City Pub Group: Expansion continues with acquisition of Bateman Street’s Simmons City Pub Group City Pub Group has announced the acquisition of two new pubs in Soho and Oxford, continuing a shopping spree this year. The pub group, which owns Chelsea’s The Phene and a host of other upmarket pubs, has snapped up the site of the popular Bateman Street Simmons cocktail bar and the Plough, one of the [...]
Young’s adds City Pub Group to growing empire in £162m deal Young's Young's will add 50 pubs and more than 200 hotel rooms, with the group also reporting demand in London now higher than pre-pandemic
Young’s reports bumper Christmas sales as shareholders wave through City Pub Group deal Young's Young and Co.'s pub chain said raked in bumper sales during the Christmas period as it sealed the acquisition of the The City Pub Group this morning.
City Pub Group: Rains, trains and financial pains don’t stop revenue gains September 21, 2023 Heavy drizzle, train strikes nor a slowing economy did not stop drinkers heading down to the watering hole this summer City Pub Group have said.
London’s Thirsty Thursdays help City Pub Group shares soar five per cent April 18, 2023 Shares in the City Pub Group rose 5.03 per cent to 83.50p after the firm delivered better than expected results and claimed it was “well-positioned to acquire other quality pubs at the right price”. The founder and chairman of City Pub Group said London had been the “key driver” to the group’s recovery as it [...]
City Pub Group: Rail strikes cost us nearly £1m in lost sales January 24, 2023 The City Pub Group reported a boost in trading over the festive period, and said sales would have been stronger if it weren't for the rail strikes.
City Pub Group evaluates menu offering as increased headwinds hammer sector June 8, 2022 The City Pub Group’s sales have surged faster than predicted, with last month’s results slightly ahead of pre-pandemic levels. The pub operator said it was trying to mitigate historic cost inflation hitting the sector, with a “particular focus on labour scheduling to maximise sales and efficiency.” “Control of energy usage and procurement remains a key [...]
City Pub Group shares swell as firm ready to ‘take advantage of opportunities’ from economic turmoil September 21, 2022 City Pub Group shares bounced up more than 10 per cent on Wednesday morning, after the pub company posted elevated sales. In interim results, the company said sales soared to £26.1m, after pubgoers returned after the easing of Covid lockdown rules. For the first half of 2021, the company had cashed in revenue of £8.9m, [...]
City Pub Group shares take off after pub chain’s Mosaic acquisition plans April 27, 2022 City Pub Group’s shares have climbed after the pub group said it was eyeing up to 70 sites by the end of next year. The premium pub operator saw shares lift 12 per cent on Wednesday afternoon after its preliminary results revealed trade had all but recovered to pre-pandemic levels. Trading for the last nine [...]
City Pub Group sells number of pubs as operator eyes post-Covid property opportunities March 22, 2022 Premium pub operator City Pub Group has announced the disposal of six pubs for around £17.1m. Five venues on the south coast – the Walrus, Brighton Beach Club and Lion and Lobster in Brighton, the Inn on the Beach on Hayling Island and The Travellers Friend in Woodford Green, Essex – have been sold to [...]