All Pubs articles – Page 303
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News
Craft Beer Co to expand London estate
Craft Beer Co, the specialist beer bar concept launched by award-winning licensee Martin Hayes, is in advanced talks on securing a further two sites in London before the ened of the year
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NewsM&B Q4 lfls down 1%
Mitchells & Butlers (M&B) has this morning announced a 1% decline in like-for-like sales for the nine weeks to 21 September, but said that it expected to deliver a full-year result in line with expectations
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News
Punch: core division, disposals, food mix
M&C Report takes a closer look at the full-year update from Punch Taverns, including investment, disposals, 2014 guidance, restructuring, tenant support, driving food sales growth and analyst reaction
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News
Collyer: Darby's M&B honeymoon 'over'
The market will be looking for concrete developments and targets from Mitchells & Butlers (M&B) to justify its rising share price, with the honeymoon period for chief executive Alistair Darby now over, leading analyst Geof Collyer has argued
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NewsPubco giants shed one in three pubs
Enterprise Inns and Punch Taverns collectively disposed of one third of their pubs - more than 5,000 outlets - between 2008 and 2012, according to figures from the Fair Deal for Your Local campaign
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NewsFRG sells Mayfair’s Running Horse
The First Restaurant Group (FRG), which is currently in advanced discussions with private equity groups regarding new investment, has sold the Running Horse, one of the oldest pubs in London’s Mayfair, to a new venture led by James Chase and Dominic Jacobs, M&C Report understands
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News
Licence secured for Waterloo Tap
Bloomsbury Leisure, the pub and leisure venue operator led by Jonathan Dalton, has secured a licence for its latest beer-focused tap pub concept at London’s Waterloo station
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NewsPunch FY in line; restructuring to start in final quarter
Punch Taverns has this morning reported that its performance for the 52 weeks to 17 August 2013 was in line with guidance, with like-for-like sales in its core estate up 0.4% in the fourth quarter and considers that a consensual restructuring of its business can be launched in the final three months of this year
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Analysis & Insight
Only half of us spend free time at the pub
Only half of us now choose to spend any of our free time in a pub, according to a new survey by the Department of Culture, Media and Sport on how we spend our time
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NewsShepherd Neame FY managed lfls grow 3.3%
Shepherd Neame, the Kent brewer and pub operator, has reported a 3.3% rise in like-for-like sales at its managed sites in the 52 weeks to 29 June and a “robust” performance of its tenanted estate, where like-for-like EBITDA fell 1%
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NewsBrakspear restructures ops team
Brakspear, the Henley-based pub operator, has recruited a business development manager and restructured its operations team to “bolster support” for its licensees
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News
Best Place Inns: two on market, eyes Zone 1
Best Place Inns, the London-based pub and hostel operator, has placed two sites on the market as it looks to secure a flagship Zone 1 premises for a larger format
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NewsM&B lines up All Bar One opening
Mitchells & Butlers (M&B) will open the first site in over two years under its All Bar One brand this November after completing a deal with Network Rail to open in the new Euston Square development
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NewsSpirit to rollout 'intelligent' on-line reservation tool
Spirit Pub Company is to roll out an online reservation tool that enables each individual pub to “intelligently” manage online bookings
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NewsJack: M&B is 'one for 2014/2015'
Leading sector analyst Douglas Jack says he expects most of the upside for Mitchells & Butlers (M&B) to occur over the medium term
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Analysis & Insight
Less buzz, more longevity
Back in January 2008, the world was a different place. Post the Lehman Brothers crash, the talk then was that the “dip in the economy” as it was seen then, would correct itself by the summer and the previous period of growth would be back before the run up to Christmas. At the same time, M&C Report was picking its hot concepts to look out for in the coming 12 months
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News
Red Mist launch pub & grill format
Red Mist Leisure, the Surrey-based multiple pub operator, will open its fifth site and the first under a new pub & grill format in Farnham, this November.
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News
Pubs of Distinction eyes next stage of growth
Pubs of Distinction, the London-focused multiple operator, has secured its third site in the capital, in the City, and is understood to be close to acquiring a fourth unit near Holborn
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News
Vince Power sells North London bar
Vince Power, the music entrepreneur who founded the Mean Fiddler live music venue group, has sold a north London bar for £1m to the operators of the former Wax Jambu bar in Islington
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NewsRed Oak on acqusitions trail
Red Oak Taverns, the tenanted and managed pub company, is on the acquisitions trail after completing a refinancing, M&C Report has learnt