All news articles – Page 1449
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News
Analyst predicts rise of 'new regionals' in pub sector
The number of pubs owned by microbreweries could grow from 1% of the market to 10% over the next decade, with financial buyers also busy in the sector according to Nigel Parson leading independent analyst from Dryburgh Research
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Pure looks to ten sites
Pure, the London-based healthy food on the go concept, is looking for sites in London to open four new sites in the next 18 months to bring its estate to ten
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NewsM&C20 slides amid interest rate fears
There was a downturn across the M&C20 this week with more than half the companies in the leisure index slipping a few points, possibly in reaction to Mark Carney’s announcement that household interest rates could rise sooner than markets were anticipating
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Spirit adapts to declining beer market
Spirit Pub Company is adapting its lease agreements to make them less reliant on a declining beer market
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NewsPaveley: 'hybrid' model is future for pub estates
Senior pub company figure Jonathan Paveley said he expected to see a ‘hybrid’ of managed and tenanted pub models to emerge
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Food sales 'critical' for success of Stars Pubs & Bars
Chris Jowsey, trading director at Star Pubs & Bars, said food sales are ‘critical’ to the long-term success of the on-trade
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NewsPatisserie Holdings to open five in June
Patisserie Holdings, the AIM-listed parent company of the Patisserie Valerie chain, is to open five new sites this month as it eyes a total of 12 more openings by the end of its financial year on 30 September, chief executive Paul May has told M&C Report
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Las Iguanas gains Vegetarian Society accreditation
Las Iguanas, the Latin casual dining concept backed by the Bowmark Capital group, claims to be the first casual dining restaurant group to gain Vegetarian Society accreditation
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RHWB to open in Leicester
Red Hot World Buffet, the Risk Capital Partners backed buffet group, has confirmed it is opening a site in Leicester at the end of June following £2m renovation, which marks the largest single restaurant investment in Leicester
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All Bar One at 02 to feature pop-up vineyard
A pop-up vineyard offering offers and prizes to customers has been installed at the front of the new All Bar One that opens at the 02 on 2 July
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Analyst corner
Leading analyst Jamie Rollo of Morgan Stanley Leisure has said Wetherspoon needs to hit 5.4% like-for-like sales growth in its fourth quarter to be in line with the full year estimate set by the analyst firm
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Wrap it up! secures 12th site
Wrap it Up! the gourmet wrap concept is opening its 12th site in London this summer, which will be its fifth franchised outlet and part of a five year acquisition plan that focuses on central London
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NewsIntertain partners with online gaming firm
Intertain, the Walkabout bar operator, has signed a one-year deal to partner with BetVernons as online gaming partner with branding rights across Walkabout’s offline, digital and social media platforms
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John Lewis enters casual dining sector
John Lewis is to join other major retailers by entering the casual dining sector, with the opening of Italian restaurant concept Rossopomodoro and sister brand Ham Holy Burger at its flagship Oxford Street shop in central London
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NewsLa Tasca opens first new site for 2014
La Tasca, the Spanish tapas restaurant group, is opening its first new site of the year after enjoying 7.5% growth in like-for-like sales for Q1
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BISC chair urges cultural change in tenanted sector
An influential MP has called for a “change in culture” among the tenanted pub industry to ensure problems in the pubco/tenant relationship are resolved using the statutory code as planned, and avoid the “big bang” of a mandatory free-of-tie option
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News
Firezza secures new investment and Pizza Lupa
Firezza has acquired a controlling stake in rival brand Pizza Lupa and has plans to grow to 25 sites over the next three years,
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NewsNeame 'more optimistic than ever' about tenanted sector
Shepherd Neame chief executive Jonathan Neame has said he’s more optimisitc about the tenanted pub sector now than he’s ever been during 23 years in the industry, and the time is ripe to make investments
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NewsSimmonds fears pubco 'quango czar'
British Beer & Pub Association chief executive Brigid Simmonds has said she fears the creation of an unnecessary and costly “Government quango czar” overseeing the tenanted pub sector