Companies

Thwaites sales decline

Thwaites reports decline in full year sales

By Mark Wingett

Daniel Thwaites, the Lancashire-based brewer and pub operator, has reported a decline in turnover and pre-tax profit for the year to 31 March 2013, which it said was due to the impact of the wettest summer for over 100 years and the consumer environment,...

Slug & Lettuce pubs Stonegate

Slug & Lettuce estate to double in size

By Mark Wingett

Stonegate, the managed pub and bar operator, is looking to nearly double the size of its Slug & Lettuce estate and is believed to have earmarked a further 65 sites for the brand across the UK.

Enterprise Inns porcupine pub sale

Enterprise Inns defends decision to sell Porcupine pub

By Gurjit Degun

Enterprise Inns has defended its decision to sell one of its south London pubs to a supermarket chain, saying that the venue saw a “high level of reported criminal activity” at the venue.

BrewDog Equity for Punks

BrewDog launches new £4m fund raising scheme

By Mark Wingett

BrewDog, the fast-growing Scottish brewer and pub operator, is to relaunch its Equity for Punks crowdfunding programme, with the aim of raising a record £4m through selling shares to beer fans.

Oceana Kingston licence review

Kingston Oceana survives licence review

By Michelle Perrett

Luminar, the nightclub operator, will continue to trade its Kingston Oceana site after it agreed to a set of new licence conditions with the local council.

Punch Taverns pub Mill Tavern gas bill

Punch Taverns tenant fury after gas cut off

By Noli Dinkovski

A furious Punch Taverns tenant is on the verge of “throwing his keys back” at the pubco after an unpaid gas bill left him without hot water and the use of his kitchen.

Amber Taverns sees EBITDA increase by one-third

Amber Taverns sees EBITDA increase by one-third

By Mark Wingett

Amber Taverns, the fast-growing operator of wet-led community pubs, saw EBITDA increase by one third to £6.8m in the year to 3 February as the 86-strong company reiterated plans to open 12 sites this year.

Spirit Pub Company sales on track

Spirit Pub Company sales on track despite tough trading

By Mark Wingett

Spirit Pub Company has reported a 2.6% rise in like-for-like sales across its managed estate for the six weeks to 25 May, a performance that bounced back after a 3.8% decline in the proceeding six weeks, which it said was impacted by an “an exceptionally...

Grand Union Adam Marshall

Grand Union chief Adam Marshall targets city sites

By John Harrington

Adam Marshall, chief executive of London-based bar group Grand Union, has named Bristol, Bath, Manchester and Brighton as possible locations for the company once it has reached its target of between 20 and 25 sites in the capital.

Novus Leisure digital investment

MA300: Novus Leisure invests £2m in digital operations

By Jessica Mason

Novus Leisure, which owns 48 venues — predominantly in London — has “made a £2m investment” into its digital operations to boost online bookings and adapt to the changing needs of the smartphone generation.

Robinsons pub estate segmentation

Robinsons to segment pub estate into six trading styles

By John Harrington & Phil Mellows

Robinsons, the Cheshire-based brewer and pub operator, is to segment its pub estate into six trading styles as part of a modernisation programme under new operations director Dave Harrison.

Wetherspoon's Scores on the Doors FSA rating

JDW pubs gain top FSA hygiene scores

By John Harrington

JD Wetherspoon, the managed pub operator, says 85% of its eligible pubs have gained the maximum five star rating in the Food Standards Agency (FSA) Scores on the Doors food hygiene scheme.

Brewhouse & Kitchen Enterprise Investment Scheme

Brewhouse & Kitchen raises £5m for growth

By John Harrington

Brewhouse & Kitchen, the Enterprise Investment Scheme (EIS) venture led by Convivial Pubs chief executive Kris Gumbrell and former Mitchells & Butlers (M;B) executive Simon Bunn, has completed its £5m fundraising drive as it targets three more...

BBPA annual awards entries

BBPA annual awards now open for entries

By Noli Dinkovski

Member companies are now able to enter the annual British Beer and Pub Association (BBPA) awards, which take place on 9 October at London’s Park Plaza.

Chicago's Atmosphere Bars and Clubs administration

Interest grows in Atmosphere Bars and Clubs sites

By John Harrington

Numerous expressions of interest for the remaining 13 operating Atmosphere Bars and Clubs assets have been received, “some of which are being furthered”, administrator Deloitte has said in an update to M&C Report.

CAMRA pub tenant earnings statistics

CAMRA admits error in pubco tenant earnings statistics

By Mike Berry

The Campaign for Real Ale (CAMRA) has admitted a "classification error" in its pub tenant earnings data which revealed three in five licensees tied to pubcos with more than 500 pubs earn less than £10,000 a year.

Loungers Alex Reilley new sites

Loungers profits up with more new sites in the pipeline

By John Harrington

Loungers, the Bristol-based café/bar group led by Alex Reilley and Jake Bishop, has reported a 41% rise in EBITDA before central overheads to £4.42m in the year to 30 April as it opened nine sites in the period.

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