| Sunday 20th January 2019 |
| Imbiba makes investment in new immersive entertainment concept The Dream Corporation |
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Imbiba makes investment in new immersive entertainment concept The Dream Corporation: The Dream Corporation has secured $1.1m of investment to introduce a new leisure and hospitality concept with immersive entertainment at its heart. The … view |
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| Friday 18th January 2019 |
| Update: Young's, Domino's and D&D London |
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Young’s appoints interim chief financial officer: London pub retailer Young’s has appointed Daniel Quint as interim chief financial officer. The appointment comes after Steve Robinson resigned and left the business last month to pursu … view |
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| Friday 18th January 2019 |
| Friday Opinion |
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Subjects: How leaders build trust, growing into the overcoat and return to rationing Authors: Chris Edger, Glynn Davis and Paul Chase How leaders build trust by Chris EdgerTrust … view |
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| Friday 18th January 2019 |
| Update: Richoux Group board bids to go private, Rollo on Whitbread |
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Richoux Group board bids to quit AIM stock market and go private: Richoux Group, the owner and operator of Richoux, Friendly Phil’s, Villagio and The Broadwick restaurants, has announced the proposed cancellation of admission of its ord … view |
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| Friday 18th January 2019 |
| Propel Friday News Briefing |
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Number of vegan restaurants in Britain rises 55%: The number of vegan restaurants in Britain has increased 55% in the past year to 48, according to new research. The findings by the Local Data Company showed the majority of new businesses … view |
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| Thursday 17th January 2019 |
| Restaurant Marketer & Innovator Award winners revealed |
| Restaurant Marketer & Innovator Award winners revealed: The winners of this year’s Restaurant Marketer & Innovator Awards, staged by Propel and Think Hospitality, have been revealed. More than 100 entries were judged by a 20-strong panel of … view |
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| Thursday 17th January 2019 |
| Update: Whitbread, NewRiver, SSP, Ten Entertainment Group, Everyman |
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Whitbread reports like-for-like sales down 0.6% in third quarter, total UK sales increase 2.5%: Whitbread has reported like-for-like sales fell 0.6% in the 13 weeks to 29 November 2018, with total UK sales up 2.5% (year-to-date 2.7%). The … view |
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| Thursday 17th January 2019 |
| Propel Thursday News Briefing |
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Clive Watson – City Pub Group will be last venture but plenty of growth still ahead: City Pub Company executive chairman Clive Watson has told Propel this will be the last pub venture he’ll lead but he foresees many years’ growth ah … view |
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| Wednesday 16th January 2019 |
| Patisserie Holdings appoints KPMG to review options as it reveals balance sheet was ‘significantly manipulated’ |
| Patisserie Holdings appoints KPMG to review options as it reveals balance sheet was ‘significantly manipulated’: Patisserie Holdings has hired KPMG to review options for the business as it revealed its balance sheet was “significantly ma … view |
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| Wednesday 16th January 2019 |
| Update: City Pub Group and Cineworld results, UKHospitality on Brexit, BigDish |
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City Pub Group reports full-year like-for-likes up 1.6%, updates on pipeline: City Pub Group, led by Clive Watson, has reported like-for-like sales increased 1.6% for the year ending 30 December 2018. The company said the majority of the … view |
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| Wednesday 16th January 2019 |
| Propel Wednesday News Briefing |
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Boost for eating and drinking-out market as Christmas and New Year like-for-likes rise 4.1%: While the retail sector struggled, Britain’s managed pub and restaurant companies had cause to celebrate during the six-week Christmas and New … view |
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| Wednesday 16th January 2019 |
| Boost for eating and drinking-out market as Christmas and New Year like-for-likes rise 4.1% |
| Boost for eating and drinking-out market as Christmas and New Year like-for-likes rise 4.1%: While the retail sector struggled, Britain’s managed pub and restaurant companies had cause to celebrate during the six-week Christmas and New Year … view |
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| Tuesday 15th January 2019 |
| Greene King appoints new chief executive |
| Greene King appoints new chief executive: Brewer and retailer Greene King has appointed Nick Mackenzie as its new chief executive. Mackenzie will join the company on 1 May in succession to Rooney Anand, who announced in November he would step … view |
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| Tuesday 15th January 2019 |
| Charles Wells plans to double UK managed estate in 2019 as it reports turnover and profit boost |
| Charles Wells plans to double UK managed estate in 2019 as it reports turnover and profit boost: Bedford-based brewer and retailer Charles Wells plans to double the size of its UK managed estate and grow its portfolio in France during the next … view |
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| Tuesday 15th January 2019 |
| Update: Rockfish, Elegant Hotels and Rodizio Rico |
