Chipotle UK reports sales and profits ‘adversely impacted’ by food-borne illness incidents associated with US restaurants: Chipotle UK has reported sales and profits at its six-strong operation have been “adversely impacted” by th … view

 

Brighton Pier Group reports turnover passes £30m, creates new chief executive role as it plans further acquisitions: Brighton Pier Group, which has sector investor Luke Johnson as chairman, has reported revenue increased 39% to £31.3m f … view

Trip to the pub becoming ‘unaffordable luxury’, CAMRA warns chancellor: The traditional trip to the pub is becoming an “unaffordable luxury” as only 15% of British beer drinkers think the price of a pint is “very” or “fairly … view

Trip to the pub becoming ‘unaffordable luxury’, CAMRA warns chancellor: The traditional trip to the pub is becoming an “unaffordable luxury” as only 15% of British beer drinkers think the price of a pint is “very” or “fairly … view

Soho Coffee Co focuses expansion on London as it looks to cement position on high street, targets ten new sites next year: Soho Coffee Co managing director Penny Manuel has told Propel the company’s expansion focus is firmly on London a … view

Real ale drinkers spend more than £1,000 a year in pubs, cask most resilient area of beer sector: Real ale drinkers spend more than £1,000 a year in pubs – 30% more than other drinkers, according to the Cask Report 2017. Their £1,030 … view

Analyst – private companies now at an increased risk of failure: City analyst Tim Barrett has argued that current weak like-for-like sales increases in the sector do not allow margins to be protected, meaning an increased risk of failur … view

Real ale drinkers spend more than £1,000 a year in pubs, cask most resilient area of beer sector: Real ale drinkers spend more than £1,000 a year in pubs – 30% more than other drinkers, according to the Cask Report 2017. Their £1,030 … view

Time Out Group sets out Time Out Market expansion plan: Time Out is to appeal the refusal of a food market licence in Spitalfields whilst looking for another site in London. The company stated: “The performance of the market in Lisbon h … view

Young adults driving breakfast and brunch trend but pubs missing out: Young adults and the rise of social occasions are key drivers in boosting breakfast and brunch sales for operators but pubs are missing out, according to The Future Of … view

Simon Cope confirmed as Byron chief executive: Simon Cope has been confirmed as chief executive of better burger brand Byron. He joined Byron as managing director in July from Wagamama, another Hutton Collins Partners portfolio company. T … view

Authentic Alehouses raises £3m plus: Leeds based Authentic Alehouses has raised over £3 million through Crowdstacker. The company launched its funding bid to revive the fortunes of currently under-performing pubs by attracting a new gen … view

Inbound visitor numbers increase 6% in July but show slowdown in growth: Total visitor numbers to the UK increased 6% year-on-year for the month of July but inbound tourism has seen a slowdown in growth from the 13% rise in the first four … view

Leon reports turnover growth, like-for-likes up 7.6%: Leon has reported total sales of £58.4m in its 2016 full year, up £21.5m on the year before with like-for-like sales up 7.6%. It added eight company-owned sites to make the total 34 … view

Pod reports like-for-likes down 1.6%, delivery sales grow 45%: Healthy fast food chain Pod has reported like-for-like sales fell 1.6% for the year ending 25 December 2016. The company saw turnover decrease slightly to £17,041,451 compare … view

Deliveroo reports revenue rises 611% to £129m but losses stack up: Deliveroo has reported revenue increased 611% to £128,564,142 for the year ending 31 December 2016, compared with £18m the prior year, as it expanded around the world. … view

BrewDog eyes Equity for Punks Five to bridge £90m funding gap: BrewDog is eyeing Equity for Punks Five (EFP V), a fifth round of crowdfunding, to fill a £90m funding gap as it aims to become a company worth £5bn, Propel has learned. A … view

M&B – the market has turned more challenging in recent weeks: Mitchells & Butlers has reported the market has turned ‘more challenging’ in recent weeks. In a trading statement covering the 51 weeks ended 16 September, the company sa … view

Small casual dining brands expanding six times faster than bigger names: Small casual dining brands are expanding six times faster than bigger names in the sector, the latest Market Growth Monitor from AlixPartners and CGA Peach has revea … view

Small casual dining brands expanding six times faster than bigger names: Small casual dining brands are expanding six times faster than bigger names in the sector, the latest Market Growth Monitor from AlixPartners and CGA Peach has revea … view

Shepherd Neame reports profit progress as investment and premiumisation strategy pays off: Shepherd Neame, Britain’s oldest brewer and owner and operator of a 327 pub estate, has reported turnover increased by 11.7% to £156.2m (2016: � … view

Hospitality smart checklist app Trail to join UK Oracle Startup Cloud Accelerator programme: Trail, a smart checklist tool that helps hospitality operators streamline their daily processes, has been selected to join the inaugural UK Oracl … view

Hospitality smart checklist app Trail to join UK Oracle Startup Cloud Accelerator programme: Trail, a smart checklist tool that helps hospitality operators streamline their daily processes, has been selected to join the inaugural UK Oracl … view

Nearly nine out of ten food outlets ‘broadly compliant’ with food safety law: Nearly nine out of ten food outlets in the UK are “broadly compliant” with food safety law, new data from the Food Standards Agency (FSA) has shown. The … view

Byron hires KPMG to work through cash management plan: Better burger brand Byron has hired advisers to work through a “cash management” plan that could include shutting underperforming branches, according to the Sunday Times. The chai … view

