All Punch Pubs Co articles – Page 8
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OpinionA Mighty fine concept
With final clarity on the market rent only option in the pubs code still to be achieved, Punch Taverns is trialling formats as it looks to become more involved in the running of its c4,000 sites. Mark Wingett takes a look at what is already being achieved via its wet-led community pub concept Mighty Local.
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NewsPunch Taverns announces new CEO
Punch Taverns has appointed Duncan Garrood, current president of food at international franchise operator MH Alshaya, as its new chief executive.
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NewsPunch eyes further expansion for new formats
Punch Taverns believes there is potential to convert “hundreds” of its sites both across its core and turnaround estate to its fledgling wet-led community local model, Mighty Local, subject to clarity on the market rent only option (MRO), M&C Report understands.
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NewsPunch offers 21 new pub leases
Fleurets is marketing 21 new letting opportunities for Punch Taverns, the majority on nil premium.
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NewsPunch launches range of training workshops
Punch is helping its licensees maximise the Christmas trading opportunity with a range of free training workshops on key topics such as social media and marketing
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NewsPunch's Billingham gets new appointment
Punch Taverns executive chairman Stephen Billingham has appointed a non-executive director of Anglian Water Services.
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Punch offers allergen advice to tenants
Punch Taverns has reminded licensees that it is offering help with implementation of the new allergen laws.
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Analyst corner: Brumby on Punch Taverns part two
Mark Brumby at Langton Capital gives a further take on what Punch could do next, suggesting it could swap chunks of its estate at book value with regional operators for shares
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Analyst corner: Brumby on Punch
Mark Brumby at Langton Capital asks what if Punch scrapped Beer Tie, became a Prop Co, beefed up Buying Club, distributed 25% of it free to tenants & listed remainder on the Stock Market?
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NewsAbolishing beer tie would be terrible news for pub-goers
Punch Taverns chairman Stephen Billingham has said that abolishing the beer tie would be terrible news for UK pub-goers
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NewsAnalyst corner: Rollo on beer sales
Jamie Rollo at Morgan Stanley looks at the recent rise in beer sales in the UK, and says that this is particular good news for Punch Taverns and Enterprise Inns
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NewsPunch abandons focus on food revenue
Punch Taverns executive chairman Stephen Billingham has said the company has abandoned its target of food sales making up 35% of its tenants’ revenue.
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Analyst corner: Brumby on Punch
Mark Brumby at Langton Capital says that whilst some observers would say ‘not before time’, others would marvel that Punch Taverns has been able to keep its underlying business to the extent that it has
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NewsPunch Taverns roadshow attracts 2,331
Punch Taverns says 64% of its pubs attended one of its 2014 roadshows, making it the most successful in its 11-year run.
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NewsFY lfl net income up 1.3% at Punch
Punch Taverns has this morning reported a 1.3% rise in like-for-like net income across its 2,925-strong core estate
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NewsCollyer: Punch is re-emerging into the ring in better shape
Leading analyst Geof Collyer at Deutsche Bank has said Punch Taverns is emerging back into the ring in fitter, leaner form
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NewsJack upgrades Punch to Add
Leading analyst Douglas Jack at Numis has upgrade his recommendation on Punch’s shares to Add from Hold
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Punch ordered to pay damages to tenant in latest PICAS hearing
Damages have been awarded against Punch Taverns for breaches of its code of practice following the latest case to go through the Pubs Independent Conciliation & Arbitration Service (PICA-Service).
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NewsPunch rolling out Mighty Local and Champs formats
Punch Taverns is rolling out two new retail formats which it says will allow it to “become more involved with the running of some sites”.
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Golfrate acquires 11-strong pub portfolio
Golfrate, the London-based property management company, has acquired an 11-strong package of pubs, the majority of which are owned by Punch Taverns, in a deal funded by a new £20m loan