Pubs, Bars & Clubs News
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Double swoop for Heartwood Inns at Publican Awards
The operator impressed judges in both the Best Managed Pub Company and Best Pub Operations Team categories, with other winners including Liberation Group and Loungers’ Alex Reilley
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RedCat Pub Company to exit 24 sites
The Rooney Anand-led pub investment vehicle said it has undertaken a strategic review in context of sector-wide challenges, in addition to appointing a new executive team
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Butcombe Pubs & Inns reports record sales in March
The Liberation Group-owned business attributed strong sales to a bumper Mother’s Day weekend and the Cheltenham Festival
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Greene King opens first Nest pub
The Palmer Tavern, located on Wokingham Road in Reading has opened after a £360,000 investment by the pub company
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Revolution Bars ‘actively exploring’ all options
The pub and bar operator confirmed it is engaging with shareholders to fundraise, while exploring strategic options including a restructuring or partial or full sale
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Tim Martin: ‘We got a rush of blood to the head’
The Wetherspoons chairman told Sky the pub company had sometimes doubled up in towns were it should have kept to just one pub
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Heartwood acquires historic East Barnet pub from Stonegate
The Prince of Wales, established in 1876, was the subject of a campaign from local residents and politicians after it emerged it would close
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Shepherd Neame sees drop-off of bottled beer
The Kent brewer has restrucured its packaging and logistics operation after a decline in cask ale and off-trade beer volumes, but sales of keg ale and craft lager reamin strong
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Sales continue to improve at Wetherspoons
Like-for-like sales were up 10% in the second half of FY24, while reveue grew by 8% to £991m. Chairman Tim Martin said pubs were generating 50% more sales than ten years ago, with ambitions to grow the estate to 1,000
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Nightcap remains optimistic for future outlook
Despite revenue growth of 42%, the late night operator reported like-for-likes down 10% but expects a gradual recovery later this year as the financial outlook for its customer base improves
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Wetherspoon selling pints for as little as £1.99 this St Patrick’s Day
The popular pub chain has several deals for those celebrating the Irish holiday, with a traditional pint of Guinness for just £2.99
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A quarter of London’s clubs lost since Covid pandemic began
London has lost almost a quarter of its nightclubs since the pandemic started, a report has revealed
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Big Fang Collective to launch new in-house concepts
In-house pizza joint Nothing Cheezy and gaming hub Big Fang Arcade will launch next week to enhance the offering at Golf Fang Sheffield
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Wells & 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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In pictures: The Alchemist Victoria
The cocktail bar group has partnered with DesignLSM for its new immersive venue, paying homage to cosmic alchemy and the Victorian era of scientific discovery
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Pub dwell time grows steadily
Consumer visit length was up +6.2% compared to the previous month, driven by sporting events, such as the Guinness Six Nations and the Carabao Cup.
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Greene King outlines ambitions for ‘Nation’s Most Loved Pub Brand’
As part of its ongoing business transformation, the group will place a customer-led approach at the centre of its offering while investing in the brand to increase customer reach and relevance
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Vagabond undertakes restructuring process
The Imbiba-backed, London-based wine bar chain attributed the decision to legacy Covid debts, cost pressures, and the forced closure of the company’s Heathrow venue - albeit all other locations remain open and trading
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Young’s completes acquisition of City Pub Group
The deal will significantly strengthen Young’s’ presence in London and in new geographies, while bringing together two ‘complementary, culturally, strategically aligned’ businesses
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Economic headwinds cause loss for Upham Group
The Hampshire-based premium pub operator grew sales to £18.4m but posted a loss of £780k for 2023