Thursday 30th June 2016 |
Marco Pierre White launches 'ultra-casual' pizza concept |
Marco Pierre White launches 'ultra-casual' pizza concept: Marco Pierre White has launched the first site for his new “ultra-casual” dining concept. Called Bardolino Pizzeria, Bellini and Espresso Bar, the first new restaurant has now opene … view |
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Thursday 30th June 2016 |
Propel Thursday News Briefing |
Rooney Anand – ‘Spirit acquisition has provided a catalyst to capitalise on both our geographical and competitive advantage’: Greene King chief executive Rooney Anand has said its acquisition of Spirit has provided a catalyst for th … view |
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Wednesday 29th June 2016 |
Scottish entrepreneur acquires kebab concept franchise rights |
Scottish entrepreneur acquires kebab concept franchise rights: Scottish entrepreneur Athif Sarwar has acquired the master franchise rights in the UK and Ireland for the The German Doner Kebab (GDK) concept. The Sarwar family operates one of Sc … view |
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Wednesday 29th June 2016 |
Carlsberg UK proposes to outsource secondary logistics to DHL Tradeteam |
Carlsberg UK proposes to outsource secondary logistics to DHL Tradeteam: Carlsberg UK will no longer provide porterage services itself and is proposing to transfer its remaining secondary logistics operations to third-party drinks specialist D … view |
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Wednesday 29th June 2016 |
Greene King reports “transformational year” |
Greene King reports “transformational year”: Greene King has reported sales up 57.6% to £2,073bn in the year to 1 May 2016 – the transformational year since it acquired Spirit Pub Company. Adjusted profit before tax rose 52.2% to … view |
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Wednesday 29th June 2016 |
Propel Wednesday News Briefing |
Australian franchisee of Jamie’s Italian goes into receivership: Keystone Hospitality Group, the company that is the franchisee for six Jamie’s Italian restaurants in Australia and a cluster of other bars and restaurants in New South … view |
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Tuesday 28th June 2016 |
Revolution Bars Group ends £16m acquisition talks in light of Brexit |
Revolution Bars Group ends £16m acquisition talks in light of Brexit: Revolution Bars Group, which operates 62 sites across the UK, under the Revolution and Revolución de Cuba brands, has announced it has terminated talks over a propose … view |
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Tuesday 28th June 2016 |
Update: Shepherd Neame acquisition, effects of an “unruly Brexit” |
Shepherd Neame completes purchase of seven Enterprise sites: Shepherd Neame, the Kent-based brewer, pub and hotel operator, has completed the acquisition of seven Enterprise Inns pubs in Kent, Sussex and Surrey. The purchase of the eighth … view |
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Tuesday 28th June 2016 |
Propel Tuesday News Briefing |
Savills – smaller casual dining brands have grown by 39% over three years: Casual dining brands in the UK with fewer than 25 sites have grown by 39% during the past three years, opening a combined 489 new outlets across the UK, accordin … view |
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Monday 27th June 2016 |
Mitchells of Lancaster sells 11 sites to new hospitality company Provincial Hotels and Inns |
Mitchells of Lancaster sells 11 sites to new hospitality company Provincial Hotels and Inns: Brewer Mitchells of Lancaster has sold 11 sites to a new hospitality company Provincial Hotels and Inns, which has been launched by hospitality manage … view |
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Monday 27th June 2016 |
Tim Martin – here’s how I see it post-Brexit |
Tim Martin – here’s how I see it post-Brexit: Wetherspoon founder Tim Martin has set out his views in the wake of Thursday’s vote to leave Europe. In an opinion piece, he said: “The western world is aghast … view |
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Monday 27th June 2016 |
Propel Monday News Briefing |
Pubs see 7% uplift during second week of Euro 2016 driven by England versus Wales match, sports venues up 16%: Pubs saw a 7% uplift in the second week of Euro 2016 driven by the England versus Wales match on the Thursday, which showed a y … view |
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Friday 24th June 2016 |
Horizons' foodservice Brexit warning, Revolution eyes four Edinburgh bars for new brand in £16m deal |
Horizons – foodservice sector will be ‘less buoyant than it otherwise would have been’ following Brexit: Peter Backman, managing director of foodservice consultancy Horizons, has said the foodservice sector will be “less buoyant t … view |
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Friday 24th June 2016 |
Red Hot World Buffet owner to appoint administrators |
Red Hot World Buffet owner to appoint administrators: The company behind Red Hot World Buffet has revealed it intends to appoint administrators. Passepartout, which owns five branches of Red Hot World Buffet, has applied to the High Court … view |
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Friday 24th June 2016 |
Propel Friday News Briefing |
