Pubs, Bars & Clubs News – Page 43
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NewsSA Brain poised for £100m pubs disposal
SA Brain is on the verge of signing a deal to sell 100 of its pubs to a consortium comprised of Song Capital and Cerberus Capital Management, according to Sky News.
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NewsPoor festive sales figures ‘crippling’ for the sector
Pub, restaurant and bar sales plummeted 60% on Christmas Day compared to 2019, according to the latest data from UKHospitality and CGA.
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NewsStar Pubs pledges further support for Scottish and Welsh pubs
Star Pubs & Bars is to offer a 30% rent reduction to all of its pubs on core leased and tenanted agreements in Scotland and Wales
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NewsM&B feels impact of Omicron on Christmas trading
Mitchells & Butlers has reported a total sales decline of 5.2% for the year to date as the impact of Omicron had a noticeable impact on festive trading.
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NewsAdmiral reports resilience performance for FY21
Admiral Taverns’ CEO Chris Jowsey said the pandemic and the UK government’s response to it “had a seismic impact on the hospitality sector”
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NewsWhitbread sees F&B sales slide
Whitbread has reported a fall in total food and beverage sales of 11.1% during Q3 in a value pub and restaurant sector which “remains challenging”
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NewsUpham makes ‘strong headway’ on repositioning
Pub operator Upham Group has seen “positive indications” that its strategic refocus and development agenda is making a positive impact on its long-term business.
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NewsDon’t desert pubs during Dry January, industry pleads
Consumers have been urged to continue to support their local hospitality venues in the new year after festive trading was decimated by Omicron
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NewsNTIA urges PM to #LetUsDance on NYE
The Night Time Industries Association has written an open letter to the Prime Minister urging him to end the uncertainty for the UK’s late night sector.
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NewsPeter Marks: ‘Nightclub closures another kick in the teeth for beleaguered sector’
The move by the Scottish and Welsh governments has been criticised by the Rekom chairman as being yet “more baseless restrictions”.
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NewsCharlie Gilkes: ‘We can’t keep going into periods of limbo’
The hospitality sector can’t continually bounce back from periods of uncertainty, the co-founder of Inception Group has warned.
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NewsAnother 400-plus pubs permanently shuttered
Despite the fall in numbers this year, the rate of decline has remained relatively static in recent years despite the impact of the pandemic, according to new research from real estate adviser Altus Group.
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NewsNWTC seeing many opportunities to build pipeline
New World Trading Company, which has been trading ’ahead of expectations’, expects to open between five and eight sites annually from 2022.
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NewsShepherd Neame to offer new year rent reduction
The family brewer and pub operator has announced it will be introducing a 10% rent reduction for its licensees from 1 January 2022.
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NewsInn Collection acquires first site in Wales
The Alchemy-backed operator’s acquisition of the Swallows Falls Hotel brings the total number of purchases for the group this year to seven.
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NewsHall & Woodhouse seeing good property opportunities
The Dorset-based brewers and pub operator is on track to add 10 sites to its portfolio this year as part of its growth strategy.
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NewsFuller’s closing 20 London pubs ‘indefinitely’
Chief executive of Fuller’s Simon Emeny told Sky News that sales at its London sites were down between 60%-80%.
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NewsJDW appoints employee directors to board
JD Wetherspoon has appointed four employees to its board in an effort to boost its business by having additional ‘pub experience’ at board at a senior level.
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NewsHospitality industry desperate for support after £4bn sales drop
Greene King CEO Nick Mackenzie said sales in its pubs in some parts of London were down as much as 70% compared to the same period in 2019.
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NewsScottish hospitality venues to see return of social distancing
First Minister Nicola Sturgeon said extra measures were necessary to stop the spread of Omicron with further guidance to be published