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.
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Jul- 2021 -29 July
Mitchells and Butlers reports ‘volatile’ trading post-lockdown
Mitchells and Butlers has reported “volatile” sales since the reopening of its estate on 17 May 2021. In a recent trading update for the 43 weeks ended 24 July 2021, the group said total sales, including 18 weeks of enforced closure, were at 35% of pre-Covid levels. In the first…
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28 July
Marston’s reopening sales beat expectations
Marston’s pub group has reported that overall sales for the 42 weeks to 24 July 2021 have been “encouraging, and better than expectations”. In the first week of trading since restrictions were lifted on 19 July, the group said it saw a “modest uplift” in sales adding that whilst this…
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26 July
Star Pubs & Bars awards long service licensee
Star Pubs and Bars has presented licensee Paul Monk, of the Bowling Green Inn on Brook Street in Ashby-de-la-Zouch, with an award for his 35 years in service. The group said that the long service award recognises the “contribution” Monk has made to the town and the pub. One of…
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26 July
Admiral Taverns acquires Hawthorn for £222.3m
Admiral Taverns has announced that it has acquired the entire issued share capital of the Hawthorn pub portfolio from real estate investors NewRiver, for a total consideration of approximately £222.3m. Hawthorn currently operates 674 pubs through a mixture of tenanted, leased and operator managed sites across the UK. The acquisition…
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20 July
The Victoria to undergo £800k refurb
Public Urban Bars has begun a £800,000 refurbishment of The Victoria in Rainhill with the aid of Star Pubs and Bars. The pub will be converted into the group’s fourth Cookhouse Pub and Carvery site and will open in early October 2021, creating 40 new jobs. Outside work will renovate…
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20 July
Marstons announces director shakeup
Pub group Marston’s, has announced that Carolyn Bradley, a non-executive director and senior independent director will step down from her role with effect from 31 July 2021. Bradley will instead join the board of TheWorks.co.uk as its newest chairman following an annual general meeting on 30 September 2021. She is…
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13 July
Star Pubs & Bars supports £600k refurb of The Hobbit
Alternative Pubs is reopening The Hobbit pub in Southampton following a £600k joint investment with Star Pubs and Bars. The refurbishment has given the pub a “unique fantasy theme” and added one of the “biggest beer gardens” in the city centre. In addition,10 new jobs have been created. The enlarged…
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13 July
Knightley Arms opens community café for local residents
The Knightley Arms, a Northamptonshire pub, has opened a community café to act as a social hub for local residents. Jen Rees, who took over the then closed venue in October 2020, intends to re-establish the site as “the heart of the village” of Yelvertoft. In order to diversify from…
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12 July
Young’s sells majority of Ram estate for £53m
Pub group Young’s has agreed to sell 56 of the 63 pubs in its Ram Pub Company estate to Punch Pubs and Co for £53m. The group said it will retain the remaining seven pubs for the long term, after the board decided that the best way to “increase value”…
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8 July
Fuller, Smith and Turner swings to £59.2m loss
Fuller, Smith and Turner has swung to a pre-tax loss of £59.2m for its FY21 results ending 27 March 2021, down from a profit of £166.2m the prior year. The loss was attributed to the fact that 71% of the group’s estate was closed during the year due to Covid…
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