Pubs, Bars & Clubs News – Page 142
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ETM Group targeting three platform brand strategy
ETM Group has begun the implementation of an aligned and refocused three-platform brand strategy
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Dent steps down at Timothy Taylor chair
Charles Dent is to retire as chairman of Timothy Taylor, the West Yorkshire brewer and pub operator, next month
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NewsFuller’s H1 managed lfls up 3.6%
Fuller’s have this morning reported a 3.6% increase in like-for-like sales across its managed division for the 26 weeks to the 30 September
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NewsM&B: Growth formats; legacy brands; dark kitchens and discounting
Mitchells & Butlers chief executive Phil Urban talks to MCA following this morning’s full-year results announcement.
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NewsCity Pub Group IPO ‘just the beginning’
City Pub Group co-founder David Bruce has told MCA that today’s IPO is “just the beginning” for the company, which he expects to double on value over the next three years.
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NewsNewRiver set for first pub deals since 2015
NewRiver, the UK REIT, is negotiating on its first pub acquisitions for over two years, MCA understands.
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NewsWBB aims to hit £12m fundraise
West Berkshire Brewery has raised almost £10m in its latest EIS round and intends to go to its limit of £12m by the end of the year, MCA understands.
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Preston steps down as Amber chairman
Amber Taverns co-founder Clive Preston is to step down from his role as chairman.
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Star partners with P.U.B for biggest ever refurb
Public Urban Bars (P.U.B) is on site for its fourth project with Star Pubs & Bars – an £840,000 refurbishment of the English Rose in Liverpool.
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NewsM&B FY lfls up 1.8%
Mitchells & Butlers has reported like-for-like sales for the 53 weeks to 30 September up 1.8% with the past seven weeks seeing a 2.3% rise.
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SA Brain announces new brewery location
SA Brain has confirmed its new brewery and support centre will be housed in the Pacific Business Park, Cardiff.
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NewRiver to complete transfer of Marston’s portfolio
NewRiver, the UK REIT and pub operator, is to complete the transfer of the final pubs acquired from Marston’s to its own management.
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Panacea owner bids for new Ancoats venue
The operator of Manchester nightclub Panacea has applied to open a new venue Behind the Counter in Ancoats.
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Oklava founder to launch wine bar-restaurant
Oklava founder Laura Christie is launching wine shop and restaurant concept Linden Stores in Highbury Corner.
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NewsEiG: Craft Union rollout; REIT status and Managed Expert slowdown
Ei Group (EiG) chief executive Simon Townsend talks to MCA following this morning’s full-year results announcement.
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Castle Rock to open first micropub
Castle Rock, the Nottingham-based brewer is to open its first micropub and wine cellar – its 25th site in total.
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Butcombe acquires Cheddar pub
Butcombe Brewery has expanded its estate to 44 pubs after taking on the Rodney Stoke just outside Cheddar in Somerset, MCA understands.
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Hippo Inns secures 11th pub
Hippo Inns has secured its 11th site – the Blue Anchor in Hammersmith, MCA understands.
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NewsGrowth in family pub visits
Adult visits to the pub declined slightly over the last year while family visits were on the rise – reversing the recent trend.
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NewsEiG FY lfl income up 2.3%
Ei Group has reported like-for-like net income up 2.3% in its tenanted and leased estate for the year to 30 September, with average net income per pub up 5% to £79,600.