Yates Brothers
Article Abstract:
Yates Brothers Wine Lodges increased the number of new openings in 1997 to 1998 and increased its retail space by 40%. This strategy appears questionable given that United Kingdom consumer spending has been affected by interest rate rises, and growth in real disposable income is likely to drop to 2% in 1998, down from 4.25% in 1997. The company may sell real estate and lease back sites. Yates faces competition from Bass, which is also opening pubs in areas where Yates operates.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
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Publicans' first call is a double
Article Abstract:
Pubs'n'Bars is a company based in London, England, which was set up through a reversal into London Asia Pacific, previously a real estate company, in 1998. The company's stocks are traded on the Alternative Investment Market, and the number of pubs has been increased to 51 from three. The company aims to increase revenues from food sales, and is seeking late licenses to boost revenue at two sites. Pubs'n'Bars has growth potential and could also become an acquisition target.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1999
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