Pubs, Bars & Clubs News – Page 430
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NewsLuminar returns to profit
The nightclub company reports pre-tax profit of £1.3m in its first full financial year, and revealed that it achieved returns on investment of more than 50%. Turnover stood at £89.9m.
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Table Table launches loyalty scheme
Table Table, the Whitbread-owned pub-restaurant chain, has launched Tasty Rewards scheme
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Be At One builds pipeline
London based cocktail bar brand Be At One is aiming for six more sites by the next financial year in March
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Well Fed secures Edinburgh site
Well Fed Pub Company, the multiple operator led by Ian and Craig Minto, has secured its second site in Scotland
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M&B set for 30th Miller & Carter
Mitchells & Butlers (M&B) is on track to open the 30th site under its Miller & Carter steakhouse concept later this year in Bath
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Seafood Pub Co targets 10-strong estate
Seafood Pub Company, the Blackburn-based pub restaurant operator, is targeting an estate of up to 10 sites across the North West
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Be At One appoints head of recruitment
London based cocktail bar brand Be At One has appointed a head of recruitment as it looks to further expand
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Bowland Inns goes fourth
Bowland Village Inns has secured its fourth pub restaurant in the region and said it continued to seek further sites to grow its business
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Thwaites re-opens two pubs
The Lancashire company opens two pubs that had both previously been closed for more than two years following joint investments of over £500,000, M&C Report learns
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London pub lease sells for £395k
A London bar owned by Terry O’Sullivan and Charlotte Labbett, who ran Wishing Well Pub Company, has been sold for £395,000 for the leasehold interest by Christie + Co
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TCG sees surge in Xmas bookings
TCG, the managed operator, says it has already achieved a “major uplift” in festive bookings by investing in new “party planning” technology
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Jack: Marston’s well placed to accelerate growth
A leading analyst has said that Marston’s is well placed to accelerate growth
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Vianet optimistic on long-term propects
Vianet has said that the first quarter of the year had started slowly, but said there were good reasons for it to be optimistic on its medium to long term prospects
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Everards set to learn fate of £25m development scheme
Everards will find out this week whether its plans for a £25 million scheme, which will include the relocation of its existing brewery, have been successful
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Orchid achieves Investors In People status
Chief executive Rufus Hall says Orchid is among the first UK pub companies to achieve the accolade
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NewsSky holds prices for third consecutive year
Sky is freezing subscription prices of its Sky Ultimate TV sports package for pubs and clubs “until at least June 2014”
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McMullen’s adds Punch freeholds
Hertfordshire brewer and operator McMullen’s has acquired three further pubs, including two central London-based freehold sites from Punch Taverns, for an undisclosed sum
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Davy's eyes growth options
Davy’s, the historic London wine bar operator, expects to add about 10 sites over the next five years
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Lynx updates pub margins tracker app
Buying specialist Lynx Purchasing has updated its GP Calculator App to help pub operators keep track of margins
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Jack: M&B is operationally geared into better trading
A leading analyst has said that he expects M&B’s like-for-like sales to have picked up, aided by favourable weather and easy comparatives