City Pub Co has revealed it wants to double the size of its estate to 100 pubs focusing on a cluster strategy, Clive Watson, executive chairman has told The Morning Advertiser.
Almost half of The Morning Advertiser’s (MA) readers have said they will continue with table service beyond next week and the relaxation of Covid-secure trading measures.
City Pub Group’s executive chairman, Clive Watson, explains that the operator’s definition of ‘high quality’ pub opportunities has changed slightly as the Group emerges from lockdown.
Despite pandemic restrictions hitting its revenue for £34.2m in the 52 weeks ended 27 December 2020, City Pub Group is in an ‘excellent position’ as the country reopens according to its executive chairman.
The past week has seen Risk Capital Partners make senior hires at Curious Brewery, while City Pub Group has acquired more shares in the Galaxy, Pioneer and Sovereign City Pub Companies.
This week’s round-up includes news that Marston’s CEO Ralph Findlay is to leave his role after 20 years, City Pub Group has hired a former Walmart boss, and the founder of Seafood Pub Company is to lead a new Oakman division.
The operator of 48 pubs across southern England and Wales reported that revenue for the 52 weeks to 27 December plummeted from £60m to £25.7m – a 57% dive.
The City Pub Group's chairman has lauded the operator’s ‘encouraging’ post-lockdown performance after revenues bounced back from a 55% hit taken during 15 weeks of enforced closure.
The City Pub Group has announced that it is well-placed to reopen "a reset, more efficient, streamlined business" post-lockdown after announcing strong trading performance during 2019.
The City Pub Group has warned its profits have been hit by a cocktail of external factors, including consumer uncertainty about politics and bad weather at the tail end of the year.
Big crowds and a busy bar can put extra pressure on staff, so they need to be prepared for the challenges ahead. Here are five top tips on building a winning team
