Pubs, Bars & Clubs News – Page 44
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NewsRed Oak acquires eight-strong pub package
The Mark Grunnell-led pub company acquired the free of tie pubs in Bristol from Euphorium Pubs for an undisclosed sum
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NewsIncipio to build on success in the capital
Incipio Group is to open several new sites in London in 2022, it told MCA, following the news that its latest concept will open in White City next month
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NewsNovember sales growth below inflation estimates
Total sales across managed pubs and restaurants declined to 2% in November, according to the latest Coffer CGA Business Tracker
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NewsRent assessments would add ‘further confusion’
The Pubs Code Adjudicator (PCA) has cautioned against adding further complexity and volume of information provided to prospective tied tenants
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NewsProspect: ‘Our aspiration is to build at speed’
Speaking to MCA, Dan Shotton said Prospect Pubs & Bars would open between five and seven pubs a year
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NewsOssett Brewery to roll out SALT taprooms
The company recent acquired a 23,000 sq ft brewery on White Hart Avenue in Greenwich, which will enable it to double its production capacity
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NewsMarston’s: ‘The worst is behind us’
The pub company reported improved trading post lockdown, with like-for-like sales since restrictions lifted in July 102% of 2019
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NewsWetherspoon and Budweiser in new 20-year deal
It follows a 41-year association between Wetherspoon and Heineken as well as its predecessor, Scottish and Newcastle
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NewsBig Smoke expands Punch partnership
Big Smoke Brew Co has grown its joint venture with Punch Pubs & Co to eight sites and hinted that further venues could be in the pipeline for 2022.
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NewsNTIA: ‘The late-night sector is still extremely fragile’
The Night Time Industries Association welcomed the government’s decision not to impose additional restrictions on hospitality settings in the wake of the new Omicron variant.
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NewsArc Inspirations sees sales up +40%
Bar group Arc Inspirations has achieved a total sales increase of 42% since restrictions were lifted on 19 July, compared to the same period in 2019.
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NewsM&B returns to profit
Mitchells & Butlers has seen a return to profit and cash generation following the lifting of restrictions in July, despite a like-for-like sales decline of 9.6% in the full year to 25 September 2021.
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NewsNew head of people at Brewhouse
Brewhouse & Kitchen has appointed Jody Bennett as its new head of people and learning. She joins from Liberation Group.
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NewsGovernment outlines proposed changes to Pubs Code
The British Beer & Pub Association has welcomed the amendments – particularly the decision to streamline the Market Rent Only process.
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NewsFuller’s: ‘We are rebuilding well’
Fuller’s reports a strong set of financials for the first half of FY22, with a return to profit and the resumption of its dividend.
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NewsRevolution's new brands are 'definitely scalable’
Revolution believes its two new concepts have legs to grow as the bar group hits “the sweet spot” in terms of its offering, CEO Rob Pitcher told MCA.
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NewsTim Martin: Wetherspoon still a broad church
The Wetherspoon chairman has shrugged off a disappointing trading update, telling MCA he hopes the legacy of the pandemic will be “temporary, not permanent”
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NewsJonathan Neame: ‘Pubs every bit as core to British life’
Shepherd Neame has reported a full year loss before tax of £16.4m, but reported strong trading since reopening.
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NewsLoungers: ‘The scale of the opportunity has been enhanced’
For a long-time Loungers has talked about the scope for 400 Lounges and 100 Cosy Clubs in the UK, but according to CEO Nick Collins, those numbers are ”very conservative now”.
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NewsNightcap: ‘ongoing strong performance’
Nightcap has announced a 68% total net sales increase versus 2019 and a”strong” pipeline of site openings and Christmas bookings.