Pubs, Bars & Clubs News – Page 18
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Oakman to demerge Seafood Pub Company
The ten-strong pub concept, which was acquired out of administration in 2021, will continue under the sole ownership and direction of former Oakman CEO Dermot King
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Arc Inspirations, ETM Group and Regional Taverns partner with the NFL
The venture will see the three sports-led hospitality operators offer fans watch parties, activations and competitions to bring in-stadium entertainment to the bar
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Schofield’s tops Top 50 Cocktail Bars
The Manchester bar, which is run by brothers Daniel and Joe Schofield, topped the annual list having been a regular on it since opening in 2021
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Wetherspoon hits back against ‘ongoing decline’ claim
The pubco characterised the statement as ’absurd’ after a TimeOut article claimed the company is in ‘ongoing decline’
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Rekom UK closes 17 venues
Following a pre-pack deal, the company’s “strong core estate” comprises 23 venues, including 10 bars and 13 nightclubs, focusing on the strongest performing brands such as Heidi’s Bier Bar and Proud Mary
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The Alchemist receives £15m loan from OakNorth
The loan will support the rollout of new sites and refinance existing debt, as the cocktail bar group looks to open 10 new sites over the next three year
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Urban Pubs & Bars poised for further growth
The London-based pub and dining group reported a 17% increase in like-for-like sales, having doubled the size of its business over the past two years
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Brighton Pier Group to sell Coalition nightclub
The seafront nightclub will be sold as part of a simplification process to reduce the number of companies in Brighton Pier Group’s bars division
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Proper Pubs to launch first mid-market offer
The community operator division of Admiral Taverns will launch a new concept that entails a coffee offering, along with snacks, craft lager, and an extensive wine list
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Sales of Guinness soar among younger women
Diageo chief executive Debra Crew has said the drink is shaking off its “rugby lad” image, with a 24% rise in the number of women drinking Guinness in Great Britain
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Brakspear acquires two pubs from New Dawn
Two Hampshire pubs, the Rose & Crown near Alton and The Royal Exchange near Bordon will join Brakspear’s 110-strong leased and tenanted estate
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Greene King to hold talks over slavery reparations
The pubco is to hold a meeting with officials from Caribbean nation Kitts and Nevis, who have asked for reparations over Greene King’s founder’s links to slave trade
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Fuller’s: Banning large glasses of wine ‘completely bonkers’
CEO Simon Emeny has said the suggestion that pubs should stop selling large measures of wine to help reduce alcohol consumption is unfounded.
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North Brewing sold to Kirkstall in pre-pack
Craft brewery and bar operator North will continue to be run as an independent under fellow Leeds-based Kirkstall, though its taproom in Birmingham was not included in the deal
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Marston’s launches new partnership agreement
Called Marston’s Partnership, the new agreement is designed to be designed to be more “transparent and reflective of today’s world” of cost pressures
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Mitchells & Butlers chairman reappointment voted through
Almost 30% of shareholders voted against the reappointment of chairman Bob Ivell at the group’s annual general meeting yesterday
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Wetherspoon continues to outperform market
Like-for-like sales were 15.2% up in December 2023, with double-digit growth in the 25 weeks to 21 January 2024
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Breal Group denies interest in ailing North Brewing Co
The London private equity firm has denied it is interested in purchasing North Brewing, should the craft brewer enter administration
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Revolution Bars lowers EBITDA forecasts
Despite strong Christmas trading and the improving like-for-like sales trend through H1, soft January trade - along with higher payroll costs - has led the board to reconsider assumptions of lfl growth
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NQ64 launches new laser quest concept
The venture will see the retro arcade bar group expand its existing site in Digbeth to include a 2,750 sq. ft laser quest arena, with future plans to return to existing sites and improve the offering.