Pubs, Bars & Clubs News – Page 31
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The Alchemist to open first international site next year
The cocktail bar and restaurant group has confirmed plans to open a site in Potsdamer Platz, in Berlin
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Fuller’s sees revenue up 45% for the half-year
The premium pub and hotel operator said it had achieved good momentum, with like-for-like sales still seeing double-digit growth in the first seven weeks of H2 2022, and strong growth in central London, despite the challenging macroeconomic environment.
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Heineken announces significant price hikes
The brewer has announced it will be increasing the price of its beer and cider by more than 15% after Christmas due to ‘unprecedented cost pressures’.
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Fuller’s acquires two new pubs
The premium pub and hotel operator has completed on De La Hayes, in Bourton on the Water, and The Rising Sun, in Wootton.
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Wetherspoon to open new £3m pub at The O2
JD Wetherspoon has announced it will be investing almost £3m in a new pub called The Stargazer at the London entertainment venue
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JD Wetherspoon confirms further pub disposals
The pub operator has appointed CBRE and Savills to sell seven further pubs, in addition to the 32 already on the market.
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BBPA makes last ditch plea for duty freeze
The trade body has written to Chancellor Jeremy Hunt asking him to reconsider reinstating the freeze on beer duty as costs continue to rise for consumers resulting in a softening of beer sales
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JDW sees like-for-like growth above 2019 levels
The pub company achieved a 9.6% increase in like-for-like (lfl) sales in the first 14 weeks of the financial year, versus 2021 figures, with lfl growth of 0.4% on 2019 levels.
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The Alchemist secures York site
The bar and restaurant group is set to open its first site in York, next year, after securing a 5,000 sq ft space at The Coach House building in the city.
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Expanded net zero roadmap for brewers
The British Beer and Pub Association and Zero Carbon Forum have today published the extended, targeted, roadmap for the brewing sector, as the COP27 summit kicks off in Egypt.
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JDW appoints new nomination committee chair
Ben Thorne joins as chair of the pub company’s nomination committee, taking over from Sir Richard Beckett, who retires from the board on 17 November 2022.
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Star Pubs exploring ‘work from pub’ packages
The Heineken-owned pub company said just over half (55%) of home workers would be open to working from a pub, according to its latest consumer sentiment survey.
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Industry set to lose 1 in 3 nightclubs
The recent crisis could cause nightclub closures to accelerate to 1 in 3 by the end of 2022, according to the Night Time Industries Association
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Young’s makes further acquisitions
Young’s has announced the acquisition of two new pubs: The Griffin Inn in Fletching and The Carpenter’s Arms in Tonbridge
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Thorley Taverns: ‘We’re getting kicked every which way’
The 18-strong pub operator has faced 400% increases in utilities bills and sold the freehold for one of its pubs to cover costs
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Public calls on government to support pubs
Around 12 pubs are closing each week amid escalating costs, with the Long Live the Local campaign calling for government support on alcohol duty, business rates and VAT
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Inn Collection Group acquires further Welsh hotel
The Inn Collection Group has acquired the St Kilda Hotel in Llandudno, Wales, to add to its growing estate of pubs with accommodation
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Revolution Bars Group is back in the black
The group turned around a £26.3m loss in 2021 to report a profit before tax of £2.1m in the 52 weeks to 2 July 2022, but recent sales have been hit by falling consumer confidence
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Fuller’s launches bespoke campaign attract older workers
The pub and hotel operator has launched a recruitment campaign with Rest Less, a community for people in their 50s or older
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Revolution Bars Group acquires Peach Pub Company
The operator of the Revolution and Revolucion de Cuba brands has acquired the 21-strong operator of premium food-led pubs for a consideration of £16.5m as it looks to diversify its growth strategy.