Tuesday 13th May 2025 |
Toca Social partners with Sandbox VR for Westfield opening this summer, opportunity for further partnerships and investment |
Toca Social partners with Sandbox VR for Westfield opening this summer, opportunity for further partnerships and investment: Interactive football bar concept Toca Social has partnered with virtual reality brand Sandbox VR for its Westfield ope … view |
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Tuesday 13th May 2025 |
Update: Marston’s H1 a period of “significant momentum”, immigration reforms, McDonald’s, Big Mamma |
Marston’s CEO – H1 a period of significant momentum, lfl sales up 2.9%: Justin Platt, chief executive of Marston’s, has said the company’s first half has been “a period of significant momentum” for the business, as it posted l … view |
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Tuesday 13th May 2025 |
Propel Tuesday News Briefing |
Yorkshire Mexican restaurant concept to launch first franchise sites this year as it eyes UK-wide presence before expanding globally: Yorkshire Mexican restaurant concept Mexi Bean Express is set to launch its first franchise sites this y … view |
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Monday 12th May 2025 |
Update: JKS leadership, Pizza Hut Restaurants UK owed £53.1m before rescue, M Restaurant closures |
JKS cements leadership team as it enters next phase of growth: JKS Restaurants has promoted Joanne Searley, formerly chief operating officer, to managing director of Sabor, Berenjak, Plaza Khao Gaeng and Speedboat Bar, and Laura Irving, f … view |
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Monday 12th May 2025 |
Update: London al fresco dining fund, new JKS Restaurants MD, Marston’s, hiring plans |
Mayor of London launches £300,000 fund to boost al fresco dining and late-night openings: Plans to help London’s bars and restaurants offer al fresco dining have been boosted after Sir Sadiq Khan announced a £300,000 fund to support v … view |
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Monday 12th May 2025 |
Propel Monday News Briefing |
Exclusive – David Page raises first round of funding for new venture, in discussions on debut investment: Industry veteran David Page has secured the first round of fundraising for his new sector-focused investment venture, and has begu … view |
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Friday 9th May 2025 |
Soho House returns to profit in first quarter after covid insurance payout, UK membership numbers up 50.5% in three years |
Soho House returns to profit in first quarter after covid insurance payout, UK membership numbers up 50.5% in three years: Members’ club group Soho House has reported a net profit of $8.2m in the 13 weeks to 30 March 2025 compared with … view |
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Friday 9th May 2025 |
Double exclusive: JD Wetherspoon to open first high-street franchise pub, ETM acquires key trading assets of Maven Leisure |
Exclusive – JD Wetherspoon to open first high-street franchise pub: JD Wetherspoon is to open its first high-street franchise pub. The company has agreed a deal with Thompson Holdings to launch the pub in Douglas on the Isle of Man. The … view |
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Friday 9th May 2025 |
Friday Opinion |
Subjects: Margin calls and the sector’s April (cost) shower, the battle for breakfast, waking the community Authors: Graeme Smith and Craig Rachel, Glynn Davis, Phil Mellows Margin calls and the … view |
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Friday 9th May 2025 |
Update: Punch Pubs, Papa John’s, RBI, Whitbread and Soho House |
Punch Pubs reports strong current trading and expects Ebitda to rise above £100m in its current financial year: Punch Pubs has reported strong current trading and said it expects its Ebitda to rise above £100m in its current financial year. … view |
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Friday 9th May 2025 |
Propel Friday News Briefing |
Joe & The Juice reports record year, plans to have 1,000 stores within the next four years with UK key focus: Joe & The Juice, the juice and cafe bar brand, has reported record revenue in 2024, up 17% to DKK 2.8bn (£320m), as it set out … view |
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Thursday 8th May 2025 |
Double exclusive: True acquires stake in German Doner Kebab, Rod McKie to stand down as NWTC chair |
Exclusive – True acquires stake in German Doner Kebab, eyes £1bn system sales by end of 2028: Private equity group True has made a “strategic investment” in the circa 170-strong German Doner Kebab (GDK) brand, to support its contin … view |
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Thursday 8th May 2025 |
Propel Thursday News Briefing |
Exclusive – WatchHouse to expand London footprint with acquisition of five ex-Oree sites: Specialty coffee business WatchHouse is to further expand its footprint in London after acquiring five former Orée Boulangerie sites, following t … view |
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Wednesday 7th May 2025 |
Exclusive: JD Wetherspoon chairman Tim Martin – we’ve signed a new franchise agreement ‘in a slightly different space’ |
Exclusive: JD Wetherspoon chairman Tim Martin – we’ve signed a new franchise agreement ‘in a slightly different space’: JD Wetherspoon chairman Sir Tim Martin has told Propel the company has signed a new franchise agreement “in … view |
