All Pubs articles – Page 276
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Maximum gaming machine prizes raised
New regulations increasing prizes in pub machines come into effect from today (15 Jan)
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Good Pub Guide winners eye expansion
The team behind the Beckford Arms in Wiltshire, which was crowned dining pub of the year in 2013 Good Pub Guide are looking to expand across the region over the next few years
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Hydes sets out plans Northern Quarter gastro-pub plans
Hydes, the Manchester-based brewer and pub operator, has set out plans to develop a hotel, pub and restaurant in the city’s Northern Quarter district
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Jack raises JDW TP
Leading analyst Doug Jack has raised his Target Price for JD Wetherspoon, “reflecting stronger medium-term growth prospects”, ahead of its H1 results next Wednesday
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Next Hall & Woodhouse MD won't be a family member
The next managing director at Hall & Woodhouse, the Dorset-based brewer and pub operator, will not be a family member, current MD Anthony Woodhouse has told South West Business Insider
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Punch announces full restructure proposal
Punch Taverns, the tenanted and leased pub operator, has announced the full terms of its debt restructuring proposal and said that failure to effect the restructure would be expected to lead to a default in the near-term
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Mallon becomes Scottish Beer & Pub Association president
Steve Mallon, managing director of Scottish pub and bar operator Maclay Group, has taken over as president of the Scottish Beer and Pub Association
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Former pubs minister urges tougher action on pubcos
A former Government minister for pubs has urged Business Secretary Vince Cable to go further under the proposed statutory code of pub companies and give tenants the right to have a free-of-tie option combined with an open market rent review.
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M&B makes executive changes
Mitchells & Butlers (M&B) has announced a number of changes to its executive team after four senior resignations, of which two are understood to be joining Tesco and one Caffe Nero
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3Sixty eyes pubs for Ego expansion
3Sixty Restaurants, the group led by James Horler and backed by Luke Johnson, is looking to acquire pubs as part of its expansion plans for its Ego brand
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Glendola unveils latest concept
Glendola Leisure, the London-based bar and restaurant group, has unveiled details of its latest concept in the City, a joint cocktail bar/steak restaurant set across two floors called Grace & Grain
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Jack raises Spirit TP
Leading analyst Douglas Jack has increased his Target Price for Spirit Pub Company from 100p to 110p after this morning’s Q1 interim management statement
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Spirit Q1 Managed lfls grow 4.3%; Leased returns to growth
Spirit Pub Company has reported a 4.3% rise in like-for-like net sales in its Managed arm in the 20 weeks to 4 January - including growth of 7% over Christmas - while its Leased estate returned to like-for-like net income growth
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Analysts upbeat on Greene King
Leading analysts have given a positive response to Greene King’s Q3 trading update yesterday, in which it reported a 5% rise in like-for-like sales at its managed sites in the past six weeks, with managed like-for-likes up 6.3% in the two weeks over Christmas and the New Year
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Anglian Country Inns names first ops director
Anglian Country Inns (ACI), the Hertfordshire-based pub and restaurant group, has appointed Howard Nye as its first operations director
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Greene King managed lfls rise 6.3% over festive fortnight
Greene King, the brewer and pub operator, has reported a 5% rise in like-for-like sales at its managed sites in the past six weeks, with managed like-for-likes up 6.3% in the two weeks over Christmas and the New Year, including sales on Christmas Day up 12%
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Everards eyes six acquisitions in 2014
Everards managing director Stephen Gould has told M&C Report he hopes to add around six sites this year, as the company reports a 1.7% rise in profit before tax and exceptionals to £1.6m in the year to 30 September
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Peach eyes acquisitions as festive lfls grow 7.1%
Peach, the Oxfordshire-based multiple pub operator, says it’s looking to secure one or two more new sites this year as it reports a 7.1% rise in like-for-like sales in December
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Hall & Woodhouse secures £20m loan
Hall & Woodhouse, the Dorset-based brewer and pub operator, has secured a £20m, three year loan from M&G Investments to help it acquire and and invest in new pubs
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Palmers targets acquisitions and investments
Palmers, the Dorset-based brewer and pub operator, has told M&C Report that turnover in its tenanted pubs grew 5% in the year to November, and that it’s actively looking to make acquisitions and investments in 2014/2015