Pubs, Bars & Clubs News – Page 6
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NewsNightcap acquires Brighton i360 viewing tower
The Sarah Willingham-led late night group will operate the viewing tower and hospitality areas of the attraction, in a “fresh start” for the i360
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NewsIncipio Group achieves 21% like-for-like growth
The bar group has also made a series of senior appointments ahead of its anticipated launch at a 39,000 sq ft space in London’s Olympia this year
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NewsBoxpark Shoreditch to remain open until September
Boxpark Shoreditch has secured a lease extension and will remain open until the end of September 2025, providing certainty for the 47 independent businesses operating at the site
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NewsAdmiral Taverns sees profits up on last year
The community pub group reported an increase in underlying EBITDA for the year to 26 May 2024, to £59.7m, which it expects to exceed in the current financial year, supported by strong sales and investment in its estate.
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NewsLidl to open first in-store pub
The supermarket chain will open a pub within its store in Dundonald, near Belfast, offering capacity for 45 customers as well as an off-licence area
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NewsOpenings of the week
MCA rounds up this week’s biggest openings stories, including itsu, Bancone and German Doner Kebab
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NewsHospitality sector remains steady, but Q4 closures threaten stability
Britain’s hospitality sector maintained overall stability in 2024, with the number of licensed premises standing at 99,120 in December
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NewsUnruly Pig tops Top 50 Gastropubs list for third time
Number two in the list was awarded to The Devonshire in Soho, which also took the title of Highest New Entry
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NewsGreene King makes investments in digital
The pub company, which has launched a new web platform, data capability and consumer app, grew digital bookings by 13% in December
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NewsButcombe sees strong Christmas and London trade
Christmas like-for-like sales were up 23%, while London pubs were saw 27% growth in the second half of the year
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NewsMcMullen’s acquires third Oakman pub
McMullen’s has taken on The Anchor in Hulbridge, and expects to announce another London freehold acuisition by the end of the month
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NewsVagabond toasts bumper Christmas
The wine bar group reported a 16.3% surge in like-for-like sales in the six weeks to 23 December, with plans for further investment and expansion
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NewsAdmiral Taverns tops licensee sentiment tracker
The community pub group has improved its scores year-on-year, taking first place among the largest, national pub companies, with an overall score of 7.7 out of 10.
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NewsUrban Pubs & Bars reports record EBITDA
The 53-strong pub and dining group reported a 26% increase in EBITDA, to £8.7m, for the year to 28 April 2024, versus the previous year, with further growth to be supported by new £30m banking facilities.
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News‘Survive 2025’: Small businesses scramble to avoid collapse under Labour
Hospitality and retail sector employers say they ‘can’t magic money out of thin air’, The Telegraph reports
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NewsShepherd Neame launches share buyback programme
The regional pub company is buying up and cancelling its ordinary shares up to a maximum of £0.5m in order to boost the earnings and value of its shares
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NewsWetherspoons eyes move overseas
Sir Tim Martin said the company could open pub franchises in holiday destinations popular with Brits, such as Alicante, Benidorm and Majorca, but may also target winter sun destinations
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NewsJDW reports like-for-likes up 5.1% in year to date
The pub company reported like-for-like sales growth of 6.1% over the three weeks to 5 January 2025, with chairman Tim Martin stating it was “confident of a reasonable outcome for the year”
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NewsMarston’s reports ‘solid’ quarter
The pub operator reported like-for-like sales for the 16 weeks to 18 January 2025 up +2.0%, with poor weather conditions in November and January
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NewsBig Fang eyes global expansion with London launch
Experiential leisure operator Big Fang Collective is preparing to open its first London venue alongside wider international ambitions.