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The value of freeholds in the sector can be an “illusion” and operators are restricting themselves if they avoid leaseholds, according to serial industry investor Luke Johnson. Source:Luke Johnson: Operators 'restricting themselves' by only seeking freeholds The founder of posh tea brand Clipper Teas, Mike Brehme, has launched a new range of hot drinks that he hopes will create a new category. Source:Clipper Teas founder looks to heat up hot drinks market with FruitBroo Beer sales in UK pubs fell 5.5% in Q1 against the same period last year, the equivalent of 49.8m fewer pints sold across the three months. Source:Pub beer sales drop again in first quarter of year A new ‘digital wallet’ for Mitchells & Butlers’ (M&B) Harvester brand has helped to “close the digital loop” and provide more information about what each customer is worth to the business in monetary terms. Source:Harvester 'digital wallet' scheme attracts new customers Greene King, the brewer and pub operator, has reported a 2.2% rise in like-for-like sales across its managed estate for the 51 weeks to 21 April 2013 and said it expected to meet market expectations for the full year. Source:Greene King reports managed like-for-like sales rise The British Beer and Pub Association’s (BBPA’s) application for a judicial review over Cambridge City Council’s interim pub protection policy has been turned down. Source:BBPA judicial review over Cambridge City Council pubs protection policy turned down The social stigma attached to dining solo is fading due to the availability of free wifi in pubs and restaurants. Source:Dining alone in pubs on the rise due to wifi availability The Government is to halve the amount of time allowed to submit a judicial review against a planning application to six weeks. Source:Government reveals changes to judicial review system Traffic-cone shaped cocktail pitchers have been unveiled as part of a summer bank holiday campaign for WKD. Source:WKD unveils traffic cone cocktail pitchers Amber Taverns, the LGV Capital-backed operator of wet-led community pubs, has continued its expansion into the Midlands with three acquisitions in the region, and another in Merseyside. Source:Amber Taverns seals four pub deals |
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