Pubs, Bars & Clubs News – Page 437
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New Works secures further Punch site
New Works Pub Company, the multiple pub operator, has secured a further site with Punch Taverns
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NewsKingston Oceana survives licence review
Luminar, Europe’s largest nightclub operator, will continue to trade its Kingston Oceana site after it agreed to a set of new licence conditions
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BrewDog launches new £4m fund raising
BrewDog is to relaunch its Equity for Punks crowdfunding programme, with the aim of raising a record £4m
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Brakspear to open second managed pub
Brakspear, the Henley-based pub operator, is to open its second managed site in September
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Gualtieri swaps M&B for GK
Tony Gualtieri, retail operations director at Mitchells & Butlers (M&B), has left the company to take up a senior operations role at Greene King
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Atmosphere estate acquired by Chicago Group
The rump of the former Atmosphere Bars and Clubs estate has been acquired out of administration by the Chicago Group
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London Cocktail Club secures third site
The London Cocktail Club has secured its third site in the capital in Shoreditch
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Stonegate spends £4m on Q2 refurbs
Stonegate, the managed pub operator, has spent more than £4m investing in 31 sites in the second trading quarter
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Pub package up for auction
Seven pubs are set to go under the hammer at an auction held by Allsop next mont
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Pub companies urged to 'broaden' franchises
Andrew Emmerson, former business development director at Domino’s Pizza Group, says the move would attract “high net worth individuals”
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Hundreds of Punch tenants back pubco in letters to BIS
Hundreds of Punch licensees have written to the Government in support of the pubco as part of the consultation into the statutory code, says Punch’s Andy Slee
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Star sets ambitious targets for tenant income and churn
Star Pubs & Bars is targeting minimum tenant income of £30,000 a year within seven years
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Turtle Bay takes Peach site
Turtle Bay, the Caribbean restaurant concept, has secured Peach Pub Company’s the Almanack unit in Leicester’s Highcross shopping centre.
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Amber FY EBITDA rises one third
Amber Taverns, the fast-growing operator of wet-led community pubs, saw EBITDA increase by one third to £6.8m in the year to 3 February
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NewsSpirit on track despite tough Q3
Spirit Pub Company has reported a 2.6% rise in like-for-like sales across its managed estate for the six weeks to 25 May
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Orchid aims for unforgettable service
Orchid has launched a brand new training course for its “sales ambassadors” designed to roll-out unforgettable service
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Liberation Group acquires six-strong package
Liberation Group, the Jersey-based pub and drinks business, has agreed to acquire six of the Channel Islands’ best known pubs and bars
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Property valuers slightly more upbeat on market
Licensed property valuers are generally more positive about the market than one year ago, a new survey shows.
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Wild Lime: brand focus
M&C Report takes a closer looks at the new Wild Lime brand from Bramwell Pub Company, including its three zoned areas, café/deli format and design.
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Majority of tenants want a code
Nearly all tenants (94%) would like to see a statutory code to regulate the pubco-tenant relationship