The Pies for Pubs scheme aims to help non-food pubs start up a “quick, easy and profitable” pie service. The pie cabinets are designed to sit on the bar top and fresh pies and pasties will be delivered from 10 depots to anywhere in England or Wales with no minimum delivery.
Peter’s has signed a trading agreement with Punch Taverns.
“Peter’s has a great product and an excellent support package with many added benefits,” said Allan Todd, catering development manager for Punch Taverns. “I see remarkable potential with so many of our businesses and am thrilled that we’ve have reached this agreement.”
In South Wales where the scheme was piloted, several pubs are selling around 300 pies a months, enabling them to add £4-5,000 to their incomings. Peter’s recommends selling the pies for £1.99 each, which would result in 40% GP. In autumn the company plans to achieve 50% GP on each product. Peter’s provides marketing support to participating pubs.
Showing posts with label Punch Taverns. Show all posts
Showing posts with label Punch Taverns. Show all posts
Saturday, June 25, 2011
Wednesday, March 09, 2011
Yorkshire Microbrewery Takes on Punch Tenancy
Leading pub company Punch Partnerships has just completed a lease agreement with a Leeds microbrewery on a free-of-tie basis for all cask ales, demonstrating their commitment to offer flexibility and choice to help entrepreneurial Partners achieve their business aspirations.
In its first pub venture, The WharfeBank Brewery, has taken on a lease with Punch at The Fleece in Otley, with a vision to restore one of Yorkshire’s oldest pubs, putting it on the map as one of the region’s finest real ale houses.
Punch Partnerships’ managing director, Roger Whiteside said: “This is a great example of how we are working with our Partners to offer them scope and flexibility to develop businesses with strong potential. Cask Ale is a huge area of focus for us and its important that our cask focused Partners can exploit all avenues to build successful businesses.
In its first pub venture, The WharfeBank Brewery, has taken on a lease with Punch at The Fleece in Otley, with a vision to restore one of Yorkshire’s oldest pubs, putting it on the map as one of the region’s finest real ale houses.
Punch Partnerships’ managing director, Roger Whiteside said: “This is a great example of how we are working with our Partners to offer them scope and flexibility to develop businesses with strong potential. Cask Ale is a huge area of focus for us and its important that our cask focused Partners can exploit all avenues to build successful businesses.
Monday, March 07, 2011
Punch Licensees to get Access to Local Beers
The Publican reports that Punch licensees are being promised greater access to local beers after a company link-up with the Society of Independent Brewers (SIBA).
Pubs that are Cask Marque accredited and already selling 50 brewer’s barrels a year will be able to order beers, brewed within a 30-mile radius, through SIBA’s Direct Delivery Scheme, Punch said.
The pubco has been trialling DDS with around 80 pubs in the North East over the last year.
Andy Slee, Punch’s buying club director, said: “The aim was to look at how local ales can further grow the sales in these pubs and the learning is clear – the best return for all is when a licensee is supplementing their existing thriving cask business with ales sourced through SIBA.”
He added: “The ‘buy one, get one free of tie’ aspect of our new lease agreement and this latest initiative with SIBA reinforce our commitment to be the best value and most trusted pub partnership business in the UK.”
Punch said it also working with licensees to organise beer festivals, with more than 100 planned for next month and a target of 650 for the year.
Pubs that are Cask Marque accredited and already selling 50 brewer’s barrels a year will be able to order beers, brewed within a 30-mile radius, through SIBA’s Direct Delivery Scheme, Punch said.
The pubco has been trialling DDS with around 80 pubs in the North East over the last year.
Andy Slee, Punch’s buying club director, said: “The aim was to look at how local ales can further grow the sales in these pubs and the learning is clear – the best return for all is when a licensee is supplementing their existing thriving cask business with ales sourced through SIBA.”
He added: “The ‘buy one, get one free of tie’ aspect of our new lease agreement and this latest initiative with SIBA reinforce our commitment to be the best value and most trusted pub partnership business in the UK.”
Punch said it also working with licensees to organise beer festivals, with more than 100 planned for next month and a target of 650 for the year.
Tuesday, November 16, 2010
Pubcos Struggle
Britain's biggest pubs group, said it would not pay a dividend in the current year and expected trading conditions to remain challenging, sending its shares down 11 percent on Tuesday.
The company stopped paying dividends in May 2009 to help reduce crippling debt of nearly £4 billion . Enterprise Inns disposed of 579 pubs during its fiscal year, raising 166 million pounds and generated proceeds of £114 million through a sale and leaseback programme. This helped it reduce net debt by £374 million to £3.3 billion.
