Pubs, Bars & Clubs News – Page 332
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Adnams pub disposals to continue
Adnams, the Suffolk-based brewer and pub operator, will focus on brewing and distilling rather than its pub estate as its reasons for owning pubs “are diminishing”, Jonathan Adnams told M&C Report
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Marston’s outlines Scottish expansion
Marston’s, the brewer and pub operator, is opening six new sites in Scotland this year to bring its estate north of the border to 11
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Co Derry nightclub receives £1.5m makeover
A nightclub in Co. Derry, Northern Ireland is reopening this week after a £1.5 m refurbishment by its owners Henry and Teresa McGlone, who have run Dorman’s and The Opera for 28 years
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Loungers to reach 50-site milestone
Loungers, the Piper-backed café/bar operator, has said like-for-like sales across the group increased by 9.3% in July as it prepares to open its 50th site, Como Lounge in Witney, Oxfordshire
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Pub owners 'increasingly flexible' on rents
Landlords’ increasing flexibility with their asking rents and terms could help boost the attractiveness of pubs to potential buyers, according to property experts
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Smithfield Market pub on the market
The tenancy of a well-known pub located beneath the Poultry Hall of Smithfield Market in the City of London has been placed on the market
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Pub sector urged to give views on EU Alcohol Strategy
The House of Lords is urging the pub sector to give its views on a new EU Alcohol Strategy
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TCG to take part in Tax Equality Day
TCG, the managed pub and bar operator, has said it will take part in Tax Equality Day on 24 September as part of the campaign to reduce VAT for the sector to 5%
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Stonegate opens tech-friendly pub
Stonegate, the managed pub operator, has opened a technologically-advanced pub in Epsom, Surrey, to appeal to students and workers, GetSurrey reports
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Prospect Inns eyes expansion
Prospect Inns, the sister pub business of Lancashire-based Prospect Brewery, is to open a bar located within a railway arch as it looks to grow to around half a dozen sites, M&C Report has learnt
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Ex-D&M managers to launch bar venture
Two former Drake & Morgan managers are to start a new bar venture with the opening of a “neighbourhood cocktail and snack bar” in Brixton, south London, M&C Report’s sister title the Publican’s Morning Advertiser has learnt
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McMullen’s launches pizza pub concept
Hertfordshire brewer and pub operator McMullen’s has launched a pizza pub concept at The Angels pub in Hitchen, Hertfordshire
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Tenanted performance holds back Adnams
Adnams, the Suffolk brewer and pub operator, has reported a 29% rise in operating profit to £862,000 in the six months to 30 June, although results were held back by the “less good trading” within the tenanted pub estate
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Whiting & Hammond signs up to Tax Equality Day
Whiting & Hammond, the Kent-based multiple pub operator, has pledged its support for Tax Equality Day on 24 September
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Minimum pricing ‘would have no effect on pubs’
Two new studies have given support for minimum alcohol unit pricing, with one academic accusing the Government of a “lamentable failure to take action”
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Maclay eyes craft beer expansion; FY loss
Scottish pub and bar operator Maclay Group is looking to add a craft beer offer across its 26-strong estate, managing director Steve Mallon has told M&C Report as the company reports a pre-tax loss of £169,895 in the 16 months to 1 February 2014
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Bar Sport grows pipeline
Bar Sport, the sports-focused bar brand run under franchise, has lined up further openings in Derby, Portsmouth and Southampton and is considering launching two venues under a managed format, M&C Report has learnt
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Analyst corner: Jamie Rollo at Morgan Stanley
Jamie Rollo at Morgan Stanley comments that tenanted pub operators are seeing their sales performance gap close with their managed counterparts
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Rollo: Trading across Spirit Leased to be solid
A leading analyst has said that expects Q4 trading at Spirit to have slowed across its managed pubs in-line with other operators
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Brewhouse & Kitchen in talks on Bristol opening
Brewhouse & Kitchen is understood to be in talks to secure a third site for an opening later this year in Bristol