Pub debt to be hit by spending slowdown warns Moody’s: Bundles of pubs’ debt will suffer over the next 12 to18 months as earnings are hit by a decline in demand for beer, a weak pound, and rises in the National Living Wage and inflati … view

Current trading: Like-for-like sales for the six weeks to 10 September were up 6.1%, although Martin said that since the end o … view

Wetherspoon reports like-for-likes risen to 6.1% in recent weeks, reports 127 pubs disposed of in last two years: JD Wetherspoon like-for-like have risen to 6.1% in the few weeks after its year-end on 30 July. The company reported sales r … view

Sector sales growth slows in August with like-for-likes up only 0.2%, London sees 1.6% decline: Britain’s managed pubs and restaurants saw sales growth slow in August with collective like-for-likes up only 0.2% compared with last year, … view

Aaron Mellor to open Los Angeles nightclub in early 2018: Entrepreneur Aaron Mellor, who runs the largest private estate of bars and nightclubs in the UK, a portfolio of 36 sites, is to open a 1,600-capacity nightclub in Los Angeles in th … view

CAMRA calls for greater support for British pubs as 28,000 close since the 1970s, ‘Big Beer’ biggest threat to consumer choice: The Campaign for Real Ale (CAMRA) has called for greater support for British pubs after revealing the nati … view

Soho Coffee Co parent company reports £3m losses following acquisitions: BTC Hospitality, which operates Soho Coffee Co, has reported losses of more than £3m for the year ending 29 January 2017 following its acquisitions of Apostrophe R … view

Tasty reports slowdown amid increased promotional activity: Wildwood operator Tasty has reported it is taking decisive action after a slowdown in consumer spending that has affected company sales and margins. Revenue was up 11.8% to £24. … view

South west London-based By The Horns Brewing Co launches £350,000 crowdfunding campaign to expand capacity: South west London-based By The Horns Brewing Co has launched a £350,000 fund-raise on crowdfunding platform Crowdcube to expand … view

Upham Group reports like-for-likes up 4.1%: Upham Group, which operates a portfolio of 16 venues, has reported like-for-like sales grew 4.1% across the estate for the six months ending 2 July 2017. Sales increased 24.8% to £7.1m compared … view

Spend in UK hotels, restaurants and bars rises 3.5%: Spending in UK hotels, restaurants and bars bucked the overall trend by rising 3.5% in August compared with the same month a year ago, according to the latest data from Visa. The compan … view

Record number of restaurants to open in London this month: Brexit worries, terrorist attacks and an economic slowdown have failed to halt London’s indomitable restaurant scene, with a record 44 new businesses set to launch in September … view

Greene King reports like-for-like sales down 1.2% in first 18 weeks: Greene King has reported like-for-like sales down 1.2% in the 18 weeks to 3 September with most of the decline attributable to the value food market. The company stated … view

UK’s first online halal takeaway service hits £100,000 target in crowdfunding campaign: HalalEat, a startup bidding to bring halal takeaway food to UK consumers, has hit the £100,000 target in its fund-raise on crowdfunding platform S … view

Yum China Holdings introduces first commercial application of facial recognition payment: Yum China Holdings, the licensee of KFC parent Yum! Brands in mainland China, has launched restaurant concept KPro by KFC in Hangzhou aimed at urban … view

Fulham Shore reports summer slowdown – to seek keener terms on new sites: Franco Manca operator Fulham Shore is to seek keener terms from landlords on new sites as other operator face “well-publicised pressures” – it also reported … view

CGA – Britons drinking less but favouring premium drinks from branded pubs and upmarket bars: British drinkers are increasingly favouring premium drinks from branded pubs and upmarket bars, according to the latest CGA Alcohol Sales Trac … view

Marston’s managed boss steps down: Marston’s has announced, by mutual agreement with the board, Peter Dalzell will step down from his role as managing director of Inns and Taverns, and from the board, on Friday, 29 September. The comp … view

Novus hires Michelle Farrell as head of marketing: Novus, the leading London bar and restaurant operator, has announced the appointment of Michelle Farrell to the role of head of marketing, together with the promotion of Victoria Purchase … view

Admiral Taverns eyes growth with 1,500 to 2,000-strong estate: Admiral Taverns is eyeing expansion from its existing 845-strong estate back to an “optimal size” of 1,500 to 2,000 pubs after securing new investment from private equity … view

Brewer C&C Group buys minority stake in Admiral Taverns: Brewer C&C Group has announced that, in partnership with Proprium Capital Partners, it has agreed to acquire the entire issued share capital of Admiral in a deal worth circa £220m … view

Food and beverage property market starting to cool off and showing signs of saturation, reports Colliers International: The food and beverage property market is starting to cool off and is showing signs of saturation, Colliers Internation … view

Customers spend average of £16.75 while watching sport in pub or bar: Customers spend an average of £16.75 while watching sport in a pub or bar, according to new research. Data from CGA showed nearly a quarter of UK consumers visit an o … view

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Nine in ten payments in pubs, bars and fast food outlets now made using contactless: Nine in ten eligible payments in pubs and bars (89%) and fast food outlets (91%) are now made using contactless, according to new research. Data released … view

Nine in ten payments in pubs, bars and fast food outlets now made using contactless: Nine in ten eligible payments in pubs and bars (89%) and fast food outlets (91%) are now made using contactless, according to new research. Data released … view