All news articles – Page 1504
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News
Greater proportion of pubs sold by Fleurets stay as pubs
Fleurets sold a greater proportion of pubs for continued pub use in 2013 compared to the previous year, while the average sale price was 7% higher than for alternative use
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Spirit could double Flaming Grill estate
Spirit Pub Company could double the size of its 93-strong Flaming Grill estate over the next few years, according to chief executive Mike Tye
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Darby: filling day parts is 'critical'
Filling in the day parts is “critical” for Mitchells & Butlers (M&B) and the group still has a “lot more to do” to maximise opportunities outside peak trading times, chief executive Alistair Darby told the Numis Travel & Leisure conference today
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Revolution operator grows H1 EBITDA 41%
New Inventive Bar Company, the Revolution bar operator formerly known as Inventive Leisure, saw EBITDA grow 41% to £6.7m in the six months to 31 December 2013
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Grand Union eyes 20 more sites
Grand Union, the eight-strong London-based bar group backed by Luke Johnson, has confirmed plans to expand by 20 new sites over the next three years as it launches the next phase of its growth strategy
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Carroll lined up to operate GK package
May Capital has lined up Gerry Carroll, former managing director at Enterprise Inns and Little Chef, to manage the c300-strong tenanted pub package it is currently in advanced talks to acquire from Greene King
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Fuller’s secures the Albannach
Fuller’s has acquired the high-profile site, The Albannach, set on Trafalgar Square, which will become a flagship location for its Ale & Pie format
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Jamie’s Italian to launch at sea
Jamie’s Italian, the casual-dining chain spearheaded by Jamie Oliver, is to launch its first restaurants at sea, after signing a deal with holiday company Royal Caribbean International
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Inglenook plans major expansion drive
Inglenook Inns & Taverns, the Lancashire-based pub group, plans a major expansion drive to expand from nine to 22 sites by the end of 2016 as it eyes the possibility of seeking third-party investment, director James Waddington has told M&C Report
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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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Rollout targeted for new piri piri chicken concept
The operator of a Fire and Feathers, a new Portuguese piri piri chicken concept based in west London, hopes to open a chain of restaurants under the format, M&C Report has learnt
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Novus makes changes to operations team
Novus Leisure has made changes to its operations team, which has seen the departure of head of operations Marc Rust and the promotion of Stephen Hill to operations director
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Eclectic could reach 50; Lola Lo to lead growth
Eclectic Bar Group could expand to 50 sites “quite easily” and Lola Lo, its Polynesian concept, is likely to be its biggest growth brand, chief executive Reuben Harley has told M&C Report.
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Plymouth 'postpones' late-night levy
Plymouth is the latest council to reject plans for a late-night levy, although the authority stressed it’s a “postponement and not a cancellation”
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Estiatorio Milos set for Regent Street
Estiatorio Milos, the Greek restaurant group led by Costas Spiliadis, is set to make its UK debut after securing a site at 1-3 Regent Street in London
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Capital should be flowing into food-led pubs
Capital should be flowing into food-led pubs and the segment should be expanding more rapidly than restaurants, reflecting overwhelming trends in consumer demand, according to a leading analyst
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French 'strongly reiterates' Buy for Eclectic
Leading analyst Simon French has “strongly reiterated” his Buy recommendation for Eclectic Bar Group, which he said announced a “solid set of maiden results” since it debuted on AIM last year
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Pubco bosses submit ‘manifesto’ to Chancellor
George Osborne received a ‘manifesto’ for the pub industry from three industry CEOs when he visited Banks’s Brewery on Monday
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Meantime to extend ‘tank beer’ outside London
Meantime Brewing Company is to launching its “Brewery Fresh” beer (or “tank beer”) outside London for the first time
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Jack: Expect Domino’s Q1 performance to be strong
A leading analyst has said that he expects next Wednesday’s Q1 IMS from Domino’s Pizza Group to be strong and while like-for-like sales will have slowed from 14.6%, they will still remain impressive