Pubs, Bars & Clubs News – Page 95
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Deltic sees pre-booked xmas sales up 5% YOY
The Deltic Group has seen a 5% like-for-like sales increase in pre-bookings for Christmas, MCA has learnt.
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Camerons eyes Scotland debut in 2019
Camerons Brewery’s finance director John Foots has told MCA that the group is targeting five to six new pub openings in 2019 and hopes to expand its reach into Scotland.
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Admiral eyes opportunities for growth in 2019
Admiral Taverns chief executive Kevin Georgel has told MCA that the company is primed for further acquisitions and expects there to be significant opportunities in Q2 and Q3 of 2019.
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Mitchell’s of Lancaster goes into administration
Mitchell’s of Lancaster has appointed administrators, blaming a “troubled landscape, rising business rates, increased minimum wage, and the continued uncertainty surrounding Brexit”.
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Shepherd Neame partners with microbrewery for Maidstone pub
Shepherd Neame has unveiled a partnership with Kent microbrewery Rockin’ Robin.
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PubLove to close Great Eastern site
PubLove, the Ei Group joint venture, its to close its Millwall site early in the New Year as it consolidates its estate ahead of a fresh growth push in 2019, MCA as learnt.
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Three Cheers sets out ambition to double estate
Three Cheers has said its long-term vision for the company is to double the size of its estate over the next 10 years, MCA has learnt.
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Antic updates its pipeline
Antic has updated the list of pubs it is currently ‘fermenting’, to include new sites in Elephant & Castle and Brixton.
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NWTC secures Lincoln site for The Botanist
New World Trading Company has secured a site in the Cornhill Quarter in Lincoln for an opening under its Botanist brand in early 2020.
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Young’s CFO steps down
Young’s has announced the immediate departure of Steve Robinson as chief financial officer.
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Everards acquires Daventry pub
Everards has acquired canalside pub, The Admiral Nelson, in Daventry, Northamptonshire.
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Stonegate trials ‘next generation’ Walkabout in Watford
Stonegate Pub Company is trialling several ‘next generation’ concepts at the newly refurbished Walkabout in Watford, MCA has learnt.
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Ossett Brewery sells 50% stake to private investor
Ossett Brewery has sold a 50% stake in its group business to private investor Mark Hunter, and said it plans to expand its freehold pub and Craft Asylum bar estate next year.
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Duck & Rice eyes London and international licensing
The Duck & Rice pub in Soho – the concept conceived by Alan Yau in 2015 – is in talks regarding its first overseas licensing deal.
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Electric Star Pubs secures The Fellowship Inn for sixth site
Electric Star Pubs has secured The Fellowship Inn, in south east London, for its sixth opening.
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More than a Pub receives funding extension
More than a Pub, the group set up to help support community ownership of pubs, has received a £2.2m extension to its funding.
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Indapubs looking to treble estate over next seven years
Indapubs is looking to expand its estate to between 10 and 12 sites over the next five to seven years, MCA has learnt.
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Second round bids due to Ei Group commercial properties portfolio
A handful of investment funds are believed to be through to the second round of bidding for Ei Group’s c350-strong commercial property division, which MCA understands has a book value of c£340m.
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NewRiver acquires 76 Star pubs
NewRiver has confirmed to MCA that it has acquired 76 sites from Star Pubs & Bars, taking its Hawthorn Leisure pub arm to over 700.
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Coaching Inn Group YTD lfls up 9.3%
The Coaching Inn Group has reported like-for-like sales in the year to date up 9.3%.