Pubs, Bars & Clubs News – Page 268
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News
Cocktail bar operator to grow pub estate
The new owner of the Chesham Arms in Hackney is planning to open a further five to six venues over the coming two years after refurbishing and re-launching the pub that was at the centre of a resident’s campaign to save it as an asset of community value
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NewsYoung’s to roll-out Burger Shack
Young’s pub company is planning to roll-out more than 20 Burger Shacks across its pub estate following introduction of the fast casual offering at The Windmill in Clapham and The Bull in Streatham, retail director Patrick Dardis told M&C Report
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NewsArcher Street creates festival pop-up
Soho’s Archer Street Bar is transforming into a festival themed pop up as part of its Summer of Music summer theme inspired by European festivals
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NewsETI: 850 managed pubs and 1,000 property assets by 2020
Enterprise Inns has announced that by 2020 it expects to have a managed estate of 750-850 pubs and a commercial property business with around 900-1,000 assets.
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NewsCMA reveals verdict on GK/Spirit deal
The Competition and Markets Authority has found Greene King’s proposed acquisition of Spirit Pub Company raises competition issues in “a small number of areas”.
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NewsJDW threatens legal action over meal deal copyright
JD Wetherspoon has threatened to take legal action against competitors including Stonegate, Greene King, Whitbread and Mitchells & Butlers over meal deals which it says are infringing its copyright.
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News
PRS for Music revenues up 1% in 2014 to £664m
Combined PRS and MCPS royalty income hit £664.3m in 2014, an increase of 1% on the previous year, despite a continuing decline across pubs and clubs
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NewsBar Sport in talks for Greene King link-up
Bar Sport, the sports-focussed franchised bar brand, is in negotiations with Greene King over a trial at a site near Nottingham, M&C Report understands. Founder Scott Murray told M&C Report he was in talks with Greene King over converting The Commercial Inn, Beeston, into a bar Sport to be run ...
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NewsTim Martin: Election; discounts; coffee wars and GK/Spirit impact
JD Wetherspoon chairman Tim Martin has backed the incoming Conservative Government as good for the pub sector but said coalition politics helped to create a more measured legislative programme.
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NewsJoule’s reports ‘best ever year’
Shropshire brewer and pub operator Joule’s has recorded its best ever sales year, managing director Steve Nuttall has told M&C Report.
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NewsRevolution Bars signs £100m contract with Matthew Clark
Newly-listed Revolution Bars Group has agreed a new supply deal with Matthew Clark worth over £100m.
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News
Secret Cinema to launch nightclub
The organisers of the Secret Cinema concept have announced they are launching the first Secret Nightclub.
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NewsTCG drops televised sport in smaller venues
TCG is reducing the number of its pubs showing Sky and BT Sport because the spiralling costs are outweighing the resulting impact on sales, chief operating officer Nigel Wright has told M&C Report.
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NewsMagnall: I can see 50 St Peter's pubs
Steve Magnall, the newly appointed chief executive of Suffolk-based brewery St Peter’s, told M&C Report he thinks the company has scope to grow a pub estate of 50 branded St Peter’s pubs
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News
McManus to raise £2m EIS funding for three sites
McManus, the Northampton-based pub operator, is raising £2m through EIS funding backed by Radius Equity to form a new company called McManus Pub Co Ltd to purchase and refurbish three pubs
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News
Whiting & Hammond to invest £750k in eighth site
Whiting & Hammond, the gastropub operator, has confirmed its acquisition of the Blue Ball in Walton on the Hill in Surrey, which it has said will be the first of two new sites added this year
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News
Brains to open Cardiff craft beer site
SA Brain, the Welsh brewer and pub operator, is to re-open its Kitty Flynn’s site in Cardiff as a craft beer bar.
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NewsTCG submits three-year business case to owners
Nigel Wright, chief operating officer of managed pub and bar company TCG, has told M&C Report the company is continuing to keep pace with its rivals despite the disparity in the levels of investment.
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News
Jack: Expect gradual progress from M&B
Leading analyst Douglas Jack, of Numis, has said he expects to see gradual progress from Mitchells & Butlers when it reports its H1 results next week.
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NewsGK/Spirit deal could spark more consolidation
Should Greene King’s acquisition of Spirit Pub Company be approved by the Competition & Markets Authority next week, it is likely to create “a new league of two” in the pub sector.