All Pubs articles – Page 73
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NewsEmeny of the people
MCA talks to Fuller’s chief executive Simon Emeny about the group’s continued drive to promote from within; the overhaul of its tenanted estate – including new agreements; the strategy in terms of acquisitions and disposals and the roadmap for taking full control of the Stable next June.
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Fuller’s FY managed lfls up 3.7%
Fuller’s has reported like-for-like sales in its managed division up 3.7% the year to 1 April.
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NWTC strengthens acquisitions team
The New World Trading Company has announced that acquisition manager Theo Fordham will now take the lead on new opportunities.
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Hawkes opens London’s first urban cider mill and taproom
Cider producers Hawkes has opened London’s first urban cider mill and taproom.
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Food & Fuel looks to expand Frontier's estate
Food & Fuel plans to add a further two sites to Frontier Pubs, the company’s joint venture with Ei Group’s Managed Investments
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Revolution Bars trials new recruitment method
Revolution Bars Group is trialling a new recruitment strategy aimed at pre-selection of the most suitable candidates for new roles.
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Hinds Head’s Love joins Noble Inns
Kevin Love, the former head chef at Heston Blumenthal’s The Hinds Head, is working with Noble Inns across its five-strong gastropub estate, MCA understands.
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NewsThwaites pre-tax profits up 19%
Thwaites, the Lancashire-based pub operator, has reported turnover from continuing operations up 4% to £84.4m for the year to 31 March 2017.
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Stonegate investment package sold for £23m
A package of 13 freehold pubs has been sold off-market by Aprirose Real Estate Investors to BlackRock, in an off-market deal, for £23m.
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Urban acquires Kentish Town site
Urban Pubs & Bars has secured its 11th site and has two more in the pipeline, MCA understands.
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True North revives Waggon & Horses
True North Brew Co has more than doubled takings at its recently acquired Waggon and Horses pub in Sheffield from less than £10k a week to more than £25k since it reopened in March, founder Kane Yeardley told MCA.
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Adventure Bar to launch JV with Bourne Capital
Adventure Bar Group has secured its sixth site and finalised the operating model for its fifth opening, MCA has learnt.
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ETM founders to launch Long Arm brewpub
ETM Group founders, Tom and Ed Martin, are to open the first pub for their Long Arm Brewery brand, in Shoreditch.
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Jack: Expect strong results from Fuller’s
Leading analyst, Douglas Jack, of Peel Hunt, has said he expects Fuller’s to deliver a strong set of results next week.
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EiG launches guides for publicans
Ei Group has launched a new series of guides designed to help new and existing publicans with training and best practice.
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NewsHeartstone FY lfls up 4%; grows to 14
Heartstone Inns saw like-for-like sales increase 4% in 2016, a year in which it grew to 14 pubs.
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NewsStout on learnings from first GI pub in Europe
Ken Stout, president of Goose Island, has told MCA that the brand’s first European pub – in Balham – has highlighted differences in beer tastes across the pond.
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Pubs ‘have lost £600m fruit machine income since 2007’
The decline of income from fruit machines is “sucking the life out of pubs”, one expert has insisted.
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Jack: MRO threat a damp squib
Peel Hunt analyst Douglas Jack has described the threat posed to pubcos by the Market Rent Only option, enshrined in the pubs code, as a “damp squib”.
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MRO taken up by just eight licensees
Only eight licensees have taken up the market-rent-only (MRO) option across five of the six pubcos governed by the pubs code since it came into force in July 2016.