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Wednesday 7th May 2025 |
Update: JD Wetherspoon, Tasty, Various Eateries, Black Sheep Coffee et al |
JD Wetherspoon reports third quarter 5.6% increase in like-for-like sales: JD Wetherspoon has reported that like-for-like sales increased by 5.6% in the 13 weeks to 27 April 2025, compared to the same period last year, while year-to-date like- … view |
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Wednesday 7th May 2025 |
Propel Wednesday News Briefing |
Jamie Oliver Restaurants – it feels like there’s lots of opportunity for us in the US, set to enter luxury hotel market: Ed Loftus, global restaurant group director at Jamie Oliver Restaurants, has told Propel that the business is set … view |
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Tuesday 6th May 2025 |
Update: Deliveroo agrees £2.9bn sale, XP Factory reports record revenue |
Deliveroo reaches agreement for £2.9bn sale to DoorDash, recommends shareholders vote in favour: Deliveroo has reached an agreement for a £2.9bn sale to DoorDash and has recommend its shareholders vote in favour of it. At the end of last mon … view |
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Tuesday 6th May 2025 |
Propel Tuesday News Briefing |
Itsu founder – this will be our best year ever, we always knew franchising would take time: Julian Metcalfe, founder of Itsu, the healthy Asian food brand, has told Propel the business is on track to report its best year ever, and the c … view |
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Friday 2nd May 2025 |
Friday Opinion |
Subjects: Mentoring talented women on their journey to the boardroom, has Elton got news for you, time to scale back on food in pubs, now is the time to get better at labour planning Authors: Ann Elliott, Elton Mouna, Gl … view |
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Friday 2nd May 2025 |
Update: Activist investor’s SSP play sets stage for takeover, Premier Inn owner's £1bn sale and leaseback plan |
Activist investor’s play for SSP Group sets stage for takeover: Activist investor Irenic Capital Management is building a stake in SSP Group, the UK operator of food and beverage outlets in travel locations worldwide, and plans to push … view |
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Friday 2nd May 2025 |
Propel Friday News Briefing |
McDonald’s CEO – the market share losses in the UK are to the people that we should be beating: Chris Kempczinski, chief executive of McDonald’s, has said that the market share the business has lost in the UK is to “to the people … view |
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Thursday 1st May 2025 |
Exclusive: The Light acquires All Star Lanes |
Exclusive – The Light acquires All Star Lanes: Cinema and entertainment operator The Light has acquired boutique bowling alley operator All Star Lanes, with plans to re-energise and grow the business, Propel has learned. Propel revealed in F … view |
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Thursday 1st May 2025 |
McDonald’s reports global like-for-likes down 1% in first quarter as UK sees sales fall |
McDonald’s reports global like-for-likes down 1% in first quarter as UK sees sales fall: McDonald’s has reported global like-for-likes were down 1% in its first quarter ending 31 March 2025 – with the UK seeing sales fall. Chief executiv … view |
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Thursday 1st May 2025 |
Prezzo unveils new name, brand identity and investment programme |
Prezzo unveils new name, brand identity and investment programme: Prezzo, the Cain International-backed Italian dining group led by James Brown, has unveiled a new name – Prezzo Italian – and a new brand identity. The company is also launc … view |
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Thursday 1st May 2025 |
Update: Whitbread, Wingstop UK and KFC |
Whitbread reports plans to optimise F&B offer ‘on track’ with 38 branded restaurants sold for £38m, full-year revenue down in ‘softer’ hotel market: Whitbread has reported its plan to optimise its food and beverage offer is “on … view |
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Thursday 1st May 2025 |
Propel Thursday News Briefing |
Starbucks CEO – UK business starting to gain market share and seeing positive like-for-like sales, cutting staff for automation has failed: Starbucks chief executive Brian Niccol has said the UK business has started gaining market share … view |
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Wednesday 30th April 2025 |
Update: Greene King, Young's and Starbucks |
Greene King revenue up 3.2% in year of transition: Greene King saw revenue increase 3.2% to £2.45bn in the 12 months to 29 December 2024, with all four divisions experiencing growth, in what it said was a year of transition as it shifted … view |
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Wednesday 30th April 2025 |
Propel Wednesday News Briefing |
Starbucks franchisee aiming to almost triple the size of both its UK and overseas F&B estates in the next five years: Starbucks and KFC franchisee Queensway is aiming to almost triple the size of both its UK and overseas estates in the ne … view |
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Tuesday 29th April 2025 |
Propel Tuesday News Briefing |
