Pubs, Bars & Clubs News – Page 103
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News
Davy’s to open new City wine bar
Davy’s Wine Merchants is to open a new wine bar and restaurant in the City, at 21-23 1 St Swithin’s Lane.
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NewsStar increases funding to Pub is the Hub
Star Pubs & Bars has pledged an additional £30,000 to Pub is the Hub.
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NewsJDW FY lfls up 5%
JD Wetherspoon has reported like-for-like sales (lfls) up 5% in the year to 29 July, with total sales up 2% to £1.7bn.
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NewsVeeno to rebrand Veeno Club and expand subscriber offer
Veeno is to rebrand its Veeno Club to Veeno Family, and is looking to expand its offer for people that sign up, MCA has learnt.
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News
Pub People Co reaches 60-site mark
Pub People Co has purchase the freehold of the Greasley Castle pub in Eastwood, Nottingham from Greene King, as it grows its estate to 60.
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NewsLicensing restrictions result in closure of Vinoteca Soho
Vinoteca has closed its wine bar on Beak Street in Soho due to licensing restrictions, and is looking to relocate to a new site, MCA has learnt.
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NewsB&P completes acquisition of Malvern pub from Wadworth
Brunning & Price, The Restaurant Group-owned pub company, has completed the acquisition of the Plough and Harrow in Worcestershire.
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NewsKuPP was losing £181k a month
KuPP, the Scandinavian-inspired casual dining chain, went into administration after founder Steve Cox failed to persuade investors in parent company Faucet Inn to inject new capital, according to the administrator’s report.
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NewsJDW continues Brexit boycott of EU brands
Jagermeister and Courvoisier are among the latest EU brands to be axed by JD Wetherspoon as it continues its pre-Brexit cull of EU products.
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NewsInn Collection Group acquires first site outside heartland
The Inn Collection Group has acquired its first site outside its north-east heartland – the Waterhead Hotel in The Lake District, for an undisclosed sum.
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NewsCoaching Inn Group looking to add at least four sites in next year
The Coaching Inn Group is looking to take its estate up to at least 19 sites over the next 12 months, MCA has learnt.
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NewsCoaching Inn Group secures £16.5m growth funding
Coaching Inn Group, the BGF-backed operator, has secured a new £16.5m debt facility to fund further growth.
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NewsKames Capital acquires Home Counties investment portfolio
Kames Capital, the UK-based investment management business, has acquired a portfolio of eight prime public house, restaurant and retail investment properties, located in the Home Counties, for an undisclosed sum, MCA has learnt.
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NewsGK managed lfls up 2.8% in Q1
Greene King has reported like-for-like sales (lfls) in its managed Pub Company estate up 2.8% for the first 18 weeks of the year, to 2 September.
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NewsEiG grows tenanted & leased lfls 1.3% in year to date
Ei Group, the UK’s largest pub operator, has updated on trading in its year to date showing like-for-like net income in its tenanted and leased estate up 1.3% in the 47 weeks to 25 August.
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NewsCharles Wells launches new training scheme
Charles Wells has launched its Rising Stars programme aimed at fast-tracking the careers of promising pub staff.
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NewsEgo to open first site under M&B JV
3Sixty Restaurants has identified its first conversion of a Mitchells & Butlers pub since announcing a joint venture last month.
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NewsEi Managed Investments partners with Urban Pubs & Bars
Ei Managed Investments is to launch Urban Pubs and Bars Two – a partnership with the founders of Urban Pubs & Bars, Nick Pring and Malcolm Heap.
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NewsBrewDog’s Equity for Punks raise now on Crowdcube
BrewDog has made its latest crowdfunding drive, Equity for Punks V, available for investment via Crowdcube.
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NewsDan Fisher makes it nine with Star site; looks to add six
Multiple operator Dan Fisher has taken on his third site with Star Pubs & Bars, taking his total estate to nine, and with plans to grow it by another six.