More than half of Scottish licensed trade outlets report decline in beer sales: More than half of Scottish licensed trade outlets reported a decline in beer sales in the first half of the year as government legislation, including the lowe … view |
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Thursday 23rd June 2016 |
Gerry Ford – we will grow the Harris + Hoole brand |
Gerry Ford – we will grow the Harris + Hoole brand: Caffe Nero founder Gerry Ford has stated the company will retain and grow the Harris + Hoole brand in the wake of this morning’s acquisition of the business from Tesco. Harris & Hoole has … view |
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Thursday 23rd June 2016 |
Tesco sells Harris + Hoole to Caffe Nero |
Tesco sells Harris + Hoole to Caffe Nero: Tesco has sold its coffee shop brand Harris + Hoole to Caffe Nero for an undisclosed price. The move comes two weeks after Giraffe was sold to Boparan Restaurant Holdings. Tesco took full ownershi … view |
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Thursday 23rd June 2016 |
Propel Thursday News Briefing |
Casual Dining Group signs franchise deal to open Bella Italia restaurants in Saudi Arabia, paves way for push into Middle East and Asia: Casual Dining Group has signed a franchise deal to open restaurants for its core Bella Italia brand i … view |
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Thursday 23rd June 2016 |
Casual Dining Group signs Saudi Arabia franchise deal, Boparan to invest £10m to add ten Cinnamon sites |
Casual Dining Group signs franchise deal to open Bella Italia restaurants in Saudi Arabia, paves way for push into Middle East and Asia: Casual Dining Group has signed a franchise deal to open restaurants for its core Bella Italia brand i … view |
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Wednesday 22nd June 2016 |
Franco Manca to debut at Debenhams |
Debenhams reveals new Franco Manca partnership, plans further 30 food concession offers by October: Debenhams has revealed a new partnership with pizza brand Franco Manca as it aims to open a further 30 food concession offers by October. … view |
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Wednesday 22nd June 2016 |
Propel Wednesday News Briefing |
Greene King Tracker – more Britons planning a ‘staycation’ in 2016, drinking out increases: More Britons are expected to take a “staycation” in 2016, with the majority planning to dine and drink out during their trip, according … view |
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Wednesday 22nd June 2016 |
Greene King Tracker – more Britons planning a ‘staycation’ in 2016, drinking out increases |
Greene King Tracker – more Britons planning a ‘staycation’ in 2016, drinking out increases: More Britons are expected to take a “staycation” in 2016, with the majority planning to dine and drink out during their trip, according to th … view |
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Tuesday 21st June 2016 |
Update: Comptoir floats, Whitbread trading update, Just Eat |
Comptoir Group admitted to AIM today: Restaurant company Comptoir Group will begin trading on AIM today (Tuesday, 21 June). Comptoir owns and/or operates Lebanese and eastern Mediterranean restaurants. The core restaurant brand of the com … view |
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Tuesday 21st June 2016 |
Propel Tuesday News Briefing |
BrewDog co-founder partnering Dragon’s Den contestant to launch Texas-style barbecue restaurant in London next month: BrewDog co-founder James Watt is partnering with a Dragon’s Den contestant to open a Texas-style barbecue restaurant … view |
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Monday 20th June 2016 |
Revealed – SABMiller paid circa £120m to buy Meantime |
Revealed – SABMiller paid circa £120m to buy Meantime: The SABMiller annual report has revealed the extraordinary multiple the brewer paid for Greenwich craft brewer Meantime in May last year. The annual report states SABMiller paid $1 … view |
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Monday 20th June 2016 |
… view |
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Monday 20th June 2016 |
Wetherspoon prints fresh round of beer mats with message for George Osborne |
Wetherspoon prints fresh round of beer mats with message for George Osborne: JD Wetherspoon has printed a new beer mat for its pubs with a message for George Osborne in the run up to the EU referendum. JD Wetherspoon has printed 500,000 of the … view |
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Monday 20th June 2016 |
Propel Monday News Briefing |
Beer sales soar 108% at sports pubs for England versus Wales match: Beer sales at sports pubs saw an 108% uplift on Thursday (16 June) as England and Wales battled it out at Euro 2016, according to beer quality expert Vianet. The company … view |
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Friday 17th June 2016 |
Update: Wasabi results, M&B, Greene King, Deltic, JD Wetherspoon, Porky's |
Wasabi reports turnover increases 14.3% to £72.7m, opening new central production unit this year: London-based sushi and bento business Wasabi has reported a 14.3% increase in turnover to more than £70m “driven by strong like-for-like … view |
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Friday 17th June 2016 |
Friday Opinion |
Subjects: Brexit special – last orders please on EU membership, should we stay or should we go, the case for remain, and let’s not be afraid Authors: Tim Martin, Keith Knowles, Paul Chase, and Paul Charity |
