All Pubs articles – Page 303
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NewsCollyer raises JDW lfl forecast, warns on margin
Leading analyst Geof Collyer has raised his FY like-for-like forecast for JD Wetherspoon from 2% to 3% but accused the managed operator of “yet again chasing sales at the expense of margin”, with “little if any underlying profit growth”
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Star to invest £3m on accommodation and repairs
Star Pubs & Bars, the Heineken-owned leased pub operator, has said it would have spent £3m in living accommodation at crucial repairs at 110 pubs during 2013
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NewsBrewDog extends latest fundraising after “epic” response
BrewDog, the Scottish brewer and pub operator, has extended the limit set for its crowdfunding scheme, Equity for Punks, after an “epic response” to thefundraising so far
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Stongegate introduces evolved Scream
Stonegate is introducing an evolved version of its Scream student-focused concept under a new project called Common Room, M&C Report has learnt
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Darwin & Wallace closes in on second site
Imbiba Partnership, the investment vehicle led by John Connell, is closing on a second site for its fledgling Darwin & Wallace (D&W) format, as it gears up to launch its third round of fundraising
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NewsFrench holds JDW forecast
Leading analyst Simon French has reiterated his Buy recommendation and 806p Target Price for JD Wetherspoon following the managed operator’s Q1 results yesterday
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NewsJDW projects up for design awards
Harrison Ince Architects have been shortlisted for the Northern Design Awards 2013 for its work on two Wetherspoon pub projects
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Bramwell sites on market spread across UK
The 35 former Bramwell Pub Company sites that have been placed on the market with Christie + Co are located in a fairly even split across the country
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NewsJDW secures £100m expansion fund
JD Wetherspoon has secured an extra £100m facility for its expansion plan, chairman Tim Martin has told M&C Report
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NewsThwaites eyes disposals and acquisitions
Rick Bailey, chief executive of Lancashire-based brewer and pub operator Daniel Thwaites, has told M&C Report he expects the company to dispose of more bottom end pubs and reiterated plans to acquire additional high quality sites
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NewsFurther Bramwell closures expected
Further closures of pubs operated by Bramwell are expected after another six of the group’s sites were closed and placed on the market, following the company being placed into administration last week
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Charles Wells creates new digital role
Charles Wells, the brewer and pub operator, has created a new role that focuses on improving its on-line presence
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Spirit promotes Young to facilities director
Spirit Pub Company has promoted David Young from head of investments to investments and facilities director
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Pint Shop concept launches
Pint Shop, the contemporary beer house concept, founded by Benny Peverelli and Richard Holmes, formerly executive chef and head of operations respectively at Leon, has launched in Cambridge
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OpinionPubco for sale, two careful owners
Orchid boss Rufus Hall is on a charm offensive as he tells Rob Willock the story of the group’s rise and rise from the ashes of a pre-pack to a successful estate of 250 pubs that are positively blooming
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Tommy Flynn's pub brand up to four
London Metropolitan Taverns, the London-based pub operator led by Sean Flynn, has opened its fourth pub under the Tommy Flynn’s brand and its first outside the capital, in Northampton
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Ideal launches new build Boat House Cafe
Ideal Collection is opening its seventh site in Chichester, West Sussex next week (15 November)
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NewsJDW raises openings target; Q1 lfls rise 3.7%
JD Wetherspoon, the managed pub operator, has increased its full-year openings target to between 40 to 50 as it reported a 3.7% rise in like-for-like sales in the 13 weeks to 27 October, with a slight dip in operating margin
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NewsThwaites H1 PBT grows 24.5%
Daniel Thwaites, the Lancashire brewer and pub operator, saw pre-tax profits rise 24.5% to £4.9m in the six months to 30 September and said it has witnessed an improvement in consumer confidence
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Balfour Lynn eyes London pub estate
Richard Balfour-Lynn, the founder of MWB Group Holdings, the former owner of the Hotel du Vin and Malmaison chains, is looking to build an estate of pubs in London, M&C Report understands