Revolution to shut a number of ‘unprofitable’ bars throughout England – see full listing

On Jan 5, 2024

Popular cocktail bar Revolution is about to close store in a number of areas throughout England as a result of value of residing disaster.

Revolution Group, which additionally owns Peach Pubs, Playhouse and Revolucion de Cuba, is about to shut the doorways of eight institutions as a solution to “reduce future site losses”.

The eight websites in query have been deemed “unprofitable” out of all at the moment open locations, with the likes of Liverpool and Derby set to lose out on their Revolution Group staple. The precise closure dates are but to be confirmed.

For the most recent information and updates on pubs throughout the nation, click on right here.

The bar group informed shareholders they might shut eight areas regardless of recording their greatest yr since Christmas 2019, The Mirror reported.

Despite the corporate’s greatest yr since pre-Covid, Revolution will shut eight pubs (file)
(Image: Matt Gilley/PlymouthLive)

Chief govt Rob Pitcher mentioned: “We have had the best festive trading period for four years with all of our brands recording positive like-for-like sales and Revolucion de Cuba being the standout performer.

“However, our youthful clients are nonetheless feeling the disproportionate impact of the cost-of-living disaster and the nationwide residing wage will enhance materially in April 2024. Therefore, we have now taken the troublesome but in the end useful step for the group to shut a number of bars that are unprofitable.”

The firm can also be set to offer a six-month buying and selling replace on January 24 to offer perception into the final half yr of enterprise.

Revolution staff — A six month buying and selling replace is about to be printed following the closure announcement (file)

Full listing of Revolution bars closing

Revolution – Beaconsfield
Revolution – Derby
Revolution – Reading
Revolution – St Peters Liverpool
Revolution – Wilmslow
Revolucion de Cuba – Sheffield
Revolucion de Cuba – Southampton
Playhouse – Newcastle-Under-Lyme

Chief govt Pitcher added: “Our teams do a terrific job in making guests welcome and giving them a great experience and again we have demonstrated that when our customer base can afford to do so, they are choosing to celebrate with us, and we have delivered record levels of guest satisfaction. This should bode well for the future.”

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