More than nine out of 10 Brakspear tenants (92%) would renew their agreement with the company, according to the pub operator’s survey of its tenants.
PS - the Pub Company will open its second Blue's Smokehouse in Twickenham this weekend as it looks to roll out the concept in and around London.
Revere Pub Company, the premium pub format created by Marston's, has announced the opening of two new pubs with rooms.
Star Pubs & Bars is investing £75,000 in running new retail skills workshops for its lessees, which it anticipates will deliver 1,000 days of free training this year.
JD Wetherspoon has looked internally to cover its vacant finance director role, promoting Ben Whitley, who has been with the company since 1999, on an interim basis.
Hertfordshire-based brewer and pub operator McMullen has paid out bonuses of up to £10,000 to more than half its tenants for driving tied sales above expectations.
JD Wetherspoon, the managed operator, has exchanged contracts to purchase its first pub in the Republic of Ireland and says it plans to open between 10 and 20 in the country over the next five to 10 years.
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 cold start to spring”.
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.
Enterprise Inns caused much derision and some cynical comments on the PMA’s online forum when it announced last month that the average Enterprise licensee achieves a profit of £45,000 a year (including a £10,000 estimate of the value of accommodation), while Enterprise gains an income of £67,000 and the Treasury takes a whopping £145,000.
Greene King chief executive Rooney Anand has reiterated his support for introducing a minimum price for alcohol ahead of the Government’s expected consultation on the measure.
Harveys, the Sussex brewer and pub operator, could apply its pub franchise agreement to future pub acquisitions, joint managing director Hamish Elder has revealed.
Red Mist Leisure, the Surrey-based multiple pub operator, is to open its fourth site, a private leasehold with an option to buy the freehold at a later date.
Calco Pubs, the 79-strong pub group, which was placed into administration in January, collapsed with debts of £23.4m.
The continuing pub-disposals programme among major pubcos, and the on-going decline in beer sales, contributed to a 10% fall in income for the British Beer & Pub Association (BBPA) in its most recent accounts.
Daniel Thwaites, the Lancashire brewer and pub operator, is to increase investments in its estate over the next 12 months, with a £1m spend planned at 40 pubs.
Premium pie maker Pieminister is opening a pop-up shop in east London at the end of the month (28 November).
BrewDog, the Scottish brewer, is eyeing Leeds, Birmingham and Sheffield for its next craft beer bar openings.
Cal Management, the pub operator that bought 44 community sites in northern England out of administration two years ago, has itself fallen into administration because of “difficult” trading conditions.
Inventive Leisure, the Revolution Vodka Bar operator, saw pre-tax losses increase in the year to 30 June 2011 after incurring an £880,000 impairment charge and higher interest payments.