Pubs, Bars & Clubs News – Page 8
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Fuller’s sees strong start to summer
Fuller’s has provided a trading update ahead of its AGM today, with like-for-like sales rising by 15.1% in the 15 weeks to 15 July 2023
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Stonegate and City Pub Group join BBPA
The British Beer and Pub Association, whose members collectively represent over 20,000 UK pubs, has welcomed 13 new members this year
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End to alcohol tax freeze could see pub numbers fall further
Pub numbers could be set to decline as they brace themselves for an end to the freeze on alcohol tax, says finance specialist RIFT
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Brewdog: ‘Our roots will always be in hardcore craft beers’
Brewdog CEO James Watt has revealed his vision to create a top five global beer brand, but says its roots will always remain in craft beer
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Women’s World Cup set to bring £115m to sector
Pub, bars and restaurants will generate £70.1m in drinks sales alone as the 2023 FIFA Women’s World Cup kicks off on 20 July, according to research by VoucherCodes
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Late night levy extension ‘damaging blow’ for sector
The extension of the costly levy will be detrimental to the late night economy, according to UKHospitality.
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McMullen’s: Our London pubs are booming
McMullen’s co-managing director Heydon Mizon tells MCA that business is booming in the capital, after reporting the group’s highest annual turnover to date.
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Wetherspoon reports ‘continued improvement in sales’
The pub operator expects profits for the current financial year to be in line with market expectations, and an “improved outcome” for FY24
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Young’s acquires three Marston’s pubs
The Libertine in Bournemouth, White Hart in North Chippenham and White Lion in Tenterden are from Marston’s premium Revere division
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Pub People boosts freehold estate
The Downing-backed, Mark Crowther-chaired operator acquired six freeholds from Stonegate in June 2023
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Bar and pub spend fuelled by warm weather
Spending at pubs, bars and clubs increased 8.4% in June - its biggest boost since January this year, according to Barclays
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M&B ‘can act like a private equity co’
Mitchells & Butlers chairman Bob Ivell told MCA’s Pub Conference that the 57% ownership by Odyzean enables the managed pub and restaurant company to act with a more long-term approach than its public-listed peers
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Maven Leisure ventures North
The 3,600 sq ft, 176-cover sports bar & kitchen will open in Angel Central’s first floor
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Stuart Broad pub group targeting growth after devastating pub fire
This is Money speaks to England Cricketer Stuart Broad about his ambitions to scale up his two strong pub group to a total of ten in the next ten years…
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Boom Battle Bars goes international
XP Factory is to open its first overseas Boom Battle Bar in Jumeirah Beach, Dubai, this month, following a ‘transformational year’ of trading
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Hargreaves Lansdown: JDW widening appeal should provide resilience
JDW’s widening demographic should provide resilience as its value perception helps it through headwinds, according to analysts
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Black Sheep Brewery closes three pubs
North Yorkshire based-brewery Black Sheep has announced the immediate closure of three of its pubs, weeks after the company was bought out of administration by Breal Capital
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WH Pubs: We’re trying to think outside the box
CEO Brian Whiting says WH Pubs, formerly Whiting & Hammond, is a “completely different operation” after rescuing three of its sites via a pre-pack administration during the pandemic
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Dry June set to overtake Dry January
Sales of no- and low-alcohol beer in pubs are up 23% on last year, while regular beer sales have fallen 6%
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Camerons Brewery sells tenanted pub division to FB Taverns
The Hartlepool-based brewery has disposed of its 27 tenanted pubs to support growth across its brewing operation and managed pubs