All Pubs articles – Page 241
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News
City Pub Co EBITDA nears £1m in 'transformational' year
The operator has reported EBITDA of £912,166 in the “transformational” year to 29 December, and expects it to reach as high as £8m by 2017 as the company grows to c30 sites, chief executive Clive Watson has told M&C Report
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News
Hawthorn being offered “lots of pubs”
Hawthorn Leisure, the new pub group, is being offered “lots of pubs” and hasn’t ruled out buying managed sites
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News
Greene King pulls out of Orchid sale process
Greene King has announced it has pulled out the sale process for Orchid Group, with the latest round of bids for the 225-strong Rufus Hall-led company thought to be due in today
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News
JW Lees identifies templates for five-year expansion plan
JW Lees currently has a £20m “war chest” to open 15 pubs per year and has identified four operating templates for its expansion, managing director William Lees-Jones has told M&C Report
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News
Analyst corner
Mark Brumby at Langton Capital takes a look at yesterday’s first half update from Mitchells & Butlers (M&B) and says that whilst the group’s “performance is a shade soggy, it’s a challenge to put your finger on just why this is the case”
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News
Sussex Pub Group eyes expansion
The Sussex Pub Group, which operates pubs in and around Chichester, West Sussex, is actively looking for further sites with the ambition of adding one new site a year
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News
Lfls up 6.1% at Essenden
Essenden, the ten pin bowling operator, has said trading remains slightly ahead of expectations, with like-for-like sales up 6.1% in the 20 weeks to 18 May
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News
Heineken to rollout beer cooling dispense technology
Heineken is to include its new beer cooling dispense technology in all future Star Pubs & Bars refurbishments after reporting a 100% satisfaction rate from the lessees currently using it
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News
BrewDog closes in on Battersea site
BrewDog, the Scottish brewer and pub operator, is believed to be close to securing its fourth bar in London, in Battersea
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Analysis & Insight
Weekdays driving growth in pub visits
Weekday visits are driving the growth in footfall in pubs, according to new research by NPD Group for M&C Report’s sister title the Publican’s Morning Advertiser
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News
Mackey leaves Thwaites
Derek Mackey has left his role as sales director of Lancashire-based brewer and pub operator Daniel Thwaites, M&C Report has learnt
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News
Hook Norton receives £90k heritage lottery funding
Hook Norton, the Oxfordshire-based brewer and pub operator, has received £90,000 from the Heritage Lottery Fund for work to restore parts of its brewery to make it more accessible
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News
Fuller's buys most westerly pub
Fuller’s, the London-based brewer and pub operator, has secured its most westerly pub yet, at Portishead in Somerset
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News
Young's: Ram Pub Co, bank facilities, rooms, technology
M&C Report takes a closer look at the full-year results to 31 March for Young’s and speaks to chief executive Steve Goodyear, retail director Patrick Dardis, and Geronimo Inns managing director Ed Turner
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News
M&B: Trading, remodelling programme, people and practices
M&C Report takes a closer look at the first half update from Mitchells & Butlers (M&B) and looks at how there is still large regional variations in performance, its food and drink innovation, expansion plans, the impact of its remodelling programme and its investment in its people
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News
Max Property sees 13.3% uplift across pubs portfolio
Max Property Group has reported a 13.3% (£5.4m) increase in the valuation of the portfolio in the year to 31 March 2014
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News
Red Mist eyes franchise route for further growth
Red Mist Leisure, the Surrey based multiple-pub operator, is planning to increase its estate to eight pubs then look to a franchise model for further growth, M&C Report has learnt
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Opinion
Learning from a dry society
Sipping tentatively at a freshly-squeezed organic beetroot juice, Phil Mellows meets dry bar entrepreneur Catherine Salway of Redemption Bar and finds out what the licensed trade could possibly learn from a pub with no beer
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News
Parched Pubs eyes double acquisition
Parched Pubs, the south London multiple-pub operator, is in the preliminary stages of acquiring two pubs this year to bring its estate to six, M&C Report has learnt
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News
Young's to rebrand tenanted arm; FY adjusted PBT up 17%
Young’s, the London-based pub operator, has reported a 17% rise in adjusted pretax profit to £27.2m in the year to 31 March, with like-for-like sales in its managed arm up 6.7%, as it announced plans to rebrand its tenanted arm as the Ram Pub Company by the end of the summer