Leisure has introduced an off-shoot Revolution brand focused on the late-night market called Revolution Late at a handful of sites, chief executive Mark McQuater has told M&C Report
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News
DHP secures first London site
DHP Family, the bar/music venue and music promotions company, has secured its first site in London, in Hackney
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NewsBrewDog raises £3m via share issue
BrewDog, the Scottish brewer and pub operator, has raised £3m of its fund raising £4m target under its latest crowdfunding scheme in about 10 weeks
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News
Kamps to make UK debut
Kamps, one of the leading bakery and café chains in Germany, is planning to make its UK debut before the end of the year, M&C Report understands
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NewsCosta Express to target offices sector
Costa is to launch a new generation self-serve machine under its Costa Express brand into the commercial offices sector, which it believes will help double its c3,000-strong estate over the next three years
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NewsWrap it Up! opens ninth, new breakfast menu
Gourmet wrap chain Wrap it Up! has opened its ninth outlet in London’s Monument, where a new breakfast menu has also been introduced
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NewsUpham Pub Co raises £11m for expansion
Hampshire-based Upham Pub Company has raised about £11m for expansion under the Enterprise Investment Scheme and hopes to increase this to £15m by the end of the year, co-founder David Butcher has told M&C Report
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NewsGreene King Retail LfLs rise 4.6%; reaches 1,000 managed sites
Greene King has reported a 4.6% rise in like-for-like sales across its Retail arm in the 18 weeks to 1 September, with “difficult” comparatives of the Jubilee and Euro 2012 “offset by the better summer weather”, and says it reached 1,000 managed sites
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News
Redmed to launch second site
Redmed, the fledgling operator, which counts Luminar chief executive Peter Marks as a non-executive director, is to launch its second site later this week in Lincoln
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News
Koh Thai reveals growth target, in funding talks
Koh Thai, the four-strong Thai tapas concept, hopes to grow to 20 sites over the next five years and is in talks over a number of different funding options for future expansion, M&C Report has learnt
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News
Nana Fanny's to open first concession site
Nana Fanny’s Salt Beef bars is to open its first concession unit in the newly created food hall within the Croydon Village Outlet, later this month
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News
Boxpark returns to expansion plans
Roger Wade, the man behind Boxpark, the world’s first and only pop-up mall in London’s Shoreditch, has returned to plans to expand the concept
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News
Nando’s and Pret pick up PETA Awards
Nando’s and Pret were among the winners of the first-ever PETA (People for the Ethical Treatment of Animals) Vegan Food Awards
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Analysis & Insight
What can be achieved with a little help
Even in difficult financial times, good new business opportunities exist. The hardest part is securing the funding needed to unlock them, says John O’Donoghue, founder of fledgling operator, Redmed
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News
Hotcha eyes No.1 takeaway chain status
Hotcha has announced ambitious plans to be the UK’s number one takeaway chain, after opening its eighth site in total
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News
FLS lending up, but SMEs still miss out
Lending under a flagship state scheme increased between April and June, but lending to small and medium-sized enterprises (SMEs) continued to fall