All Pubs articles – Page 271
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NewsJDW eyes roadside opportunities
JD Wetherspoon will look to open more out-of-town, roadside pubs, although not necessarily at motorways, chairman Tim Martin has told M&C Report
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News'Rising tide' lifts pub companies
A leading analyst has said there’s been a “rising tide” in the pub sector, helped by good trading over summer and Christmas and an “improving consumer outlook” that “fuels optimism in the licensed trade”. -
NewsJack: M&B trading to have picked up
A leading analyst has said that he expects LFL trading to have picked up over the last two months at Mitchells & Butlers (M&B), due to an improved sector backdrop, investment, IT roll out and efforts to improve service standards
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News
Faucet Inn secures former Bramwell site
Faucet Inn has secured the Oak Tree pub in Kent, a former Bramwell Pub Company site, for an opening next month
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Opinion
UK pub market almost "healthy"
The pub industry needs to lose another 1,000 sites within the next couple of years to achieve a “healthy” marketplace – that’s according to Christie + Co director Neil Morgan
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News
Forum secures seventh site
Forum Café Bars will open its seventh site this spring, with the launch of a new pub restaurant, the British Oak Ale House
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News
Collyer cuts JDW profits and earnings forecast
Leading analyst Geof Collyer has downgraded his profit and earnings expectations for JD Wetherspoon following its Q2 update yesterday, which he described as “the usual curate’s egg”, with improving like-for-likes but warnings of lower margins
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NewsJack: Fuller's has upgrade potential
Leading analyst Douglas Jack has reiterated his Add forecast for Fuller’s ahead of its Q3 interim management statement on Thursday, saying that it has “further upgrade risk”.
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NewsCable: pubco code is 'necessary'
Business Secretary Vince Cable has said statutory regulation governing the relationship between pub companies and their tenants is “necessary” and the trade will “soon hear how [the Government] will take that forward”
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News
Jack raises JDW lfl prediction, cuts PBT estimate
Leading analyst Douglas Jack has increased his like-for-like sales growth prediction for JD Wetherspoon but cut his 2014 pre-tax profit forecast after the managed operator said it expects operating margin for the half year to have fallen from 8.3% to 8.1%L
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NewsJDW Q2 lfls rise 6.7%
JD Wetherspoon has reported a 6.7% rise in like-for-like sales in the 12 weeks to 19 January although it expects pre-exceptional operating margin for H1 to be slightly lower than in the same period last year
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NewsFrench reiterates Hold for Marston's
Leading analyst Simon French has reiterated his Hold recommendation and 150p Target Price for Marston’s after a “slightly better than expected” trading update
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News
Stonegate unveils latest evolved Scream
Stonegate is to open the latest of its evolved Scream sites on Thursday (23 January) in Sheffield
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News
Pubco statutory code 'could close pubs'
Andrew Griffiths MP, chair of the All-Party Parliamentary Beer Group, has urged the Government not to introduce a statutory code governing the relationship between pub companies and their tenants, claiming that regulation would have “unintended consequences” and “force more pubs to close”
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NewsMarston's Destination and Premium festive lfls grow 3.3%
Marston’s, the brewer and pub operator, saw like-for-like sales grow 3.3% over the key festive period (three weeks to 3 January) in its Destination and Premium division
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NewsYoung's buys Islington theatre pub
Young’s, the London-based pub group, has acquired the King’s Head Theatre Pub in Upper Street, Islington
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News
Bar Hound eyes more food-driven sites
David King, the Newcastle-based entrepreneur who last year sold his leisure business Fluid Group, has told M&C Report he plans to add more “daytime and evening food-driven” sites to its new venture Bar Hound
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NewsCouncils call for restrictive covenant ban on pub sales
The use of restrictive covenants, a “legal loophole” used by pub companies to force hundreds of community pubs to close each year, must be plugged, according to the Local Government Association (LGA)
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News
London boroughs urged to 'maintain, manage and enhance' pubs
The “important role” of London’s pubs has been recognised for the first time in Mayor Boris Johnson’s “London Plan”, the latest planning guidelines for the capital
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NewsMPs to debate pubcos today
Labour is holding an opposition debate today calling for legislation to introduce a statutory code on the relationship between pubcos and tenants