Pubs, Bars & Clubs News – Page 424
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Cains re-opens flagship pub
Cains, the Liverpool-based brewer and pub operator, has reportedly re-opened a flagship pub after reaching a deal with its landlord
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Orchid joins employment schemes
Orchid, the managed operator, is taking part in three Government ‘back to work’ schemes
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NewsBrewDog secures Shepherd's Bush bar
BrewDog, the Scottish brewer and pub operator, has secured a site in London’s Shepherd’s Bush for its latest craft beer bar
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NewsZero hour contract use 'varied'
The use of zero hour contracts is varied across the pub trade, an investigation by M&C Report’s sister title the Publican’s Morning Advertiser has found
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Adnams: performance, tenancies, beer volumes, hotels
Adnams has reported a “difficult” half-year, with operating profit for the six months at £668,000 against £857,000 in H1 2012
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Redcomb closes in on next site
Redcomb Pubs is set to secure its seventh site this week, its second in South London
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Craft Beer Co launches home brewer awards
Craft Beer Co, the specialist craft beer pubco, is launching a new set of awards aimed at home brewers
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BBPA cautious over tied rent figures
The group has issued a note of caution over figures that suggest rents are higher in tied pubs as a proportion of turnover than the free-of-tie outlets
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VQ secures second site
VQ, formerly Vingt-Quatre, the 24-hour restaurant and bar concept, is set to open its second site in London, 18 years after it made its debut in Fulham
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Arran Brewery eyes £4m share issue
The Scottish company plans to raise £4m via a public share sale beginning in October to raise £4m for expanding its pub and brewery business
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Ossett Brewery secures fourth Hop site
Ossett Brewery, the Yorkshire brewer and pub operator, has secured a fourth site for its Hop concept in York
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Fuller's unveils 'raw and exciting' concept
Fuller’s is to unveil a major investment at the Pilot pub in Greenwich as its next project after revealing details of a “raw and exciting” concept at a Putney pub
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Orange Rooms secures second site
Orange Rooms, the South Coast-based restaurant and late-night bar concept, has secured its second site in Bournemouth
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Spirit hires joint broker
Spirit Pub Company has appointed Numis Securities as joint corporate broker.
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NewsEnterprise boost prevents M&C20 Index slide
The M&C20 Leisure Index (up 3 points to 1,159) underperformed the FTSE All Share Index (up 14 points to 1,032) for only the fourth time in the last quarter, despite the best efforts of Enterprise Inns, whose shares rose 14.3% over the past week. Without Enterprise’s contribution, the index would ...
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Enterprise brings c£5m package to the market
Enterprise Inns has placed a six-strong freehold package of pubs based in and around London on the market with a combined sales price of just under £5m
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Analyst corner
Simon French of Panmure Gordon looks ahead to the Q3 update from Enterprise Inns which is due next Thursday (8 August), expects like-for-like net income to have improved but downgrades his long-standing Buy recommendation to Hold
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French cuts EPS forecast for Marston's
Leading sector analyst Simon French has reduced his earnings per share forecast for Marston’s and said the market remains concerned that there’s little discernible uplift in profitability
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NewsFrench raises TP for JDW
Leading analyst Simon French has upgraded his earnings per share forecast and Target Price for JD Wetherspoon following last week’s “better than expected” trading update
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Karlton & Barlow: new site, sales rise
The North West-based pub company is set to announce its fifth site by the end of this month as it reports a 5.7% rise in like-for-like sales in the first half of 2013