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Full List of Revolution Bars Closing Revealed as Almost 600 Redundancies Announced
The Revel Collective closed 21 UK venues due to rising costs and weaker spending, resulting in 591 job losses while 41 other sites and 1,582 jobs were saved by sales.
- On Tuesday , The Revel Collective closed 21 venues across the UK, producing 591 job losses as administrators unveiled the move.
- The Revel Collective had struggled with rising costs and weaker consumer spending, especially among younger customers, after launching a strategic review last autumn and putting itself up for sale in October amid a cash crisis.
- Administrators said the excluded locations include 14 Revolution bars, six Revolucion de Cuba sites and one Peach Pub, with closures hitting Revolution Glasgow and Revolucion de Cuba Aberdeen among 21 listed UK locations.
- The partial sale preserved 41 sites and 1,582 jobs, with Neos Hospitality Group buying Revolution and Revolucion de Cuba brands and Coral Pub Company acquiring Peach Pubs.
- Amid sector-wide strain, the closures came just hours after the Treasury announced 15% business rates relief from April and appointed insolvency practitioners Kroll on Monday.
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17 Articles
The Herald Scotland+7 Reposted by 7 other sources
Full list of 21 Revolution bars that have closed across the UK - is one near you?
Revolution owners The Revel Collective have closed 21 bars across the UK, resulting in the loss of 591 jobs - see the full list.
·Scotland, United Kingdom
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Coverage Details
Total News Sources17
Leaning Left3Leaning Right2Center9Last UpdatedBias Distribution64% Center
Bias Distribution
- 64% of the sources are Center
64% Center
L 22%
C 64%
14%
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