The latest news from the pub industry's top companies, as well as deals, results and appointments from the City.
05-Mar-2014 - Shepherd Neame, the Kent-based brewer and pub operator, saw growth accelerate across its tenanted and managed pubs, its hotels and core brands in the 26 weeks ended 28 December, with managed like-for-likes up 7.5% in the period.
05-Mar-2014 - Maclay Inns, the Scottish pub and bar operator, is to launch a new pub concept featuring barbecue food and craft beer.
04-Mar-2014 - Stonegate, the managed operator, has announced that chief executive Toby Smith is to leave the company as soon as a suitable successor can be appointed.
03-Mar-2014 - Batemans, the Lincolnshire-based brewer and pub operator, has developed a management/tenancy hybrid agreement for future pub acquisitions, the Publican's Morning Advertiser's sister title M&C Report has learned.
03-Mar-2014 - New World Trading Company, the Tim Bacon and Jeremy Roberts-led pub group, is on target to add five more sites to its estate this year.
03-Mar-2014 - Punch Taverns chief Stephen Billingham has written to Vince Cable demanding a meeting after the business secretary’s gaffe last week.
28-Feb-2014 - A business-builder programme run by Admiral Taverns for its pub estate has been recognised by a BII (British Institute of Innkeeping) good practice scheme.
28-Feb-2014 - Punch Taverns has stated that it would default on its debt payments within 30 days of the 15 April covenant testing date if it fails to achieve its restructuring plan, and warned of the “material negative impact on the business” if its plan is not approved by stakeholders.
26-Feb-2014 - South London group Renaissance Pubs is making a move into rooms by opening its first boutique hotel above the Tommyfield in Kennington this spring.
26-Feb-2014 - Whitbread has re-opened its Hobb’s Boat pub near Weston-super-Mare, in Somerset, as a pilot site under a new umbrella called Whitbread Inns, with a focus more on the local community, the Publican's Morning Advertiser's sister title M&C Report understands.
26-Feb-2014 - SA Brain has announced that retail director Philip Lay is to leave the business at the end of March, after 12 years with the company.
26-Feb-2014 - Stonegate’s conversions of its Living Room sites will have a “bias” towards Missoula, the group’s new US-inspired venture, according to chief executive Toby Smith.
20-Feb-2014 - Trust Inns, the tenanted pub operator led by Lynne D’Arcy, has secured a new £130m debt facility.
18-Feb-2014 - Stonegate, the managed operator, expects to have another dozen sites converted to its evolved student-bar concept Common Room by the end of summer, after sales grew 60% at the first outlet to operate under the format, chief executive Toby Smith has told the Publican's Morning Advertiser's sister title M&C Report.
18-Feb-2014 - London-based bar operator Grand Union plans to triple its estate and eventually expand outside the capital, having rolled out new food and drink menus.
17-Feb-2014 - Brasserie Bar Co, the owner of the Brasserie Blanc chain and White Brasserie Company, has secured £13.5m of new funding to support the expansion of the group by at least 20 new sites over the next three years.
17-Feb-2014 - Stonegate, the managed pub operator, is offering every member of staff 25% off all purchases at the company’s venues under a new employee reward card introduced this month.
13-Feb-2014 - Heineken is to challenge an Advertising Standards Authority (ASA) ruling after it upheld two complaints that the brewer misled consumers about the provenance of Kronenbourg 1664.
12-Feb-2014 - Revere Pub Company, Marston’s premium pub arm, is in negotiations on a couple of high-street sites as it looks to add to its 18-strong Pitcher & Piano estate and unbranded portfolio this year.
11-Feb-2014 - Pub entrepreneur Ted Kennedy has been appointed to manage 12 former Bramwell Pub Company sites on behalf of the landlord.
11-Feb-2014 - Kent brewer and pub operator Shepherd Neame has launched a branded coffee concept to raise its tenants’ revenues.
10-Feb-2014 - Marston’s disposed of more than 200 pubs to a property investor in December in part to reduce its “exposure to the potential effects of government intervention”, according to the company’s chief executive.
07-Feb-2014 - Chicago Leisure has seen sales at its new-look Chicago Rock Café grow by more than 60% since it relaunched in November, as it firms up plans to expand.
06-Feb-2014 - Enterprise Inns has announced the appointment of former Mitchells & Butlers CEO Adam Fowle as a non-executive director, as it reports “encouraging” trading in the first 18 weeks of its financial year, with like-for-like net income across the whole estate for the year to date up 1% on the prior year.
05-Feb-2014 - Cheshire brewer and pub operator Frederic Robinson is planning to develop a managed estate by converting its tenanted pubs with million pound turnover potential into managed sites.
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