All Greene King articles – Page 20
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News
Jack: GK disposal “dilutive, but strategically right”
A leading analyst has described Greene King’s sale of 275 non-core tenanted and leased pubs to Hawthorn Leisure for £75.6m as “dilutive, but strategically right”
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NewsGreene King sells 275-strong portfolio to new venture
Hawthorn Leisure, a new pub company established to acquire, invest in and support pubs across the UK, has exchanged contracts for the acquisition of a portfolio of 275 tenanted and leased public houses from Greene King, for £75.6m.
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NewsGreene King managed LFLs up 4.8%
Greene King has this morning announced that like-for-like sales across its managed estate were up 4.8% over the last 16 weeks and that it had recorded its 22nd consecutive quarter of like-for-like sales growth
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NewsGreene King loses tax appeal
Greene King, the brewer and pub operator, has lost an appeal relating to its tax avoidance scheme and could be forced to pay back roughly twice the amount of tax it tried to avoid
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Analysis & InsightLeisure spend falls in event-less March
British households spent 6% less on drinking out in March than in February, but slightly more on eating out, according to the latest Greene King Leisure Tracker
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NewsJack expects 'strong update' from Greene King
Leading analyst Douglas Jack says he expects a “strong update” from Greene King next week, with a “good chance of upgrades”
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Diary
Diary: Greene King, Stonegate, Pizza Hut, Franco Manca
This week’s Diary includes Longbottom’s time in the sun, David Evans’ theatreland site getting a sporty makeover, Franco Manca’s property triumph, and Moorhouse’s MD reigniting a taxing debate. Longbottom, green fingers Most people in the pub trade will be wishing for a good summer. But one man will ...
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NewsGreene King CFO takes temporary leave for medical treatment
Greene King, the brewer and pub operator, has announced that chief financial officer Matthew Fearn has taken temporary leave of absence to undergo “urgent and important medical treatment”
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NewsGreene King not in talks with May Capital
Greene King, the brewer and pub operator, is not in talks with May Capital, the private equity group led by Noah Bulkin, regarding the sale of a c300-strong tenanted pub package
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News
Belhaven secures site next to station
Belhaven, the Greene King-owned Scottish brewer and pub operator, has secured a pub opposite Edinburgh’s Haymarket Station, according to broadcaster STV
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News
Greene King secures new Realpubs site for £2m-plus
Greene King is believed to have acquired the freehold of the Tulse Hill Tavern in south east London for an undisclosed sum thought to be in excess of £2m
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OpinionGK: Eating and drinking-out drives leisure spend
Growth in consumer spending was more prominent in eating out and drinking out (both up 11% versus January), compared with spend on ‘other leisure’ activities where, on average, spend increased by 1% versus January, according to the first Greene King Leisure Tracker
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Analysis & InsightGreene King launches leisure research report
Greene King has launched a monthly “Leisure Tracker” report, which aims to provide “thought leadership and insights” into consumer discretionary spending
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News
Greene King launches social media courses
Greene King is launching two new training courses to help licensees in its tenanted and leased estate develop a stronger social media presence for their pubs
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NewsMay Capital linked with GK package
May Capital has become the latest group linked with the possible acquisition of the c300-strong tenanted pub portfolio placed on the market by Greene King early last year
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NewsGreene King makes management change
Greene King is understood to have appointed Clive Chesser, senior operations director at its tenanted arm Pub Partners, to the role of business unit director in the division, following the resignation of Pub Partners managing director Simon Longbottom, M&C Report has learnt
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News
Greene King and Stonegate make apprenticeship commitments
Greene King and Stonegate have announced UK-wide apprenticeship schemes to boost the skills profiles of their employees as part of National Apprenticeship Week
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News
UK pub groups to become key players in Ireland
UK pub chains are likely to become a key player in the Irish retail property market as they continue to expand into Ireland, according to Savills
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Analysis & Insight
UK craft beer market grew 53% in 2013
The UK craft beer sector grew in value by 53% last year, according to figures from Greene King quoted in the Herald Scotland
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NewsGreene King to focus on signage
Greene King, the brewer and pub operator, has said it will add new signs to many of its Pub Partners pubs over the next two years