Pubs, Bars & Clubs News – Page 51
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NewsBeer supply is ‘patchy’ in areas but not ‘critical’
Mitchells & Butlers and Greene King have found that the supply of certain beer brands – namely Birra Moretti on draft – has been “patchy” but it not causing a huge problem yet, attendees of MCA’s The Conversation heard.
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NewsGreene King: ‘Majority of orders are through our app’
Greene King has seen usage levels of its app soar since reopening, with 70% of its orders being submitted by guests through the technology, chief executive Nick Mackenzie told MCA’s The Conversation.
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NewsSixth generation Everard appointed deputy chairman
Everards has appointed Julian Everard as deputy chairman in preparation for him eventually taking over the family brewer and pub business.
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NewsPeach reports ‘outstanding’ opening weeks
Peach Pubs has opened strongly post lockdown with its 19-strong portfolio reporting an “outstanding” first two trading weeks, as well as a search for new pubs and a raft of new initiatives focused on people, service and sustainability.
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NewsGreene King takes cautious approach to reopening
Greene King CEO Nick Mackenzie has told MCA customers are “absolutely loving” being back in his pubs, despite the limitations of outside service.
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NewsHawthorn acquires 14-strong pub package
Hawthorn has announced the acquisition of 14 community pubs from Everards of Leicestershire as it continues to build its nationwide community pub portfolio. The new sites are predominately located in suburban and neighbourhood locations in the East Midlands.
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NewsBrewDog has 40-strong pipeline in place
BrewDog has pressed go on its openings pipeline with 40 bar locations already in place, president and COO David McDowall has told MCA.
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NewsShepherd Neame: Cash burn ‘less extreme’ as brewery picks up slack
Profit might not be the most important metric for success for Jonathan Neame at the moment. The next 12 months is all about getting the business firing again, getting the teams back and welcoming customers back.
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NewsShepherd Neame swings to loss
Shepherd Neame has reported a fall in turnover to £55.3m for the six months to 26 December 2020, from £79m for the comparable to the first half of 2020.
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NewsUpham keen to impress investors following turnaround plan
Upham Group has said it is a strong financial position following the take-up of support offered during the pandemic, including a £1.4m CBIL, and a restructure of its operations, and keen to impress its investors.
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NewsPub sector rebuffs calorie labelling proposals
The pub sector has challenged the logic of introducing calorie labelling for on-trade drinks at a time when many operators in the hospitality industry are battling for survival.
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NewsHawthorn eyes standalone status with IPO
Community pub company Hawthorn has announced plans to list on the stock market and will explore the potential for an IPO following a strategic review.
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NewsAdmiral Taverns sees profits down by a third
Admiral Taverns has achieved an underlying operating profit of £11.1m, down from £17.2m in 2019, for the 52 weeks to 30 May 2020.
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NewsRevolution planning to double brand portfolio
Revolution Bars Group is looking to expand its portfolio of brands from two to four, in order to capitalise on property opportunities post-pandemic, chief executive Rob Pitcher has told MCA.
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NewsRevolution secures new CBILS
Revolution Bars Group has secured a further £3.5m CLBILS, while its bank NatWest agreed to waive £2m of amortisation scheduled for September 2021, taking its total available facilities to £40.3m.
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NewsClive Chesser: Outdoors opening a ‘baby step’
Punch Pubs chief executive Clive Chesser has described outdoors reopening as more “psychologically important than economically important”.
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NewsAdventure Bar Group looking outside London for future pipeline
Adventure Bar Group expects “a large part” of its future pipeline to be outside London, co-founder Tobias Jackson has told MCA.
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NewsLarger pub chains better placed for recovery
Larger pub chains have better recovery prospects from the pandemic than smaller operators and independents, and could even gain market share, according to global credit ratings agency S&P Global Ratings.
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NewsPub staff required to check Test and Trace registrations
Pub staff will be asked to check drinkers’ phones to prove that they registered with the NHS Test and Trace app, when hospitality venues reopen on Monday (12 April), the Telegraph has reported.
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NewsMarston’s looks to reopen 70% of estate next week
Marston’s has said it is planning to reopen 70% of its estate in England from 12 April, and subject to regulatory confirmation, the majority of our Scottish and Welsh pubs on 26 April.