Pubs, Bars & Clubs News – Page 91
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NewsAinsworth takes on The Mariners in Rock with Sharp's
Paul and Emma Ainsworth have acquired the lease of The Mariners in Rock, Cornwall, in a joint venture with Sharp’s Brewery.
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NewsEverards on symbiotic bond between pub estate and brewery
MCA talks to Everards managing director, Stephen Gould, on the back of its most recent financial results, with pub like-for-like sales up 2% in the year to 30 September 2018 and 2.5% in the year to date. He discusses consolidation in the beer market; why the managed pub model may be creaking and how smart operators are investing in occasions.
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NewsPeach calls off sales process
Peach Pubs has called off its sales process after two prospective deals fell through at the 11th hour, MCA understands.
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NewsStonegate FY lfls up 4.7%
Stonegate Pub Company has reported like for like revenue up 4.7% in the full year to September 2018.
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Laine open to more package deals
Laine Pub Company will consider more package deals, including new clusters of pubs outside of London and Brighton, if it’s “the right thing, at the right time”, MCA has learnt.
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NewsTim Martin hits back at Owen Jones’ claims
JD Wetherspoon chairman Tim Martin has hit back at accusations levelled at him in chaotic interview with Guardian journalist Owen Jones last month.
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NewsInn Collection grows to 10
The Inn Collection Group has grown to 10 sites with the acquisition of The Queens Hotel in Ambleside, in the Lake District.
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NewsImbiba back Farmer J
Farmer J, the health-focussed fast casual concept, has secured £1.9m of investment capital to support its London expansion. The investment, supported by Imbiba, alongside existing shareholders and business angels, comes as the group prepares to open its third site – in Canary Wharf’s Canada Place - next month. Jonathan Recanati, ...
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EiG commercial properties sale approved
Ei Group shareholders have unanimously backed the disposal of the group’s commercial properties arm for £348m.
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NewsThe Potting Shed Harrogate closes
The Potting Shed in Harrogate, the last opening under the Burning Night Group, has closed, MCA understands.
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NewsNear & Far heading to Camden
Near & Far, the cocktail bar and café concept, is opening a third venue, in Camden, MCA understands.
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NewsEiG managed lfls up 5.7% in Q1
Ei Group has reported like-for-like net income growth of 2% across it tenanted and leased pubs estate in the 18 weeks to 2 February.
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NewsNewRiver completes Hawthorn integration
NewRiver chief financial officer Mark Davies has told MCA that the synergies from the integration of the Hawthorn Leisure estate could exceed the target £3m.
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Greene King hits £5m Macmillan milestone
Greene King has hit £5m in its fundraising drive for its charity partner, Macmillan Cancer Support.
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NewsPunch launches new recognition scheme
Punch has launched a new recognition scheme - #OurAwesomePeople – designed to celebrate best ways of working.
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Redcomb founders to launch new pub company
Dan Shotton and Mark Draper, the co-founders and joint MDs of Redcomb Pubs have founded a new business called Prospect Pubs & Bars.
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NewsOakman acquires Buckingham pub
Oakman Inns has acquired a Grade II listed Buckingham pub for an undisclosed sum.
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NewsLondon’s late-night approach ‘should be example to rest of UK’
Proposals to help save the high street by making the most of London’s underused spaces with exhibitions, live performances and temporary bars have been applauded by leading industry figures.
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Old Spot Pub Company lines up two new sites
Old Spot Pub Company, an Ei Managed Investments venture, has lined up two further openings for 2019, which will take its portfolio to seven.
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Bayou Bar builds London pipeline
Bayou Bar, the New Orleans street food concept based in Tooting Broadway Market intends to open a further two sites across London by the end of the year, MCA has learnt.