Pubs, Bars & Clubs News – Page 3
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Sales of Guinness soar among younger women
Diageo chief executive Debra Crew has said the drink is shaking off its “rugby lad” image, with a 24% rise in the number of women drinking Guinness in Great Britain
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Brakspear acquires two pubs from New Dawn
Two Hampshire pubs, the Rose & Crown near Alton and The Royal Exchange near Bordon will join Brakspear’s 110-strong leased and tenanted estate
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Greene King to hold talks over slavery reparations
The pubco is to hold a meeting with officials from Caribbean nation Kitts and Nevis, who have asked for reparations over Greene King’s founder’s links to slave trade
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Fuller’s: Banning large glasses of wine ‘completely bonkers’
CEO Simon Emeny has said the suggestion that pubs should stop selling large measures of wine to help reduce alcohol consumption is unfounded.
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North Brewing sold to Kirkstall in pre-pack
Craft brewery and bar operator North will continue to be run as an independent under fellow Leeds-based Kirkstall, though its taproom in Birmingham was not included in the deal
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Marston’s launches new partnership agreement
Called Marston’s Partnership, the new agreement is designed to be designed to be more “transparent and reflective of today’s world” of cost pressures
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Mitchells & Butlers chairman reappointment voted through
Almost 30% of shareholders voted against the reappointment of chairman Bob Ivell at the group’s annual general meeting yesterday
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Wetherspoon continues to outperform market
Like-for-like sales were 15.2% up in December 2023, with double-digit growth in the 25 weeks to 21 January 2024
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Breal Group denies interest in ailing North Brewing Co
The London private equity firm has denied it is interested in purchasing North Brewing, should the craft brewer enter administration
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Revolution Bars lowers EBITDA forecasts
Despite strong Christmas trading and the improving like-for-like sales trend through H1, soft January trade - along with higher payroll costs - has led the board to reconsider assumptions of lfl growth
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NQ64 launches new laser quest concept
The venture will see the retro arcade bar group expand its existing site in Digbeth to include a 2,750 sq. ft laser quest arena, with future plans to return to existing sites and improve the offering.
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Unruly Pig named top gastropub
The Suffolk pub triumphed at the Estrella Damm Top 50 Gastropubs yesterday
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Arkell’s increases sales by over 20%
The pub operator and family brewer saw buoyant sales in the year to March 2023, but described the period as ”very challenging” for the pub sector.
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North Brewing ‘seeking investment’ to stave off administration threat
The Leeds-based brewer and bar operator is working with advisors and has commenced a process to seek additional investment, after filing a notice of intent to appoint administrators
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Laine Pub Company delivers ‘credible’ performance
Despite the impact of challenging trading conditions, the 56-strong pub operator reported a rise in revenue to £52.7m in the year to August 2023
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Innovation drives success for The Alchemist
The bar operator reported £59.4m in revenue as it continues to focus on new openings in the UK and overseas, while expanding further in the retail space
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Arc Inspirations toasts record December
The premium bar operator reported like-for-like sales in December 2023 were up 19.9% compared to 2022, as it prepares to debut in Edinburgh while eyeing launches in London, Cardiff, and Liverpool this year
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Red Oak Taverns acquires four pubs from Marston’s
The independent pub company has made its second acquisition deal with Marston’s in the last twelve months, after acquiring three assets in February last year
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Wetherspoon partners with Haven
The first pub under the new agreement will open at Haven Primrose Valley Holiday Park in North Yorkshire in March
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Revolution Bars Group to close eight sites
Despite record festive trading, the group’s younger customers are still being disproportionately hit by the cost-of-living crisis, leading to the “difficult yet ultimately beneficial” step of closing the unprofitable sites