Its estate now stands at 6,820 pubs valued at £5bn. Punch sold off 43 pubs during its year and has an estate of around 6,500. Both said that they intend to continue disposing of non-core pubs in the near-term.
Another rival, Mitchells & Butlers, announced yesterday that it has completed the sale of 330 "drinks-led" pubs to Stonegate Pub Co.
The company stopped paying dividends in May 2009 to help reduce crippling debt of nearly £4 billion . Enterprise Inns disposed of 579 pubs during its fiscal year, raising 166 million pounds and generated proceeds of £114 million through a sale and leaseback programme. This helped it reduce net debt by £374 million to £3.3 billion.
Its estate now stands at 6,820 pubs valued at £5bn. Punch sold off 43 pubs during its year and has an estate of around 6,500. Both said that they intend to continue disposing of non-core pubs in the near-term.
Another rival, Mitchells & Butlers, announced yesterday that it has completed the sale of 330 "drinks-led" pubs to Stonegate Pub Co.
Tuesday, October 12, 2010
Punch Taverns Sell Off 1300 puBs
The Guardian is reporting that Punch Taverns have plans to sell 1300 pubs following the announcement of losses of £160 million.
New Chief Executive Ian Dyson said he wanted to stabilise the business -- where pubs have been battling the ill-effects of a smoking ban, duty increases and recession -- by increasing food sales, reducing debt and pruning its ailing tenanted estate to a core of 4,700 pubs over the next two to four years.
That would be a 40 percent reduction of its leased estate since a peak of 7,500 pubs three years ago.
New Chief Executive Ian Dyson said he wanted to stabilise the business -- where pubs have been battling the ill-effects of a smoking ban, duty increases and recession -- by increasing food sales, reducing debt and pruning its ailing tenanted estate to a core of 4,700 pubs over the next two to four years.
That would be a 40 percent reduction of its leased estate since a peak of 7,500 pubs three years ago.
Thursday, July 15, 2010
The World Cup Impact on Business
An analysis by The Daily Telegraph in June showed that 33 companies had referred to the World Cup in stock exchange announcements as having 'a material effect on their business.'
Not surprisingly, eight of these companies were bookmakers, who could always expect a big sports tournament bonanza. ITV, Sports Retailers and of course Pub Companies were also expecting a profitable month. Even though the England Team didn't do a great deal for profits after their Qualifying Round exit, pubs would continue to benefit from the Tournament with PricewaterhouseCoopers reporting that a fifth of all people watch the World Cup in a pub!
Pubcos such as Punch Taverns, Greene King and Fuller's,have said in recent weeks that the good summer weather and football World Cup boosted sales. Meanwhile JD Wetherspoons which doesn't usually show sporting events at its pubs reported that the world cup had little impact on business.
The biggest winners have been the economies of The Netherlands and Spain, according to BloombergBusiness; Their national economies will have received a boost simply from being a finalist, but economists have forecast that Spain's triumph could add as much as 0.25 percentage point to annual economic growth. “Dutch consumers, traditionally conservative spenders, will become euphoric if the country wins the World Cup, boosting economic growth as they step up spending,” On the other hand, “Spain could prevent full-year economic contraction by winning,” said Schotsman, the author of an April report titled “Soccernomics 2010” that predicted a Spanish triumph this year.
Not surprisingly, eight of these companies were bookmakers, who could always expect a big sports tournament bonanza. ITV, Sports Retailers and of course Pub Companies were also expecting a profitable month. Even though the England Team didn't do a great deal for profits after their Qualifying Round exit, pubs would continue to benefit from the Tournament with PricewaterhouseCoopers reporting that a fifth of all people watch the World Cup in a pub!
Pubcos such as Punch Taverns, Greene King and Fuller's,have said in recent weeks that the good summer weather and football World Cup boosted sales. Meanwhile JD Wetherspoons which doesn't usually show sporting events at its pubs reported that the world cup had little impact on business.
The biggest winners have been the economies of The Netherlands and Spain, according to BloombergBusiness; Their national economies will have received a boost simply from being a finalist, but economists have forecast that Spain's triumph could add as much as 0.25 percentage point to annual economic growth. “Dutch consumers, traditionally conservative spenders, will become euphoric if the country wins the World Cup, boosting economic growth as they step up spending,” On the other hand, “Spain could prevent full-year economic contraction by winning,” said Schotsman, the author of an April report titled “Soccernomics 2010” that predicted a Spanish triumph this year.
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