Pubs, Bars & Clubs News – Page 28
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NewsRed Oak Taverns acquires pub from McMullen’s
The company has made its fourth single site acquisition this year, and is seeking further acquisitions as it continues to grow its estate
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NewsWetherspoons’ row with AB InBev could jeopardise supply of Stella Artois
The legal row lifts the lid on a pricing dispute between one the UK’s largest pub chains and the world’s biggest brewer, The Sunday Times reports
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NewsBrewDog shuts two more pubs
The craft beer brand has closes its Clapham and Brixton branches, following previously announced closures in Peterhead, Aberdeen; Smithfield Market, Dalston, Old Street and Motherwell
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NewsOpenings of the week
MCA rounds up the biggest openings stories of the week, featuring The Wolseley City, JD Wetherspoon, The Real Greek and more
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NewsBBPA warns of ‘cliff edge’ for many pubs
Pubs across the country will be hit with a significant increase in energy costs from 1 April, with the average bill to go up by more than £18k a year, the trade body has warned
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NewsOpenings of the week
MCA rounds-up the latest openings stories from the past week, featuring Marugame Udon, JW Lees, Incipio Group and more
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NewsThe Alchemist makes senior promotions
David Oxtoby has been promoted to director of operations, while Michelle Gandy has been made director of finance, as the business gears up for international expansion
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NewsMarston’s markets 61 freehold pubs
The assets are a selection of non-core properties, include a mix of leased, tenanted, retail and managed pubs
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NewsThorley Taverns sees revenue double
The Kent-based hospitality company saw turnover increase from £6.7m in 2021, to £13.4m for the full year to 30 June 2022.
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NewsPubs can stay open later for King’s Coronation weekend
Pubs, bars and clubs in England and Wales will be able to serve customers until 1am between Friday 5 and Sunday 7 May
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News2,000 pubs at risk of closure without Budget support
The BBPA has called for sector support following research that estimates 288 million fewer pints will be sold in 2023/24, potentially causing 2,000 site closures
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NewsInn Collection to reopen 12 sites
After the completion of its refurbishment programme, the group’s estate will number 32 sites while it looks to recruit nearly 1,000 new employees
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NewsStonegate offers to change non-compliant rent review terms in MRO agreements
Around 70 market rent only (MRO) lessees have received an offer from Stonegate to remove the upward only open market rent review from their agreement when combined with an RPI linked rent review
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NewsWells & Co targeting £15m EBITDA by 2028
The independent brewer and pub operator reported an 81% increase in revenue from continuing operations, to £55.2m, for the year ended 2 October 2022.
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NewsJDW donates to healthcare provider as part of apprenticeship levy
The pub chain has donated £200,000 to home healthcare provider Cera to fund frontline healthcare apprenticeships
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NewsBrewDog partners with Budweiser China
The craft beer company will expand its estate and production in China as part of the deal, which will see it move its focus away from the UK for expansion
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NewsHeavitree returns to profit despite cost headwinds
The Devon-based pub company and brewer said it had achieved a “satisfactory performance” in the face of cost pressures which have included multiple wholesale beer price increases.
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NewsStonegate launches Pub Partners platform as part of £10m investment
The new platform will offer publicans ideas and advice on how to grow sales, reduce operating costs and run a successful business.
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NewsNearly one-third of nightclubs lost since pandemic
Almost 30% of UK nightclubs have been lost, highlighting the urgency of support required by the sector, according to the Night Time Industries Association
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NewsNight time economy losses less severe than predicted
Independent businesses have nevertheless been disproportionately impacted, the Night Time Industries Association’s summit heard yesterday