Latest Briefing Archive Tab News Tab Events Tab Advertising Tab Contact Tab
 
Search our Previous Briefings
 
New Archive Heading
Current
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
 
Ei Group Banner
 
Navitus Banner
 
Casual Dining Banner
 
Wireless Social Banner
 
Trail Banner
 
BT Sports Banner
 
COREcruitment Banner
 
HGEM Banner
 
Zonal Banner
 
Sky Banner
 
Freeths Banner
 
Access Banner
 
Hospitality Jobs UK Banner
 
Star Pubs and Bars Banner
 
Venners Banner
 
liveRES Banner
 
Frobishers Banner
 
Lincoln & York Banner
 
Pipers Crisps Banner
 
Danish Crown 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
 
Friday 29th November 2013
Friday Opinion
Subjects: Pub closures, London restaurant differentiation and the alcohol reality gap
Authors: Richard Negus, Andrew Buchanan and Paul Chase

Pub closures: Too many or too few? by Andrew Buchananview

................................................................................................
 
Friday 29th November 2013
Benito's Hat, Ping Pong, Inventive, KFC, Marston's
Inventive Leisure reports 30% profit rise at Revolution invested sites: Inventive Leisure is to increase the planned investment in its Revolution vodka bar estate from £7m to £10m after invested sites saw a 30% rise in profits. The pla … view
................................................................................................
 
Thursday 28th November 2013
Breaking News - Marston's to operate 500 fewer pubs by 2016
Marston’s to operate 500 fewer pubs by 2016: Marston’s plans to evolve its pub estate so it’s operating 500 fewer pubs by 2016, with estate size shrinking from 2,050 sites to 1,550, finance director Andrew Andrea has told Propel. The com … view
................................................................................................
 
Thursday 28th November 2013
Breaking News - C-store and supermarket chains eye Marston's package
NewRiver Retail – strong interest from supermarkets and C-stores for Marston’s pubs: NewRiver Retail has reported strong interest from supermarket and convenience store chains for sites among the 202 pubs it bought today for £90m from Mar … view
................................................................................................
 
Thursday 28th November 2013
Breaking News - Marston’s sells 202 pubs for £90m to REIT
Marston’s sells 202 pubs for £90m to REIT: Midlands brewers and retailer Marston’s has sold 202 pubs for £90m, at a sale price of 7.6x EBITDA, to NewRiver Retail Limited, a leading specialist REIT focused on the UK food and value retail … view
................................................................................................
 
Thursday 28th November 2013
BrewDog, Domino's, Frankie & Benny's, Polpo, Starbucks
Simon French – M&B figures suggest like-for-like declines of 2.3% outside of the M25: Panmure Gordon leisure analyst Simon French has issued a “Sell” note on Mitchells & Butlers after this week’s full-year results, pointing out th … view
................................................................................................
 
Wednesday 27th November 2013
Breaking News - Punch reports 1.4% net income boost in core estate
Punch reports 1.4% like-for-like net income boost in core estate: Punch Taverns has reported that first quarter trading for the 12 weeks to 9 November 2013 was positive with like-for-like net income in the core estate up 1.4%. Trading in … view
................................................................................................
 
Wednesday 27th November 2013
Craft beer, Leon, JW Lees, Greene King, JD Wetherspoon
Casual dining operators told to look at engaging women with craft beer: Savvy casual dining operators may want to explore ways to engage women with craft beer, according to the American beverage industry newsletter Vibe. The newsletter ba … view
................................................................................................
 
Tuesday 26th November 2013
Breaking News - West Cornwall Pasty Company hit by VAT rise; Nando results
West Cornwall Pasty Company reports turnover down, losses widen: West Cornwall Pasty Company has reported it has been hit by the imposition of VAT on hot takeaway products. Turnover dropped to £21,334,280 in the 53 weeks ended 1 March th … view
................................................................................................
 
