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Despite insisting the next couple of years will be “painful” for hospitality and the Government letting the sector down, Mitchells & Butlers CEO Phil Urban believes the on-trade is capable of overcoming any obstacles.
Admiral Taverns has injected almost £800k into its estate.
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“The high street isn’t for us”, Hickory’s Smokehouse managing director John Welsh told The Morning Advertiser (The MA) as the firm looks to expand its reach nationwide.
Liberation Group has announced Alice Bowyer is set to move into the newly created role of director of food & drink.
A major backer of Loungers has issued a letter of intent to vote in favour of the group’s acquisition offer from Fortress Investment Group subsidiary CF Exedra Bidco (Bidco).
Loungers CEO Nick Collins has claimed the business has enjoyed “excellent progress” as revenue rose by 19.2% and adjusted EBITDA climbed 25.0%, in its latest results.
Loungers will be acquired by Fortress Investment Group – which owns Punch Pubs – for a cash offer of about £350.5m.
Mitchells & Butlers (M&B) has announced it has had a “very strong profit recovery” in its full year results ended 28 September 2024.
Loungers has announced the opening of its fourth road-side dining venue.
Christmas has officially begun at one of Fuller’s “most recognisable” London pubs, famed for its festive décor.
JD Wetherspoon (JDW) has announced it will be changing its core draught beer range.
The Government’s Budget will mean significant cost hikes for Young’s in the near term, the London-based business has stated in its interim results.
Brewhouse & Kitchen (B&K) is to launch a new concept called Craft House, which will be rolled out to four of its existing high street locations over the next six months, with the potential for further conversions.
Fuller, Smith & Turner (Fuller’s) has reported a 5.4% uplift in like-for-like (lfl) sales with Christmas bookings up by 15%.
Mitchells & Butlers (M&B) has outlined why it introduced a £2 surcharge on drinks after 10pm at one of its London sites.
JD Wetherspoon (JDW) is set to open a new hotel at the end of this month following a £2.8m redevelopment project.
Scottish craft brewer and operator BrewDog has appointed a new chief retail officer, a global role that will oversee the company’s retail offering.
JD Wetherspoon (JDW) has reported a 5.9% uptick in like-for-like (lfl) sales but warned price increases are on the horizon following the Budget.
Valiant Pub Company has acquired the Elephant & Castle pub in Shropshire, taking its total number of sites to 70.
JD Wetherspoon (JDW) has confirmed a “beloved institution” in Edinburgh will close next month despite a petition to save the site.
TGI Fridays UK has been acquired by Breal Capital and Calveton UK following the completion of a successful sale process through acquisition vehicle Liberty Bar and Restaurant Group Limited.
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Whether you want to enjoy drinks in the cosy bar or enjoy some great food when you’re in London’s Mayfair, the Punch Bowl will suit everyone perfectly.
Amber Taverns, which operates 178 freehold wet-led pubs, has been acquired by Epiris – the owner of The Big Table that counts Bella Italia and Las Iguanas among its brands.
Widespread wet weather has pushed drinks sales in pubs back into negative year-on-year numbers, CGA by NIQ’s Daily Drinks Tracker has revealed.
Pub behemoth JD Wetherspoon (JDW) saw total sales soar to £2bn in the FY24, an increase of 5.7% compared with the previous 12 months.
New World Trading Company (NWTC) has today (Thursday 3 October) revealed plans to restructure its business and close three sites to focus on its Botanist-branded sites.
September sunshine has boosted drinks sales for the on-trade after two weeks of negative numbers.
Pubs, bars and restaurants operator Mitchells & Butlers (M&B) has reported like-for-like sales growth of 5.2% in its current financial year to date with all brands in growth.
Drinks sales have continued a downward trend with a second week of year-on-year declines, new data has revealed.
Hospitality groups saw a second successive month of below-inflation growth in August, the latest data from CGA by NIQ has revealed.
Leeds-based multiple operator, Arc Inspirations, has reported a 16.2% increase in turnover for the year to March 2024.
Joseph Holt has reported £73.5m in turnover for the year ended 31 December 2023, up from £70.2m in 2022.
Pub giant JD Wetherspoon (JDW) has announced plans to cut its prices next week to highlight the benefits of a VAT reduction for the hospitality industry.
JD Wetherspoon (JDW) will open a new pub on Tuesday (3 September) at London Waterloo Station.
Pubs, bars and restaurants operator Mitchells & Butlers (M&B) reported a rise in sales, in a recent trading update.
After pub giant JD Wetherspoon (JDW) posted “record results” earlier this month, The Morning Advertiser (MA) has taken a look back at the firm’s performance so far this year.
Pub giant JD Wetherspoon (JDW) has reported record results in its pre-close trading update for the 10 weeks to 7 July 2024.
Mitchell’s & Butlers (M&B) has reopened three historic London pubs following an “extensive” six-figure renovation project.
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“Listen more, don’t be so obnoxious you big git, and there’s no need to drink four pints of Abbot every single night.”
Mitchells & Butlers has claimed to be outperforming the market in like-for-like (lfl) sales and expects its annual results to be at the top end of its forecasts.
Pub giant JD Wetherspoon (JDW) opened two pubs and sold or surrendered to the landlord 18 sites in the year-to-date, it revealed in a trading update.
Pub giant JD Wetherspoon (JDW) has announced it will invest £5m into redeveloping one if its sites in Newcastle and open its first hotel in the city.
Managed pubs operator JD Wetherspoon (JDW) is to open a new pub near BrewDog’s huge London site at The Sidings, Waterloo station.
Pub giant JD Wetherspoon (JDW) identified the possibility of increasing its estate by just under a quarter (23%), in its latest trading update.
JD Wetherspoon (JDW) will open its first pub at a holiday park on Friday (8 March).
Pub behemoth JD Wetherspoon (JDW) has increased its prices by up to 3.95%, due to the rising costs many operators are battling.
The oldest standing pub in JD Wetherspoon’s (JDW) estate is set to hit the market, the pubco has confirmed.
JD Wetherspoon (JDW) has announced financial growth in its trading update for the six months ending 28 January 2024.
Mitchells & Butlers (M&B) has reported like-for-like sales growth of 7.7%, according to a trading update for the 15 weeks to 13 January 2024.