All Pubs articles – Page 17
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NewsRecommendation for ‘pub relief’ on alcohol duty
The ability for pubs to claim back a proportion of alcohol duty, through a new ‘Pub Relief’, has been set out as a recommendation in a new report on reforming alcohol duty in the UK.
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NewsGreene King lfls fall across Pub Company in Q1
Greene King’s Pub Company arm has seen like-for-like sales (lfls) fall by 1.8% for the first 18 weeks of the new financial year, to 1 September, however the past seven weeks saw a 1.5% uplift.
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NewsFuller’s updates on trading, capital return and departures
Fuller’s has revealed like for like sales in managed pubs and hotels are up 2.5%, in the 22 weeks to 31 August 2019.
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NewsAntic to add to presence in Crystal Palace
Antic is to open a further pub in Crystal Palace, on the site of the former Plumbase at 58-60 Westow Hill in Crystal Palace.
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NewsStar Pubs offers free training to boost chef retention
Star Pubs & Bars has launched a series of free chef training courses in order to try and help licensees with recruitment and retention issues.
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Analysis & InsightGood value of greater importance to pub customers
The value of food and drink is of much greater importance to visitors of pubs than other of operators in the eating out market, across all three day-parts, according to the latest MCA Pub Brand Monitor.
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Analysis & InsightBDO: Whose round is it next?
As M&A activity continues at a pace in the pub sector, BDO’s M&A director Tom Barnard and M&A manager Hugh Ripley look at the common themes being seen across the pub market and who might be on the receiving end of a bid next.
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NewsUnBarred merges with Holler for Brighton brewhouse
Cult craft beer brand UnBarred is launching a new brewery and taproom after merging with Holler, MCA understands.
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Analysis & InsightPub brands lose share at dinner time
Pub brands’ share of visits at dinner time – its most important occasion – in the second quarter of 2019 (April – June), reflecting toughening competition from restaurants and growing customer expectations.
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NewsBritish brewers decrease their CO2 emissions by 42%
The brewing industry has cut its CO2 emissions by 42% in the last decade – a reduction of 202,952 tonnes – according to research by the British Beer & Pub Association (BBPA).
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Analysis & InsightGreene King: A bid out of the blue
The dust had barely settled in the pub sector following the news that Stonegate had reached an agreement to buy Ei Group for £1.27bn, when another bombshell hit in the form of an outside investor looking to snap up Greene King.
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NewsDarwin & Wallace heads east to Canary Wharf
Darwin & Wallace, the Imbiba-backed bar and restaurant group, has revealed details of its next opening, in Canary Wharf.
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NewsBid for Greene King valued at c.£4.6bn
Greene King has received an offer to acquire the business from CK Bidco – a newly incorporated wholly-owned indirect subsidiary of Hong Kong-based property developer CK Asset Holdings (CKA), in a deal valued at c.£4.6bn.
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NewsBrakspear’s managed pubs boost revenues
Brakspear parent company J T Davies & Sons increased turnover by 12%, to £31.8m, during 2018.
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NewsBrewDog considering bond payment in beer
BrewDog founder James Watt has floated the idea of issuing a £10m bond where lenders would be partly paid in beer. As reported by Yahoo Finance, Watt posted on the brewery’s investor forum the suggestion that the bond would feature both financial returns and beverages. “We are considering another £10m ...
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Analysis & InsightAlixPartners: The bar remains open
While it has certainly become more challenging to secure investment in parts of the restaurant market, the past 12 months has seen continued M&A and investment activity across the pub and bar space. The breadth of this activity highlights the current strength of this part of the sector, and this trend does not look like slowing anytime soon, argues AlixPartners’ Graeme Smith.
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NewsPub People Co to expand drafthouse concept
Pub People Co has taken on its eighth site through Star Pubs & Bars, as it looks to expand its Six Barrel Drafthouse concept.
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NewsBarons looking to grow to 15 pubs
Barons Pub Company is looking to add another five sites to its estate over the next five to 10 years, MCA’s sister title The Morning Advertiser has reported.
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News
NewRiver’s pub portfolio continues to deliver robust cash returns
NewRiver has said its pub portfolio has continued to deliver high occupancy and robust cash returns, in the first quarter of 2019.
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OpinionMarston’s: ‘It’s been tougher this year.’
Marston’s had a strong start to the year, but-like-for like growth has been hampered in recent weeks by the freak comparative of last year. Following a trading update CEO Ralph Findlay talks to MCA about why the pubco is putting its £70m new-build programme on ice, investing in its premium and wet-led estate, and what he calls a lager summer.