Latest Briefing Archive Tab News Tab Events Tab Advertising Tab Contact Tab
 
Search our Previous Briefings
 
New Archive Heading
Current
Aug 2019
Jul 2019
Jun 2019
May 2019
Apr 2019
Mar 2019
Feb 2019
Jan 2019
Dec 2018
Nov 2018
Oct 2018
Sep 2018
Aug 2018
Jul 2018
Jun 2018
May 2018
Apr 2018
Mar 2018
Feb 2018
Jan 2018
Dec 2017
Nov 2017
Oct 2017
Sep 2017
Aug 2017
Jul 2017
Jun 2017
May 2017
Apr 2017
Mar 2017
Feb 2017
Jan 2017
Dec 2016
Nov 2016
Oct 2016
Sep 2016
Aug 2016
Jul 2016
Jun 2016
May 2016
Apr 2016
Mar 2016
Feb 2016
Jan 2016
Dec 2015
Nov 2015
Oct 2015
Sep 2015
Aug 2015
Jul 2015
Jun 2015
May 2015
Apr 2015
Mar 2015
Feb 2015
Jan 2015
Dec 2014
Nov 2014
Oct 2014
Sep 2014
Aug 2014
Jul 2014
Jun 2014
May 2014
Apr 2014
Mar 2014
Feb 2014
Jan 2014
Dec 2013
Nov 2013
Oct 2013
Sep 2013
Aug 2013
Jul 2013
Jun 2013
May 2013
Apr 2013
Mar 2013
Feb 2013
Jan 2013
Dec 2012
Nov 2012
Oct 2012
Sep 2012
Aug 2012
Jul 2012
Jun 2012
May 2012
Apr 2012
Mar 2012
Feb 2012
 
 
Propel Quarterly Spring 2018view online
 
Propel Premium
 
Lowlander Beer Co Banner
 
Funkin Banner
 
Franklin and Sons Banner
 
Lyre's Banner
 
Freeths Banner
 
Best Bar None Banner
 
Black Sheep Banner
 
Ei Group Banner
 
Hastee Pay Banner
 
Venners Banner
 
COREcruitment Banner
 
HGEM Banner
 
Zonal Banner
 
Sky Banner
 
Freeths Banner
 
Access Banner
 
liveRES Banner
 
Lincoln & York Banner
 
Pipers Crisps Banner
 
Tahola Banner Tahola - What we do Tahola - What we do Tahola - What we do Tahola - What we do Tahola - What we do Tahola - What we do Tahola web link
 
Pipers Crisps Banner
 
 
Saturday 14th September 2019
Tim Martin on sales, coffee, people retention, estate size, freeholds et al
Propel reports on JD Wetherspoon founder Tim Martin’s comments following yesterday’s (Friday, 13 September) full-year results:

Current trading: Like-for-like sales for the six weeks to 8 September 2019 … view
................................................................................................
 
Friday 13th September 2019
Premium Opinion
Leading sector analyst Simon Stenning looks at whether restaurants are evolving quickly enough. Meanwhile, Propel insights editor Mark Wingett asks whether we should sometimes avoid the “noise of the new” and appreciate those less celebra … view
................................................................................................
 
Friday 13th September 2019
Friday Opinion
Subjects: 106 sleeps ’til Christmas, off the rails, the cheap labour era is over, and an amazing entrepreneur
Authors: James Hacon, Glynn Davis, Karl Murray and Ann Elliott

106 sleeps ’til Chri … view

................................................................................................
 
Friday 13th September 2019
Wetherspoon reports like-for-like sales up 6.8% in full year
Wetherspoon reports like-for-like sales up 6.8% in full year: JD Wetherspoon has reported sales rose 7.4% to £1,818.8m in the 52 weeks ended 28 July. Profit before tax was down 4.5% to £102.5m. After exceptional items, profit rose 7.2% to £ … view
................................................................................................
 
Friday 13th September 2019
Propel Friday News Briefing
Cabana went into administration after being unable to bridge £700,000 funding shortfall: Cabana, the Brazilian barbecue group founded by Jamie Barber and David Ponte, went into administration last month after facing a funding shortfall o … view
................................................................................................
 
