Pubs, Bars & Clubs News – Page 380
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Wilson Hotels up to five
The company plans to open a café and shop at the Old Brewery House Hotel in Reepham, Norfolk, this summer
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Collyer: M&B requires 'Herculean effort'
Leading analyst Geof Collyer has said that Mitchells & Butlers (M&B) will need a much stronger performance in H2 if it’s to recover its position, and a “Herculean effort” is still required to turn around the bottom quartile of the estate
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InnBrighton opens sixth London pub
InnBrighton, the Brighton-based multiple pub operator, is to host comedy performances at its latest London opening, the Joker of Penton Street in Islington, which begins trading this week
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Antic closes in on Harlesden site
Antic London is close to securing its latest site, the Misty Moon in Harlesden
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Star Pubs & Bars to refurb six Lancs pubs
Star Pubs & Bars, the Heineken-owned leased pub operator, is to invest £938k in six pub refurbishment schemes in Lancashire
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M&B: steady progress, trading, core brands
M&C Report talks to Mitchells & Butlers (M&B) chief executive Alistair Darby about the steady progress the group is making, the performance of its core growth brands and changes in its leadership team, plus analyst reaction
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Fuller's: Christmas, Brewer Street, investments, analysts
Friday 20 December was the busiest trading day ever for Fuller’s, with sales up 15% year-on-year on so-called ‘mad Friday’, chief executive Simon Emeny has told M&C Report
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Robinsons to make managed move
Cheshire brewer and pub operator Frederick Robinson is planning to develop a managed estate by converting its tenanted pubs with million pound turnover potential into managed sites, M&C Report has learn
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Castle Rock eyes more world beer conversions
Castle Rock, the Nottinghamshire-based brewer and pub operator, has earmarked two more pubs for its Discover World Beers concept after seeing like-for-like sales at the first venue to have the format grow 25% year-on-year, M&C Report has learnt
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Restrictive covenants 'rarely used' in pub sales
Pub property agents have defended the practices of large pub companies and claimed that restrictive covenants are rarely used, after the Local Government Association (LGA) last week called for a ban on the measure, which forces pubs to change use after sale
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McCartan & Leonard eyes five-strong estate
Licensees Dominic McCartan and Tony Leonard have said that they could eventually grow an estate of five pubs across Sussex, after taking on their second pub, the Roebuck Inn in East Sussex
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Jack holds forecast for Fuller's
Leading analyst Douglas Jack has reiterated his Add recommendation for Fuller’s following its trading update this morning that saw like-for-likes in its managed arm grow 7.2% in the 10 weeks to 25 January
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Fuller's managed lfls grow 7.2%
Fuller’s, the London-based brewer and pub operator, has reported a 7.2% rise in like-for-like sales in its managed division in the 10 weeks to 25 January and said the good results has caused it to bring forward additional projects this financial year
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Lfls up 2% at M&B
Mitchells & Butlers (M&B) has reported a 2% rise in like-for-like sales in the 17 weeks to 25 January, helped by a 2.6% rise in sales across the three-week festive period to 4 January and milder weather compared to last year
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Establishment HM up to four
Establishment HM Limited, the London-based bar operator, has secured its fourth site in the City with the acquisition of the Spectator near St Paul’s Cathedral.
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Darby and Emeny to outline visions of the future
The Future Pub Conference, organised by M&C Report and the Publican’s Morning Advertiser, takes place at the May Fair Hotel in central London on 3 March
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Arc Inspirations eyes funding options; names first FD
Arc Inspirations, the 10-strong Yorkshire bar operator, is seeking private equity investment as it announces the appointment of its first finance director, managing director Martin Wolstencroft has told M&C Report
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Jack moves ETI from Add to Hold
Analyst also says the Government should avoid implementing a mandatory free-of-tie option with an open market rent review as part of the statutory code
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Charnwood Pubco to launch BBQ concept
Charnwood Pub Company, the Midlands-based multiple operator, is to become the latest group to dip into the growing BBQ trend with the launch of a new concept in Hereford
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JDW breakfast named most nutritious
JD Wetherspoons’ breakfast has been named the most nutritious of those served across UK hospitality