Pubs, Bars & Clubs News – Page 77
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Camerons launches new look for Head of Steam
Camerons Brewery has unveiled a new logo and design for its The Head of Steam pub group. The new look will be launched at its latest venue, on Park Row in Leeds, which opens tomorrow (27 September).
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Shepherd Neame to maintain c.£10m capex in pub estate
Shepherd Neame will continue to invest c.£10m per year in its pub estate on a long-term basis, chief executive Jonathan Neame has told MCA.
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Admiral acquires 150-strong pub portfolio from Star
Admiral Taverns has confirmed it has reached an agreement to acquire a portfolio of 150 tenanted community pubs form Star Pubs & Bars.
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Martin Scott appointed NED at Stay Original
Former Hall & Woodhouse finance and commercial director Martin Scott has been appointed as a non-executive director of pub and boutique hotel group Stay Original.
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Tim Hortons lines up four more openings for 2019
Tim Hortons has four new restaurant openings lined up between now and Christmas which will see the Canadian fast food brand hit 25 sites, MCA can reveal.
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Sales hike at Social Entertainment Ventures
Social Entertainment Ventures, which operates Bounce, Flight Club and Puttshack, has released its results for the year ending 30 September 2018. Sales were up 10.4% to £14.5m, but pre-tax profits were down and the business made a loss of £2.2m after taxation.
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The Imperial Arms in Chelsea closes
Epic Pub Company’s The Imperial Arms in Chelsea has closed after being taken into administration.
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Sales hike for City Pub Group
The City Pub Group has revealed a sales uplift of 36% to £27.1m for the 26 weeks ended 30 June 2019. It said like for like sales were up 2.6% and pre-tax profits, adjusted for a share options charge and exceptional items, were up 19% to £1.9m.
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Punch and Biff’s team up on vegan offering
Vegan fast food operator Biff’s has partnered with pub operator Punch, in a deal that will see its burgers and wings included on menus across the group’s nationwide portfolio.
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Epic Pub Co calls in administrators
Epic Pub Company, the Rufus Hall-chaired operator, has appointed administrators, MCA understands.
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Whelans expands to 10 with new Star Pubs site
South east pub operator Whelans has grown its estate to 10 sites, with the addition of its latest site through Star Pubs & Bars, and has plans to double its footprint.
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Craft Union to significantly boost pub pipeline
Craft Union is looking to build its pipeline of sites to 400 over the next year, with a continued focus on its wet-led only community pub proposition, operations director Frazer Grimbleby has told MCA.
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No further EU product swaps planned for Wetherspoon
JD Wetherspoon (JDW) is not planning to make any additional product swaps to non-EU sourced alternatives, following the introduction of several new lines last year.
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Fuller’s develops new all-day dining concept
Fuller’s has invested c.£2million in a new all-day dining concept at The Chamberlain Hotel in the City.
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Pub visits decline in year to July 2019
The number of pub visits are down 1.2% for the year ended July 2019, according to the latest NPD Pub Tracker data.
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Gerry Carroll to step down as CEO of Hawthorn Leisure
Hawthorn Leisure’s chief executive Gerry Carroll has decided to step down from his role, with effect from 1 October 2019, with Mark Davies, executive chairman of Hawthorn Leisure to take on the position.
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Priory Inns takes on 10th site
Priory Inns North West has taken on its 10th site – and second with Star Pubs & Bars – as it looks to expand of its Warrington heartland.
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Drink-led pubs see spike in lfls after mini heatwave
Wet-led pubs achieved a 4.1% increase in like-for-like sales (lfls) during August as the mini heatwave brought out drinkers, according to the latest Coffer Peach Business Tracker.
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Wetherspoon slices 20p off price of Ruddles
JD Wetherspoon (JDW) has reduced the price of a pint of real ale by an average of 20p.
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Recommendation for ‘pub relief’ on alcohol duty
The ability for pubs to claim back a proportion of alcohol duty, through a new ‘Pub Relief’, has been set out as a recommendation in a new report on reforming alcohol duty in the UK.