Pubs, Bars & Clubs News – Page 39
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NewsVagabond Wines to open first airport site
The £1.2m invesment will launch at Heathrow Aiport on 19 May and add to the wine bar’s estate of 10 sites
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NewsC&C sells stake in Admiral Taverns
The Bulmers supplier disposed of its minority interest in the pub company for £55m to Proprium Capital Partners
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NewsAdventure Bar Group appoints first marketing director
Nightcap has appointed Stonegate’s Alan Armstrong as marketing director at its Adventure Bar Group business.
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NewsAdnams sees demand return to 2019 levels
At its AGM yesterday, chairman Jonathan Adnams said the business had “successfully navigated the pandemic”
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NewsVarious Eateries reports strong trading driven by new site openings
The Coppa Club and Tavolino operator announced a total group revenue of £17.8m, with a slight rise in LFL sales
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NewsSt Austell Brewery returns to profit
CEO Kevin Georgel said the business experienced “unprecedented levels of demand” following lockdown, achieving underlying operating profit of £11.3m for the 52 weeks to 1 January 2022
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NewsZanna Hospitality to expand in Liverpool
The North West based operator is to open four venues within the new Flannels department store in the city
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NewsWells & Co amps up reliance on data
The family brewery and pub operator is increasingly using data to identify and segment its customers to better communicate with them, Hostech heard
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NewsRoxy Leisure to open debut Scotland site
The social entertainment bar concept is looking to open five or six new sites every year and is also eyeing the South for expansion
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NewsTim Martin: ‘Oldies like me won’t stay in forever’
The Wetherspoon chairman told MCA sales growth at Lloyds was being driven by younger consumers less concerned about Covid
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NewsStonegate unveils new premium division
The Chapter Collection will focus on premium food-led pubs initially in London, with the Clerk & Well the first to open under the division
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NewsBrewDog to ‘completely change how bars operate’
The “radically new business model” will see bar hourly staff benefit from a 50/50 profit share, while salaried staff will receive £120,000 worth of shares over four years
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NewsGreene King returns to being cash generative
Group revenue at the pub company and brewer rose by 41.6% to £1.34bn for the 52 weeks to 2 January 2022, however it recorded an overall loss before tax of £113m for the period.
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NewsGreene King boss calls for help through rates and alcohol duty
Nick Mackenzie, Greene King’s chief executive, said he appreciated the government’s Covid support but thought it ended too soon
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NewsStar Pubs to invest £42m in pub upgrades
The Heineken-owned pub company is to update more than a quarter of its estate in 2022, with 660 pubs to benefit from its annual capex investment programme
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NewsNightcap continues growth trajectory
The Adventure Bar Group and Barrio operator reported strong trading in the third quarter of its 2022 financial year, alongside the signing of four new leases
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NewsCity Pub targeting 65-70 pubs by end of 2023
Reporting its full year results for 2021, the group said its balance sheet was stronger than it had ever been and that it was well placed to take advantage of opportunities in the property market
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NewsPeach lines up Leamington Spa pub
MD Hamish Stoddart told MCA the gastropub operator was seeing like-for-like sales growth of 12-13% on 2019
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NewsJDW pushing coffee and breakfasts to boost sales
Chairman Tim Martin told MCA the pub company was looking to boost breakfast sales with its coffee offer, which includes refills and is priced lower than the average pre-pandemic price
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NewsGreene King makes carbon zero pledge
The pub company and brewer has committed to become a net zero carbon business by 2040, and is targeting a 50% reduction in greenhouse gas emissions by 2030