Managed Groups

Key acquisition: Breal and Calveton procure TGI Fridays (Credit: Getty/Adam Gault)

Breal Capital and Calveton acquire TGI Fridays

By Shwetali Sapte, MCA

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.

Capital choice: the Punch Bowl in Mayfair offers a great food and drinks menu

MY PUB

MY PUB: The Punch Bowl, Mayfair, London

By Gary Lloyd

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.

Pubco acquired: Epiris, the new owner of Amber Taverns, has not revealed any financial terms

Amber Taverns acquired by Epiris

By Gary Lloyd

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.

Wet weather: Drinks sales down again (Credit: Getty/dorian2013)

Wet weather dampens drinks sales

By Rebecca Weller

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.

Increased sales: JDW reports 5.7% total growth for FY24

JDW sales up 5.7% to £2bn in FY24

By Rebecca Weller

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.

Sales boost: M&B expects certain pressures to ease in future

M&B posts 5.2% lfl sales boost for 51-week period

By Gary Lloyd

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.

Tax disparity: JDW slashing prices to highlight benefits of a VAT reduction for the sector

JDW cutting prices to mark Tax Equality Day

By Rebecca Weller

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.

Big picture: a look back at how JDW has performed so far this year (Pictured: JDW chair and founder Tim Martin)

Analysis: JDW's performance so far in 2024

By Rebecca Weller

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.

Sales boost and high-end predictions: All Bar One (pictured) is one of M&B's brands

M&B lfl sales up 7% and buys Pesto Restaurants

By Gary Lloyd

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.

Business report: JDW reveals like-for-like sales rise in the 13 weeks to 28 April 2024 (image: Getty: Poike)

JDW disposed of 18 sites in year-to-date

By Nikkie Thatcher

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.

Business results: the trading update from JD Wetherspoon covered the 26-week period to 28 January 2024 (image: Getty/PeopleImages)

JDW ‘has potential for 1,000 sites’

By Nikkie Thatcher

Pub giant JD Wetherspoon (JDW) identified the possibility of increasing its estate by just under a quarter (23%), in its latest trading update.

Tim Martin: JDW has seen 'consistent but slow' recovery from pandemic

JDW reports 10.1% growth

By Amelie Maurice-Jones

JD Wetherspoon (JDW) has announced financial growth in its trading update for the six months ending 28 January 2024.

Boss comments: M&B chief executive Phil Urban was delighted by the firm's trading performance

7.7% sales upswing for M&B

By Nikkie Thatcher

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.

New opening: £1.1m has been invested in the new JDW pub at Haven Primrose Valley

JDW to operate at Haven holiday parks

By Amelie Maurice-Jones

JD Wetherspoon (JDW) has signed an exclusive agreement with UK holiday park operator, Haven, meaning it can operate at its parks.

Bargain: JDW drops food and drink prices in a January sale

JDW launches January sale

By Amelie Maurice-Jones

JD Wetherspoon (JDW) is rolling out a nationwide sale at more than 800 of its pubs to welcome in the new year, and £1.99 pints are on the cards.

M&B reports record market outperformance in 2023

M&B reports record market outperformance

By Shwetali Sapte, MCA

Mitchells & Butlers (M&B) has reported financial results for the year ended 30 September 2023 (FY23), with like-for-like (lfl) sales growth of 9.1% against FY22.

Positive figures: JDW chair Tim Martin says the company is increasing spend at its pubs

Like-for-like sales up 9.5% at JDW

By Gary Lloyd

JD Wetherspoon (JDW) has reported like-for-like (lfl) sales in the first 14 weeks of its financial year (FY24) were 9.5% higher than the same period last year.

Head-to-head: M&B to rival Greene King's US-style barbecue operation with new smokehouse opening (Credit: Getty/luchezar)

EXCLUSIVE

M&B to launch US-style barbecue venue

By The Morning Advertiser

Mitchells & Butlers (M&B) are set to go head-to-head with Greene King with the launch of a new operation focused on "Slow ‘n Low" US-style barbecue food.

Significantly stronger: JDW reports 9.9% sales increase (Pictured: JDW chairman Tim Martin)

JDW reports 9.9% sales increase

By Rebecca Weller

JD Wetherspoon (JDW) has reported like-for-like sales were up 9.9% in the nine weeks to 1 October 2023 compared to the same period last year.

On the market: JD Wetherspoon has appointed two estate agents to sell 11 of its pubs (credit: Getty/JanpenBoonbao)

JDW to sell 11 pubs

By Gary Lloyd

Pub giant JD Wetherspoon (JDW) has appointed estate agents Savills and CBRE to sell 11 of its pubs.

Third-quarter results: Phil Urban says M&B is well positioned to deliver a strong full year

Like-for-like sales up 8.9% at M&B

By Gary Lloyd

Mitchells & Butlers (M&B) believes it will “continue to outperform the sector” after reporting like-for-like (lfl) sales in the year to date were up 8.9% versus last year.

Tuck in: JDW, which is chaired by Tim Martin, has scored impressively high across the UK for its food hygiene

JDW food rating score almost perfect

By Gary Lloyd

JD Wetherspoon (JDW) has scored an average rating of 4.99 out of 5 in the latest food hygiene rating league for its 763 pubs in England, Wales and Northern Ireland.

Half-year results: people returning to city centres has helped boost business at Mitchells & Butlers

M&B lfl sales for first half of year rise 8.9%

By Gary Lloyd

Pubs, bars and restaurants operator Mitchells & Butlers (M&B) has reported like-for-like sales growth of 8.9% for the first half (H1) of its 2023 financial year (FY23).

Warning: JDW’s Tim Martin said a lack of Government understanding presents a threat to the prosperity of the country

JDW FY23 sales ‘likely to be a record’

By Gary Lloyd

JD Wetherspoon (JDW) has announced like-for-like (lfl) sales increased by 9.1% in the third quarter (Q3) of its 2023 financial year (FY23) and sales for the entire year look set to be a record.

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