Pubs and Bars

The latest news and updates on pubs and bars, from the business journalists at Catering Today. We bring you the latest on what’s happening in the restaurants, bars and catering industry, with exclusive stories, analysis, best practice and industry comment.

Aug- 2022 -

4 August

Nightcap revenues jump 55.1% to £35.9m in FY22

Nightcap has reported its group revenues surged 55.1% year-on-year from £6m to £35.9m on a combined group of companies basis for the 53 weeks ended 3 July 2022 (FY22), with like-for-like revenues up 23.6%. The fourth quarter ended 3 July 2022 (Q4 FY22) also saw group revenues jump 73.2% to…
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2 August

Revolution Bars sees ‘strong’ LFL sales

Revolution Bars Group plc, has reported its full year like-for-like (LFL) sales increased 1.3% in the year ended 2 July 2022 (FY22), following the lifting of Covid restrictions in England after 19 July 2021. The group said this is a strong result given the disruption caused by the Omicron variant…
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1 August

Nightcap launches Bar Academy and Tonight Josephine Bristol site

Nightcap has announced the launch of the Nightcap Bar Academy, its dedicated training hub which marks a central point for training across the group for both new and existing teams. Located in Camden Market, the Academy will provide training for all staff members to improve skills and deliver “consistent levels…
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Jul- 2022 -

29 July

Shepherd Neame acquires three Essex pubs

Independent brewer and pub operator, Shepherd Neame, has continued the expansion of its estate with the acquisition of three Essex pubs on a freehold basis. The acquisitions include The Bellhouse in Leigh-on-Sea, The Exchange in Southend-on-Sea and The Hamlet Court in Westcliff-on-Sea. All three properties were previously part of the…
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27 July

Marston’s like-for-like sales drop 2%

Marston’s plc has revealed its like-for-like sales dropped 2% for the 42 weeks to 23 July FY22, compared to the same period in FY2019, due to the reintroduction of trading restrictions in December and January, and the impact on consumer sentiment in H1. However, total retail sales in the group’s…
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22 July

Mitchells & Butlers sales slow amid inflationary pressures

Mitchells and Butlers has reported that like-for-like sales have fallen 0.9% in the 42 weeks ended 16 July 2022 (Q3), compared to pre-Covid levels in 2019, dropping from a 3.8% growth in Q2. The company said inflationary cost pressures continue to present a “major” challenge to the business and to…
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20 July

Hospitality sales rise 5% in June, but inflation ‘bites’

Britain’s managed restaurant, pub and bar groups saw like-for-like sales in June rise 5% above pre-Covid levels in June 2019, representing the “strongest” month of like-for-like growth since the start of 2022. However, according to CGA’s Tracker, produced in partnership with The Coffer Group and RSM UK, June’s figures are…
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20 July

Shepherd Neame acquires Bournemouth bar Urban Reef

Shepherd Neame, an independent brewery and pub operator based in Faversham, has expanded its estate with the acquisition of Urban Reef, a bar and restaurant based in Bournemouth. Located next to the beach on Boscombe Promenade, Urban Reef opened in 2009 and is a two-storey venue comprising a bar, café,…
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18 July

New PM must support beer and pubs, BBPA urges

A letter urging the new leader of government to support pubs during the cost of living crisis has been penned by The British Beer and Pub Association (BBPA) . The letter urges any new leader to “rebalance the UK’s alcohol duty system to support UK pubs and brewers, reduce the…
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13 July

JD Wetherspoon warns of full-year losses amid ‘laborious’ recovery

JD Wetherspoon has warned it is expecting an annual loss of £30m in its upcoming full-year results, as recovery for many businesses has been “slower and more laborious” than first anticipated. After investing heavily in labour, repairs and marketing, the group expects FY22 losses to be higher than expected, as…
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