Pubs, Bars & Clubs News – Page 302
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NewsFY EBITDA up 4% at Brasserie Bar Co
Brasserie Bar Co saw restaurant EBITDA climb 4% to c£5.2m in the 12 months to 29 June 2014
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Davy's eyes South East expansion as lfl continue to rise
James Davy, chief executive of London-based wine bar operator Davy’s, has told M&C Report the “ridiculous” prices in London may mean the company looks to commuter belt towns for expansion.
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Edward: Breaking of the tie represents a fantastic opportunity
The breaking of the tie is going to present a fantastic opportunity for good operators, but many current licensees are going to be found out to be poor retailers
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Star Pubs & Bars announces annual award winners
Star Pubs & Bars has praised its outstanding lessees at its annual awards, with multiple operators scoping a quarter of the gongs.
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Spirit wins apprentice award
Spirit Pub Company has won the Best Apprenticeship Programme at the Training Journal Awards for its Team Leader Development Programme.
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TCG sees 10% hike in Christmas bookings
TCG, the managed pub and bar operator, says advance Christmas bookings are up 10% on last year, with a rise of 20% for sites outside London.
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NewsMarston’s: New concepts, accommodation growth, MRO
M&C Report takes a closer look at today’s results from brewer and pub operator Marston’s and talks to chief executive Ralph Findlay about fledgling concepts set to be rolled out, plans for growth in accommodation, how MRO may force other pubcos to follow Marston’s model and his wishlist to Government.
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Oxford club sold to developer
The freehold of Wonderlounge, a late-night bar and club in Banbury Oxford, has been sold by Max Bars ltd to a private developer for £400k
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Barons says new Spirit lease model shows best of pubcos
Clive Price, managing director of Surrey-based Barons Pub Company, has said his latest site with Spirit under a new style of leasehold proves pubco/tenant relationships can benefit both sides.
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Food safety "highest priority" for M&B following
Managed pub operator Mitchells and Butlers (M&B) has insisted food safety is the company’s “highest priority” following its conviction of a food hygiene offence which led to the death of a customer
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ETM to focus on larger sites following “buoyant” year
ETM Group, the London-based gastropub operator led by Tom and Ed Martin, has completed its disposals as it focuses on larger sites, including its microbrewery in Ealing and a second Botanist, M&C Report has learnt
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Darby: Politicians have a poor record in terms of intervention
On the back of the vote to introduce a market rent only option, Alistair Darby, chief executive at M&B has said that politicians have a poor record in terms of intervention in the sector
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Rum Kitchen lines up third site
Icarus Leisure has applied to open a third site under Rum Kitchen, its Caribbean restaurant and bar concept, in Brixton
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Marston’s Destination and Premium lfls up 3.1% for FY2014
Marston’s has reported like-for-like sales up 3.1% year on year in its Premium and Destination arm for the 52 weeks to 4 October 2014.
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Stonegate grows Popworld to 13 sites
Stonegate will open its 13th Popworld site on Friday with a grand opening in Bristol.
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Next ETM site to include microbrewery
The next opening from the ETM Group, the Ealing Park Tavern, will include its own microbrewery
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NewsMRO option to impact pubco’s income in medium term
Plans to give tenants of tied UK pubs the option of just paying a market-rate rent are likely to hit pubcos’ net income in the medium term, according to Fitch
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Tiger Bills to open two pub kitchens
Tiger Bills, the Lifestyle Hospitality Group Thai-grill restaurant is opening its first pub kitchen sites as part of plans to franchise the concept into existing businesses, M&C Report has learnt
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Punch offers allergen advice to tenants
Punch Taverns has reminded licensees that it is offering help with implementation of the new allergen laws.
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D-R London opens second site
D-R London, the team behind Clerkenwell pub The Blacksmith & The Toffeemaker, will look to expand further in the future having opened a second site in London’s Stoke Newington, called 125 Church Street, M&C Report has learnt