Pubs, Bars & Clubs News – Page 146
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JDW lfls up 5.3%
JD Wetherspoon has reported like-for-like sales up 5.3% for the 11 weeks to 9 July, with total sales up 3.6%.
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NewsPunch/Heineken disposals revealed
The full list of 30 pubs to be sold to assuage competition concerns over Heineken’s proposed acquisition of 1,900 Punch pubs has been revealed.
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Hillary & Scott buys first freehold pub
Hillary & Scott, the independent pub company led by Daryl Cockerill, has purchased its first freehold, The Four Alls Inn near Market Drayton.
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Operating costs equal 40% of turnover at high-end tied pubs
Operating costs for tied pubs accounted for between 33% and 40% of total turnover last year, according to a new report.
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NewsYoung’s managed lfls up 8.6%
Young’s has reported like-for-like sales in its managed houses up 8.6% in the first 13 weeks of the year, with revenues for the division up 10.8%.
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NewsJDW brings more pubs to market
JD Wetherspoon has appointed CBRE and Savills to sell The Alexander Graham Bell on Edinburgh’s George Street.
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GI pub ‘targeting wine drinkers’
Ken Stout, president of Goose Island Brewery, has said the group was conscious of not going head to head with British pubs when it launched its Vintage Ale House concept in London.
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Wickwar Wessex lines up three more sites
Wickwar Wessex, the West Country brewery and pub operator, is looking to add a further three sites by the end of the summer.
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Snug Bars co-founder steps down
Snug Bars co-founder Ashley Moore has stepped down from the company to explore new ventures, MCA understands.
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McMullen’s re-opens first ever pub
Hertfordshire family brewer and pub operator, McMullen’s, has re-opened its first ever pub – the Greyhound in Bengeo.
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Ei Group completes cricket club and pub deal
Ei Group has completed the deal to redevelop Ledbury Cricket Club in Herefordshire and invest £400,000 in the adjacent pub.
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NewsWickwar Wessex acquires Cascade pub estate
Wickwar Wessex Brewing Company has announced the acquisition of Wiltshire-based Moles Ales and the six-strong Cascade pub estate.
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GK completes rebrand of London estate
Greene King has converted more than a 100 pubs from the Taylor Walker brand to its core Greene King model, which now makes up half its managed estate.
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GK appoints new group HR director
Greene King has appointed Brakes’ Andrew Bush as group human resources director.
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Marmalade Pubs announces first three sites
Marmalade Pubs, the joint venture between Ei Group and Marylebone Leisure, has announced its first three sites.
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Fuller’s launches new “virtual” Frontier campaign
Frontier, the craft lager from Fuller’s, is to launch a trade and consumer campaign featuring virtual reality (VR) headsets
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City Pub Co takes on Red Lion in Histon
City Pub Company has secured its 34th site, The Red Lion in Histon, Cambridgeshire, MCA has learnt.
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Hippo Inns secures tenth site in Twickenham
Hippo Inns, the joint venture between Rupert Clevely and Enterprise Inns, is set to open its tenth pub next week.
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Analyst corner: Jack on JDW
Leading analyst Douglas Jack at Peel Hunt has changed his recommendation on JD Wetherspoon’s shares from Hold to Reduce
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Locals Club eyes alternative expansion targets
Locals Club is looking at alternative sites to pubs after calling prices in the capital “insane”