Thursday 12th September 2019
Gresham acquires stake in Vinoteca
Gresham acquires stake in Vinoteca: Private equity firm Gresham House Ventures has acquired a stake in wine bar and restaurant concept Vinoteca, Propel has learned. The current backer of Pho and Rockfish is believed to have beaten Foresight an … view
................................................................................................
 
Thursday 12th September 2019
Gerry Carroll to step down as Hawthorn Leisure chief executive
Gerry Carroll to step down as Hawthorn Leisure chief executive: Gerry Carroll has announced he will step down as chief executive of Hawthorn Leisure, NewRiver REIT’s community pub-operating platform, with effect from Tuesday, 1 October. … view
................................................................................................
 
Thursday 12th September 2019
Ei Group shareholders overwhelmingly approve £3bn acquisition by Stonegate
Ei Group shareholders overwhelmingly approve £3bn acquisition by Stonegate: Shareholders of Ei Group have overwhelmingly approved the company’s £3bn acquisition by Stonegate Pub Company. A total of 96.57% of shareholders voted in favo … view
................................................................................................
 
Thursday 12th September 2019
Update: Comptoir Group results
Comptoir Group reports revenue and Ebitda boost, repositioned Westfield site trading ‘well above’ expectations, CFO retracts resignation: Comptoir Group, the owner and/or operator of Lebanese and Eastern Mediterranean restaurants, has … view
................................................................................................
 
Thursday 12th September 2019
Propel Thursday News Briefing
Pie & Pint Inns seeks pub company partner to grow: Essex-based pub operator Pie & Pint Inns is looking to partner with a bigger pub company in a bid to grow the three-strong brand, Propel has learned. Pie & Pints Inns founder Gary Downham … view
................................................................................................
 
Wednesday 11th September 2019
Gourmet Burger Kitchen like-for-likes up 8.6% in first half
Gourmet Burger Kitchen like-for-likes up 8.6% in first half: Gourmet Burger Kitchen’s (GBK) like-for-like sales were up 8.6% in the six months ended 25 August 2019, its parent company Famous Brands has stated. In a brief voluntary tradi … view
................................................................................................
 
Wednesday 11th September 2019
Propel Wednesday News Briefing
Propel launches Casual Dining Summit, open for bookings: Propel has launched the Casual Dining Summit in which some of the sector’s leading operators – big and small, new and established – will share expertise and insights into how … view
................................................................................................
 
Tuesday 10th September 2019
Propel Tuesday News Briefing
Good Food Guide – restaurants moving towards dynamic pricing: A number of restaurants are moving towards dynamic pricing, according to the Good Food Guide 2020. The seventh edition of the guide, published by Waitrose & Partners on Thurs … view
................................................................................................
 
Monday 9th September 2019
Abokado launches CVA after sharp reduction in sales and ‘sophisticated’ banking fraud
Abokado launches CVA after sharp reduction in sales and ‘sophisticated’ banking fraud: Abokado, the London-based healthy eating chain, has launched a company voluntary arrangement (CVA) after seeing a sharp reduction in sales and being the … view
................................................................................................
 
Monday 9th September 2019
Exclusive: Dan Warne unexpectedly departs as Deliveroo UK and Ireland MD
Exclusive – Dan Warne unexpectedly departs as Deliveroo UK and Ireland MD: Dan Warne, Deliveroo managing director for UK and Ireland, has unexpectedly left the business, Propel can reveal. Warne had led the UK and Ireland business since Augu … view
................................................................................................
 
Monday 9th September 2019
Update: M&B, Whitbread and Roadchef
Jamie Rollo – M&B like-for-like sales to continue outperforming a gently improving UK pub market: Morgan Stanley leisure analyst Jamie Rollo has said he believes Mitchells & Butlers (M&B) like-for-like sales will continue to outperform … view
................................................................................................
 
