Conviviality warns it is set to go into administration: Conviviality is to appoint administrators in the wake of its failure to raise £125m in fresh capital. The company stated: “Further to the announcement on 28 March 2018, and follow … view

Barworks co-founder Marc Francis-Baum and Gizzi Erskine launch Mare Street Market in Hackney: Marc Francis-Baum, co-founder of central London bar and pub operator Barworks, and food-writer Gizzi Erskine have launched Mare Street Market in … view

Time Out lines up Time Out Market in New York: Time Out Group, the global media and entertainment business, is pleased to announce that it has signed a conditional lease agreement for a new Time Out Market in New York. Located at 55 Water … view

Hakkasan Group and SBE merger officially off: A year after announcing plans to merge and create a billion-dollar nightlife and restaurant group, the proposed deal between SBE and Hakkasan Group is officially off. US-based hotel, restauran … view

Brighton Pier Group reports sales and profit dip: Brighton Pier Group has reported sales dropped to £16m in the 26 weeks to 24 December 2017, down from £17.74m the year before. Profit before tax was £2.34m compared to £2.65m the year … view

CGA Group acquires CPL Online: CGA Group has completed the acquisition of CPL Online, the specialist provider of e-learning, business solutions and interactive services from CPL Training. The deal extends CGA’s product portfolio and tec … view

CGA Group acquires CPL Online: CGA Group has completed the acquisition of CPL Online, the specialist provider of e-learning, business solutions and interactive services from CPL Training. The deal extends CGA’s product portfolio and tec … view

Casual dining sector faces ‘restructuring wave’ with quarter suffering severe financial distress, warns KPMG: Britain’s casual dining sector will endure a wave of closures in the coming months, with a quarter of restaurant groups al … view

Drake & Morgan to open second Manchester city centre site: Drake & Morgan, the London-based bar and restaurant group backed by Bowmark Capital, is to open The Anthologist this summer for its second venue in Manchester city centre and 23rd … view

BrewDog reports Ebitda boost as turnover hits £112m: Scottish brewer and retailer BrewDog has reported an Ebitda boost as sales surged past £100m. The company saw turnover increased 56% to £112m for the year ending 31 December 2017 com … view

Levels of ‘significant’ financial distress up 8% across UK restaurants: An increasing number of restaurants in the UK have unpaid debts of up to £5,000, new research has revealed. More than 11,000 eateries are showing “significant� … view

Adnams report turnover growth operating profit down in year of investment: Adnams, the Suffolk brewer, distiller and retailer, has reported sales up 6.2% to £74.8m for the 12 months to 31 December 2017, with operating profit down 45% to … view

Premium and healthier soft drinks to ‘plug the alcohol gap’: Premium and healthier soft drinks are set to “plug the alcohol gap” in 2018, according to Britvic’s latest Soft Drinks Review. Soft drinks accounted for £6.9bn in sal … view

Ten Entertainment Group reports sales and profit growth: Ten Entertainment Group, the UK operator of bowling and family entertainment centres, has reported total sales up 5.5% to £71.0m (52 weeks versus 53 weeks) with total sales up 8.9% … view

Wagamama launches world’s first walk-away payment app: Wagamama has launched a walk-away payment app that will save diners “12 minutes every meal”. Created in partnership with Mastercard, the world first is described as “Uber for … view

NewRiver chosen to develop 66-acre leisure park in Basingstoke: NewRiver has been appointed by Basingstoke and Deane Borough Council as its nominated developer to bring forward the risk-controlled redevelopment of a 66 acre leisure park i … view

Multi-site operators back One Planet Plate campaign as diners slam environmental impact of menus: The Sustainable Restaurant Association (SRA) will launch its One Planet Plate campaign on Saturday (24 March) as surveys revealed UK diners … view

Conviviality chief executive steps down: Conviviality, the UK alcohol wholesaler serving consumers through the on-trade and its franchise retail estate, has announced chief executive Diana Hunter has stepped down. Non-executive chairman D … view

East Coast Concepts boss – we see scope for up to 40 sites, sustaining like-for-like growth: East Coast Concepts chief executive James Hitchen has told Propel he believes there is scope for up to 40 sites in total for its Neighbourhood … view

Current trading: Like-for-li … view

JD Wetherspoon reports like-for-likes up 3.8%: JD Wetherspoon has reported like-for-like sales have increased 3.8% in the six weeks to 11 March 2018, with total sales up 2.6%. It comes as the company reported sales for the 26 weeks to 28 … view

Sector like-for-likes up 0.2% in February, pubs now rolling out faster than casual dining chains: Britain’s managed pub and restaurant chains saw collective like-for-like sales increase 0.2% in February compared with last year, accordin … view

Roger Devlin to step down as Marston’s chairman: Marston’s has announced Roger Devlin has informed the board of his intention to step down from his role as chairman, and from the board, in view of his other increased business commitme … view

Polpo pauses roll-out and refocuses strategy following £2m loss as it exits underperforming sites: London-based restaurant company Polpo has paused its roll-out and refocused its strategy in what it predicts will be a “transformational … view

Everyman reports revenue and Ebitda boost: Everyman Cinemas has reported revenue increased 37% to £40.6m for the year ending 28 December 2017 compared with £29.6m the previous year. Adjusted Ebitda was up 67% to £6.6m compared with £4 … view

