Company & City News

The latest news from the pub industry's top companies, as well as deals, results and appointments from the City.

Pub Retail Summit: Marston’s eyeing investment opportunities in casual dining

19-Nov-2014 - Marston’s chief executive Ralph Findlay told last week's Pub Retail Summit his company is considering investing in small, casual-dining operators.

Punch abandons focus on food revenue

19-Nov-2014 - Punch Taverns executive chairman Stephen Billingham said the company has abandoned its target of food sales making up 35% of its tenants’ revenue.

Enterprise converting failing pubs into shops

19-Nov-2014 - Enterprise Inns has revealed it has converted 22 pubs to convenience stores and will continue to look at this operating model as an alternative to disposals.

Full-year profits flat at Enterprise Inns

18-Nov-2014 - Enterprise Inns has reported like-for-like net income growth of 1.4% for the year ending 30 September – up 0.5% in the final quarter.

Redcomb Pubs eyeing a war chest of £15m

18-Nov-2014 - Redcomb Pubs, the operator run by Dan Shotton and Mark Draper, has a war chest of £5m and is “aggressively” looking to acquire pubs while seeking £10m through the Enterprise Investment Scheme to build an estate of 25 in five years.

Faucet Inn to debut all-day dining concept Neighbourhood

12-Nov-2014 - London-based multiple operator Faucet Inn will open the first of its all-day dining concept, Neighbourhood, in Stratford City on 22 November.

Greene King trials craft ale house format

12-Nov-2014 - Greene King is trialling a craft ale house format in its c500-strong Local Pubs division.

JD Wetherspoon reveals poor drink sales at motorway site

12-Nov-2014 - JD Wetherspoon chairman Tim Martin has admitted drink sales have been poor at its first motorway services site because ‘people just want a coffee’.

The Stable secures Plymouth site

12-Nov-2014 - The Stable, the South West-based craft cider and pizza restaurant business in which Fuller’s owns a 51% stake, will open its next site, its eighth in Plymouth next spring.

Full-year net income up 1.3% at Punch

12-Nov-2014 - Punch Taverns has this morning reported a 1.3% rise in like-for-like net income across its 2,925-strong core estate – which marks five consecutive quarters of growth, and said it could now focus on improving its business through investment in its pubs and attracting the best partners to work with.

Greene King chief says Spirit bid is 'transformational deal'

10-Nov-2014 - Greene King chief executive, Rooney Anand, has described the company’s bid for Spirit Pub Company as a “transformational deal” that will “create the UK’s leading pub company”.

Luminar acquires Chicago Leisure

10-Nov-2014 - Luminar, the UK’s largest late-night operator, has acquired the eight-strong Chicago Leisure business from Sun Capital Partners for an undisclosed sum.

St Austell opens new craft beer and smokehouse concept

07-Nov-2014 - St Austell Brewery has opened its new Samuel Jones pub-restaurant on Exeter quayside.

Cider maker Thatchers to open managed pub

06-Nov-2014 - Somerset-based cider maker Thatchers is to make its first foray into the managed pub sector by directly running the Railway Inn, adjacent to its farm in Sandford, north Somerset.

Pub value brands capturing ‘hard pressed family’ vote

05-Nov-2014 - Spirit’s Flaming Grill and Fayre & Square concepts, plus Greene King’s Hungry Horse and Whitbread’s Brewer’s Fayre, all feature in the top 10 brands that are most likely to capture custom from “hard-pressed families”, according to new research by CGA Peach.

New Moon in talks over second Beef & Pudding in Chester

05-Nov-2014 - New Moon Pub Company is close to agreeing a deal for its second Beef & Pudding site, this time in Chester, the Publican's Morning Advertiser's sister title M&C Report understands.

Punch Taverns rolls out two new formats

04-Nov-2014 - Punch Taverns is rolling out two new retail formats, which it says will allow it to “become more involved with the running of some sites”.

Greene King and Spirit agree £773.6m deal

04-Nov-2014 - Greene King and Spirit have announced that they have reached agreement on the terms of a recommended offer, which will see the former acquire the latter in a £773.6m deal and create a 3,127-strong pub company.

Camerons targets 20 managed sites by next year

04-Nov-2014 - Camerons, the Hartlepool-based brewer and pub operator, is aiming to grow its managed estate to 20 next year, with new sites planned for both its Head of Steam and Blue Lounge Pub & Kitchen brands.

Amber Taverns follows twin-track growth

30-Oct-2014 - Amber Taverns managing director James Baer has told the Publican's Morning Advertiser's sister title M&C Report the company is building its high street portfolio.

BrewDog to expand brewery but 'we're still tiny'

30-Oct-2014 - BrewDog, the Scottish brewer and pub operator, has announced expansion plans, including a new 300hl brew-house at its headquarters in Ellon, near Aberdeen.

Greene King gets Spirit bid extension

30-Oct-2014 - Spirit Pub Company has announced that it remains in talks with Greene King regarding the terms of a possible offer for the company, but has agreed an extension for these discussions to continue to 4 November.

Full steam ahead at Titanic Brewery

29-Oct-2014 - Titanic Brewery, the Staffordshire brewery and pub operator, has revealed plans to open 22 new sites by 2020.

Joule’s splits into two divisions and takes on first leasehold

28-Oct-2014 - Joule’s Brewery has split into two divisions reflecting a ‘refocused’ approach to its pub estate, managing director Steve Nuttall has told the Publican's Morning Advertiser's sister title M&C Report.

Fuller's christens The Admiralty pub in naval style

27-Oct-2014 - Fuller’s celebrated the opening of its latest London pub last week in unique style.

Spotlight

Dealing with Enterprise Inns: A cautionary tale

Dealing with Enterprise Inns: A cautionary tale

I’ve always wanted to run my own pub! “Can we? Can we? Can we?” I excitedly asked...

Punch Taverns and the pubco tie - my experience

Punch Taverns and the pubco tie - my experience

One of the things I was always cagey about when writing about the Gunmakers back in 2009...

menu ideas
MENU IDEAS

Seven ideas for bar snacks

Sheila McWattie looks at how pub caterers are maximising the opportunity for bar snacks in their pubs

thanksgiving ideas
EVENT IDEAS

Celebrate.....Thanksgiving

PubFood looks at how licensees are driving trade around Thanksgiving later this month