Tuesday 26th November 2013
Breaking News - Alistair Darby - we lost 20% of volumes at Crown Carveries
Alistair Darby – ‘we lost 20% of volumes at Crown Carveries’: Mitchells & Butlers (M&B) chief executive Alistair Darby has reported that moving the cost of the best-value main meal at the 110-strong Crown Carveries estate above £4 cost … view
................................................................................................
 
Tuesday 26th November 2013
Breaking News - Mitchells & Butlers reports 0.4% sales growth
M&B reports 0.4% like-for-like sales growth: Mitchells & Butlers has reported 0.4% like-for-like sales growth in the 52 weeks ended on 28 September. Profit before tax was £150m (FY 2012: £83m). Total sales grew 2.2% to £1,895m. Operati … view
................................................................................................
 
Tuesday 26th November 2013
Bill's, Crowdcube, Giraffe, Oakman Inns, Wagamama
Crowdcube claims 78% of UK crowd-funding market: Crowd-funding website Crowdcube has claimed to have captured 78% of the UK crowd-funding market, raising £16m of the £20m invested this way so far in the UK. A total of 23 of the 70 compa … view
................................................................................................
 
Monday 25th November 2013
Breaking News - Brewer plans chain of craft beer bars
Arran Brewery plans chain of craft beer bars as it launches crowd-funding push: The Arran Brewery has launched a crowd-funding initiative, aiming to raise £4m to upgrade its brewery on Arran, develop two new breweries on the mainland, a … view
................................................................................................
 
Monday 25th November 2013
La Sala, Greene King, Fuller's, JDW, VAT Club
JD Wetherspoon exchanges on first pub in Eire: Pub operator JD Wetherspoon has exchanged contracts to purchase its first pub in the Republic of Ireland. The Watford-based company has purchased The Tonic Bar in Temple Road, Carydfort Avenu … view
................................................................................................
 
Sunday 24th November 2013
Sunday Breaking News
Lucky Voice signs deal with Luminar: Karaoke business Lucky Voice has signed a deal with nightclub operator Luminar to install the first Lucky Voice pod within its estate – at its Kingston nightclub Pryzm as part of a £1m re-launch of … view
................................................................................................
 
Friday 22nd November 2013
Friday Opinion
Subjects: Isolated boardrooms, Ted Tuppen, waiting staff, profit split between pubcos and tenants
Authors: Tim Martin, Martyn Cornell, Ann Elliott and Peter Holden

Why isolated boardrooms need to l … view

................................................................................................
 
Friday 22nd November 2013
Breaking News - Fuller’s reports “industry-leading” 7.9% LfLs
Fuller’s reports “industry-leading” 7.9% LfLs: London brewer and retailer Fuller’s has reported “industry-leading like-for-like sales growth of 7.9%” led by strong food growth of 11.8% in the 28 weeks to 28 September. Managed pubs … view
................................................................................................
 
Friday 22nd November 2013
Tim Martin, Cosmo, Geronimo, Glendola, Pitcher & Piano
Tim Martin – pub companies need to listen to their licensees: JD Wetherspoon founder Tim Martin has argued that major pub companies do not understand the threats to the sector as well as their licensees. In an article for Propel Opinion … view
................................................................................................
 
Thursday 21st November 2013
Breaking News - Analyst: growing demand backdrop for expansion
Analyst: growing demand backdrop for expansion: Numis Securities leisure analyst Douglas Jack has issued an upbeat investment note on the growth prospects for a number of major quoted sector companies. He said: “Capital is flowing and consum … view
................................................................................................
 
Thursday 21st November 2013
Breaking News - Young’s report like-for-likes up 6% in first half
Young’s report like-for-likes up 6% in first half: London pub operator Young’s has reported sales up 8% with 6% like-for-likes in the 26 weeks ended 30 September - like-for-likes have grown 4.6% in the first seven weeks of the company … view
................................................................................................
 
