Pubs, Bars & Clubs News – Page 72
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Wells & Co. increases turnover in year of continued investment
Wells & Co. has reported an increase in operating profit in 2019 as it embarks on “an exciting year for the business.”
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Roseacre Pub co takes fourth Star site
Midlands based pub operator Roseacre Pub Company has taken on its fourth Star Pubs & Bars site, bringing its food led pub estate to nine.
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Hubbox heads to Cheltenham
South East burger brand Hubbox is to join the line-up at Cheltenham’s The Brewery Quarter development.
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D&D to launch £4m Birmingham tower restaurant
D&D London has agreed terms with Sterling Property Ventures to launch a rooftop restaurant at the 103 Colmore Row development in Birmingham, which will become the city’s tallest office building, The Times reports.
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Rates relief reaction: 'This is fantastic news for pubs'
Leading trade bodies have welcomed the Government’s announcement of business rates relief for pubs, and commitment to wider reform, has been welcomed.
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Inn Collection acquires The Black Swan in Helmsley
The Inn Collection Group has made its second acquisition of the year with the purchase of landmark Yorkshire coaching inn, The Black Swan in Helmsley.
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Marston’s: lfls up 1% amid weak food sales
Marston’s has reported like-for-like sales up 1% for the 16-weeks to 18 January 2020, reflecting growth in drinks offset by weaker food sales.
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Daniel Thwaites acquires pair of Lancashire pubs
Daniel Thwaites, the Lancashire based brewer and pub operator, has acquired two pubs in Lancashire - the Pendle Inn in Barley, and the Hare and Hounds in Foulridge.
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Punch buys package of seven pubs from Heartstone Inns
Punch has completed the acquisition of seven pubs from Heartstone Inns.
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Darwin & Wallace: 'We are the antithesis of a gastropub'
Darwin & Wallace MD Mel Marriot talks balancing profitability and values in her twenty first century pub concept.
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Hawthorn Leisure: ‘Plenty more opportunities in pub sector’
Hawthorn Leisure CEO Mark Davies has told MCA he believes there will be plenty more opportunities for acquisitions in the pub market following the bumper M&A year of 2019.
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Hawthorn Leisure reports strong Christmas trading
Hawthorn Leisure has reported a “resilient operational performance” supported by strong Christmas trading in its third quarter update released today.
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Wetherspoon HY like-for-likes up 5%
J D Wetherspoon is in a “sound financial position,” according to its second quarter business update released today.
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CMA invites comments on Stonegate/Ei deal
The Competition Markets Authority has invited comments from interested parties regarding the Stonegate/Ei deal.
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Whisky concept launches at Republic
Bar concept Black Rock will be the first wet-led offering in London’s Republic building.
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Pub prices up 4% amid M&A activity
Average pub prices are up 4% year on year after the busiest year of transactions in a decade, according to Christie & Co.
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Oakman Inns refinances debt with Cynergy Bank
Oakman Inns & Restaurants has partially refinanced its secured debt on The White Hart in Ampthill, Bedfordshire and The Royal Foresters in Ascot, Berkshire through an £11m loan from Cynergy Bank.
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Barkby acquires Huntington site
Premium gastropub operator The Barkby Group has acquired a new site in Huntington, Cambridgeshire.
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Greene King: vegan dishes up 265% yoy
Greene King has reported total sales of vegan dishes were up 265% year-on-year.