Nightcap sets out plans to go private: Nightcap – owner of the Cocktail Club, the Adventure Bar Group, Dirty Martini and the Barrio Familia group of 46 bars – has set out plans to go private after deciding its current public market v … view

Exclusive – Cote recent lfls up 5%, cover growth returning: Côte, the French brasserie brand backed by the Partners Group, has said it is “excited by current trading”, with like-for-like sales performance ahead 5% across its last t … view

Various Eateries H1 lfl revenues down on back of wet weather and cost increases: Various Eateries, the Hugh Osmond-backed business, has reported that its like-for-like revenues for the 26-week period ending 31 March 2024 were slightly do … view

Exclusive – KFC franchisee Adil Group to acquire 40-strong former Caskade restaurants estate: KFC franchisee Adil Group will acquire 40 former Caskade restaurants, adding to its portfolio of 73 existing KFC restaurants across the countr … view

Jean-Michel Orieux named new Comptoir Group chair: Jean-Michel Orieux, former managing director of Paul UK and chief executive of Ping Pong, has been named the new non-executive chair of Comptoir Group, the owner of the Comptoir Libanais … view

Many prices falling as foodservice inflation hits a 28-month low: Year-on-year foodservice inflation fell to 4.6% – the lowest figure recorded in 28 months, according to the latest Foodservice Price Index (FPI) report from Prestige Purc … view

Tortilla acquires second largest fast-casual Mexican restaurant group in Europe – Fresh Burritos: Tortilla, Europe’s largest fast-casual Mexican restaurant brand, has acquired Fresh Burritos, the second largest fast-casual Mexican res … view

Sbarro to open UK’s first dedicated pizza drive-thru, up to six further openings planned in 2024: US pizza-by-the-slice brand Sbarro, which is being rolled out in the UK by EG Group, is to open Britain’s first dedicated drive-thru for … view

C&C Group pushed to go private by activist investor: C&C Group, owner of the Tennent’s, Magners and Bulmers Ireland brands, and Matthew Clark, Bibendum Wine and Walker & Wodehouse, has been targeted by activist investor Engine Capital, … view

Flight Club operator trading ‘strongly’ in first six months of 2024 as full-year turnover hits £68.6m, opens Electric Shuffle in Manchester: Red Engine, the team behind Flight Club and Electric Shuffle, has told Propel that trading h … view

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PF Chang’s – high double digit lfl sales growth since taking on London site has given us the confidence to target 100 UK units: The UK franchisee for US pan-Asian brand PF Chang’s has told Propel that like-for-like sales growth of h … view

Heavenly Desserts sets long term target of up to 250 UK sites, second international site imminent and kiosk roll-out set to be ramped up: Heavenly Desserts’ new national operations manager has told Propel the brand has set a long-term t … view

Yorkshire better burger business sees potential for 200 sites and open to opportunities across UK after launching franchise programme: Yorkshire better burger business Urban Fresh Burgers & Fries has told Propel it sees potential for 200 … view

Flight Club operator signs franchise agreement for Ireland and Portugal: Red Engine, the team behind Flight Club Darts and Electric Shuffle, has signed a new franchise partnership with Loyola Group – the operator of multiple hospitality … view

Patisserie Valerie to reopen more cafes, launches business-to-business arm: Patisserie Valerie, which is backed by Irish private equity firm Causeway Capital, is set to reopen more of its cafes, Propel has learned. In December, the compan … view

McDonald's UK CEO – we can help government understand what it's like for real people if it spends time with the industry: Alistair Macrow, chief executive of McDonald's UK, has said the hospitality sector can help government understand … view

Exclusive – Caffe Concerto reports revenue up 45% to record £41m a year after completing CVA: Patisserie brand Caffe Concerto has reported a 45% revenue boost in the year to 31 August 2023 due to new openings and greater demand – a y … view

Fuller’s ‘in great position for future growth’ as it reports lfls up 4.4% in last ten weeks, FY revenue increases 7% to £359.1m: Fuller’s has reported “good trading momentum” with like-for-like sales for the ten weeks to 8 Ju … view

