Revolution Bars Group, owner of Peach Pubs and Revolucion de Cuba, considers closing up to 20 underperforming sites, potentially leading to job losses and £10m fundraising.
Revolution Bars Group, which owns high street chains Peach Pubs and Revolucion de Cuba, is reportedly considering closing up to 20 of its worst-performing sites. This could result in hundreds of job losses, as the company seeks to raise approximately £10m through fundraising efforts. The group, currently employing around 2,500 people, is exploring all strategic options available after facing a period of external challenges.
March 26, 2024
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