Pubs, Bars & Clubs News – Page 291
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Marston’s to convert two more sites to Revere
Marston’s plans to convert two more pubs to its up-market Revere format, M&C Report understands.
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Harvester new build set for Abingdon
Mitchells & Butlers has acquired land in Milton Gate retail park in Abingdon, South Oxfordshire to build a new Harvester restaurant that is due to open mid-2015 as part of its expansion plans
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Tim Martin: JDW offers UK's most premium offer
Tim Martin has told M&C Report that JD Wetherspoon has the UK’s “most premium offer” and insisted that a VAT cut is “100 times more important” than any other campaign facing the sector.
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Luminar secures new Basildon site
Luminar is to spend £3m on a new site in Basildon, M&C Report has learnt.
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Thorley Taverns poised for growth in 2015
Phil Thorley, operations director at Thorley Taverns, has told M&C Report that the Kent-based pub, restaurant and hotel group, is poised for growth again.
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Marco Pierre White pubs go into administration
Four pubs trading under Marco Pierre White’s name have gone into administration, according to press reports.
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Pubs and bars fourth best performer at stations
Christmas retailing across Network Rail managed stations was the busiest ever with lfls growing by 10.7% with pub and bars being the fourth best performing category
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Intertain to undergo restructuring
Intertain, the operator of the Walkabout brand, is to undergo a restructuring, which will include a Company Voluntary Arrangement (CVA), and has aleady seen a reduction in its debt levels
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Spirit Leased to rollout turnover-based rent deal
Spirit Leased is to make its turnover-based rent deal the norm for new tenants and lessees as the company looks to move “from the Premier League to the Champions League”
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Brewhouse & Kitchen secures sixth site
Brewhouse and Kitchen, the Enterprise Investment Scheme (EIS) backed venture, has secured its sixth site and second in Dorset
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Brumby: JDW momentum has faltered
Leading analyst Mark Brumby at Langton Capital has said that JD Wetherspoon’s Q1 represented a strong performance in terms of sales
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Ramsay loses pub rent legal dispute
High-profile chef Gordon Ramsay has lost a high court battle relating to the lease of the York and Albany pub in north London following a dispute that his father-in-law forged his signature
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Pubs at risk of summary review following single violent incident
Licensed premises are at risk of being taken to a summary review on the basis of just one violent incident, following a High Court precedent case
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Jack: Prepare for chart break-out from Fuller’s
Leading analyst Douglas Jack at Numis has said that he expects Q3 like-for-like sales at Fuller’s to have remained strong
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Big Lottery Fund to continue support for Pub is the Hub project
Pub is The Hub has secured another three years of support from the Big Lottery Fund for its Reaching Communities programme.
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The Seafood Pub Company confirms seventh site
The Seafood Pub Company has confirmed its seventh pub site in West Lancashire to reopen at Easter following refurbishment
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JDW lfls up 2.8% in Q2
JD Wetherspoon saw like-for-like sales rise 2.8% for the 12 weeks to 18 January with the figure falling to to approximately 2% in December and slowing further in the last fortnight.
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St Austell to open first standalone Brewer & Bean coffee shop
St Austell, the Cornish brewer and pub operator, is planning to open standalone coffee shops after the success of its Brewer & Bean format within its managed pubs, M&C Report has learnt.
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Robinsons first managed pub to open next week
North-west based brewer and pub operator Frederic Robinson is to unveil its first managed pub next week, M&C Report has learnt.
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Jack: M&B update to be “reasonably upbeat”
Leading analyst Douglas Jack at Numis says he expects Mitchells & Butlers’ AGM statement, which is due on 29 January, to be “reasonably upbeat”