Pubs, Bars & Clubs News – Page 26
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Book your tickets to MCA’s Pub Conference
Headline speakers include JD Wetherspoon’s chairman Tim Martin, Sarah Willingham, CEO, Nightcap and Stonegate chairman and founder Ian Payne
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The Alchemist to build presence in London
The bar and restaurant group has lined up two locations in the capital, near busy transport hubs, and is committed to locations that “will really sing” CEO Simon Potts tells MCA
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Admiral invests £1m in Proper Pubs
The community pub division, which has more than 170 sites across Britain, has invested the funds in four pubs in Middlesbrough, Harlow, Preston and Wigan
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Young’s overcomes cost pressures to deliver profit growth
Revenues increase 19.4% to £368.9m, boosted by sunshine, the winter World Cup, and the recovery of the City and central London
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BrewDog to roll out across air and rail hubs
The deal with SSP will see the craft beer company open in Gatwick Airport in December
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Full agenda revealed for MCA Pub Conference
Hear from BrewDog, Punch Pubs & Co, Admiral Taverns, Oakman Group, Rekom UK and many more at the event at the HAC London on 20 June.
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Grace Land buys London Fields Brewery site
The London based pub operator will launch new concept taproom and brewery concept Saint Monday at the Hacknew site
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Mitchells & Butlers reports strong half-year growth
The pub and restaurant group reported like-for-like sales growth of 8.5% for the 28 weeks ended 8 April 2023, and profit before tax of £40m.
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Marston’s: Costs and confidence steadily improving
The pub company has delivered revenue and operating profit growth, against a tough but increasingly stable macroeconomic environment
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Punch sees half year revenues up, but profits down
The group has reported an uplift in revenue to £158.1m for the 28 weeks to 26 February 2023, with a stronger performance in the second quarter compared to 2022
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Stonegate’s Suzanne Baker to step down as commercial director
Baker has announced her intention to retire from her current role and will take on a role on the board as a non-executive director.
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Urban Pubs & Bars confident it can ride out the storm
The group has seen strong like-for-like trading of +13% in FY22/23 and is actively looking for additional sites to add to its London-based pub, bar and restaurant estate
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Pub shares tipped for a royal boost from the Coronation
Analysts predict Fuller’s, Mitchells & Butlers, J.D. Wetherspoon and Fever Tree will do well out of the special Bank Holiday weekend
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Openings of the week
Arc Inspirations, Fat Hippo, Sticks ‘n’ Sushi and the reopning of the Bellanger are among the top stories this week
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Innovative customer experiences at The Pub Conference
The leaders of Laine Pub Company, The Alchemist, Darwin & Wallace and Inception Group will discuss the experiential elements of their venues
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NQ64 secures £10m facility for share buyback and expansion
The arcade bar operator has secured support from alternative lender ThinCats to buyback Imbiba’s minority shareholding
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Black Sheep Brewery to appoint administrators
The North Yorkshire brewer and pub operator has been unable to secure new investment after being hit hard by the pandemic and rising costs
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Heineken to invest £40m in pub upgrades
Around 570 sites in the Star Pubs & Bars estate are due to benefit from investment, with a key focus on its neightbourhood locals as more pubgoers are choosing to visit a pub that is closer to home
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Calls for VAT cut to halt string of nightclub closures
Ten nightclubs are closing every month in Britain as pressures continue to weigh on the sector, The Times reports
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No food and cheap beer fuel pubs chain’s growth
A northern pubs company is bucking a national trend of closures by acquiring locals that are close to calling last orders or are already boarded up, The Times reports