Monday 9th September 2019
Propel Monday News Briefing
Sector like-for-likes up 1.6% in August as wet-led pubs and London venues benefit: Britain’s managed pub and restaurant groups saw collective like-for-like sales grow 1.6% in August compared with last year, with wet-led pubs and venues … view
................................................................................................
 
Monday 9th September 2019
Sector like-for-likes up 1.6% in August as wet-led pubs and London venues benefit
Sector like-for-likes up 1.6% in August as wet-led pubs and London venues benefit: Britain’s managed pub and restaurant groups saw collective like-for-like sales grow 1.6% in August compared with last year, with wet-led pubs and venues … view
................................................................................................
 
Friday 6th September 2019
Greene King shareholders rebel over Anand pay-off, Nando's appoints new UK chief executive
Greene King shareholders rebel over £850,000 Anand pay-off: Shareholders at brewer and retailer Greene King have rebelled over the £850,000 pay-off given to former chief executive Rooney Anand. At the company’s annual general meeting … view
................................................................................................
 
Friday 6th September 2019
Friday Opinion
Subjects: Half measures, the perfect match, authentic Mexican cuisine is the next big thing, and alcohol myths
Authors: Glynn Davis, Brigid Simmonds, Kieran Waite and Paul Chase

Half measures by Gl … view

................................................................................................
 
Friday 6th September 2019
Update: Greene King trading, calls for alcohol duty reforms
Greene King reports like-for-likes up 1.5% in past seven weeks: Brewer and retailer Greene King has reported like-for-like sales growth of 1.5% in the past seven weeks. In a first-quarter trading update for the 18 weeks to 1 September ahe … view
................................................................................................
 
Friday 6th September 2019
Propel Friday News Briefing
Dodo Pizza sets sights on becoming UK’s second-largest pizza delivery business: Dodo Pizza, which was founded in Russia eight years ago and operates 522 stores, has set its sights on becoming the UK’s second-largest pizza delivery fir … view
................................................................................................
 
Thursday 5th September 2019
Propel Thursday News Briefing
Kerb reveals initial operator line-up as it prepares to open first permanent home this weekend: Street food business Kerb has revealed the initial line-up for its first permanent home, Seven Dials Market, which will open on Saturday (7 Se … view
................................................................................................
 
Wednesday 4th September 2019
Fuller’s returning £69m to shareholders following beer business sale, managed like-for-likes up 2.5%, Swaine joins Rank
Fuller’s returning £69m to shareholders following beer business sale, managed like-for-likes up 2.5%, Swaine joins Rank: Fuller’s has revealed plans to return £69m to shareholders following the sale of its beer business to Asahi and repo … view
................................................................................................
 
Wednesday 4th September 2019
Propel Wednesday News Briefing
Authentic Alehouses’ secured creditor agrees £3m deal to buy sites out of administration: Crowdstacker, the secured creditor of Authentic Alehouses, has agreed a deal to buy the seven-strong estate of pubs out of administration for £3 … view
................................................................................................
 
Tuesday 3rd September 2019
Exclusive: Grind repays Crowdcube bondholders early as part of newly agreed £4.6m HSBC funding
Exclusive – Grind repays Crowdcube bondholders early as part of newly agreed £4.6m HSBC funding: Coffee and cocktail brand Grind has announced a newly agreed £4.6m funding package with HSBC, following its £3.4m Crowdcube equity raise earl … view
................................................................................................
 
Tuesday 3rd September 2019
The Restaurant Group to exit at least half of its 352 leisure sites at first opportunity
The Restaurant Group may exit at least half of its 352 leisure sites at first opportunity: The Restaurant Group may exit at least half of its 352 leisure sites at the first possible exit opportunity, the company reported this morning. The … view
................................................................................................
 
Tuesday 3rd September 2019
Propel Tuesday News Briefing
Pret reorganises management team, appoints new UK MD: Pret A Manger, the JAB Holdings-backed chain, has reorganised its UK management team, including the appointment of a new UK managing director, Propel understands. The company has promo … view
................................................................................................
 
