Pubs, Bars & Clubs News – Page 387
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Belhaven rebrands craft beers
Belhaven, the Greene King-owned Scottish brewer and pub operator, has rebranded its craft beer range
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Young's creates VIP suits for Six Nations
Young’s, the London-based pub company, has created VIP hospitality suits at six pubs for the Six Nations rugby tournament
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NewsOrchid festive sales grow 9.8%
Orchid Group, the managed operator, saw sales grow 9.8% over the Christmas and New Year period, with food sales up 11% in that period, the company has said
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NewsInventive reveals latest investments
Inventive Leisure, the Revolution bar operator, has revealed its most recent four investments under the company’s Evolution programme
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CAMRA urges public to use pubs in January
The Campaign for Real Ale has launched its ‘Pubs and the Economy’ campaign, aiming to promote the benefits of pubs to British economy and encourage more people to use their local during January
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NewsPunch disposals to take longer than anticipated
Punch Taverns, the tenanted and leased pub company, expects its pub disposal process to take about two years longer than initially thought
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Trust Inns PBT grows 6.8% in 'satisfactory' year
Trust Inns, the tenanted pub operator, saw pre-tax profits grow 6.8% to £2.3m in the year to 31 March.
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NewsLoungers eyes Cosy Club expansion; December lfls rise 8.6%
Loungers, the Piper-backed cafe bar operator, says its Cosy Club concept has the potential to expand to at least 70 sites, on top of at least 250 potential Lounge outlets
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Greek investor acquires Camden Barfly
A private Greek investor has acquired the freehold of iconic London music venue, the Camden Barfly, from property company Solitaire Group for £3.8m – a 5.5% yield
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Analyst corner
Leading analyst Nicholas Batram of Peel Hunt looks ahead to forthcoming trading updates from Domino’s, The Restaurant Group (TRG), Spirit Pub Company, JD Wetherspoon, Mitchells & Butlers (M&B) and Cineworld
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Gerard to develop site with Charles Wells
Chris Gerard, the founder of pub group Innventure, is to develop and open a venue in partnership with Bedford-based brewer and pub operator Charles Wells under a new venture called Apostrophe Pubs
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NewsFestive trade: how was it for you?
M&C Report speaks to a number of leading operators about how trade fared over the festive break
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OFT warns on pubco intervention
The Office of Fair Trading (OFT) has warned the Government that plans to intervene in the tenanted pub model could lead to higher rent for tenants and higher prices for customers
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Palmers PBT falls 19.4%
Palmers, the Dorset-based brewer and pub operator, has reported a drop in profits and turnover in the year to 31 March 2013 as it suffered from poor weather and the Olympic “stay away factor”
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NewsVarsity Bars targets growth
Varsity Bars, a new company that last month secured 18 former Bramwell Pub Company venues, is targeting an estate of 30 sites and will look to diversify the retail offer, operations/area manager Christian Kent has told M&C Report
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Jongleurs to reveal expansion plans
Jongleurs, the comedy club brand, is to make announcements in the new year about its plans for expansion, finance director Marios Lourides has told the comedy industry website Chortle
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Miller & Carter set for Hereford
Mitchells & Butlers (M&B) is close to securing a further site for its steakhouse concept Miller & Carter (M&C) in Hereford
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Hook Norton returns to profit
Hook Norton has returned to profit in the year to 30 September and said it would dispose of more pubs and “potentially” make acquisitions
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NewsAlmost 10,000 invest in latest BrewDog scheme
Almost 10,000 people invested in the latest £4.25m fundraising drive from BrewDog, the company has said
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TCG festive turnover grows 7%
Turnover for TCG, the managed operator, grew 7% over the Christmas and New Year period, the company has said