Thursday 21st November 2013
Bramwell, Greene King, KFC, Polpo, Tuk Cho
Eight in ten hospitality operators use Twitter and Facebook: A survey by Propel Info in partnership with iTradeNetwork has found that more than eight out of ten hospitality operators use Twitter and Facebook to promote their businesses. T … view
................................................................................................
 
Wednesday 20th November 2013
Breaking News - Eclectic floats on AIM in £15m fundraising
Eclectic floats on AIM in £15m fundraising: The premium bar operator Eclectic and its backer Avanti Capital have raised £15m in a float that will see the company's shares traded on AIM from 28 November. The float is the first by a bar operat … view
................................................................................................
 
Wednesday 20th November 2013
Enterprise, City Pub Company, Hard Rock, Jimmy's World Buffet, TCG
Enterprise cuts business failures among its publicans by 21%; Tuppen reports “lot of opportunities” to be considered post retirement: Enterprise Inns has cut business failures among its publicans by 21%, from 734 in 2012 to 579 in 201 … view
................................................................................................
 
Tuesday 19th November 2013
Breaking News - Admiral reports £7.4m PBT in five-month period
Admiral Taverns reports £7,410,000 profit before tax in five months: Admiral Taverns, the operator of 1,030 tenanted pubs has reported a pre-tax profit of £7,410,000 and turnover of £36,426,000 in the five 23 weeks after its acquisition by … view
................................................................................................
 
Tuesday 19th November 2013
Breaking News - Enterprise Inns to explore managed division
Enterprise Inns to explore managed division: Simon Townsend, the chief executive designate at Enterprise Inns, told analysts today that the company was considering turning pubs towards the upper end of its estate into directly managed operatio … view
................................................................................................
 
Tuesday 19th November 2013
Breaking News - Ted Tuppen farewell remarks in full
Ted Tuppen farewell remarks – “I have a great team in place”: Enterprise chief executive Ted Tuppen has made his farewell remarks to City analysts, stressing his confidence in the current position of the company and his team. He tol … view
................................................................................................
 
Tuesday 19th November 2013
Breaking News - Enterprise reports 0.6% growth net income in Fourth Quarter
Enterprise reports 0.6% like-for-like net income growth in Fourth Quarter: Enterprise Inns has reported like-for-like net income growth of 0.6% in the final quarter and a decline of 2.9% for the full year. EBITDA before exceptional items was … view
................................................................................................
 
Tuesday 19th November 2013
Breaking News - Ted Tuppin to step down
Ted Tuppen to step down as Enterprise chief executive: Ted Tuppen will retire as chief executive of Enterprise Inns on 6 February 2014 and is expected to leave the company on 19 May 2014. He will be succeeded by Simon Townsend, currently chief … view
................................................................................................
 
Tuesday 19th November 2013
Costa, ETM Group, InnBrighton, Punch Taverns, Tragus
Pizza Rossa smashes crowd-funding target: Pizza Rossa, the start-up that aims to operate a chain of quick-service pizzerias, has smashed its crowd-funding target through Crowdcube, with £440,000 raised from 122 investors. The company had … view
................................................................................................
 
Monday 18th November 2013
Business rates, Gail’s, McDonald’s, Miller & Carter, JD Wetherspoon
Luke Johnson – profits at Gail’s Artisan Bakery have trebled and is set to make £6.5m profit this year: Sector investor Luke Johnson has reported that profits at Gail’s Artisan Bakery have trebled since his private equity firm, Ris … view
................................................................................................
 
Friday 15th November 2013
Breaking News - Stonegate acquires 78 Bramwell pubs
Stonegate acquires 78 Bramwell pubs: Stonegate Pub Company has acquired 78 sites from the administrator of the Bramwell Pub Company. Toby Smith, chief executive of Stonegate said: “We are delighted to have been able to secure a large number … view
................................................................................................
 
