All JD Wetherspoon articles – Page 18
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OpinionTunnel vision
It’s heads down, gritted-teeth tough out there at the moment for the majority of the UK’s eating and drinking-out market, and there aren’t many signs that things are going to pick up soon. Also what next for Byron?
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NewsJDW: Disposals; hotels and Irish expansion
JD Wetherspoon chairman Tim Martin talks to MCA on the back of this morning’s preliminary results for the year to 30 July.
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News
Analysts corner: JDW
Leading analysts have welcomed a positive set of results from JD Wetherspoon this morning, saying its strong start to the year may indicate “significant market share shifts”.
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NewsVAT cut for sector ‘could be Brexit sweetener’
Chris Guyver, the lobbyist running the VAT Campaign, has predicted that a cut for hospitality businesses is likely to be one of the “positive messages” the Government will unveil as the UK leaves the EU.
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NewsJDW FY lfls up 4%
JD Wetherspoon has reported like-for-like sales up 4% for the 53 weeks to 30 July, with total sales up 4.1% to £1.7bn.
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NewsStonegate acquires Sports Bar & Grill
Stonegate Pub Company has acquired Bar Holdings – the company behind Sports Bar & Grill.
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News
Analysts corner: Greene King
Leading analysts have given their view on Greene King’s trading update this morning.
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NewsJDW brings more sites to market
JD Wetherspoon has brought a further three pubs to the market, MCA understands.
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NewsMizon promoted to joint MD at McMullen
McMullen, the Hertfordshire-based family brewer and pub operator, has announced that retail director Heydon Mizon has been promoted to joint managing director.
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News
‘Limited attraction’ for investors in pub sector
Analysts at HSBC have said there are limited attractions for investors in the pub sector and expressed concern generally about the sector
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Analysis & InsightCustomers scoring pubs higher
The latest data from MCA’s Pub Brand Monitor has shown customers are more likely to recommend leading pub brands than they were a year ago.
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NewsMcDonald’s grows market share across the board
The latest data from MCA’s Eating Out Panel shows that McDonald’s has grown its market share of visits in all four dayparts between Q2 2016 and the same period this year.
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Opinion
Inside Track: Gerry can
Three years on from its formation, Hawthorn Leisure has ambitions to consolidate the UK’s pub sector further and grow into a significant player. Chief executive Gerry Carroll tells Mark Wingett that to achieve that aim they will need to continue to think differently
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NewsGreene King’s Davis to become TRG CFO
Kirk Davis, currently chief financial officer of Greene King, is to join The Restaurant Group (TRG) in the same role.
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NewsAmber Taverns strengthens pipeline
Amber Taverns has strengthened its pipeline, including taking on its sixth former JD Wetherspoon site, MCA has learnt.
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NewsMartin now owns 31% of JDW
JD Wetherspoon has confirmed that chairman Tim Martin now owns 31% of the company he founded.
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News
Amber Taverns FY lfls up 2.5%
Amber Taverns grew like-for-like sales 2.5% in the year to 5 February.
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OpinionIn the mixer
When Revolution Bar Group’s shares plummeted nearly 40% back in May it felt very much like a case of when, rather than if, Stonegate Pub Company would make its move for the Mark McQuater-led bar chain. With that steep decline in share price in mind, Stonegate’s 200p a share offer looks likely to lead to a positive outcome for all involved
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NewsStonegate makes £100m bid to acquire Revolution Bars
Revolution Bars Group has confirmed it has received a conditional proposal from Stonegate to acquire the company , which values it at c£100m.
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NewsNando’s to double roadside presence
Nando’s, the peri peri chicken chain, is set to open its second roadside site, with an opening lined up on the M25