Pubs, Bars & Clubs News – Page 412
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Analyst corner
Jamie Rollo, analyst at Goldman Sachs, looks ahead to the upcoming Q4 update from Spirit Pub Company (22 October).
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French downgrades M&B EPS forecast
Leading analyst Simon French has downgraded his earnings-per-share forecast for Mitchells & Butlers (M&B) following a “disappointing” trading update
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M&B seeks learning and development director
Mitchells & Butlers (M&B) is seeking a new learning and development director, following the departure of Kadisha Lewis-Roberts, who is relocating to Switzerland
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Dowling-led group to launch Far Rockaway
Madison, the new group set up by Inc Group founder Frank Dowling, will open new venture Far Rockaway on the former Elbow Rooms site in Shoreditch this month
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Lambeth wants 'zoned' opening hours
Lambeth Council in London wants to introduce a zoning system for opening hours and recommends stringent new regulations around licensee and staff training for licensed premises in the borough
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Batram: Marston’s set for solid finish
A leading analyst has sauid that he expects Marston’s to report a solid finish to its financial year with good progress made on its disposal programme
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Shep Neame picks up Soho site
Kent-based brewer and pub operator Shepherd Neame has taken on the lease of the George in Soho, central London
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Titanic Brewery in Everards tie up
Titanic Brewery, the Staffordshire brewer and pub operator, will open its eighth site next month, and its first outside its home county, after securing the Cheshire Cheese in Derbyshire
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Fuller's: micro craft 'explosion' will stabilise
Fuller’s, the London brewer and pub operator, has outlined plans for its brands to respond to the “challenging” beer market, including the microbrewery craft beer “explosion” that it expects to “stabalise” soon
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M&B’s Darby: Recovery will be patchy
Alistair Darby, chief executive at Mitchells & Butlers (M&B) said the economic recovery will be patchy and that he expects highs and lows in trading going forward
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M&C set for Manchester
Mitchells & Butlers (M&B) will open a site under its steakhouse concept Miller & Carter (M&C) next March in Manchester, as it looks to increase the brand’s presence in city centres
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Revere lines up Kent opening
Revere Pub Company, Marston’s premium format division, is understood to have lined up a site in Kent for a further opening before the end of this year
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Leisure investment let to Stonegate marketed
A prime freehold leisure investment, let to Stonegate Pub Company, in the centre of High Wycombe, has been placed on the market, with offers in excess of £1.45m
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Partnership boosts apprenticeship vacancies
A new partnership between the Hospitality Guild and the National Apprenticeship Service means that nearly 1,500 live apprenticeship vacancies are now up for the taking on the umbrella organisation’s careers portal
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NewsOrchid reports modest FY underlying growth
Orchid Pub Company has reported modest underlying growth across its c240-strong estate for the year to 31 December 2012, 12 months it decribed as “transformational”, whilst like-for-like sales are currently ahead by 3%
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NewsCask ale loses 'old man' image
Cask ale has lost its image as an old man’s drink and more people are making it their drink of choice, claims Pete Brown author of the Cask Report. Sector out-performing the beer market by 6.8%
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NewsOrchid Carvery lfls grow
Orchid, the managed operator, is reporting a 5.8% rise in like-for-like sales across its 47-strong Great British Carvery sites
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Greene King launches 'biggest multi-brand gift card'
Greene King, the brewer and pub operator, has launched what it claims to be the biggest multi-brand pub and restaurant gift card in the UK
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Ale House Pubco eyes expansion
Ale House Pubco, the three-strong Yorkshire pub company, is looking to add one site to its estate per year, co-founder Angela Andrews has told M&C Report
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Maclay expansion continues
Maclay Group has secured a pub in Prestwick under its Thistle Pub Company vehicle and outlined target locations for future growth