Friday 15th November 2013
Friday Opinion
Subjects: Instagram, transforming local pubs, US trends in 2014 and the monstering of alcohol
Authors: Martyn Cornell, David Singleton, Darren Tristano and Paul Chase

Instagram – the restaurateur … view

................................................................................................
 
Friday 15th November 2013
Benugo, Coffee Republic, Star Pubs, Wellington, Whitbread
Spirit brews special beer for Taylor Walker chain: Spirit Pub Company has commissioned a special beer for its Taylor Walker chain of upmarket pubs which has links with the original Taylor Walker brewery. The beer, called 1730 Special Pale … view
................................................................................................
 
Thursday 14th November 2013
Breaking News - Orchid reports detailed Return on Investment
Orchid reports detailed Return on Investment: Orchid Pub Company has reported that investment on pubs in every division is being rewarded with outstanding Return on Investment (ROI) one year on from the start of a £20m investment programme. … view
................................................................................................
 
Thursday 14th November 2013
Busabi Eathai, multi-site management, VAT campaign, Punch
Propel and Professor Christian Edger launch multi-site management masterclass: Propel has partnered Professor Christian Edger to launch an industry first – a multi-site management masterclass. A leading authority, Professor Edger is the … view
................................................................................................
 
Wednesday 13th November 2013
TGI Friday’s achieves UK hygiene first; targets 120 sites
TGI Friday’s achieves UK hygiene first; targets 120 sites: TGI Friday’s has become the first UK national restaurant chain to win a five star hygiene rating for its entire 60-strong estate. Operators have repeatedly referred to the growing … view
................................................................................................
 
Wednesday 13th November 2013
Breaking News - Gourmet Burger Kitchen reports profit boost
Gourmet Burger Kitchen reports profit increase: Gourmet Burger Kitchen, the better burger offer owned by Nando’s, has reported a 4.1% rise in turnover to £40,653,00 in the year to 24 February. The company achieved a 57.5% increase in p … view
................................................................................................
 
Wednesday 13th November 2013
Beer prices, October sales, City Pub Company, Everards, Hawksmoor, Nando's
City Pub reports profit ahead of £10m EIS fundraising: City Pub Company, the new EIS vehicle led by Clive Watson and David Bruce, has reported a jump in profit ahead of the next £10m round of fund-raising, due to be launched within a fo … view
................................................................................................
 
Tuesday 12th November 2013
Breaking News – PE firm buys majority stake in coaching inn business
Kings Park Capital buys majority stake in coaching inn business: Private equity firm Kings Park Capital (KPC), led by Jason Katz, has acquired a majority stake in Inn Collection for a total transaction value of £10 million. Inn Collection com … view
................................................................................................
 
Tuesday 12th November 2013
Crowdcube, Imbiba, Jamie's, Loungers, Soho House
Crowdcube – a third of our funded companies in food and drink sector: The crowd-funding website Crowdcube has raised £11m so far this year, with 23 of the 70 companies that have raised funding through Crowdcube, or one third, coming fr … view
................................................................................................
 
Monday 11th November 2013
Agent releases Bramwell sites to market
Christie + Co releases list of Bramwell sites for sale: A list of 35 Bramwell Pub Company sites now on the market has been released by agent Christie & Co, with three-year turnover figures. The sites are: Gravity, High Cross Buildings, Hi … view
................................................................................................
 
Monday 11th November 2013
Marston's, PizzaExpress, Restaurant Group, Whole Food Markets
Marston’s chairman – ‘we are a chronically overtaxed sector’: Marston’s new chairman Roger Devlin has argued that the sector is chronically over-taxed. He told the Business in Sport and Leisure conference: “We are a chronicall … view
................................................................................................
 
Sunday 10th November 2013
Weekend News Update
LT Pub Management partners iNTERTAIN in procurement review: The sector’s leading out-sourced management and back office services company, LT Pub Management, has partnered Walkabout operator iNTERTAIN to oversee the key early stages of i … view
................................................................................................
 
