Pubs, Bars & Clubs News – Page 203
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NewsYoung’s: Staying ahead of the pack
Following his final full-year results announcements as chief executive of Young’s, Stephen Goodyear speaks to MCA about how the group continues to outperform the market and whether its impressive like-for-like growth is sustainable.
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Laine launches pub pop-up format
Laine Pub Company has launched a new pub pop-up format which will see it partner with craft breweries.
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Punch strengthens accommodation team; revamps menu offer
Punch is planning to strengthen its accommodation team ahead of the imminent rollout of its new retail format, MCA has learnt.
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Marston’s: New-build strategy; accommodation and price increases
Marston’s chief executive Ralph Findlay speaks to MCA following the company’s results for the six months to 2 April.
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Intertain secures Coventry site
Walkabout operator Intertain has completed on the lease of The Establishment Bar & Grill in Coventry.
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H1 lfls down 1.6% at M&B
Mitchells & Butlers (M&B) has this morning reported an overall like-for-like sales decline of 1.6% in the six months to 9 April 2016
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NewsYoung's FY managed lfls up 5.6%
Young’s saw like-for-like sales in its managed division grow 5.6% in the year to 28 March, with total sales up 5.6%.
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Takeaway of growing importance to Harry Ramsden’s Pubs
Harry Ramsden’s head of pub operations, Gavin Mansfield, has told MCA the takeaway element of the group’s joint venture with Punch will be a key part of the offer going forward.
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Kolvin’s manifesto for nighttime economy
Shops, doctor’s surgeries and libraries opening one night per week is one suggestion from a new strategy to re-energise the nighttime economy.
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NewsPeach secures £9.5m expansion fund
Peach, the Midlands based pub operator, has secured a £9.5m refinancing as it seeks to grow from 17 to 22 sites.
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NewsETI: Pubs code delay; Tenancy Plus and managed growth
Enterprise Inns chief executive Simon Townsend talks to MCA on the back of the group’s performance in the first half of this financial year.
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Upham Group eyes growth to 30 despite IPO delay
Upham Group finance director Robb Harris has told MCA the company will still target a doubling in size within three years following its delayed IPO.
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Sale of Wolverhampton Yates’s reflects yield of 6.9%
The investment sale of Yates’s, 34 Queen Square, Wolverhampton, saw the property sell for £3.625m to Cannon Street Capital
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PMA launches Pub Skills Summit
The Publican’s Morning Advertiser (PMA) has launched an exciting new event as part of its focus on pub sector training and careers.
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GK rolls out Fever-Tree partnership
Greene King is extending its partnership with Fever-Tree to supply mixers and tonics across its tenanted and leased estate.
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Novus venues chosen for London Wine Week
Three Novus Leisure venues have been chosen as part of the 133 sites taking part in London Wine Week.
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NewsMarston’s H1 lfls up 3% in managed and franchised
Marston’s has reported like-for-like sales growth of 3% across its managed and franchised pubs in the six months to 2 April.
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Deltic will make decision on IPO post referendum
Deltic Group chief executive, Peter Marks, has told MCA that the EU referendum makes it impossible to tell if an IPO is the right route for the late-night operator when it seeks re-investment next year.
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Upham postpones IPO plans
Upham Group, the Hampshire-based brewer and pub operator, has put its plans for a stock market flotation on ice