All Punch Pubs Co articles – Page 5
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NewsGarrood: Encouraged by initial results of new strategy
Duncan Garrood, chief executive of Punch, has said that the company has been encouraged by initial results of its new strategy
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Punch: Performance in line with expectations
Punch has said that its performance for the 28 weeks to 5 March was in line with management expectations as it reported that average profit per pub across its entire estate increased 3% during the period
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NewsPavli to head up Punch’s Mercury Pubs arm
Punch has re-structured its turnaround division, which has been renamed Mercury Pubs and is now headed by Paul Pavli, MCA understands.
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Punch trials group energy deal for publicans
Punch is trialling its own energy deal for its publicans.
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Punch to absorb duty freeze
Punch has become the first pubco to announce it will absorb the increase in duty included during this year’s Budget.
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NewsPunch aims for profits boost from Christmas training
Punch is targeting increased sales and profits from Christmas trading this year following a package of measures aimed at helping its tenants get the most out of the period.
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Oak Taverns opens second Punch JV
Oak Taverns has opened its second joint venture with Punch Taverns after a £500,000 investment in the Queen Charlotte, Windsor .
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Punch launches HR toolkit for publicans
Punch Taverns has launched a new HR toolkit for its publicans, giving guidance on recruiting, inducting, developing, managing and retaining employees.
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Punch creates marketing director role
Punch is recruiting a marketing director as one of three new roles created by chief executive Duncan Garrood.
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NewsPunch: Retail Contracts; Harry Ramsden’s and developing surplus land
M&C spoke to Punch chief executive Duncan Garrood following yesterday’s FY results, about the company’s new Retail Contracts; potential for new brands; scope for developing surplus land around its pubs; the move to managed and why the partnership with Harry Ramsden’s is likely to be the first of many .
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OpinionUnpicking Punch's new model
Punch Taverns this morning unveiled a number of new ways in which it is working with licensees, including the creation of a Retail Contracts division. M&C speaks exclusively to the head of that division, Andy Crump, to examine details of how Punch has added a new twist to the operator agreement with its profit-based incentives and reveal the location of its first managed pub.
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NewsPunch unveils new operating formats
Punch Taverns has revealed details of its new operating models including a turnover based agreement, its first managed house and commercial free-of-tie arrangements as well as the potential to franchise out some of its concepts.
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NewsPassey joins Punch
Ed Passey, who stepped down as group operations director of Red Hot World Buffet (RHWB), earlier this year, has joined Punch Taverns
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Punch completes Matthew Clark sale
Punch Taverns has completed the sale of its 50% stake in the Matthew Clark drinks supply business to Conviviality in a deal worth £100.7m.
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NewsPunch shareholders agree Matthew Clark sale
Punch Taverns shareholders have given their approval to the sale of the company’s 50% stake in drinks supplier Matthew Clark.
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Analysis & InsightLogical step, logistical nightmare?
PizzaExpress arguably made one of the most significant steps in its 50 year history last week when it launched delivery in two of its London sites. It is a logical move for the company, but as it looks to build share in a c£1.1bn market can it take on the logistical and marketing giant that is Domino’s?
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Analysis & InsightPunch's Garrood on going forward
Duncan Garrood, chief executive of Punch Taverns talks to M&C about his first few months in charge and his vision for the future. He explains why he is ‘furious’ at some criticism levelled at the company, why the pubs code has already had unintended consequences, sets out his view on a VAT cut and explains why the company would consider carrying out its own sensitive redevelopments of surplus land around pubs.
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NewsPunch further tweaks management team
Punch Taverns has further tweaked its management team, as it gears up to unveil its future strategy in November
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Punch supports cask ale week for fifth year running
Punch Taverns is once again preparing to support Cask Ale Week by running the UK’s largest free pint promotion
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NewsPunch markets three central London freeholds
Punch Taverns is selling three central London freehold pubs for investment as part of its on-going estate review