Applegreen reports turnover and profit surge as like-for-like food sales increase 6.5%: Forecourt retailer Applegreen, which houses a number of foodservice brands at its sites across the UK, has reported a turnover and profit surge helped … view

Tasty halts new openings, results in line with revised expectations: Wildwood operator Tasty has reported sales up 9.7% to £50.3m (2016: £45.8m) for the 52 weeks ended 31 December 2017. The company generated adjusted Ebitda of £3.5m. I … view

Deliveroo launches street food startup service: Deliveroo has launched an initiative that focuses on street food startups. Named “Pop-ups”, the initiative will give street food brands 12-week slots at Deliveroo Editions sites, with th … view

Technology and health test out-of-home food and drink sector, 14.9% increase in Britain’s food-led licensed premises in past five years: Healthy lifestyles are transforming the way consumers eat out, while hospitality is facing a post-B … view

Escape Hunt opens first UK site in Bristol: Escape Hunt, the global entertainment network offering “escape the room” adventures to the public and corporate clients, has opened its first UK owner-operated site in Bristol. The company s … view

Stonegate at circa 4% like-for-like sales growth, opens call centre, expanding Felson’s pool hall concept: Stonegate Pub Company, which operates about 700 wet-led pubs, has told Propel its like-for-like sales growth is trading at circa … view

Hospitality trade bodies urge decisive action on taxes: Hospitality trade bodies including UKHospitality, the British Beer and Pub Association (BBPA), the Campaign for Real Ale (CAMRA) and the Society of Independent Brewers (SIBA), have c … view

KFC switches back to Bidvest for 40% of restaurants following delivery saga: KFC UK is switching back to Bidvest for 40% of its restaurants following the delivery saga that resulted in 750 of its 900 sites being closed due to a mass short … view

Social Entertainment Ventures appoints former D&D London COO Toby Harris as chief executive: Social Entertainment Ventures, which is the parent company of Bounce ping-pong bars and mini-golf concept Puttshack, has appointed Toby Harris as … view

Domino’s Pizza reports UK like-for-likes up 7.1%: Domino’s Pizza has reported UK like-for-like sales are up 7.1% in the first eight weeks of 2018 with system sales increasing 10.9%. The company said it planned to open between 65 and 7 … view

Foodservice price inflation dips to 2.5% in January: Foodservice price inflation dipped to 2.5% in January, according to the latest CGA Prestige Foodservice Price Index. The figure is a fall from year-on-year inflation of 5.1% recorded in … view

Restaurant Group reports like-for-like sales decline 3.0% in ‘transitional’ year: The Restaurant Group has reported like-for-like sales fell 3% for the 52 weeks ended 31 December 2017 in what was a “transitional year” for the comp … view

Consumer spending increases 3.8% in February driven by pubs and restaurants: Consumer spending grew 3.8% year-on-year in February, marking the third consecutive month in which growth rose above the prevailing rate of inflation, according … view

Just Eat reports revenue growth in 2017: Just Eat has reported sales up 45% to £546 million and underlying Ebitda up 42% to £164 million in the year to 31 December 2017. It reported ‘excellent group performance underpinned by strong … view

Google sells restaurant review guide Zagat to The Infatuation: Google owner Alphabet has signed a deal to sell Zagat, the restaurant review guide, to restaurant discovery platform The Infatuation for an undisclosed amount. The Infatuation … view

Greene King hits 10,000-apprentice milestone: Brewer and retailer Greene King has passed the milestone of supporting 10,000 team members through its apprenticeship programme. The milestone accounts for team members who have graduated from … view

Prezzo sees debts soar to £220m as it details CVA proposal: Prezzo owes banks and suppliers almost £220m, documents have revealed, as it launches a plea to landlords to reduce its rent bill in order to keep trading. Prezzo has published … view

Laine Pub Company eyes ‘exciting opportunities’ to grow London estate as it reports turnover and Ebitda boost: Multiple pub operator and brewer The Laine Pub Company, which is backed by Luke Johnson, has said it is looking at some “ … view

Revolution Bars Group reports ‘underlying’ like-for-like sales growth of 1.9% in first 26 weeks, like-for-likes down in early 2018, management team changes: Revolution Bars Group, the operator of 72 premium bars, trading under the Rev … view

Casual Dining Group reports like-for-like growth, plans further expansion, secures Tesco listing for Bella Italia products: Casual Dining Group (CDG), the operator of circa 290 mid-market restaurant brands including Cafe Rouge, Bella Ital … view

Casual Dining Group reports like-for-like growth, plans further expansion, secures Tesco listing for Bella Italia products: Casual Dining Group (CDG), the operator of circa 290 mid-market restaurant brands including Cafe Rouge, Bella Ital … view

Analyst Douglas Jack issues ‘Buy’ note on Domino’s shares: Peel Hunt leisure analyst Douglas Jack has issued a ‘Buy’ note on Domino’s UK shares, with a price target of 425p per share (shares close on 327p at the end of Tuesday … view

Maxwell’s live music venue The Roadhouse in Covent Garden facing eviction threat: The Roadhouse, operated by Maxwell’s Restaurants Group and one of Covent Garden’s oldest live music venues, is “facing eviction” if landlord Capit … view