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Gresham House invests in Rockfish: Rockfish has received investment from the Gresham House Ventures team, ahead of a planned three openings in 2019. Rockfish has five coastal sites in the South-West and also owns the Seahorse restaur … view |
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| Tuesday 15th January 2019 |
| Propel Tuesday News Briefing |
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Charlie McVeigh looks at making up to three more investments following BBQ Dreamz backing: Draft House founder Charlie McVeigh has told Propel he is looking to make two or three more investments in sector businesses by April. It comes fo … view |
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| Monday 14th January 2019 |
| Andrew Stones and Toby Rolph to step down at Be At One as brand aligns to Stonegate structure |
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Andrew Stones and Toby Rolph to step down at Be At One as brand aligns to Stonegate structure: Managing director Andrew Stones and financial director Toby Rolph are to step down at specialist cocktail bar operator Be At One as the brand a … view |
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| Monday 14th January 2019 |
| Novus appoints new chief executive as Toby Smith steps down |
| Novus appoints new chief executive as Toby Smith steps down: Toby Smith has stepped down as chief executive of Novus. He has been replaced by Sharon Badelek, who has been chief financial officer for the past two-and-a-half years. Smith is step … view |
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| Monday 14th January 2019 |
| Update: Revolution trading, PizzaExpress debt and Patisserie Valerie audit |
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Revolution reports like-for-likes up 2.6% in December: Revolution Bars Group, the operator of 79 premium bars trading across the UK under the Revolution and Revolucion de Cuba brands, has provided a trading update for the 26 weeks to 29 D … view |
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| Monday 14th January 2019 |
| Propel Monday News Briefing |
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Morgan Stanley – pub sector good choice for investors due to positive trading and strong private market interest in buying assets: Morgan Stanley leisure analyst Jamie Rollo has argued the pub sector is a good choice for investors becau … view |
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| Friday 11th January 2019 |
| Friday Opinion |
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Subjects: A world of difference, time for lunch and delivery is here to stay Authors: James Hacon, Glynn Davis and Ann Elliott A world of difference by James HaconThe world is an ever-clo … view |
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| Friday 11th January 2019 |
| Ei Group sells 370 pubs to investment fund |
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Ei Group sells 370 pubs to investment fund: Ei Group has entered into sale agreements, subject to shareholder approval, with Tavern Propco Limited in relation to 370 properties comprising public houses and other commercial properties for … view |
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| Friday 11th January 2019 |
| Propel Friday News Briefing |
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UK becomes vegan food market leader as number of products launched doubles to 16%: The UK developed the highest number of new vegan food products in Europe in 2018, toppling Germany from top spot, according to the Mintel Global New Produc … view |
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| Thursday 10th January 2019 |
| Brighton Pier Group profit warning, M&B LfLs, C&C Group trading |
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Brighton Pier Group report profits will be 18% lower than expectations: Brighton Pier Group, announcing a trading update for the six-month period to 31 December 2018, has told the market profit before tax will be 18% lower than expectatio … view |
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| Thursday 10th January 2019 |
| Propel Thursday News Briefing |
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Chameleon Bar & Dining sells final three freeholds to Greene King, plans to assign remaining lease and close business: Chameleon Bar & Dining has sold its three remaining freeholds to brewer and retailer Greene King, with staff transferri … view |
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| Wednesday 9th January 2019 |
| Loungers reports like-for-like sales up 11% over Christmas and New Year |
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Loungers reports like-for-like sales up 11% over Christmas and New Year: Loungers, the operator of 139 neighbourhood, cafe-bar-restaurants trading under the Lounge and Cosy Club brands, has reported like-for-like sales up 11% over the Chr … view |
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| Wednesday 9th January 2019 |
| Propel Wednesday News Briefing |
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Papa John’s passes 400-store milestone in UK, eyes further openings following ‘excellent’ sales in December: Papa John’s has passed the 400-store milestone in the UK following openings at the end of 2018 in Dundee, Cannock, Leeds, … view |
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| Tuesday 8th January 2019 |
| Inn Collection Group secures £10m from OakNorth to more than double portfolio to 21 sites |
| Inn Collection Group secures £10m from OakNorth to more than double portfolio to 21 sites: The Inn Collection Group, which is owned by Alchemy Partners, has secured a £10m loan from OakNorth to fund its expansion. The Inn Collection Group pl … view |
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| Tuesday 8th January 2019 |
| Greene King reports like-for-likes up 10.9% over Christmas fortnight |
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Greene King reports like-for-likes up 10.9% over Christmas fortnight: Greene King has reported like-for-like sales over the two weeks to Christmas were up 10.9%. The company stated: “After 36 weeks of our financial year, Pub Company lik … view |
