Pubs, Bars & Clubs News – Page 85
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Simmons puts Clerkenwell lease up for sale
Simmons Bars, the Lonsdale Capital backed group, has put the lease of its Clerkenwell site up for sale through AG&G.
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JW Lees appoints former Hallmarks Hotels MD
JW Lees has appointed David Grosfils, the former managing director of Hallmark Hotels, as its new director of operations – hotels & inns.
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Ei Group expects managed lfls to level out
Ei Group chief executive Simon Townsend has told MCA he expects like-for-like growth in the group’s managed estate to level out to 3% to 4% as the business matures.
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Marston’s sees H1 growth across the board
Marston’s saw like-for-like sales (lfls) across its managed and franchised pubs grow 2.2% in the 26 weeks to 30 March, with a 3.2% hike in the final 10 weeks of the period.
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Urban: ‘We do the same things with 110 sites as we did with 30’
As part of the launch of the CGA Stone & River Brand Momentum report, Mitchells & Butlers’ chief executive Phil Urban talks about how the multi-branded operator has remained at the top spot despite the volatility of the market.
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Great Northern Inns grows to 10
Great Northern Inns is to grow its portfolio to 10 with the opening of The Refinery in West Bridgford.
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Nolan builds estate with acquisition of Sussex pub
Multiple operator Paul Nolan has acquired The Bear Inn at Burwash in East Sussex.
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McMullens grows Destination estate with Milton Keynes new-build
McMullens, the Hertfordshire-based family brewer and pub operator, is to build a new pub in Milton Keynes.
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JDW Q3 lfls up 7.6%
JD Wetherspoon has announced like-for-like sales (lfls) in the 13 weeks to 28 April rose 7.6%.
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BrewDog rolls out hotdesking initiative
BrewDog has started the rollout its hot-desking concept, DeskDog, with 26 UK sites and three international ones now offering the initiative.
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Loungers introduces employee share ownership scheme
Loungers is to offer shares in the newly listed business to its longest serving employees, MCA understands.
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Cityglen confirms sixth site
South-east London based, Cityglen Pub Company, has confirmed it is to open its sixth pub, The Great Southern, this May in Gipsy Hill, as first reported by MCA in January.
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Black Sheep Brewery acquires Arc bar
Black Sheep Brewery, the Yorkshire-based business chaired by ex-Punch director Andy Slee, has acquired the Arc Inspirations site, Kith & Kin, in Chapel Allerton, Leeds.
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Pubs Code review launched
The Government has launched its promised review of the Pubs Code and the effectiveness of the adjudicator.
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7Bone trials craft beer bar Strobelight Honey in Reading
7Bone, the Kings Park Capital-backed burger concept, is trialling a craft beer bar concept at its Reading site, with the possibility of bringing it to further restaurants as a standalone concept, MCA has learnt.
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Oakman Inns completes acquisition of seven-strong pub freehold package
Oakman Inns has acquired a seven-strong package of its own managed pubs’ freeholds, with combined EBITDA of £2.8m, from funds managed by Downing LLP.
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GK FY managed lfls up 2.9%
Greene King has reported like-for-like sales (lfls) in its managed Pub Company arm in the year to 28 April were up 2.9%.
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Hall & Woodhouse announces changes to senior team
Hall & Woodhouse has announced a shake-up of its senior team, with business partnerships director Matt Kearsey promoted to managing director after 10 years with the business.
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Loungers AIM shares open at a premium
Loungers’ shares were officially admitted to AIM this morning, with trading beginning at a premium.
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NWTC secures Warrington site
The New World Trading Company has secured a site in the new Time Square development in Warrington, MCA understands.