Pubs, Bars & Clubs News – Page 411
-
News
Pullen eyes leisure acquisitions after pub disposal
Terry Pullen, operator of a number of restaurants and hotels in London and Surrey, has announced plans to expand acquire more multi-faceted leisure and hospitality venues in London after selling a Kent pub to Redcomb Pubs, the southern pub operator
-
News
Eclectic buys Brighton's Coalition from InnBrighton
Eclectic Clubs & Bars, the Avanti Capital-backed bar and club operator, has bought the Coalition nightclub and live music venue in Brighton from InnBrighton for an undisclosed sum
-
News
Collyer plots Enterprise equity 'rehabilitation'
Leading analyst Geof Collyer has raised his Target Price for Enterprise Inns to 205p, predicting a return to absolute EBITDA growth - the “final step” in the story of its equity rehabilitation - earlier than expected in FY2016
-
News
North Bar eyes pop-ups
North Bar, the Leeds-based pub group, plans to branch out into pop-up bars and events over the next few months, co-owner Christian Townsley has told M&C Report’ssister title Publican’s Morning Advertiser.
-
News
Further operators see benefit of Tax Parity Day
Hall & Woodhouse and Wadworth have become the latest companies to report an uplift in sales on Tax Parity Day
-
News
M&B agrees £38m waste management and cleaning deal
Mitchells & Butlers (M&B), the managed operator, has signed a £38m waste management and cleaning contract with Mitie, the FTSE-listed 250 strategic outsourcing company
-
NewsPunch helps tenants lift food profits
Punch Taverns has announced a partnership with CaterCost, a web-based software system, to help tenants design their own menus and increase food profits
-
News
FY sales at ETM forecast to top £30m
ETM Group, the London-based operator led by Tom and Ed Martin, expects its full-year turnover to pass the £30m mark next year as it looks to open two further sites in the capital
-
NewsFurther departures at Novus
Karen Davies and Paul Glenn, human resources director and head of recruitment respectively, have become the latest departures from Novus Leisure, the LGV Capital and Hutton Collins-backed operator of premium bars and restaurants
-
NewsJack cuts Marston’s forecast
A leading analyst has cut his 2013E forecast for Marston’s by 3% following Mitchells & Butlers’ (M&B) poor September update and the pick-up in disposal activity
-
News
Momo Leisure folds
Momo Leisure, the bar operator that runs a number of Jongleurs comedy venues, has folded, according to the publication for the comedy industry Chortle
-
NewsCollyer: M&B needs to deliver on its business re-engineering
A leading analyst has said there is now now a lot riding on the Mitchells & Butlers (M&B) chief executive Alastair Darby’s commitment at the company’s final results in November to some harder targets now that he has been in situ for over a year
-
News
Rollo upgrades Enterprise Inns
A leading analyst has upgraded his price target for Enterprise Inns from 140p to 200p and said he thought there was a good chance that the group’s like-for-like sales will be positive in H1 2014 and sees its 19 November final results as a key catalyst
-
News
GRS Pubs grows underlying profits 14%
GRS Pubs, the tenanted pub group formerly owned by London Town, saw underlying profits rise 14% to £448,000 in the year to 30 December as it continued to trim its estate
-
NewsWeak M&B performance impacts M&C20
The 1% decline in Q4 like-for-like sales reported by Mitchells & Butlers (M&B) this week impacted the M&C20 Index, which fell by 1.3% to 1,148.32, to marginally underperform the FTSE all share, which declined by 0.9% to 1,014.49
-
News
Leeds Brewery to ramp up expansion
Leeds Brewery is looking to expand its pub estate more rapidly over the coming years, director Sam Moss told MA300 delegates
-
News
Lucky Voice MD: technology transforming business
Lucky Voice managing director Nick Thistleton urged MA300 delegates to put technology at the heart of their operations aftersharing the story of how tech transformed the karaoke bar business
-
NewsBacon sets out expansion plans
Tim Bacon has set out his expansion plans for the Living Ventures-led Gusto brand and the recently renamed New World Trading Company, his pub-led venture backed by the Hill Capital Partners Food & Beverage Fund
-
News
Bacon: landlord relationships are key
Good relationships with landlords are crucial for operators to keep ahead, Living Ventures chief executive Tim Bacon told the MA300 conference in Leeds
-
NewsHall: capex 'not just about the pounds'
Orchid Group chief executive Rufus Hall has stressed the importance of people strategies when making capex investments, saying it’s “not just about pounds”