Operators

Strong trading: Loungers delivers record revenue (Pictured: CEO Nick Collins left and founder Alex Reilley right)

Loungers delivers record revenue

By Shwetali Sapte, MCA

Loungers has delivered record total revenue of £353.5m in the 53 weeks to 21 April 2024 (FY24), up 24.7% on £283.5m in FY23.

Must attend: the next MA Leaders event is happening in Cardiff on 16 May

Stellar speakers lined up for MA Leaders Cardiff

By Nikkie Thatcher

We’re heading to the capital and largest city of Wales – Cardiff next month (Thursday 16 May) for the MA Leaders Club conference and we can now reveal a flavour of the agenda.

New sites: Loungers has a ‘fantastic pipeline’ (Muro Lounge in the north-east pictured)

Loungers opens eight sites since end of January

By Gary Lloyd

The rapid rollout of Loungers new site openings has reached one every 10 days since the end of January this year – bringing the total number in its portfolio to 257.

Business plan: the strategy aims to return the company to profitability

Revolution Bars sets out restructuring plan

By Hannah Currie, MCA

Revolution Bars Group has revealed more details of its restructuring plan and future strategy, which it says comes in response to a series of external challenges affecting the business.

JKS expand to three pubs with Chiswick purchase

Third site for JKS and Jacobs

By Ed Bedington

JKS Restaurants has announced the opening of a third pub with operator Dominic Jacobs in Chiswick, West London.

Scottish operator: BrewDog CEO James Watt claims the business is 10% ahead of on-trade rivals

BrewDog’s ‘phenomenal’ Q1 2024 performance

By Gary Lloyd

Despite the hospitality sector and craft beer having a “very challenged” start to 2024, BrewDog’s performance has been “phenomenal”, according to CEO James Watt.

What's in the news 12 April

Review of the Week

The art of keeping things simple!

By Ed Bedington

The MA's Ed Bedington caught up with Livelyhood non-exec director and business consultant Karen Bosher for her take on the weeks news which has seen a number of results and mergers

Estate numbers: Punch has around 1,300 pubs across the UK

Punch expands its growing estate

By Nikkie Thatcher

Punch Pubs & Co has acquired a trio of Leicestershire pubs from Steamin' Billy into its leased and tenanted division.

The Morning Advertiser's Lock In Podcast episode 76

The Lock In podcast

Winning ways!

By Ed Bedington

As the dust settles on the recent Publican Awards, the Lock In team caught up with some of the winners to find out what makes them tick.

Financial results: despite losses, RedCat has seen turnover more than double (credit: Getty/PeopleImages)

RedCat posts £31m loss

By Gary Lloyd

RedCat Pub Company has posted a pre-tax loss of £31m for the year in its latest annual report.

Nest franchise aims for expansion

Video Exclusive

Greene King aim to build Nest to last

By Ed Bedington

As Greene King launch its first Nest franchise site, the MA caught up with franchise operations director Penny Baldwin to find out more.

What's in the news 22 March?

Review of the Week

'We do it for love, it's certainly not for the money'

By Ed Bedington

The Morning Advertiser's Ed Bedington met up with award winning publican and campaigner Emma Gibbon of the Plough and the Hewlett Arms to get her take on the week's news, from falling inflation to pub closures.

Business results: the trading update from JD Wetherspoon covered the 26-week period to 28 January 2024 (image: Getty/PeopleImages)

JDW ‘has potential for 1,000 sites’

By Nikkie Thatcher

Pub giant JD Wetherspoon (JDW) identified the possibility of increasing its estate by just under a quarter (23%), in its latest trading update.

Cask and keg: Adam Mayers of Hydes Brewery

TV show-themed beers from Hydes

By Gary Lloyd

Hydes Brewery will be producing seasonal beers throughout 2024 based on TV shows from the 1980s and 1990s.

Trading update: Sarah Willingham-led Nightcap acquired The Piano Works in February 2024

Nightcap positive despite tough trading in 2024

By Gary Lloyd

Nightcap – the operator of about 50 bars under brands including The Cocktail Club, Barrio Familia, the Adventure Bar Group and The Piano Works – expects trading to continue to be tough in 2024 but is positive for the future.

What's in the news 15 March

Review of the Week

‘Confidence is starting to rise’

By Ed Bedington

The Morning Advertiser's Ed Bedington caught up with the BII's Steve Alton to get his take on the week's news, ahead of his epic trip to Kenya for Pedalling 4 Pubs.

Integrity & progression: Abi Dunn advised on management retention

MA LEADERS

What matters to your managers?

By Amelie Maurice-Jones

Abi Dunn, the founder of hospitality recruitment agency Sixty Eight People, advised on how to retain managers at the MA Leaders conference in Liverpool last week.

Corner plot: North Laine Brewhouse is stand-out pub in Brighton

Laine’s flagship Brighton pub building on market

By Gary Lloyd

The freehold site of Laine Pub Company’s flagship pub has been placed on the market – but the pubco insists the sale won’t affect the pub and it will be business as usual.

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Property of the week

KENT - HIGH QUALITY FAMILY FRIENDLY PUB

£ 60,000 - Leasehold

Busy location on coastal main road Extensively renovated detached public house Five trade areas (100)  Sizeable refurbished 4-5 bedroom accommodation Newly created beer garden (125) Established and popular business...

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