Pubs, Bars & Clubs News – Page 150
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Puma updates on Hot Copper & Derby Pub Co investments
Puma Investments has updated on its franchise agreement with Brewhouse & Kitchen called Hot Copper
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JDW PBT likely to be 2%-3% higher than expected
Leading analyst Simon French, of Cenkos, has suggested that JD Wetherspoon is likely to report full-year pre-tax profits up 2-3% on expectations.
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Craft breweries filling void of pub closures
Craft brewers are creating jobs for local communities, filling the void left by community pub closures, and raising hundreds of thousands of pounds for local charities.
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Hawthorn abandons Stone & Taps concept
Hawthorn Leisure has abandoned its student-focussed Stone & Taps concept, MCA has learnt.
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CMA rules on Punch/Heineken deal
The Competition and Markets Authority has said Heineken’s proposed acquisition of 1,900 Punch pubs would reduce competition in 33 local areas.
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Bulkin steps down from Hawthorn board
Noah Bulkin, founder of May Capital, has stepped down from the board of Hawthorn Leisure as he focuses on the Patron Capital deal to acquire half the Punch estate, MCA understands.
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NewsEmeny of the people
MCA talks to Fuller’s chief executive Simon Emeny about the group’s continued drive to promote from within; the overhaul of its tenanted estate – including new agreements; the strategy in terms of acquisitions and disposals and the roadmap for taking full control of the Stable next June.
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GK pledges help for terror victims
Greene King has pledged its support for the British Red Cross’ campaign to help those affected by the London terror attack last weekend.
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Merchant House Group launches second site
Merchant House Group, the bar business led by Nate Brown and Lewis Hayes,, has launched its second site in the capital
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Banks made permanent CEO at We Are Bar
We Are Bar Group, the operator of the Jamies and Smollenskey brands, has appointed Ian Banks as chief executive on a permanent basis.
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Fuller’s FY managed lfls up 3.7%
Fuller’s has reported like-for-like sales in its managed division up 3.7% the year to 1 April.
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NWTC strengthens acquisitions team
The New World Trading Company has announced that acquisition manager Theo Fordham will now take the lead on new opportunities.
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Hawkes opens London’s first urban cider mill and taproom
Cider producers Hawkes has opened London’s first urban cider mill and taproom.
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Food & Fuel looks to expand Frontier's estate
Food & Fuel plans to add a further two sites to Frontier Pubs, the company’s joint venture with Ei Group’s Managed Investments
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Revolution Bars trials new recruitment method
Revolution Bars Group is trialling a new recruitment strategy aimed at pre-selection of the most suitable candidates for new roles.
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Birley plans to open Oswald’s in Mayfair
Entrepreneur Robin Birley is set to open a new restaurant and wine member’s club in Mayfair next year
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Hinds Head’s Love joins Noble Inns
Kevin Love, the former head chef at Heston Blumenthal’s The Hinds Head, is working with Noble Inns across its five-strong gastropub estate, MCA understands.
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NewsThwaites pre-tax profits up 19%
Thwaites, the Lancashire-based pub operator, has reported turnover from continuing operations up 4% to £84.4m for the year to 31 March 2017.
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NewsDeltic eyes 30 Bar & Beyonds
Deltic Group chief executive Peter Marks has told MCA he sees the potential for the Bar & Beyond format to grow to between 20 and 30 sites.
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Stonegate investment package sold for £23m
A package of 13 freehold pubs has been sold off-market by Aprirose Real Estate Investors to BlackRock, in an off-market deal, for £23m.