Pubs, Bars & Clubs News – Page 370
-
News
Jack reiterates Buy for Spirit
Leading analyst Douglas Jack has reiterated his Buy recommendation for Spirit Pub Company after it reported an acceleration in like-for-like trading this morning, and said it deserves another re-rating
-
NewsSpirit lfl growth accelerates
Spirit Pub Company has reported an acceleration in like-for-like growth in the eight weeks to 1 March, with like-for-like net sales in its managed arm up 6.1% and like-for-like net income in the leased division up 6% in the period
-
News
Pubco critic MP elected president of Parliamentary pub group
An MP who sits on the committee that has produced highly critical reports into tenanted pub companies has been elected as the new President of the All-Party Parliamentary Save the Pub Group
-
News
TCG introduces new coffees
TCG, the managed operator, has introduced four new coffees into its range and says it’s also continuing to roll out barista training for its front of house staff
-
News
Scottish Beer & Pub Association CEO leaves
Scottish Beer & Pub Association chief executive Patrick Browne has left the organisation after changes in the management and structure of the association were agreed at its AGM last week. There will be no new CEO appointment
-
NewsNewcastle P&P site sold for £7.6m
The freehold of a landmark Pitcher & Piano site in Newcastle has been sold for £7.6m
-
NewsAnalyst corner
Simon French at Panmure Gordon looks ahead to the H1 pre-close update from Spirit Pub Company on Tuesday (18 March), with the analyst “strongly” reiterating his Buy recommendation and 110p Target Price for the group
-
News
Pub industry playing tech catch-up with its customers
The pub industry is lagging behind its customers when it comes to the adoption of technology, according to new research
-
News
Davy's names first head of sales and marketing
London-based wine bar operator Davy’s has appointed Simon Gaske, who has previously helped with marketing for a number of high-profile leisure groups, to the new position of head of sales and marketing
-
NewsHolts seeks new tenanted food position
Joseph Holt, the Manchester-based brewer and pub operator, is recruiting for a new role aimed at building the food business in its tenanted estate
-
NewsJDW: Ireland, property, World Cup, M40, analysts
M&C Report takes a closer look at the H1 results to 26 January for JD Wetherspoon and reports from a press briefing with chief executive John Hutson and finance director Kirk Davis
-
NewsAction on pubcos this Parliament 'unlikely'
It’s “increasingly unlikely” that tenanted pub companies will be subject to legislation during this Parliament, according to leading analyst Nigel Parson
-
News
Drygate to launch The Vintage
Drygate Brewing Company, C&C Group’s new craft beer brewery in collaboration with the Williams Bros Brewing Company, is to open a new gastropub this spring, called The Vintage
-
News
Yummy reports February lfls up 15%
Yummy Pub Co, the four-strong pub operator, has reported like-for-like sales were up 15.6% across its sites in February
-
News
Butcombe takes top prize at SIBA Business Awards
Butcombe Brewery was named Overall Brewery Business of the Year, yesterday at the organisation’s BeerX event in Sheffield
-
NewsJDW H1 lfls rise 5.2%
JD Wetherspoon has reported a 5.2% rise in like-for-like sales in the 26 weeks to 26 January, with profits before tax and exceptionals up 8.5% to £37.8m
-
News
Lloyd-Jones exits Notting Hill pub
The lease on a west London pub operated by former Gourmet Holdings chief executive Gareth Lloyd-Jones has been sold to a private operator
-
NewsSpirit Leased sees four-fold rise in applicants
Spirit Leased, the leased pub arm of Spirit Pub Company, has reported a four-fold increase in licensee applications over the first three months of 2014
-
News
Weston Castle takes three Star pubs
Weston Castle, the northern England-based pub operator, has secured leases on three pubs owned by Star Pubs & Bars
-
News
World Cup pub hours consultation opens
The British Beer & Pub Association (BBPA) is urging operators to respond to the Home Office’s consultation to decide whether to relax licensing hours during England matches in the World Cup 2014