Britain’s managed groups’ like-for-likes fall 0.6% in March but pub sales heat up in the sunshine: Britain’s managed groups’ like-for-like sales fell 0.6% in March, the new CGA RSM Hospitality Business Tracker reveals. It complete … view |
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Tuesday 29th April 2025 |
Britain’s managed groups’ like-for-likes fall 0.6% in March but pub sales heat up in the sunshine |
Britain’s managed groups’ like-for-likes fall 0.6% in March but pub sales heat up in the sunshine: Britain’s managed groups’ like-for-like sales fell 0.6% in March, the new CGA RSM Hospitality Business Tracker reveals. It completes a s … view |
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Monday 28th April 2025 |
Yumpingo acquired by US platform Black Box Intelligence |
Yumpingo acquired by US platform Black Box Intelligence: Black Box Intelligence (BBI), the US restaurant data and operational performance solution platform, has acquired guest experience management and survey platform Yumpingo. BBI said t … view |
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Monday 28th April 2025 |
Prezzo: Q1 lfl sales up 9%, set to unveil plans and strategic vision for the future |
Prezzo – Q1 lfl sales up 9%, set to unveil plans and strategic vision for the future: Prezzo, the Cain I … view |
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Monday 28th April 2025 |
Update: Deliveroo, Whitbread, junk food, matcha growth, first date findings |
Deliveroo shares climb as CEO set for £172m payout if deal agreed: Shares in Deliveroo climbed 27.4p to 174p in initial trading this morning after the board of the delivery firm said late last week that it would be “minded to recommend … view |
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Monday 28th April 2025 |
Propel Monday News Briefing |
WatchHouse – 62% revenue growth in FY24, second US opening imminent, plans ten openings in 2026: Specialty coffee business WatchHouse has told Propel it remains focused on deepening its presence in London and New York, while laying the … view |
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Sunday 27th April 2025 |
Exclusive: Ivy Collection and 23.5 Degrees accounts |
Ivy Collection sees profit and turnover grow despite inflationary headwinds, lines up Nottingham launch as it looks to add to estate: The Ivy Collection, the Richard Caring-backed restaurant chain, saw its profit and turnover grow in the … view |
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Friday 25th April 2025 |
Deliveroo opens the door to £2.7bn takeover |
Deliveroo opens the door to £2.7bn takeover: Deliveroo has indicated it is open to a £2.7bn takeover by US rival Doordash. The food delivery firm said today (Friday, 25 April), after markets closed, that it had received a proposal from … view |
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Friday 25th April 2025 |
Friday Opinion |
Subjects: Limited loyalty, taking comfort from proven favourites, the future of hospitality lies in stadium hotels, beer in a state of independence Authors: Katy Moses, Glynn Davis, Adela Cristea, Phil Mellows < … view |
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Friday 25th April 2025 |
Propel to launch ‘deep-dive’ parallel sessions at Excellence in Pub & Bar Retailing Conference |
Propel to launch ‘deep-dive’ parallel sessions at Excellence in Pub & Bar Retailing Conference: Propel is launching “parallel sessions” at this year’s Excellence in Pub & Bar Retailing Conference, which offer the chance to deep- … view |
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Friday 25th April 2025 |
Propel Friday News Briefing |
Chocoberry aiming for 100 locations as its targets Turkey for next overseas market: Dessert brand Chocoberry has said it is aiming to grow to 100 locations, as its targets Turkey for its next overseas market. Founded in Leicester in 2018 … view |
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Thursday 24th April 2025 |
Update: Domino’s, Chipotle, Activate and YouMeSushi |
Domino’s reports positive sales growth in first quarter with delivery up but collection down, most of targeted 50 new stores for 2025 to open in second half: Domino’s has reported positive sales growth in the first quarter of 2025, wi … view |
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Thursday 24th April 2025 |
Propel Thursday News Briefing |
Hospitality market stability under threat from new costs with 20 net closures per week in first quarter of 2025: Britain’s pub, restaurant and hotel market has achieved marginal growth in outlets over the last 12 months, the new Hospita … view |
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Thursday 24th April 2025 |
Hospitality market stability under threat from new costs with 20 net closures per week in first quarter of 2025 |
Hospitality market stability under threat from new costs with 20 net closures per week in first quarter of 2025: Britain’s pub, restaurant and hotel market has achieved marginal growth in outlets over the last 12 m … view |
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Wednesday 23rd April 2025 |
More than 100 supplier companies now subscribing to Propel Premium unlimited |
More than 100 supplier companies now subscribing to Propel Premium unlimited: More than 100 sector supplier companies are now subscribed to Propel’s Premium unlimited service, which provides a unique range of information services and insight … view |
