Punch Taverns believes there is potential to convert “hundreds” of its sites both across its core and turnaround estate to its fledgling wet-led community local model, Mighty Local, subject to clarity on the market rent only option (MRO), M&C Report understands.
Il Portico, a restaurant in Kensington that has been run by the same family for 49 years, is opening a second site on Kensington High Street called Pizzicotto, M&C Report has learnt
Porky’s, the Memphis BBQ restaurant, is rolling out four sites this year as part of its plan to reach 10 over the next two years, M&C Report has learnt
Coal Grill & Bar, the restaurant group operated by Charterhouse Leisure, saw like-for-like sales up by 6% in December across its estate, John Gates told M&C Report as the group prepares to open its 10th site in Swindon today
A new report by the Pub Governing Body has said pub companies are increasingly waving business plans when granting new lease and tenancy agreements, resulting in them being non-compliant with the Industry Framework Code (IFC).
Martin Sherwood, chairman of British Country Inns, has told M&C Report he is seeking buyers for the 19-string pub group but said recent offers on the market have been “absurdly low”.
Living Ventures Group, the Tim Bacon-led business, has acquired the former Room Restaurant site on Manchester’s King Street to open Grand Pacific restaurant and bar
The leasehold of the former Rex nightclub in Stratford, east London, has been brought to the market by leisure property specialists Fleurets
Diageo has reported net sales up 2% in the UK for H1 with reserve brands up 50%.
Thatchers has been producing cider since the early 1900s and the family-run business, now in its fourth generation, is still doing well. Mike Berry finds out more about the man at the helm.
Analyst Will Brumby, of Langton Capital, looks back over the past year of the M&C20 index and highlights Domino’s and Patisserie Valerie among the big winners and Punch and Enterprise among the losers
Ralph Findlay talks about the most powerful brand in the sector – the British pub – and why high-volume business models mean there’s always a place for innovation
A year of rapid change in the casual-dining sector in 2014 is likely to be followed by even more activity in the year ahead, as group transactions continue unabated and consolidations fuel a pent-up demand. Cenkos Securities’ Simon French reports
It is not a technical term, but the word that many operators have used to some up their thoughts on the next 12 months is mental. Competition will continue to be fierce with all the on-going challenges that brings with it
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