The hospitality sector could see significant gains by optimising its payment strategies and providers, according to a new report by emerchantpay.
A Kent pub was forced to close for a few days after Calor Gas failed to top up gas levels, which the managing director of the pub group has claimed was “not forgivable”.
Carlsberg has reported UK volumes down 7% in H1 2017, which it blamed on tough comparatives with Euro 2016.
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.
Food sales among multiple operators of licensed premises are at a 10-year high, according to a comprehensive annual survey by the Association of Licensed Multiple Retailers (ALMR).
Greene King has warned licensees that consumer confidence may be affected by Brexit, after reporting strong financial results in a ‘transformational year’ for the pubco.
Spirit Pub Company, which is set to become part of Greene King, has this morning reported a 1.5% increase in like-for-like sales across its managed division, with net sales up 4.5% and EBITDA up by 6% to £59.8m.
Greene King has reported revenue growth of 5.3% across its retained business to £613.1m with profit before tax up 3% for the 24 weeks to 19 October.
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.
Spirit Pub Company has reported a 2.1% rise in like-for-like net sales in its managed arm for the 12 weeks to 16 August, with net income growth in the leased division accelerating to +4.8%.
ABInBev, the Stella Artois and Budweiser brewer, saw UK sales of its drinks grow 13.5% in Q2 2014, due to ”strong World Cup volumes”.
Greene King, the brewer and pub operator, has reported a 9.4% rise in pre-tax profits to £173.1m in the 53 weeks to 4 May, with the company saying it has now delivered four years of record results.
Spirit Pub Company has reported a 4.1% rise in like-for-like net sales in its managed division in the 12 weeks to 17 August and improving trends in its leased estate.
Spirit Pub Company has reported a 2.6% rise in like-for-like sales across its managed estate for the six weeks to 25 May, a performance that bounced back after a 3.8% decline in the proceeding six weeks, which it said was impacted by an “an exceptionally...
C&C Group, the Irish producer of Magners cider, has reported a resilient performance for the year to 28 February despite a 15% decline in UK cider volumes in what it describes as a difficult trading environment in the UK and Republic of Ireland.
Enterprise Inns has reported that the first half of its financial year had been “particularly challenging” with like-for-like net income across its estate down 4.2% in the six months to 31 March.
Whitbread total revenue exceeds £2bn
Whitbread, the leisure operator, saw total revenue exceed £2bn in the year to 28 February.
Spirit Pub Company has reported a 1.4% rise in like-for-like sales in its managed division in the 28 weeks to 2 March 2013, with like-for-like net income in its leased estate down 2.9%.
Punch Taverns, the tenanted and leased pub operator, has reported another quarter of improved trends in the business, although profits, revenue and EBITDA all declined across the 28 weeks to 2 March 2013.
Mitchells and Butlers reports like-for-like sales increase
Mitchells & Butlers (M&B), the managed operator, has reported a 2.1% rise in like-for-like sales in the year to 29 September, a year in which the company said it has initiated "significant cultural change".
Pub beer sales dropped 4.8% in the third quarter of this year, compared to the same period in 2011, with 51m fewer pints being sold – that’s according to the British Beer and Pub Association’s (BBPA) Beer Barometer.
Booker, the food and drink wholesaler, has announced it has reached an agreement to acquire from Metro AG its UK wholesale operation Makro, for £139m.
Magners revenue grows in the UK
C&C Group, the Irish producer of Magners cider and Tennents lager, has reported a full-year growth in Magners revenue in Britain for the first time in five years, thanks to new variants of the brand.
Minimum pricing ‘would earn industry £850m per year'
The alcohol industry would earn £850m per year if the Government goes ahead with plans to introduce a minimum alcohol unit price of 40p, according to research form the Institute for Fiscal Studies (IFS).
Sceptre reports drop in revenue
Sceptre Leisure, the amusement and gaming machines supplier, has reported a drop in revenue for the six months to 31 October, but said that it continued to trade “robustly”.
Greene King revenues pass £0.5bn
Greene King, the brewer and pub operator, has reported H1 revenues of more than half a billion pounds for the first time, with the managed division and food sales in particular being credited for the growth.
Managed pub operator Mitchells & Butlers (M&B) — a takeover target for Bermudan billionaire Joe Lewis — has reported its 34th consecutive quarter of like-for-like growth.
Cucina Lux, the parent company of foodservice supplier Brakes, saw losses increase 37% in 2010, with UK operating profits before exceptional items down 20.3% as sales growth slowed.
AWP supplier Sceptre Leisure is in "great financial health" despite full-year profits being at the lower end of expectations.
Eclectic Clubs & Bars, the Avanti Capital-backed late night operator, has reported a 6% growth in revenue for the second half of 2010 despite a...
Luminar, the embattled nightclub group, has this morning reported same outlet sales down 18.6% for the year to 26 February 2011, driven by a...
Demand high for pubs with accommodation
Pubs have been warned they could be missing out on thousands of pounds of business by failing to provide accommodation for guests. Tourism and...
Pubs sell 333 million fewer pints year-on-year
Pubs last year sold 333 million pints fewer than they did in 2009, while off-trade beer sales rose slightly, latest figures have revealed. Overall...
Beds & Bars, the hostel and bar operator led by Keith Knowles, has reported a circa 30% rise in turnover in its most recent financial year. The...
M&B reports a robust performance
Managed pub company Mitchells & Butlers has reported a "robust" performance in challenging conditions for the year to 26 September. Like-for-like...
Over 1,500 pubs, clubs and restaurants have closed in Ireland over the past five years costing thousands of jobs, according to a new survey.
Kent brewer and operator Shepherd Neame has reported a 24.6% drop in operating profit as it faced "one of the most challenging and difficult years"...
Shepherd Neame to sell 35 bottom end pubs in estate re-jig
Kent brewer and pub operator Shepherd Neame is looking to sell nearly 10 per cent of its estate - 35 sites - to focus on its better performing...
London Town, the AIM-listed pub operator, London Town has reported revenues for the six months to 28 June are "broadly unchanged" at £13.6m. ...
Greene King is looking forward with "cautious optimism" after a 1.3% rise in revenue to £942.3m for the 52 weeks to 3 May. Operating profit dipped...
Carlsberg saw organic beer volumes drop by 8% in northern and western Europe for the three months to 31 March. The Danish brewer said that reported...
A group of MPs have launched an inquiry into the impact of last year's bumper duty rises and the potential duty escalator rise on wine and spirits....
Eight per cent income slump for Enterprise Inns pubs
Enterprise Inns has reported an eight per cent fall in pub net income across its estate in the 16 weeks to January 17, 2009, with rental revenue down...
The UK market was the only market to record net revenues below last year for Carlsberg. The Danish brewer said that "the toughening market...
Magners' maker warns as cider sales slump
Magners owner C&C has warned the City to expect "a material drop" in it profits as it struggles for sales both in its Irish home territory and in...
Restaurant and pub operator The Restaurant Group has revealed a 5.5% increase in like-for-like sales on last year. The company, which acquired the...
Beer tax rise will create "black hole
MPs have been warned of a "black hole" that will be created by raising tax on beer in next month's Budget. The British Beer & Pub Association has...
Bingo operator hit by smoking ban
The smoking ban has hit earnings at the one of the country's largest bingo hall operators.Rank Group, which operates Mecca Bingo halls, announced a...
Smoke ban hits wet sales in bars
Wet sales have fallen in a third of style bars since the smoking ban, a survey by The Publican's sister magazine Theme has revealed. The worrying...
City analyst claims Punch Taverns' acquisition of Mill House Inns has been disappointing in its first 24 weeks