All Stonegate Pub Company Limited articles – Page 4
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InterviewsStonegate: ‘It’s our job to be restless and stay at the leading edge’
In his first major interview since joining Stonegate as CEO, David McDowall sits down with MCA to share his own bar to boardroom journey, his plans for innovating and refreshing across the estate, and why he remains optimistic despite the sector enduring a “bloody hard time”
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NewsDavid McDowall: Stonegate to become ‘more focussed’
The new CEO told MCA under an evolved strategy, the wet-led pub company needed to adapt to movements in the market and listen to customer demands
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NewsStonegate’s Suzanne Baker to step down as commercial director
Baker has announced her intention to retire from her current role and will take on a role on the board as a non-executive director.
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InterviewsCraft Union: ‘We think big but act small’
Operations director Frazer Grimbleby speaks to MCA about the Stonegate acquistion, reaching the 500-site landmark, and how the beauty of the offer lies in its simplicity
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InterviewsCraft Union: ‘We’ve been a driving force in the recovery of Stonegate’
Operations director Frazer Grimbleby speaks to MCA about growing the estate, premiumising the drinks range, and modernising while maintaining a value-conscious and community-led offer
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NewsManaged and operator-led sites lead growth for Stonegate
The group’s leased and tenanted arm continued to see negative like-for-like growth last year but Stonegate saw a strong performance from its Craft Union business and managed division.
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NewsStonegate delivers ‘creditable’ performance
Britain’s biggest pub and bar group grew revenues to £1.6bn in the full year to September 2022, with adjusted profit before tax of £66m. The business said disposals of non-core pubs was a strategic option to drive value
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NewsStonegate offers to change non-compliant rent review terms in MRO agreements
Around 70 market rent only (MRO) lessees have received an offer from Stonegate to remove the upward only open market rent review from their agreement when combined with an RPI linked rent review
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NewsStonegate launches Pub Partners platform as part of £10m investment
The new platform will offer publicans ideas and advice on how to grow sales, reduce operating costs and run a successful business.
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Analysis & InsightWhat next for Stonegate’s remaining L&T business?
As the managed pub company reportedly looks to sell off 1,000 pubs from the former Ei leased & tenanted estate, MCA looks at the logic behind the move, and who might be in the running to pick up the package
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NewsSimon Townsend joins Adnams as NED
The former Ei Group chief exectuive is also a non-executive director at Côte Restaurants
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NewsStonegate CEO stepping down with BrewDog’s COO to replace him
Simon Longbottom is to step down as CEO of UK’s largest company early next year, with BrewDog’s chief operating officer David McDowall appointed as his successor.
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NewsLandmark rulings on Covid insurance cases
Insurers won key parts of a dispute with Stonegate, while separately Greggs won a battle in its £150m insurance claim
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NewsEnergy relief: ‘There must be a comprehensive package’
Operators including Stonegate, Fuller’s, City Pub Group, Pizza Hut, and Admiral Taverns have welcomed the government’s support package but called for long-term support
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NewsStonegate launches ‘Future Leaders’ programme
The new programme, for high potential leaders, will see delegates from across the pub company’s management team take part in a six-session programme, lasting 10 months in total.
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NewsOperators take individual approaches in paying tribute to HM the Queen
Operators across the sector have taken markedly different approaches to paying tribute to the Queen on the day of her funeral
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NewsStonegate announces operational restructure
The group has announced a number of new senior operational roles, including Nick Andrews as managing director for Stonegate Pub Partners, Craft Union and Vixen
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NewsStonegate managed lfls up 2.3%
The group recorded total revenue for 28 weeks to 10 April 2022 of £827m, compared to £128m the prior year, with sales recovering well since reopening last year
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Analysis & InsightMelting pot: Footfall fluctuates amid heatwave
Hospitality operators have reported a mixed picture in terms of footfall during the heatwave. Featuring commentary from D&D London, Revolution Bars, Stonegate, McMullens, Various Eateries and Rekom UK
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InterviewsOn reflection: Ian Payne talks company deals, Covid and celebration cake
Nurturing long-term relationships, a good track record and an understanding that comes from being on the ground, are key to successful deal-making, shares Stonegate’s founder and chairman at MCA’s Pub Conference