Pop star turned hospitality entrepreneur set to open new £300m luxury nightclub in Majorca, continues to build UK portfolio: UK pop star turned hospitality entrepreneur Recardo Patrick has told Propel he is set to open a new £300m luxur … view

UKHospitality – back us to regenerate our towns and cities: Hospitality can deliver for Britain by growing 6% a year and creating 500,000 new jobs with the right investment, according to economic analysis from UKHospitality and Ignite E … view

In less than a month, a new government will take office. There is a lot of change and uncertainty on the horizon, but it is clear that a new round of leadership brings new oppor … view

Exclusive – Fulham Shore evolves management team, lines up new central London openings: Fulham Shore, the Toridoll/Capdesia-backed operator of the Franco Manca and The Real Greek brands, has a made a number of significant changes to its … view

Exclusive – Crosstown acquired for £500,000 via pre-pack administration: Crosstown, the artisan doughnut and specialty coffee brand, was acquired by Karali Snack, part of Karali Group, via a pre-pack administration, for a total conside … view

St Austell managed business lfls up 10% this year, remains acquisitive with accommodation a ‘growing part of business’: St Austell chief executive Kevin Georgel has told Propel the south west brewer and pub company’s managed busines … view

Greene King MD – we’ve gained market share from using data to design our new pubs: Greene King managing director Claire Preston-Beer has said the business has gained market share from using data to design its new pubs. She said with t … view

EG Group sells off parts of foodservice business as part of £228m deal but retains Cooplands and Starbucks franchise: EG Group is to sell its remaining 34-strong UK forecourt business and certain standalone foodservice locations for a he … view

Ralph Findlay takes C&C group CEO role after accounting errors discovered: Ralph Findlay, the ex-chief executive of Marston’s, has been appointed group chief executive of C&C Group, owner of the Tennent’s, Magners and Bulmers Ireland … view

Cream Group teams up with Stormzy for immersive nightlife concept in London’s Soho: Cream Group – which operates London nightclubs including Cirque Le Soir, Reign and Dear Darling – has teamed up with musician Stormzy to open a new … view

Improvement in performance of its pubs sees Wadworth return to FY profit: Brewer and retailer Wadworth has said that a “significant improvement” in the performance of its managed house division helped it return to profit in 2023, as i … view

Oisin Rogers – The Devonshire understood to be the biggest Guinness account in the world with 240 barrels sold St Patrick’s week: Oisin Rogers, the co-owner of The Devonshire in London’s Soho, has said he has been told by Diageo tha … view

Exclusive – Crosstown agrees sale to Karali Group: Crosstown, the artisan doughnut and specialty coffee brand, has secured new investment following a sale of substantially all of the business and its assets to Karali Snacks, part of Kar … view

Exclusive – Simmons to begin national rollout after securing Manchester site: Simmons Bars, the London cocktail bar operator, is to begin its national rollout with an opening in Manchester. Propel has learned that the Nick Campbell-led … view

Toca Social to partner with Westfield owner to expand across Europe, plans 20-plus sites: Toca Social, the interactive football bar concept, has entered into a partnership with shopping scheme owner Unibail-Rodamco-Westfield (URW) to open … view

TGI Fridays UK operator reports 10% decline in lfl sales: Hostmore, the parent company of TGI Fridays, has reported that it year-to-date (20 weeks ended 19 May 2024) like-for-like sales were 10% lower versus the same period for 2023. Howe … view

Esquires owner targets 305 UK & Ireland stores by 2034 after opening five in as many weeks, UK sales up 27% so far in FY25: Cooks Coffee Company has targeted having 305 UK & Ireland Esquires stores by 2034 after opening five in as many we … view

Liberation Group reports ‘strong’ start to new financial year following record full-year revenue: Brewer and retailer Liberation Group has reported a strong start to its new financial year with like-for-like sales in its managed pubs … view