All Charles Wells articles
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NewsWells & Co sees growth despite challenges
The pub operator reported sales of £62m in FY23, with accommodation up 25% across the group and further site acquisitions in France planned for FY24
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NewsWells & Co reports return to profit
The pub operator and brewer posted a turnover of £55.2m and operating profit of £3.3m for the year ended 2 October 2022
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NewsWells & Co reports £8m revenue drop
The fifth-generation brewer and pub operator has continued to grow its managed estate and is targeting 50 sites by the end of 2022
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NewsWells & Co to offer further rent concessions
The decision by the family-owned pub business to offer a 10% rent concession to all its leased and tenanted pubs across came off the back of a tough December
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InterviewsWells & Co: ‘The future of the pub industry is really strong’
With more than 140 years of brewing beer and running pubs under its belt, fifth-generation family business Wells & Co has seen its fair share of tough economic times, but despite the impact of the pandemic, it is very hugely optimistic about the future of the great British pub.
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NewsWells & Co to bring pubs back in-house
Wells & Co is quickening the pace of expansion of its managed pubs business following the success it has seen since reopening after lockdown this year, group managing director Peter Wells told MCA.
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NewsRed Oak acquires pub package; in talks over £35m extra capital
Red Oak Taverns has acquired a package of 10 leased and tenanted pubs from Wells & Co, taking its total estate to 190, and is in the process of finalising terms for an additional £35m of capital.
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NewsYummy Pubs sells The Clarence
Yummy Pub Co has sold its in Stoke Newington pub The Clarence as it concentrates on building a freehold estate. Pub operator Robert Webster, who owns Charles Wells leased business in London the Anchor and Hope, and has interests in The Canton Arms, and the Magdalen Arms in Oxford, has ...
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NewsMarston’s reports £20m loss amid debt reduction focus
Marston’s has swung to a £20m statutory loss of the full year to 28 September 2019, down from a £54.3m profit in 2018.
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NewsPhillimore to step down from Wells & Co
Wells & Co has announced CEO Justin Phillimore is stepping down at the end of the year after 13 years with the business.
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NewsWells & Co to drop Apostrophe brand
The newly renamed Wells & Co has made the decision to expunge its Apostrophe brand, MCA has learnt.
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NewsCharles Wells re-brand to coincide with new HQ
Charles Wells has re-branded to Wells & Co, to coincide with the start of the move to its new HQ in Bedford.
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NewsMarston’s sees H1 growth across the board
Marston’s saw like-for-like sales (lfls) across its managed and franchised pubs grow 2.2% in the 26 weeks to 30 March, with a 3.2% hike in the final 10 weeks of the period.
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NewsAzzurri named casual dining group of the year
Azzurri Group, Wagamama, Oakman Inns, The New World Trading Co (NWTC), Dishoom and The Alchemist were among the winners at the Casual Dining Awards yesterday.
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NewsEverards on symbiotic bond between pub estate and brewery
MCA talks to Everards managing director, Stephen Gould, on the back of its most recent financial results, with pub like-for-like sales up 2% in the year to 30 September 2018 and 2.5% in the year to date. He discusses consolidation in the beer market; why the managed pub model may be creaking and how smart operators are investing in occasions.
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NewsCharles Wells looks to PPP and France for growth
Charles Wells aims to grow both its Pizza, Pots and Pints portfolio and its French estate of pubs to 20 each by 2020, MCA understands.
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NewsOrange Tree sells two more sites
Orange Tree, the Leicestershire-based pub group, has sold two further sites from its portfolio.
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NewsMarston’s reports ‘solid’ start to FY19
Marston’s has reported a ‘solid’ performance in the seven weeks since 29 September, with growth in pub like-for-like sales (lfls) and own and licensed beer volumes.
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News
Charles Wells acquires four sites from Orange Tree group
Charles Wells, the Bedfordshire-based pub operator, has acquired four sites from the Orange Tree Group.
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NewsMarston’s eyes further deals in wet-led community segment
Marston’s chief executive Ralph Findlay has told MCA that he sees further opportunities to buy packages of wet-led community sites but that the company’s main focus is building pubs with lodges attached.