Punch Taverns believes there is potential to convert “hundreds” of its sites both across its core and turnaround estate to its fledgling wet-led community local model, Mighty Local, subject to clarity on the market rent only option (MRO), M&C Report understands.
Two former pubs are among the list of supermarkets Tesco intends to close.
Brakspear chief executive Tom Davies has told M&C Report that the company disposed of around 10% of its estate last year – and is now in a position to grow both its tenanted and managed divisions.
AG Barr, the soft drinks producer, has reported an improved performance in its final quarter to 25 January reporting growth of over 5%.
William Robinson, joint managing director of Robinsons, has told M&C Report that the company will open more managed houses this year with the next site already being refurbished.
Foxcroft & Ginger, the artisan café-bakery concept, is relocating its centralised production bakery after outgrowing its Soho site to enable it to open more London cafes, M&C Report has learnt
International hospitality group Hakkasan is looking to more than double its estate in 2015 with the opening of 15 new restaurants across its portfolio of brands, including a new concept called Ling Ling, M&C Report has learnt
Subway will open its 2,000th store in the UK and Ireland later today, with a new store in the Jarman Leisure Park in Hemel Hempstead.
Discretionary spending hit a three-year high in the final quarter of 2014, as falling inflation and an improving labour market started to put more money in consumers’ pockets, according to the latest Deloitte Consumer Tracker.
The Inception Group, the London-based bar and restaurant operator, is to open its latest concept, Cahoots, on March 5.
Analyst Will Brumby, of Langton Capital, looks back over the past year of the M&C20 index and highlights Domino’s and Patisserie Valerie among the big winners and Punch and Enterprise among the losers
Ralph Findlay talks about the most powerful brand in the sector – the British pub – and why high-volume business models mean there’s always a place for innovation
A year of rapid change in the casual-dining sector in 2014 is likely to be followed by even more activity in the year ahead, as group transactions continue unabated and consolidations fuel a pent-up demand. Cenkos Securities’ Simon French reports
It is not a technical term, but the word that many operators have used to some up their thoughts on the next 12 months is mental. Competition will continue to be fierce with all the on-going challenges that brings with it
In the second of our monthly street food spotlights, Street Feast organiser Adam Layton shares his thoughts on Breddos Tacos and the changing face of Mexican street food
Why I read M&C Report
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