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| Tuesday 8th January 2019 |
| Propel Tuesday News Briefing |
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Pod founder lines up two new sites for Three Joes as it launches £400,000 crowdfunding campaign for growth: Tim Hall, founder of London-based healthy eating brand Pod, has told Propel his sourdough pizza restaurant, Three Joes, has two n … view |
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| Monday 7th January 2019 |
| Propel Monday News Briefing |
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Google increases market share of social reviews while TripAdvisor drives negative comments: Google increased its market share of reviews during December, according to new statistics from Feed It Back’s monthly social review tracker. The … view |
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| Friday 4th January 2019 |
| Update: Whitbread launches UK’s first battery-powered hotel, Goodbody on Wagamama, AB InBev |
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Whitbread launches UK’s first battery-powered hotel: Whitbread has launched the UK’s first battery-powered hotel, at a Premier Inn site in Edinburgh. The company has installed a five-tonne battery at The Gyle in Edinburgh Park. It wil … view |
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| Friday 4th January 2019 |
| Friday Opinion |
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Subjects: Making hotels pay, the war on choice and making hospitality sexy Authors: Glynn Davis, Paul Chase and James Hacon Making hotels pay by Glynn DavisChristmas is now sadly gone and … view |
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| Friday 4th January 2019 |
| Stonegate reports 7.8% festive like-for-like sales growth |
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Stonegate reports 7.8% festive like-for-like sales growth: Stonegate Pub Company, the operator of 735 drink-led, pubs and bars, has reported 7.8% like-for-like sales growth over the festive period (1 December to 1 January). It reported al … view |
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| Friday 4th January 2019 |
| Propel Friday News Briefing |
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Crussh converts Soho site to vegan pop-up as it explores viability of model: London-based healthy food and juice brand Crussh has turned its Soho site into a vegan store for the month. The outlet in Broadwick Street is serving an entire p … view |
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| Thursday 3rd January 2019 |
| Wagamama reports UK like-for-likes up 12% in second quarter, Urban Pubs and Bars secures 20th site |
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Wagamama reports UK like-for-likes up 12% in second quarter: Wagamama has reported turnover increased 15.4% to £81.5m for the 12 weeks to 11 November 2018 – its second quarter – with one new site opening in the period. The company sa … view |
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| Thursday 3rd January 2019 |
| Propel Thursday News Briefing |
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Pubs and restaurants lead the way as consumers continue to prioritise spending on entertainment, overall spend grows 4.0% in 2018: Pubs and restaurants led the way as spending on entertainment continued to be a priority for consumers in 2 … view |
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| Tuesday 1st January 2019 |
| Coaching Inn Group reports record December, Caprice Holdings results |
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Coaching Inn Group reports record December trading with like-for-likes up 9.4%: Coaching Inn Group has reported record festive trading with like-for-like sales up 9.4% for the five weeks to 31 December. The company saw net sales of £3,06 … view |
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| Sunday 30th December 2018 |
| Oakman to combine various businesses to ‘reflect true value’ of company |
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Oakman to combine various businesses to simplify structure and ‘reflect true value’ of company, terms agreed on further four sites: Oakman Inns and Restaurants has revealed it is combining its various operating businesses to simplify … view |
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| Saturday 29th December 2018 |
| Alison Brittain, Nisha Katona and Thomasina Miers awarded New Year’s Honours |
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Alison Brittain, Nisha Katona and Thomasina Miers awarded New Year’s Honours: Whitbread chief executive Alison Brittain; Nisha Katona, founder of Indian street food restaurant Mowgli; and Thomasina Miers, founder of Mexican restaurant b … view |
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| Friday 28th December 2018 |
| Results: Anglian Country Inns and Spaghetti House |
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Anglian Country Inns reports like-for-likes up 4.1% as turnover hits £11m: Anglian Country Inns, the award-winning operator of gastro-pubs and restaurants led by James Nye, has reported like-for-like sales increased 4.1% for the year end … view |
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| Monday 24th December 2018 |
| Burning Night bought out of administration, TRG completes £559m Wagamama deal |
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Burning Night Group bought out of administration: Bar company Burning Night Group has been bought out of administration, saving more 300 jobs. Bierkeller sites in Birmingham, Leeds, Liverpool, Manchester and Nottingham, which also operate … view |
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| Friday 21st December 2018 |
| Whitbread gets EU clearance for £3.9bn Costa Coffee sale to Coca-Cola |
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Whitbread gets EU clearance for £3.9bn Costa Coffee sale to Coca-Cola, announces share buyback programme: Whitbread has received clearance from the European Union under the EC Merger Regulation for its £3.9bn sale of Costa Coffee to Coc … view |
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