Pubs, Bars & Clubs News – Page 254
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NewRiver completes acquisition of final stake in 202 Marston’s pubs
NewRiver Retail has completed £29m deal to acquire the remaining 50% of the 202-strong pub estate sold by Marston’s in 2013.
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Jack: Fuller’s sales to have remained strong
Leading analyst Douglas Jack at Numis has said that with Fuller’s Q1 trading statement due on Thursday, he expects like-for-like sales to have remained strong
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NewsBatemans to open first two ‘manchise’ sites
Stuart Bateman, managing director of Batemans, has told M&C the company will open its first two sites under its Pub Operator Agreement in the coming months.
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Batemans eyes acquisitions after ‘challenging year’
Lincolnshire-based brewer Batemans is close to securing two new pubs and has started a major refurbishment on its Wainfleet site, the Woolpack.
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Imbiba launches Wright & Bell
Imbiba Partnership, the investment company behind Drake & Morgan and Hamilton & Bond, is launching a new concept called Wright & Bell
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Imbiba bar brands exceed targets
Imbiba Partnership’s city bar brands Darwin & Wallace and Camm & Hooper have both outperformed expectations over the past 12 months as new sites are lined up
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NewsJoule’s reports 19% profit increase for FY14
Joule’s, the Shropshire-based pub brewer and pub operator, has reported a 19% rise in profits for the year to 31 March.
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NewsCity Pub Co opens new Norwich brew house
City Pub Company has opened the St Andrews Brew House on St. Andrews Street, Norwich.
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NewsBrewdog confirms Soho site
Brewdog has confirmed it has secured the former B-Soho unit on Poland Street in London’s Soho
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TCG launches Christmas sales campaign
Managed pub group TCG has launched its Christmas sales campaign, hoping to beat last year’s increase in advance booking s of 10% in London and 20% in the rest of the UK.
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NewsJack: easier comps ahead for Marston’s
Leading analysts Douglas Jack, of Numis, has said he expects Marston’s to continue its pace of growth in the second half of the year, with easier comparisons likely in Q4.
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Judge says pub workers need more protection
Whiting & Hammond has won its two-year battle to clear the name of an employee charged with assault after he was attacked by drunken customers. However, the judge in the case has said it raises concerns over what protections are available to pub workers when dealing with alcohol-fuelled aggression. Duke ...
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NewsThwaites explores new operator agreements
Andrew Buchanan, director of pub operations at Thwaites, has told M&C the company is keen to explore new types of agreements as it seeks to attract more multiple operators.
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NewRiver making ‘significant progress’ on pub estate
NewRiver Retail, the UK REIT specialising in the food and value sector, has reported “significant progress” across its pub portfolio in the first quarter to 30 June.
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M&B sells Cumbria pub to Thwaites
Thwaites has completed the freehold purchase of The Crown Inn, Pooley Bridge, Cumbria, from Mitchells & Butlers.
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Kensington Wine Rooms operator to open third site
The operator of the Kensington Wine Rooms has secured the former Raoul’s Deli site in Hammersmith for its third site, M&C understands.
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Epic Pub Company reveals target locations
Epic Pub Company, the Rockpool investments backed gastropub vehicle, has identified its target locations for its first openings.
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Punch to open seventh Champs
Punch Taverns is in the process of refurbishing a seventh site for its Champs sports bar brand as it continues to explore new formats.
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Consumer spending on hospitality continues to rise
Consumer spending grew 14.8% in restaurants and 12.1% in pubs year-on-year, according to Barclaycard’s latest report
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Pub closure figure remains flat at 29 a week
The latest figures from CGA Strategy have shown the number of net pub closures flat at 29 per week for the last six months.