All Spirit Pub Company articles – Page 6
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NewsCerberus acquires £170m Spirit portfolio
Cerberus Capital Management, the US private equity owner of Admiral Taverns, has completed the acquisition of a 102-strong portfolio of pubs from Nick Leslau’s Prestbury Holdings, in a deal valued at £170m
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NewsSpirit wins recognition for work experience
Its “Teen Spirit” scheme has achieved the Gold Standard by Fair Train, an organisation that sets UK quality standards in work experience provision
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NewsJack raises Spirit TP
Leading analyst Douglas Jack has increased his Target Price for Spirit Pub Company from 100p to 110p after this morning’s Q1 interim management statement
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NewsSpirit Q1 Managed lfls grow 4.3%; Leased returns to growth
Spirit Pub Company has reported a 4.3% rise in like-for-like net sales in its Managed arm in the 20 weeks to 4 January - including growth of 7% over Christmas - while its Leased estate returned to like-for-like net income growth
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Analyst corner
Simon French at Panmure Gordon looks ahead to next week’s trading updates from Greene King and Spirit Pub Company
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Jack: Spirit’s outperformance to have continued
A leading analyst has said that he expects Spirit Pub Company’s outperformance against the sector to have continued over the last 12 weeks
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NewsRollo: Spirit one to avoid
A leading analyst has chosen Spirit Pub Company as one of his four stocks to avoid in 2014
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NewsStonegate and Spirit shortlisted for HR award
Spirit Pub Company and Stonegate Pub Company have been shortlisted in the HR Distinction Awards in the Distinction in People Development category
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NewsSpirit's upward-only rent warning
Spirit Pub Company has told the Government that it may be forced to introduce upward-only rent review (UORR) clauses to leases if a free-of-tie option is made mandatory
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NewsRollo: Solid Q1 expected from Spirit
A leading analyst has said he expects solid Q1 Managed LfLs from Spirit Pub Company given it reported a 4% increase for the first eight weeks and Christmas sits midweek
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NewsSector called upon to help revive UK high streets
The Government has turned to the eating and drinking-out sector to help it revive the UK’s high streets
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Spirit Leased launches wine package
Spirit Leased, the leased division of Spirit Pub Company, has launched a wine menu package for its licensees in conjunction with wine experts Crown Cellars
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NewsSpirit eyes brands expansion
Spirit Group plans to open up to 20 new sites across the UK over the next 15 months under its Flaming Grill, Fayre & Square and Taylor Walker brands
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OpinionSpirit of evolution
Chris Welham was faced with a “blank sheet of paper” when he took charge of Spirit Pub Company’s leased estate 18 months ago. With the decline in net income across the division now halted, Welham is busy evolving the estate, with new agreements and support packages aimed at leveraging the benefits of the group’s managed arm. John Harrington caught up with him
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NewsSpirit all-but ends leased disposals
Spirit Leased, the leased arm of Spirit Pub Company, has all-but completed its disposals programme and could add sites over the longer term, managing director Chris Welham has told M&C Report
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Spirit Leased rolls out bespoke food template
Spirit Leased is trialling a food package that includes items and learnings from the firm’s managed pub brands, which has the potential to operate in two thirds of the leased estate, M&C Report has learnt
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NewsSpirit Leased trials 'co-investment' agreement
Spirit Leased, the leased arm of Spirit Pub Company, is trialling a new agreement whereby the licensee pays a percentage of turnover to Spirit instead of paying rent, M&C Report has learnt
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NewsSpirit to expand Flaming Grill
Spirit Pub Company’s value food brand Flaming Grill will roll out to more pub sites following the success of its recent repositioning, director Nick Young told the Pub Retail Summit
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Operators recognised for apprenticeships
Spirit, Whitbread, Greene King, McDonald’s, Starbucks and Orchid have been named in the Top 100 Apprenticeship Employers list
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NewsSpirit confirms new role for Worrall
Spirit Pub Company has confirmed that Steve Worrall, former head of commercial at Spirit Leased, has taken a new position that sees him work across both managed and leased operations for its Local Pubs arm