All Pubs articles – Page 327
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NewsPunch re-ignites dispute with bondholders
Punch Taverns has re-ignited its dispute with its senior bondholders by saying that a number of claims made by them regarding Punch’s restructure proposals are “inaccurate”
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News
Realpubs founders eye return to pub industry
Nick Pring and Malcolm Heap are targeting a return to the pub industry in early 2014, Pring revealed at the MA300 event today
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News
Marston's seeks first franchise development manager
Marston’s is looking to appoint its first franchise development manager, M&C Report has learnt
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Analysis & Insight
Sector LFLs up 1.2% in May
Like-for-like sales among 27 leading pub and restaurant operators grew 1.2% in May, with London trading ahead of the rest of the country
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News
Glendola develops new concepts
Glendola Leisure is to expand its presence in Scotland and develop two new concepts, including moves into coffee shops and an evolved version of Waxy O’Connor’s, M&C Report learns
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News
CAMRA admits error in pub tenant earnings figures
CAMRA had admitted a “classification error” in its pub tenant earnings data, which revealed three in five licensees tied to large pubcos earn less than £10,000 a year
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News
Star eyes £3.6m Bristol investments
Star Pubs & Bars is to re-open nine pubs in the Bristol area during the remainder of the year after a combined investment of more than £3.6m
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NewsGrand Union looks past London
CEO Adam Marshall tells M&C Report that Bristol, Bath, Manchester and Brighton are possible target locations once it hits its London target
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News
New Moon eyes expansion
New Moon Pub Company, the Cheshire-based business co-founded by Paul Newman, is planning to expand its estate to eight sites in the next 12-15 months
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News
Punch bondholders call for independent restructure process
Senior bondholders have called for an independent restructuring process after rejecting the latest proposal from the company, The Times reports
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Analysis & Insight
Zolfo Cooper Profit Tracker: full report available
An in-depth, 24-page report on the 2013 Zolfo Cooper Profit Tracker, which charts the profit growth of the sector’s most successful privately owned operators, is now available to download
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News
Simmonds defends pubco self regulation to MPs
British Beer and Pub Association chief executive Brigid Simmonds has defended industry efforts to self-regulate after coming under fire from a committee of influential MPs today
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NewsShift of focus for Pitcher & Piano; pianos to return
Pitcher & Piano is being shifted away from the late-night sector to refocus on the after-work market, with pianos reappearing at some sites, M&C Report has learnt
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Tuppen challenges CAMRA on tenant earnings
Enterprise Inns CEO has refuted CAMRA’s assertion that 84% of licensees tied to the big pubcos earn less than £15,000 a year
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News
Loungers could accelerate openings
Loungers could accelerate its opening programme to 15 outlets per year and is on course to reach its 70-site target earlier than anticipated, MD Alex Reilley has told M&C Report
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News
VIDEO: Punch Taverns chairman Stephen Billingham outlines financial restructuring proposals
The group requires the support of stakeholders, but still hopes to implement refinancing by the end of June
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News
Loungers FY EBITDA grows 41%
Loungers has reported a 41% rise in EBITDA to £4.42m before central overheads in the year to 30 April as it opened nine sites in the period
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OpinionFuller's joins cider gold rush
With the London brewer entering the cider category with its acquisition of Cornish Orchards, John Harrington examines the opportunities that the sector holds
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News
Billingham: not much leeway on Punch restructure plan
Punch Taverns executive chairman Stephen Billingham also wanrs stakeholders that the consequences of not supporting the plan “are possibly quite severe”
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News
Grand Union reveals growth targets
London-based group eyes at least a 20-strong estate after Luke Johnson takes a 50% stake in the business