Archives for October 13, 2023

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Drinks sales up 3.8% but real-terms growth 'hard-won'

Drinks sales up 3.8% but real-terms growth 'hard-won'

By Rebecca Weller

Drinks sales in the on-trade were up 3.8% overall during the last six months, though inflation, rail strikes and soaring costs make real terms growth "hard-won", CGA data has revealed.

Value of beer sales in pubs higher than volume

EXCLUSIVE

Value of beer sales in pubs higher than volume

By Rebecca Weller

Beer sales in pubs have seen a marginal increase in volume compared with a higher turnover in value over the last 12 months, demonstrating “huge restraint” from pubs in the face of "outrageous" rising costs.

Loungers targets record number of openings

Loungers targets record number of openings

By Gary Lloyd

Loungers CEO Nick Collins has cited the “continued evolution” of the business as key to its sales growth in a trading update for the 24 weeks ended 1 October 2023.

'A pub is for life, not for 10 months of the year'

OPINION

'A pub is for life, not for 10 months of the year'

By Gav Young, the Plough and Barleycorn, Isle of Wight

As if ‘Dry January’ wasn’t enough, the geniuses at Macmillan have joined in with Sober October. I guess when your CEO earns in excess of £190,000, originality is too much to ask!

Brakspear pumps £2m into two L&T sites

Brakspear pumps £2m into two L&T sites

By Nikkie Thatcher

South east-based multiple operator Brakspear is investing £2m into two of its leased and tenanted sites after signing agreements with growing pub groups Little & Large and Friendship and Beer.