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Friday 17th June 2016 |
Survey of 1,900 sector executives finds majority in favour of Brexit, fears of ‘negative impact on the economy’ |
Survey of 1,900 sector executives finds majority in favour of Brexit, fears of ‘negative impact on the economy’: A survey of operators in the UK hospitality industry has found that 49% plan to vote leave in next week’s EU Referendum, whi … view |
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Friday 17th June 2016 |
Propel Friday News Briefing |
UK nightclub company boss to launch joint venture with chef Ferran Adria and Cirque du Soleil in Ibiza tonight: The boss of a UK nightclub operator, Tokyo Industries is to launch a joint venture with Cirque Du Soleil and super chef Ferran … view |
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Thursday 16th June 2016 |
Propel Thursday News Briefing |
Overall pub and restaurant market like-for-likes down 1.4% on May 2015; London sales hold up better than rest of Britain: Britain’s pub and restaurant groups saw like-for-like sales slip in May, with collective like-for-like trading dow … view |
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Thursday 16th June 2016 |
Overall pub and restaurant market like-for-likes down 1.4% on May 2015 |
Overall pub and restaurant market like-for-likes down 1.4% on May 2015; London sales hold up better than rest of Britain: Britain’s pub and restaurant groups saw like-for-like sales slip in May, with collective like-for-like trading dow … view |
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Wednesday 15th June 2016 |
Pret boss reveals veggie pop-up site sees sales jump more than 70% |
Pret boss reveals veggie pop-up site sees sales jump more than 70%: Pret chief executive Clive Schlee has revealed sales at its site in Broadwick Street, Soho, have jumped more than 70% from last year with the introduction of its vegetari … view |
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Wednesday 15th June 2016 |
Downing launches £3.74m secured crowdfunding bonds on Oakman pubs |
Downing launches £3.74m secured crowdfunding bonds on Oakman pubs: Downing has launched a £3.74m crowdfunding bond that offers investors the chance to invest in Downoak, a group of four mature pubs operated by Oakman Pubs and Restaurants, of … view |
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Wednesday 15th June 2016 |
McMullen reports profit passes £10m |
McMullen reports profit passes £10m: Hertfordshire brewer and retailer McMullen has reported profit before tax rose 12.5% to £10.4m in the 52 weeks to 26 September, 2015. Turnover was up 4.03% to £75.4m. Chairman Charles Brims said: … view |
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Wednesday 15th June 2016 |
Update: Hollywod Bowl flotation, The Restaurant Group, Bill's |
Hollywood Bowl to float: Hollywood Bowl Group, the UK’s largest ten-pin bowling operator, is to launch an initial public offering (IPO) – it is expected to float in July. Having completed the acquisition of 11 Bowlplex centres in Dece … view |
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Wednesday 15th June 2016 |
Propel Wednesday News Briefing |
Fitch – outlook for UK pub sector remains negative: Ratings agency Fitch has said the outlook for the UK pub sector remains negative and there are new drivers of ongoing structural decline. The company also added there has been a slight … view |
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Tuesday 14th June 2016 |
Propel Tuesday News Briefing |
Pubs, bars and restaurants in Scotland facing restrictions on how much alcohol they sell under new proposal, former government advisor says idea is ‘junk science’: Pubs, bars and restaurants in Scotland would be forced to restrict how … view |
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Monday 13th June 2016 |
Intertain signs licence agreement with Chicago Rib Shack |
Intertain signs licence agreement with Chicago Rib Shack: Walkabout operator Intertain has entered into a licence agreement with authentic American barbecue restaurant Chicago Rib Shack to open a restaurant at its Camden Lock venue. The v … view |
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Monday 13th June 2016 |
Propel Monday News Briefing |
Luke Johnson – ‘there are plentiful signs the party is over’: Sector investor Luke Johnson has argued there are “plentiful signs that the party is over” as asset bubbles burst. In his Management Today column, he wrote: “There … view |
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Friday 10th June 2016 |
Friday Opinion |
Subjects: The solution to the tip distribution dilemma, let’s stay in Europe, the brilliance of New Orleans, and the profit opportunity of Euro 2016 Authors: Chris Gerard, Peter Linacre, Ann Elliott, and Liam Newtonview |
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Friday 10th June 2016 |
Update: Fuller’s, Giraffe and JD Wetherspoon |
Fuller’s reports adjusted profit up 12% to £40.9m: London brewer and retailer Fuller’s has reported turnover rose 9% to £350.5m in the year to 26 March. Adjusted profit before tax was up 12% to £40.9m, with 4.8% like-for-like sales … view |
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Friday 10th June 2016 |
Propel Friday News Briefing |
