Pubs, Bars & Clubs News – Page 305
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Chef Claude Compton to open Fulham pub
Former Petersham Nurseries chef Claude Compton has told M&C Report he would look to open more pubs if his initial site in Fulham is a success.
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H1 PBT up 24% at Thwaites
Thwaites, the Lancashire brewer and pub operator, has reported a 24% increase in pre-tax profit for the six months to 30 September 2014.
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BHA welcomes favouritetable.com as new partner
The BHA has announced a new partnership with favouritetable.com, an online restaurant bookings engine for restaurant and pub operators
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MPs vote for market rent only option in pubs code
MPs have voted to include a market rent only option for tied tenants in the pubs code following a passionate debate in the House of Commons
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Enterprise converting failing pubs into shops
Enterprise Inns has revealed it has converted 22 pubs to convenience stores and will continue to look at this operating model as an alternative to disposals.
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Be At One appoints property director
Be At One, the Piper-backed cocktail bar chain, has appointment experienced property professional Chris James as its new property director
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Fitch raises outlook on Wellington
Ratings agency Fitch has raised its outlook on Wellington Pub Company which it said reflected a slowdown in the underlying pubs’ EBITDA decline and the UK’s improving economy
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Penthouse operators up to five
Interguide, the Bedfordshire-based nightclub and bar operator, opened its fifth site at the weekend in Milton Keynes
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Analyst corner: Brumby on current trading environment
Leading analyst Mark Brumby at Langton Capital says that trading is still no walk in the park, with more discounting evident
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Redemption Bar to open Holborn pop-up
Redemption, the dry bar concept, is opening a pop-up in Holborn to support Dry January.
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Keith Bott: Pubs are the original social network
Titanic Brewery managing director Keith Bott has said pubs need to see themselves as “the original social network” and focus on getting lapsed customers out of the living room and back to the bar.
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ETI reports 1.4% rise in lfl net income for full year
Enterprise Inns has reported like-for-like net income growth of 1.4% for the year ending 30 September – up 0.5% in the final quarter.
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Former nightclub to be JDW’s fourth Republic of Ireland pub
Managed pub operator JD Wetherspoon has secured its fourth site in the Republic of Ireland.
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Jack: M&B in need of a spark
Leading analyst Douglas Jack at Numis says Mitchells & Butlers (M&B) needs to clarify how it is going to generate LFL sales and margin growth
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Pesto secures lease on Marston’s pub in Lancashire
Pesto Restaurants has secured the lease of a Marston’s pub to open its first site in Lancashire.
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Slug & Lettuce rolling out updated brunch menu
Slug & Lettuce has updated its brunch menu and has begun rolling it out across all of its sites as part of its evolution of the brand.
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Inception Group: Strive for originality
Original concepts and staff are important for success, according to the Inception Group.
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Pubs are adapting for Generation Y
Pubs are turning into casual dining venues in a bid to appeal to Generation Y, according to Geronimo Inns.
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Lack of debt funding is biggest barrier to growth, says Evan-Evans’ Buckley
Simon Buckley, chief executive of Evan-Evans, said the biggest challenge for small pub companies in growing their estate was the difficulty of securing debt funding.
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Bath Ales to open Beerd pop-up at ice rink
Bath Ales will open a pop-up of its craft beer format, Beerd, at the Clifton on Ice experience in Bristol on Thursday 27 November.