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Wednesday 23rd April 2025 |
Update: Hollywood Bowl, Meatailer et al |
Hollywood Bowl reports record group first half revenue and strong customer demand, ‘well positioned to mitigate higher employment costs’: Hollywood Bowl has reported record group first half revenue alongside strong customer demand and said … view |
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Wednesday 23rd April 2025 |
Propel Wednesday News Briefing |
Exclusive – Federal Cafe appoints advisors as it targets growing a national presence: Manchester cafe concept Federal Cafe, which offers Australian and New Zealand-inspired brunch dishes, has appointed advisors as it looks to secure new … view |
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Tuesday 22nd April 2025 |
More than 500 companies now subscribing to Propel Premium |
More than 500 companies now subscribing to Propel Premium: More than 500 sector companies are now subscribed to Propel’s Premium service, which provides a unique range of information services and insight. Around 25% of these subscribers are … view |
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Tuesday 22nd April 2025 |
Exclusive: Tossed signs first franchise partner, sets sights on 50-store nationwide rollout |
Exclusive – Tossed signs first franchise partner, sets sights on 50-store nationwide rollout: Healthy eating brand Tossed, which operates 13 stores in London, has signed its first franchise partner as it looks to become the “UK’s leading … view |
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Tuesday 22nd April 2025 |
Propel Tuesday News Briefing |
Greene King to invest £10m into Hickory’s this year, plans to triple size of chain by 2030: Brewer and retailer Greene King has said it plans to invest £10m into its American-style smokehouse and barbecue brand Hickory’s this year, … view |
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Saturday 19th April 2025 |
F1 world drivers’ champion Fernando Alonso invests in Sticks’n’Sushi |
F1 world drivers’ champion Fernando Alonso invests in Sticks’n’Sushi: Fernando Alonso, the two-time F1 world drivers’ champion, has acquired a stake in the Danish-Japanese premium restaurant group Sticks‘n’Sushi. Alonso has co-inve … view |
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Thursday 17th April 2025 |
Deliveroo reports 7% revenue growth in UK and Ireland in first quarter as orders accelerate |
Deliveroo reports 7% revenue growth in UK and Ireland in first quarter as orders accelerate: Deliveroo has reported revenue in the UK and Ireland increased 7% to £327m in first quarter of 2025. The company said gross transactional value (GTV) … view |
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Thursday 17th April 2025 |
Propel Thursday News Briefing |
Exclusive – Loungers CEO invests in Bosco Pizzeria: Nick Collins, chief executive of café bar operator Loungers, has invested in pizza concept Bosco Pizzeria, Propel has learned. Propel understands that Collins, who has been chief exec … view |
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Wednesday 16th April 2025 |
Private equity firm True in talks to take stake in German Doner Kebab |
Private equity firm True in talks to take stake in German Doner Kebab: Private equity group True is in advanced talks to acquire a majority stake in the circa 180-strong German Doner Kebab (GDK) brand, to aid its next stage of growth both in t … view |
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Wednesday 16th April 2025 |
Update: Stonegate well-positioned to ‘maintain trajectory of profitable growth’, ‘banter ban’, Majestic, M&B |
Stonegate well-positioned to ‘maintain trajectory of profitable growth’: Stonegate Group, the UK’s largest pub company, has said it is “well positioned to maintain our trajectory of profitable growth”. It comes as the group rep … view |
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Wednesday 16th April 2025 |
Propel Wednesday News Briefing |
Giggling Squid co-founder – new labour costs mean focus on larger sites and a possible rethink on how big we can grow, casual dining sector will be a very different place in a decade: Andy Laurillard, co-founder of Giggling Squid, the T … view |
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Tuesday 15th April 2025 |
Double exclusive: Big Mamma Group and Tim Hortons UK results |
Exclusive – Big Mamma Group to open four new UK sites this year as turnover nears record £45m: Big Mamma Group, which is backed by McWin, has said it plans to open four new UK sites in 2025 as it reported turnover increased to a record … view |
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Tuesday 15th April 2025 |
Update: Jonathon Swaine to step down from Shepherd Neame, Everyman FY, Carlsberg, Big Mamma |
Jonathon Swaine to step down as Shepherd Neame MD, Pubs: Kent brewer and retailer Shepherd Neame has announced that Jonathon Swaine is to step down as managing director, Pubs, on 17 April 2025. Swaine, formerly of Rank Group and Fuller� … view |
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Tuesday 15th April 2025 |
Propel Tuesday News Briefing |
Caprinos looking to make motorway services and airport debuts and seeking to grow company-owned estate: Fast-growing pizza franchise Caprinos has told Propel it is looking for its first motorway services and airport locations this year an … view |
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