Pubs, Bars & Clubs News – Page 432
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NewsWadworth to segment estate
The Wiltshire brewer and pub operator is also to increase investments in its pub estate this year, chairman Charles Bartholomew tells M&C Report
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Burning Night plans triple Manchester launch
Burning Night, the Leeds-based business owned by Alex Hazzard, is to open three bar concepts in Manchester’s The Printworks
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Phoenix Pub Management in liquidation
A liquidator has been appointed to Phoenix Pub Management a management company set up to operate three pubs, including the Telegraph in Putney
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Star: 'We've got our house in order'
Trading director Chris Jowsey tells M&C Report the company wouldn’t repeat its “mistake” that led to a ruling against it by the industry’s pubco/tenant conciliation service
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Broken Foot acquires remaining Who Cares Wins site
Who Cares Wins, the venture run by former Capital Pub Company executives Richard Coltart and Alex Hughes, has disposed of its remaining site to Broken Foot Inns
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Jack tips Spirit amid heatwave bounce
Leading sector analyst Douglas Jack has named Spirit Pub Company as his choice Buy in a pub sector that he says is set to benefit from the heatwave
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Spirit Leased to roll out new menu package
Spirit Leased is rolling out a new food menu package to its leased pubs which operate under the category Great British Sports Locals
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Jarrow Brewery to launch share issue
Jarrow Brewery, Jess and Alison McConnell-led company, is to launch a share issue with the aim of attracting £750k of new investment
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NewsYoung's reports 6.7% rise in lfls
The London operator reports a 6.7% rise in managed like-for-likes for the first 13 weeks of its financial year
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Intertain to spend £500,000 at Derby Walkabout
Intertain has announced its first investment since the change of ownership in May with a £500,000 spend at Walkabout in Derby
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NewsYoung's reports 'strong start' to FY; buys three pubs
Managed like-for-likes grow 6.7% in first 13 weeks, with total sales up 10.7%
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Wadworth outlines priorities
Wadworth says growing food margins in its managed estate and adding another business development manager to its tenanted arm are among its focuses for this year
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Orchid sees ROI of 40%
Orchid Group has said that sales across its investments over the last year are up by more than 25% rise in sales, while it has seen returns of 40% plus
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NewsM&C20 Index benefits from all-sector share price gains
The M&C20 Leisure Index tracked the FTSE All-Share Index this week, with both indices up by a shade under 3%
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SA Brain food sales to nudge 50%
SA Brain, the Cardiff-based brewer and leisure group, anticipates achieving 48% for total food sales across the business in a year’s time
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New World Pub Co eyes London openings
New World Pub Co is eyeing a number of possible locations for an opening in London, as it gears up to open its fourth pub in Liverpool
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Orchid launches farmers market
Orchid Pub Company has launched a farmers market to showcase local produce at one of its pubs in South Yorkshire
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Analyst corner
Simon French at Panmure Gordon looks ahead to next week trading update from Young’s
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Heartstone Inns eyes next stage of growth
Heartstone Inns is eyeing its next stage of growth after securing its tenth site and embarking on its latest and final round of EIS fundraising
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NewsCornish brewer eyes tenanted estate
Keltek Cornish Brewery plans to build an estate of 20 tenanted pubs over the next 10 years after spending £1.6m buying and renovating four sites, founder Stuart Heath has told M&C Report