Monday 2nd September 2019
Robinsons reports record turnover of £75.5m, tenanted like-for-like net income up 4.2%
Robinsons reports record turnover of £75.5m, tenanted like-for-like net income up 4.2%: North west brewer and retailer Robinsons has reported turnover increased 6.1% to a record £75.5m during the year ending 31 December 2018, compared with … view
................................................................................................
 
Monday 2nd September 2019
Propel Monday News Briefing
Debenhams to roll-out Harry Ramsden branded fish and chips across its estate: Retailer Debenhams is to continue to ramp up its food and beverage offer, with the launch of a partnership with Harry Ramsden, which will see branded fish and c … view
................................................................................................
 
Friday 30th August 2019
Exclusive: Coffeesmiths Collective acquires Taylor St Baristas UK and US, eyes expansion
Exclusive – Coffeesmiths Collective acquires Taylor St Baristas UK and US, eyes expansion: Coffeesmiths Collective, the Toby Smith-led business that runs various coffee chains including the Department of Coffee and Social Affairs (DoCaSA) an … view
................................................................................................
 
Friday 30th August 2019
Friday Opinion
Subjects: Wine appreciation, improving customer experience from within, delivering effective learning with different approaches, F&B and the Fringe Festival, and catering for more than just millennials
Authors: Glynn Davis, K … view
................................................................................................
 
Friday 30th August 2019
Costa Coffee launches ‘commuter focused’ store concept
Costa Coffee launches ‘commuter focused’ store concept: Costa Coffee, owned by Coca-Cola, has launched a new “commuter focused” store concept, in London. The debut site has opened at Lewisham station – one of eight new mini-format st … view
................................................................................................
 
Friday 30th August 2019
Propel Friday News Briefing
Chick-fil-A to take significant step towards UK launch: Chick-fil-A, the largest chicken, and the third largest US fast food restaurant chain, is looking to take a significant step towards launching in the UK, with the opening of a one-ye … view
................................................................................................
 
Thursday 29th August 2019
Propel Thursday News Briefing
PizzaExpress Future Express programme ‘exceeding expectations’: Zoe Bowley, managing director of PizzaExpress, has told Propel the performance of the initial group of restaurants it has refurbished under its “Future Express” progr … view
................................................................................................
 
Wednesday 28th August 2019
PizzaExpress reports UK like-for-likes ‘largely flat’ in first half, group Ebitda down 7.7%
PizzaExpress reports UK like-for-likes ‘largely flat’ in first half, group Ebitda down 7.7%: PizzaExpress has reported a “resilient performance” in the UK and Ireland for the 26 weeks ending 30 June 2019, while its international busine … view
................................................................................................
 
Wednesday 28th August 2019
Update: Loungers Full Year results, Fulham Short AGM and vegan meals
Loungers reports like-for-like sales up 6.9% in Full Year: Loungers has reported sales rose 26.4% to £153m and like-for-like sales rose 6.9% in the 52 weeks ended 21 April 2019. Adjusted Ebitda was up 23.7% to £20.6m (2018: £16.6m). Ad … view
................................................................................................
 
Wednesday 28th August 2019
Propel Wednesday News Briefing
YO! to extend Tesco partnership to further 40 stores: YO!, the global multi-brand, multi-channel Japanese food group, is to extend its YO! To Go trial with Tesco, after a successful two-store pilot. Propel understands the Richard Ho … view
................................................................................................
 
Tuesday 27th August 2019
Robin Rowland to step down from YO! board to focus on portfolio of retail hospitality interests
Robin Rowland to step down from YO! board to focus on portfolio of retail hospitality interests: Global multi-brand, multi-channel Japanese food group YO! has announced Robin Rowland has decided to step down as a non-executive director of the … view
................................................................................................
 
Tuesday 27th August 2019
Propel Tuesday News Briefing
Center Parcs claims concept has ‘never been more relevant’ as it reports turnover and profit boost: Center Parcs, which offers 4,300 units of accommodation across five sites in the UK, has reported turnover and profit increased in the … view
................................................................................................
 
