All Pubs articles – Page 224
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Bids in for £650m pub and hotel portfolio
First round bids have been submitted for a portfolio of c200 hotels and pubs, which is believed to be valued at up to £650m
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Jack: M&B's expansion ability in question
A leading analyst has said that Mitchells & Butlers (M&B) “ongoing malaise” leaves its ability to expand and reintroduce dividends in question
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Jack reiterates Buy for Marston's
Leading analyst Douglas Jack has reiterated his Buy recommendation for Marston’s following its Q3 trading update this morning, saying that the group is still trading ahead
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Family brewers criticise pubco code plan
The Independent Family Brewers of Britain (IFBB) has branded the proposed pubs code an “insult to the way we do business” in the latest blow to the Government’s proposals
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Electric Star up to four
Electric Star, the London-based pub operator led by Rob Star, has secured its fourth site in Hackney, London
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Inn Collection targets further growth
Inn Collection, the northern England-based coaching inn operator backed by Kings Park Capital (KPC), is in negotiation on a further two sites as it looks to grow from four to 10 outlets before deciding on its future strategy, M&C Report has learnt
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Former Vimac sites sold
Two non-trading venues of Vimac Group, the Newcastle-based multi-site operator that emerged as Kymel following a pre-pack administration last December, are set to be sold for a total of £545,000, according to a new report from Vimac’s administrator Begbies Traynor
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M&B Q3 trading flat
Mitchells & Butlers (M&B) has this morning reported that like-for-like sales through its third quarter (14 weeks to 19 July) were flat, with a 0.6% rise in like-for-like food sales offset by a 0.5% decline in drink sales
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Everards collaborates with Punch on beer
Everards Brewery and Punch Taverns have collaborated for the fourth time to give eight Punch licensees the opportunity to brew and brand their own beer
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Punch invests £1.2m in Notts pubs
Punch Taverns has invested £1.2m into pubs across the Nottingham area over the past year, the company has said
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Bounce submits Shoreditch planning application
Bounce, the fledgling ping pong bar/restaurant concept that’s backed by a number of industry veterans, has submitted a planning application for a second London site in Shoreditch, M&C Report has learnt
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Brasserie Bar Co begins pubs expansion
The White Brasserie Company has secured three more sites for openings before the end of the year and appointed a new operations director to aid its expansion drive
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Jack reduces Enterprise TP
Leading analyst Douglas Jack has reduced his Target Price for Enterprise Inns to 125p and “advised caution” on the business
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Oakman 'cautiously optimistic' for growth
Oakman Inns and Restaurants, the pub operator led by Peter Borg-Neal, saw like-for-like sales growth of 11.1% for Q1 of 2014/15 to 6 July as it negotiates on two new sites
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All Our Bars is “retrenching”
All Our Bars, the Kent-based multiple pub operator led by Paul Wigham, is looking to tighten up its existing estate and improve its food offering before looking to acquire any new pubs, M&C Report has learnt
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M&B to extend Americana-style pop up rollout
Mitchells & Butlers (M&B) is expanding the roll out of Ruby Jean’s Diner, its Americana-influenced pop-up menu
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O’Neill’s to host music festival
O’Neill’s, Mitchells & Butlers’ Irish pub brand, is to host a weekend of free live music across its 45 pubs from 31 July
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Punch noteholders vote to waive covenants
Punch Taverns noteholders have voted overwhelmingly in favour of requests by the pub company to waive its covenants that would otherwise put the firm in default, as part of the restructure of its £2.3bn debt
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Hawthorn Leisure launches Buying Club with Pelican
Hawthorn Leisure, the newly established pub group, has entered a procurement deal with Pelican to form a Buyers Club for its 350 pub tenants
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McGowan’s acquires two freeholds
McGowan’s, the traditional Irish bar operator, has acquired the freeholds of two rural pubs, M&C Report has learnt