Subway launches Subway Digital to boost customer engagement: Subway has launched Subway Digital, a new division that will seek a “multi-faceted, multi-year guest experience revolution for the quick-service leader”. Created in collabor … view |
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Thursday 9th June 2016 |
Time Out raises £90m ahead of AIM listing to help expand food market concept |
Time Out raises £90m ahead of AIM listing to help expand food market concept: Time Out Group, the brand that aims to “inspire and enable people to make the best of their city”, has conditionally raised £90m ahead of an AIM listing as it … view |
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Thursday 9th June 2016 |
Graphite acquires NWTC in £50m deal |
Graphite acquires NWTC in £50m deal: Mid-market private equity firm, Graphite Capital, has acquired the fast-growing pub and restaurant business, New World Trading Company (NWTC), in a £50 million transaction. Founded by the owners of L … view |
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Thursday 9th June 2016 |
Propel Thursday News Briefing |
Ceru Restaurants secures first permanent site, £1m of EIS funds remaining to roll-out to further venues in London: The EIS-backed Eastern Mediterranean casual dining concept Ceru Restaurants has secured its first permanent site. The comp … view |
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Wednesday 8th June 2016 |
Update: Domino's, Giraffe, CocoMaya, Koh Thai Tapas and Clockjack |
Domino’s Pizza UK invests £24m to increase stake in three markets: Domino’s Pizza UK has made an investment of £24 million to acquire significant minority interests in Domino’s Iceland, Norway and Sweden and retain existing strong … view |
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Wednesday 8th June 2016 |
Propel Wednesday News Briefing |
Mintel – UK foodservice market rises 3.5% to £36bn as gourmet dining and sparkling wine sectors flourish: The UK foodservice market rose nearly 3.5% to an estimated £36bn in 2015 as the gourmet dining and sparkling wine sectors flouri … view |
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Tuesday 7th June 2016 |
Mintel – UK foodservice market rises 3.5% to £36bn as gourmet dining and sparkling wine sectors flourish |
Mintel – UK foodservice market rises 3.5% to £36bn as gourmet dining and sparkling wine sectors flourish: The UK foodservice market rose nearly 3.5% to an estimated £36bn in 2015 as the gourmet dining and sparkling wine sectors flourish, a … view |
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Tuesday 7th June 2016 |
Rob and Lucy Brewer win BII Licensee of the Year |
Rob and Lucy Brewer win BII Licensee of the Year: Rob and Lucy Brewer from the Rashleigh Arms in the village of Charlestown, Cornwall, have won the 2016 British Institute of Innkeeping (BII) Licensee of the Year. The accolade recognises the co … view |
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Tuesday 7th June 2016 |
Daniel Thwaites – 2016 will be year of ‘consolidation and investment’ to lay foundations for growth, operating profit increases 19.8% |
Daniel Thwaites – 2016 will be year of ‘consolidation and investment’ to lay foundations for growth, operating profit increases 19.8%: North west brewer and retailer Daniel Thwaites has said 2016 will be a year of “consolidation a … view |
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Tuesday 7th June 2016 |
Propel Tuesday News Briefing |
Healthy food delivery service start-up Pronto hits £689,000 crowdfunding target as part of central London expansion plans: Healthy food delivery service start-up Pronto has hit its £689,000 fund-raising target on crowdfunding platform S … view |
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Monday 6th June 2016 |
Propel Monday News Briefing |
Hospitality sector now in top three of industries most frequently targeted for cyber attacks: Cyber security is a real risk for restaurants and hotels, with the hospitality sector now in the top three of industries most frequently targete … view |
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Friday 3rd June 2016 |
Friday Opinion |
Subjects: ‘Family issues’ in the mid-casual dining market, simple solutions for complex problems, and justifying the price of super-premium beer Authors: Ian Dunstall, Paul Chase, and Glynn Davis |
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Friday 3rd June 2016 |
Propel Friday News Briefing |
Foodservice ‘growing up’ when it comes to sustainability but ‘still long way to go’, new report reveals: Foodservice is “growing up” when it comes to sustainability but there is “still a long way to go”, a new report has r … view |
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Thursday 2nd June 2016 |
Propel Thursday News Briefing |
Downing backs ambitious Norbury pub and restaurant development scheme in ‘under-served’ part of London: Investment firm Downing has backed an ambitious development that will see a pub and four restaurant units built in Norbury, s … view |
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Wednesday 1st June 2016 |
Propel Wednesday News Briefing |
West Midlands-based health food cafe concept Frais launches £200,000 crowdfunding campaign: West Midlands-based health food cafe concept Frais has launched a £200,000 fund-raise on crowdfunding platform Crowdcube as it looks to expand t … view |
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