Pubs, Bars & Clubs News – Page 429
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Everards gains outline consent for relocation
Everards has secured outline planning permission for a multi-million pound scheme to relocate to a new site that will encompass a craft brewery, pub, offices and visitor centre
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Perritts and Dunford Wood part ways
The Perritt brothers and chef Jesse Dunford Wood have bought each other out of their partnership
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M&B eyes Euston for All Bar One
Mitchells & Butlers (M&B) is understood to be close to securing a site in London’s Euston for its All Bar One chain
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Tuppen: put shop alcohol behind counters
Enterprise Inns chief executive Ted Tuppen has called for all supermarket alcohol to be kept behind counters
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French: Weather more unhelpful to JDW
A leading analyst has said he expects a robust update from JD Wetherspoon (JDW) with c4% LFL sales growth in Q4 reflecting tougher comps
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French: Fuller’s managed lfls to have accelerated
A leading analyst has said that he expects Fuller’s LFL sales growth in managed pubs to have accelerated from 7% to c10%
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M&B set for 'strong trading update'
Leading analyst Simon French has reiterated his Sell recommendation and 301p Target Price for Mitchells & Butlers, although he anticipated a “strong trading update”
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French: weather to lift Marston's
The recent good weather is likely to benefit Marston’s at its Q3 interim management statement on Thursday, according to leading sector analyst Simon French
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Enterprise threatened with code accreditation removal
Enterprise Inns has been threatened with the removal of accreditation for its code of practice after CEO Ted Tuppen revealed confidential information from arbitration cases
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Camerons plans major acquisition drive; new corporate identity
Camerons plans to grow its estate three-fold to c200 sites over the next three years, with expansion focused on a new modern beer-led pub brand, M&C Report learns
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Ex-Tchenguiz pub sale complete
The sale of all 106 sites has now been completed, with a total sale price believed to be comfortably in excess of £100m, M&C Report has learnt
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Luminar reveals investment pipeline
Luminar has revealed the locations of its next major investments and says it’s likely to spend slightly more than £4m on refurbishments in its current financial year
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Investment fund secures Punch freeholds
A pair of Punch Taverns freehold pubs based in London’s Clerkenwell have been sold to a private investment fund in an off-market deal for £3.5m. The fund has secured the White Bear and the Smithfield Tavern, both in EC1, near London’s Smithfield meat market.AG&G’s James Grimes, who represented the buyers ...
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Simpson’s chef in Purity venture
Andreas Antona, the chef-patron of the Michelin-starred Simpson’s in Birmingham, is understood to have joined up with Purity Brewing Company to oversee its new Pure Craft Bars venture
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Draco Pub Co doubles up, eyes more
Draco Pub Company is set to open its second site in Somerset, and it looking for further expansion opportunities
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Ideal Collection plans significant growth
Ideal Collection is looking to triple the size of its five-strong estate over the next four years
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Brompton Club owners to launch Ruski’s Tavern
The Brompton Club owners to launch a new underground Russian-themed vodka and caviar bar called Ruski’s Tavern
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Star Pubs & Bars offers tenants Sky discount
The Heineken-owned leased operator offering tenants a 30% discount on Sky Ultimate for the next three years if they stock a specified range of Heineken products
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Spirit reveals brand rollout potential
Fayre & Square could reach 250 sites, and Flaming Grill 225, while plans for the Leased estate were also discussed in an analysts’ site visit