By M&C Report team2007-07-08T08:15:00+01:00
Digital technology, implemented during the pandemic, has boosted the popularity of more premium drinks and provided valuable data for operators, MCA’s Pub Conference audience heard.
Inflation has soared to its highest level in nine years, with the Office for National Statistics (ONS) claiming this is down to last year’s Eat Out to Help Out scheme.
During the first ten weeks of its new financial year (5th July to 12th September) Oakman Group has reported total growth of 39.3% and like-for-like growth versus 2019 of 16.2%.
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The challenges around acquiring large freehold pub sites in great market towns has led Oakman Inns to refocus its growth strategy.
Pub deals such as Admiral Taverns’ acquisition of Hawthorn and Punch’s of Ram Pub Company show buyers are willing to look “forwards, not backwards”, Simon Johnson of CBRE has said.
Electric Group, the nightclub and live music venue operator backed by family that own River Island, has secured the former O2 Newcastle Academy, with plans for a UK-wide expansion drive.
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