Greene King

Investment: money for tenants has increased

What do Greene King’s joint ventures mean for tenanted pubs?

By Nicholas Robinson

Greene King will work with more pub industry stars on joint ventures after announcing the launch of a third site with celebrity chef Tom Kerridge this week, but managing director Clive Chesser vowed tenanted sites would not be forgotten.

Concerned: pubs code adjudicator Paul Newby vows to investigate MRO issues further

PCA to confront pub owning businesses over MRO blocking

By Claire Churchard

Pub-owning businesses (POBs) are blocking tied tenants’ access to the market rent only option (MRO) and going against the spirit of the pubs code, according to a report commissioned by the pubs code adjudicator’s office.

Future plans: Greene King chief executive Rooney Anand said the pubco will target further market outperformance

Greene King reports strong annual results

By MCA

Greene King has this morning reported a 1.5% increase in like-for-like sales across its managed division in the 52 weeks to 30 April 2017, driven by a good Christmas, a stronger fourth quarter and a strong performance from its Greene King Locals pubs.

Waste commitment: Greene King has set a goal for zero waste to landfill by 2020

Greene King pledges zero waste to landfill by 2020

By Georgina Townshend

Greene King has set a new target of sending zero waste to landfill by 2020, as the pubco predicts the issue of waste will become “more and more pressing” for the sector.

Low pick-up: only a handful of licensees have taken the MRO option

Meagre MRO take up across major pubcos

By Liam Coleman

Only eight licensees have taken up the market-rent-only (MRO) option across five of the six pubcos governed by the pubs code since it came into force in July 2016.

Licensing objectives cited: Greene King loses bingo application in Court of Appeal

Greene King loses bingo licence appeal

By Georgina Townshend

The Court of Appeal has refused a Greene King application to have bingo in its pubs, after the court ruled in favour of the Gambling Commission.

Rise: Greene King reported an increase in sales over the festive period

Record-breaking Christmas for Greene King

By Nikkie Sutton

Pub group heavyweight Greene King broke its Christmas Day trading record and saw like-for-like sales growth of 1.1% for the 40 weeks to 5 February.

December 2016 pub openings

Openings

December 2016 pub openings

By Nikkie Sutton

The Morning Advertiser takes a look at new openings and pub facelifts in the last month of 2016.

Cerberus in talks to sell c£400m pub package

Greene King

Cerberus in talks to sell c£400m pub package

By Mark Wingett, MCA

US private equity firm Cerberus Capital Management is understood to be in advanced discussions to sell a portfolio of c170 pubs, which are currently let to Greene King, in deal valued at c£400m.

Confident: Rooney Anand expects little impact to the group from MRO requests

pubs code

MRO quote plea from 24 Greene King licensees

By Michelle Perrett

Greene King has revealed that 24 licensees requested a quote for the market rent-only option (MRO) in the first three months of the pubs code.

Winner: Paul Wishart was named Business Development Manager of the Year

Operations Managers Awards

Best operations managers in the country named

By Liam Coleman

The winners of the ALMR Operations Managers Awards 2016, the yearly search for the best and brightest regional managers in the pub sector, have been announced at a gala ceremony in London.

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