Pubs, Bars & Clubs News – Page 10
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St Austell enters low-alcohol beer market
The brewery and pub operator will launch Proper Job 0.5% – its first new category launch since entering the lager market in 2010 – in a bid to capitalise on the growing trend for low- and no-alcohol drinks
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Incipio Group achieved record sales in 2023
The London-based bar group saw a 32% improvement in sales performance, with revenue of £25.9m for the full year to 31 December and record adjusted EBITDA of £2.5m.
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All brands in growth at M&B
Mitchells & Butlers reports like-for-like sales growth of 5.2% in its full-year results, with sales growth remaining ahead of the market in Q4
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Rumours of restrictions to licensing hours quashed
Warnings that the government is considering “tightening up the hours of operation” for pubs and bars have been described as “categorically untrue” by the Department for Health and Social Care
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Punch acquires 14 pubs from Aprirose
This deal for the Milton 1 & 2 portfolio takes Punch’s total acquisitions in the last 12 months to more than 50 pubs
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Stonegate partners with remote working app
More than 700 of the pubco’s venues will be available to book through the Reef app, which charges remote workers a monthly or annual subscription fee
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Pub garden smoking ban ‘will happen’
The policy could involve exceptions such as separate areas where smoking is permitted, according to UKH deputy CEO Allen Simpson
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RedCat Pub Company to invest £8m in pub and inn estate
The cap ex programme will be rolled out over the next six to 12 months, with 18 pubs and six coaching inns due to benefit from investment in areas including team training and the venue’s offer
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Reeves considering raising alcohol duty in Budget
The drinks industry has warned the move would be counter-productive and lead to lower revenues which could have a “catastrophic” impact on pubs.
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Regulatory landscape threatens future of British pub
Think-tank Localis is urging the government to launch a taskforce to clear obstacles that endanger the beer and pub sector, with its new report to be issued at the Labour Party Conference today
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Wells & Co COO to depart amid restructure
Shirley Couchman’s departure is a “joint decision that comes as part of restructuring efforts to align the business with the current market landscape,” CEO Peter Wells tells MCA
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Arc Inspirations turnover nears £50m
The 21-strong bar group is actively pursuing opportunities in London, Cardiff, and Scotland, with four locations in the pipeline as it endeavours to reach the 50-site mark by 2030
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Scottish hospitality calls for talks over proposals to ban logos on pub glasses
The Scottish health secretary has been urged to consult further about possible curbs on alcohol marketing
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Inn Collection ‘further embraces scalable mindset’
The pub with rooms operator expects to see further growth in sales and EBTIDA, as it reports turnover of £52.6m in 2023
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Harvey’s beats pre-Covid sales records
The Sussex family brewer and pub operator increased turnover by 8.3% to £24.m in 2023, and sees “plenty of investment opportunities ahead”.
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Greene King announces new executive board structure
Zoe Bowley becomes MD, Greene King pubs, while Wayne Shurvinton, Assad Malic and Maria Sebastian leave the business
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Stonegate’s MiXR app hits one million downloads
The milestone marks a significant achievement in how the pub group is enhancing guest engagement across its 700+ managed venues, less than a year after the app’s launch
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Joseph Holt reports ‘steadily improving’ trading
The Manchester-based brewer and pub operator achieved £73.5m turnover in 2023, as it prepares to launch its new hotels arm
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Admiral acquires 18 pubs from Marston’s
The portfolio of wet-led establishments spans the UK, located in counties including Dorset, Derbyshire, and Yorkshire, and will bring Admiral’s estate to over 1,420 sites
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Luke Johnson joins board at Revolution Bars Group
The bar group has confirmed the appoinment of serial investor Johnson as non-executive chairman, following the retirement of Keith Edelman.