All Pubs articles – Page 4
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NewsTim Martin: Wetherspoon still a broad church
The Wetherspoon chairman has shrugged off a disappointing trading update, telling MCA he hopes the legacy of the pandemic will be “temporary, not permanent”
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NewsJonathan Neame: ‘Pubs every bit as core to British life’
Shepherd Neame has reported a full year loss before tax of £16.4m, but reported strong trading since reopening.
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Analysis & InsightBudget reaction: Wet-led community pubs hailed as winners
Alcohol duty reform was received positively and “should be introduced as soon as possible” while the one year 50% discount on business rates was seen to favour smaller operators and community pubs.
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NewsRed Oak secures growth capital
Red Oak Taverns has secured a £15m acquisition facility with OakNorth Bank, which will fund the pub operator’s acquisition of nine pubs from Hall & Woodhouse earlier this year
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Analysis & InsightLumina Intelligence: Friendly staff can help boost customer spend in pubs
Friendly service can encourage satisfied customers to spend more than average according to Lumina’s new UK Pub and Bar report.
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Analysis & InsightLumina: ‘Pandemic legacy presents significant opportunities for pubs’
Lumina’s newly published Pub & Bar report cites investment in outdoor space, premium food and drink and an omni-channel approach as key trends in the market.
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NewsTechnology drives drinks premiumisation in pubs
Digital technology, implemented during the pandemic, has boosted the popularity of more premium drinks and provided valuable data for operators, MCA’s Pub Conference audience heard.
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NewsEat Out to Help Out propels inflation to nine-year high
Inflation has soared to its highest level in nine years, with the Office for National Statistics (ONS) claiming this is down to last year’s Eat Out to Help Out scheme.
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NewsOakman Group boss reports strong trading
During the first ten weeks of its new financial year (5th July to 12th September) Oakman Group has reported total growth of 39.3% and like-for-like growth versus 2019 of 16.2%.
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NewsHospitality boosted by return of office workers
Footfall and trading levels continue to improve week-on-week as we progress through September, with quick service outlets such as Pret A Manger and Black Sheep Coffee reporting significant increases in sales in key city centre locations. Restaurant operators such as Fulham Shore are also seeing improvements ...
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NewsVaccine passports in England to be ‘held in reserve’
The government has insisted that vaccine passports are still a “first-line defence” against a winter wave of Covid-19, but are likely to be “held in reserve” for the time being. The clarification follows comments at the weekend from health secretary Sajid Javid suggesting plans for vaccine passports in England had been scrapped.
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NewsAugust bank holiday leads to strong drink sales
Drink sales surpassed pre-Covid levels for the first time in 2021 during the week ending 4 September according to data from CGA.
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NewsCGA: August sales up 5% versus 2019
A strong trading performance during August resulted in total sales being 5% ahead of August 2019, according to CGA’s Business Tracker.
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NewsChanges likely to testing process to help ease driver shortage
With supply chain issues still causing major issues for the hospitality sector, the Government is set to announce changes to the HGV driver testing process in an attempt to alleviate high levels of driver vacancies.
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NewsHospitality tops environmental sustainability poll
Hospitality and leisure tops the list of industries most concerned about the importance of environmental sustainability according to latest research from Barclays, with 70% of hospitality and leisure respondents rated it as ‘extremely important’. The sector is said to be “achieving a strong balance between investing in environmental sustainability while continuing to maximise financial performance.”
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NewsLiberation achieves strong like-for-like UK sales growth
Liberation Group, which operates more than 120 managed and tenanted pubs and inns in the UK and the Channel Islands, has reported that it has “traded extremely strongly” across all channels to market and all geographies over the 13 weeks to 28 August, with like-for-like managed sales in the UK up +26%.
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NewsPubs, bars and clubs see surge in spending
Data from Barclaycard shows spending at pubs, bars and clubs reached its highest growth for over 17 months during August, and restaurant spend broke into positive growth for first time since the pandemic hit, with expectations that spending will continue to grow further as workers return to the office.
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NewsPubs turn to tech, IPOs and acquisitions to grow
Data from Lumina’s Operator Data Index highlights the collapse in pub turnover between 2019 and 2021, with pub groups increasingly focused on tech, IPOs and acquisitions to help ‘right size’ estates and grow sales.
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NewsStaff optimism dips amid shortages
The twin challenges around staff shortages and lingering concerns about staff safety have added to the pressure felt by staff in the hospitality sector, leading to a decline in the number seeing the sector as a viable long-term career according to the latest CGA and CPL Learning survey of hospitality staff. Hospitality teams generally feel safe in the venues they work in, but the reduction of Covid-19 restrictions has increased safety concerns for some.
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NewsEasing of restrictions increases consumer spending
Over half of the UK adult population had an eating or drinking out occasion as restrictions eased across the UK during July. According to data from Lumina Intelligence, the proportion of UK consumers who had an eating out occasion increased to a peak of 52.2% over the 12 weeks to the 11 July, with frequency of visit and average spend also increasing.