Marston's launches new partnership agreement
Marston’s is launching a new agreement which, in time, will encompass all partner pubs.
One of the UK's biggest pub companies has introduced a new agreement for its operators.
Entitled 'Marston's Partnership', the model aims to enhance the options for those running their own on-trade businesses, aiming to reduce risk and increase support.
While the Marston's Partnership has already launched in 900 of its venues, it will encompass all current agreements, including the current Retail Agreements and Tenanted and Leased pubs.
The pubco says that it has 'seized the moment' and created a new style agreement which works across every community pub format it has.
Using shared systems, shared learning and training the new Partnership agreement has been developed by listening to applicants, partners and colleagues to fine tune the existing model, making it fit for the future where both partners share the success and the challenges experienced in recent years.
Is there any further detail?
With further details yet to be released, Marston's has confirmed that the new deal is a five-year agreement, with a three-month notice period
"What is so good about what we are doing?" says John Green, director of operations. "Well, the answer is straightforward – we do partnership (we have 900 of them), it’s in our DNA and we do pubs. It is transparent, fair and importantly futureproof. We have tested the new model over 18 months, working closely with our partners and learning. We have carefully matched people and pubs, and the results are exciting. The direction of travel has been in place for some time, and we are evolving the model and the agreement to reflect the market needs."
Marston’s PLC has 1,350 pubs across the UK, made up of managed, partnership and tenanted pubs.
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