All Pubs articles – Page 297
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News
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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NewsFormer 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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NewsM&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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News
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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NewsJack 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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NewsSpirit 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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NewsAnalysts 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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News
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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NewsGreene 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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News
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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NewsHall & 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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NewsPalmers 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
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News
Columbo Group secures two renowned venues
Columbo Group, the London-based multiple operator headed by former Fabric head of promotion Steve Ball and Riz Shaikh, has bought two renowned bar and music venues in East London, M&C Report has learnt
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News
WPC Inns in administration
WPC Inns, the multiple operator led by Nick Long, has been placed into administration just over a year and a half after the business emerged through a pre-pack process out of Windsor Pub Company
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News
W&H eyes pipeline
Whiting & Hammond (W&H), the south east-based multiple operator, is looking to open up to three sites this year
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NewsRollo: M&B expected to report c1% lfl growth
A leading analyst has said that he expects Mitchells & Butlers (M&B) to only report c.1% like-for-like sales growth despite what should be a strong festive season when it updates the market at the end of this month
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NewsFormer Gondola exec to head Slug & Lettuce
Stonegate, the managed operator, has announced the appointment of Clare Staples to head up its Slug & Lettuce, Missoula and Living Room brands
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NewsBramwell owed £60.6m at collapse
Bramwell Pub Company collapsed owing £60.6m to creditors, according to a new report that says the decision to put the company in administration followed a deterioration of trade and was sparked by one of its suppliers reducing its credit terms and demanding phased payments totalling £2.2m