Enterprise Inns plc (ETI) has issued its Interim Management Statement for the 18 weeks to 1 February 2014 and describes performance as ‘encouraging and in line with our expectations’. However, LFL net income only rose by 1% against easy comparative figures of -4.4% last year when bad weather was particularly damaging. Combined with ongoing declines in wet-led pub volumes and … [Read more...]
It’s game on for Punch Pubs
The world’s biggest pub darts competition organised by Punch Taverns, The Darts Classic Competition, is underway in hundreds of Punch pubs across the country, with over 1,100 pubs entered for the 2014 competition – the highest amount of participating pubs on record. The competition, which is sponsored by Holsten, John Smiths, Guinness and Budweiser and facilitated by World of … [Read more...]
Hawthorn Leisure plans for the 275 Greene King pubs – and more
Hawthorn Leisure Limited, the innovative new pub company established to acquire, invest in and support pubs across the UK, announced yesterday that it has exchanged contracts for the acquisition of a portfolio of 275 tenanted and leased public houses from Greene King. The transaction is scheduled to complete by early June 2014, and Hawthorn Leisure’s declared strategy is to … [Read more...]
Disappointing Easter for pubs and restaurants
Britain's leading pub and restaurant groups, which had just recorded 12 consecutive months of sales growth, saw sales dip over the Easter weekend, with collective like-for-like sales down 3.8% on the corresponding four-day holiday last year, according to latest figures from the Coffer Peach Business Tracker. "The results will be a little disappointing, but need to be put in … [Read more...]
Sky launches free online training to keep Pubs & Clubs ahead of the game
As part of Sky’s ongoing commitment to bolstering its unrivalled collection of free support products and services to help licensees drive full value from their Sky subscription, the company has launched ‘Making the Most of Sport’ – a free training course for pubs and clubs. Developed in association with CPL Training Group, this engaging and interactive course is available … [Read more...]