Pubs, Bars & Clubs News – Page 397
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NewsFrench: Marston’s strategy “relatively risky”
A leading analyst has said that he believes Marston’s strategy of accelerating disposals of bottom-end wet-led pubs whilst allocating more capital to new build food-focussed managed pubs remains relatively risky given the step up in industry supply
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NewsFuller's: Developments, acquisitions, Brewer Street, Frontier
M&C Report takes a closer look at the H1 results for Fuller’s for the 26 weeks to 28 September and talks to Simon Emeny, who became chief executive on 1 July
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Glendola to launch Glasgow concepts
Glendola, the bar and restaurant group, is to launch a new coffee shop concept and steak and burger restaurant in Glasgow before the end of the year
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Stonegate names Carlsberg its supplier of the year
Stonegate Pub Company, the managed operator, has named Carlsberg UK its Supplier of the Year at its annual supplier conference
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Luminar appeals ASA ruling
Luminar has lodged an appeal against an Advertising Standards Agency ruling which said one of its clubs wrongly targeted a 12-year-old with promotional alcohol offers
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Four ex-Botanic sites sold again
Four of the seven former Botanic Inns pubs bought last month by brothers Seamus and Henry Downey have been sold once more to new owners, according to the Belfast Telegraph
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B&P secures Hampton Court site
Brunning & Price (B&P) is to take over a further site from sister group Home Counties Pubs at the start of next year in the Hampton Court area
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NewsAnalyst corner
Simon French at Panmure Gordon looks ahead to the full-year results for Mitchells & Butlers (M&B) next Tuesday (26 November) and says he expects “few surprises”
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NewsStonegate promotes ex-Bramwell sites on new website
Stonegate Pub Company has created a new website to promote the 78 former Bramwell Pub Company pubs that it bought last week to customers, M&C Report has learnt
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NewsSpirit all-but ends leased disposals
Spirit Leased, the leased arm of Spirit Pub Company, has all-but completed its disposals programme and could add sites over the longer term, managing director Chris Welham has told M&C Report
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Jack upgrades PBT Fuller's estimates for 2015 and 2016
Leading analyst Douglas Jack has upgraded his pre-tax profit estimates for 2015 and 2016 for Fuller’s following the London-based brewer and pub operator’s H1 results this morning
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NewsFuller's H1 EBITDA grows 4%
Fuller’s, the London-based brewer and pub operator, has reported a 4% rise in EBITDA to £28.1m in the six months to 28 September as like-for-likes in its managed estate grew 7.9%
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Nicholson's staff help create Xmas ales
Nicholson’s, the Mitchell’s & Butler’s-owned pub brand, is to launch three Christmas ales brewed exclusively for the venues created by more than 70 members of staff in collaboration with three breweries and beer writers
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NewsP&P refurbs Tunbridge Wells site
Pitcher & Piano, the Marston’s-owned bar chain, is to open its site in Tunbridge Wells, Kent, following a £400,000 refurbishment that will see it move away from being a late-night venue
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Young's: Rooms, acquisitions, transfers, investments
M&C Report takes a closer look at the results for Young’s, the London-based pub operator, for the 26 weeks to 30 September and speaks to chief executive Stephen Goodyear and retail director Patrick Dardis
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NewsYoung's H1 lfl revenue grows 5.6%
Young’s, the London-based pub operator, has reported a 5.6% rise in like-for-like revenue in the 26 weeks to 30 September against “strong comparatives” in the corresponding period last year
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Spirit Leased rolls out bespoke food template
Spirit Leased is trialling a food package that includes items and learnings from the firm’s managed pub brands, which has the potential to operate in two thirds of the leased estate, M&C Report has learnt
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NewsSpirit Leased trials 'co-investment' agreement
Spirit Leased, the leased arm of Spirit Pub Company, is trialling a new agreement whereby the licensee pays a percentage of turnover to Spirit instead of paying rent, M&C Report has learnt
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NewsFinal 67 Bramwell pubs placed on market
The final 67 pubs that were part of the former Bramwell Pub Company estate have been placed on the market with Christie + Co
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NewsBatemans eyes managed acquisitions
Lincolnshire-based brewer and pub operator Batemans plans to grow its managed pub estate from three to 15 sites via acquisitions, focusing on a new “Beer and Bean” concept that combines beer and coffee, M&C Report has learnt