All Pubs articles – Page 318
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News
Rents stable on new pub leases
The average annual pub rent for new leases in England and Wales stayed stable at £24,939 during the third quarter of 2013
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Coffer: 2013 busiest for M&A in six years
Coffer Corporate Leisure, which provides M&A advice to the leisure sector, says this year has been its busiest period since 2007, having advised on over £200m of leisure investment transactions in 2013
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Palmers launches Academy of Beer
Palmers, the Dorset brewer and pub operator, has launched an Academy of Beer to help its tenants serve beer better
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Trade welcomes alcohol-related stats move
The pub trade has broadly welcomed a move by Public Health England to alter the way it reports alcohol-related hospital admission statistics
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NewsEnterprise eyes managed move
Enterprise Inns is considering a move to directly manage its better pubs, and also to introduce turnover-related rents, chief operating officer Simon Townsend has told analysts
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Admiral EBITDA up 7.1%
Admiral Taverns has reported a 7.1% rise in underlying EBITDA to £10.4m in the 23 weeks since its c£200m acquisition by US private equity group Cerberus
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News
TCG extends cask loyalty scheme
TCG, the managed operator, is to extend its cask ale loyalty scheme into 2014 after seeing sales grow 30% during its latest Proud of Our Ale festival
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Gov't being deceived over pub closure numbers
Nearly one in six pubs that were operating as tenancies in 2005 are no longer trading in that capacity — leading to accusations that the Government is being deceived over pub closure statistics
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Cains gets green light for £150m Brewery Village
Cains, the Liverpool-based brewer, has secured planning permission for the £150m development of the Cains Brewery Village
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NewsETI: succession planning, debt, investment
M&C Report talks to Enterprise Inns senior management team - chief executive Ted Tuppen, chief operating officer Simon Townsend and finance director Neil Smith - about succession planning, a restructure of its management team, developing its own version of Punch’s buying club, debt manageability, its business failure rate and further investment
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NewsSpirit to expand Flaming Grill
Spirit Pub Company’s value food brand Flaming Grill will roll out to more pub sites following the success of its recent repositioning, director Nick Young told the Pub Retail Summit
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Drystone Inns enters administration
Drystone Inns, the Cumbria-based pub management company, which ran three sites across Yorkshire, has been placed into administration
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News
Evan-Evans launches apprentice search
Evan-Evans, the Llandeilo-based brewer, is starting the search for 10 new apprentices to join the brewing company’s pub estate, and in doing so, appoint the first brewing apprentice in the Welsh brewing industry
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NewsGreat hosts 'key to bar success'
Being a skilled, engaging and efficient host as well as knowing how to “get the party started” is the key to running a successful bar, according to Be At One co-founder Steve Locke
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Beannchor to launch chicken concept
Beannchor is to become the latest operator to launch a chicken-led concept, with the opening of new restaurant Yard Bird later this month in Belfast
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Loungers and JDW sign up for Solihull
Operators including Loungers and JD Wetherspoon have signed up to open at the new Parkgate mixed-use scheme near Solihull
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M&B continues evolution of All Bar One
Mitchells & Butlers (M&B), the managed operator, is continuing to evolve its All Bar One estate aimed at increasing the brand’s attractiveness to groups
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OpinionSector to find more space for rooms
Following the food revolution, the next growth area for the pub sector is gearing up to be accommodation, with a number of operators set to invest significant funds into growing their room stock over the coming 18-24 months and as overseas tourists return to the UK
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NewsFY net income down 2.9% at ETI
Enterprise Inns has this morning reported a 2.9% decline in like-for-like net income for the year to 30 September, but said that it had witness an improving trend in the final quarter of the year, with like-for-like net income growth of 0.6%
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NewsTuppen to step down from Enterprise
Enterprise Inns chief executive Ted Tuppen has announced he is to retire from the group he founded in 1991 next February with current chief operating officer Simon Townsend to succeed him. Tuppen, who will leave the company 19 May, has been chief executive of the company for more than twenty years




