Saturday 24th August 2019
Deep Blue takes over Harry Ramsden estate, number of London pubs stabilises
Deep Blue takes over Harry Ramsden estate: Deep Blue Restaurants has acquired fellow fish and chip brand Harry Ramsden from Boparan Restaurant Group (BRG). The transaction sees Deep Blue take over the entire estate of the 90-year-old Harry Ram … view
................................................................................................
 
Friday 23rd August 2019
Friday Opinion
Subjects: Happy family meals, proposed health taxes aren’t so sweet, and end the gravy train
Authors: Glynn Davis, Steve Perez and Paul Chase 

Happy family meals by Glynn Davisview

................................................................................................
 
Friday 23rd August 2019
Jason Cotta hired as new chief executive of Ole & Steen
Jason Cotta hired as new chief executive of Ole & Steen: Jason Cotta has been hired as the new chief executive of Ole & Steen (Lagkagehuset in Denmark), as from Monday (26 August). He has broad experience of driving growth in the sector, most … view
................................................................................................
 
Friday 23rd August 2019
Propel Friday News Briefing
Bird secures new backing as part of a pre-pack administration: Bird, the fried chicken & waffles chain, has sold a majority stake to the Crown Partnership, as part of a pre-pack administration. As part of the deal, the group's Shoreditch … view
................................................................................................
 
Thursday 22nd August 2019
Propel Thursday News Briefing
Marco Pierre White brands Jamie Oliver ‘delusional’ for blaming restaurant company collapse on Brexit: Marco Pierre White has criticised Jamie Oliver for claiming Brexit was to blame for the collapse of his restaurant company and sugg … view
................................................................................................
 
Wednesday 21st August 2019
Propel Wednesday News Briefing
Casual Dining Group enhances staff rewards: Casual Dining Group (CDG) has rolled out a suite of financial services for employees including on-demand pay across all its brands. The company stated: “The move demonstrates the company’s c … view
................................................................................................
 
Tuesday 20th August 2019
Hong Kong-based property developer agrees cash offer for Greene King that values group at £4.6bn
Hong Kong-based property developer agrees cash offer for Greene King that values group at £4.6bn: CK Asset Holdings, a Hong Kong-based property developer, has agreed a cash offer for Greene King that values the pub group at £4.6bn. CK Asset … view
................................................................................................
 
Tuesday 20th August 2019
The Greene King takeover – Propel insights editor Mark Wingett gives his view
At the end of December 2015, Greene King reported that it was shipping 50,000 cases of India pale ale to China following a surge in demand after President Xi Jinping drank a pint of the beer with the then Prime Minister David Cameron on his stat … view
................................................................................................
 
Tuesday 20th August 2019
Propel Tuesday News Briefing
Goodbody – Greene King acquisition an attractive multiple for shareholders, M&B our top pick: Leisure analysts at broker Goodbody have said the proposed acquisition by Hong Kong-based property developer CK Asset Holdings (CKA) of G … view
................................................................................................
 
Monday 19th August 2019
CH&CO buys Mitie’s Gather & Gather business for up to £85m
CH&CO buys Mitie’s Gather & Gather business for up to £85m: Mitie Group has entered into an agreement to sell its Gather & Gather catering and hospitality business for a consideration of up to £85 million in cash (on a debt-free, cash-free … view
................................................................................................
 
Monday 19th August 2019
Propel Monday News Briefing
CGA and AlixPartners survey shows sixth consecutive quarterly drop in UK restaurant numbers: UK restaurant numbers have fallen for the sixth quarter in a row, the new edition of the Market Growth Monitor from CGA and AlixPartners has reve … view
................................................................................................
 
Monday 19th August 2019
CGA and AlixPartners survey shows sixth consecutive quarterly drop in UK restaurant numbers
CGA and AlixPartners survey shows sixth consecutive quarterly drop in UK restaurant numbers: UK restaurant numbers have fallen for the sixth quarter in a row, the new edition of the Market Growth Monitor from CGA and AlixPartners has revealed. … view
................................................................................................