Friday 8th November 2013
Friday Opinion
Subjects: Stock market excitement, the Next big thing, missed tricks with female customers, and an academic view of the craft beer debate
Authors: Paul Charity, Martyn Cornell, Ann Elliott and Francis Patton/Guy Lincolnview
................................................................................................
 
Friday 8th November 2013
Orchid, Just Falafel, London restaurants, McDonald's, TGI Friday's
Orchid - Pizza Kitchen & Bar could be expanded to 800 sites; we’re staying independent: Orchid Pub Company’s Pizza Kitchen Bar concept, which has been described as a “genre-buster” for the way it combines a high quality pizza offe … view
................................................................................................
 
Thursday 7th November 2013
Ed's Easy Diner, Leeds Trinity, St Austell, Tuk Cho, Whitbread
Marco Pierre White – young people seem to have lost my generation’s work ethic: Chef-turned-entrepreneur Marco Pierre White has questioned whether young kitchen staff nowadays share his generation’s work ethic. He told Propel: “I … view
................................................................................................
 
Wednesday 6th November 2013
Breaking News - Tim Martin: "Bramwell is a busted flush"
Tim Martin – “we have no interest in Bramwell, it’s a busted flush”: JD Wetherspoon founder Tim Martin has told Propel that the company has no interest in buying packages of Bramwell Pub Company sites – although the odd one or two si … view
................................................................................................
 
Wednesday 6th November 2013
JDW reports 3.7% LFLs; increases new openings
JDW reports 3.7% LFLs; increases new openings: JD Wetherspoon has reported a 3.7% rise in like-for-like sales in the quarter to 27 October, with total sales up 7.6%. The company has also increased its guidance on new openings with as many as 5 … view
................................................................................................
 
Wednesday 6th November 2013
Bramwell, Bull's Head, Burningnight, Patisserie Valerie, Starbucks
Burningnight Group seeks funding to expand – from the right partner: Burningnight Group, the operator of the three-strong Bierkeller multi-bar complex, is looking for funding to expand but wants to find the right “like-minded” fundi … view
................................................................................................
 
Tuesday 5th November 2013
Breaking News - Patisserie Valerie signs Next deal
Patisserie Valerie signs deal to open within Next shops: Patisserie Valerie has signed a deal to open within Next stores in a trial involving three sites. It is the first time that Patisserie Valerie has taken a concession within a retail … view
................................................................................................
 
Tuesday 5th November 2013
BrewDog, Brunning & Price, JDW, personal licences, Starbucks
Tim Martin – scrapping personal licence system would be a mistake: JD Wetherspoon founder Tim Martin has voiced his opposition to the scrapping of a national system of personal licences as is proposed. Martin told Propel: “It does not … view
................................................................................................
 
Monday 4th November 2013
Breaking News - Punch to reveal restructuring proposals in December
Punch to reveal restructuring proposals in December: Punch Taverns has reported that it will unveil a revised restructuring proposal in early December “with the broadest level of support achieveable at that time”. The company will then for … view
................................................................................................
 
Monday 4th November 2013
Amber Taverns, Enterprise, 3Sixty, Wadworth, Wagamama
Jamie Rollo – the risk of a serious credit event at Enterprise Inns has disappeared: Morgan Stanley leisure analyst Jamie Rollo has argued that the threat of a serious credit event at Enterprise Inns has disappeared. He stated: “At Qu … view
................................................................................................
 
Sunday 3rd November 2013
Trade buyers and private equity mull Orchid acquisition
Trade buyers and private equity mull Orchid acquisition: A range of private equity and trade buyers are mulling bids for Orchid Pub Company. The Sunday Times has this morning reported that Spirit Pub Company is among the trade buyers cons … view
................................................................................................
 
Friday 1st November 2013
Zolfo Cooper closes 29 Bramwell Pub Company sites
Zolfo Cooper closes 29 Bramwell Pub Company sites: Zolfo Cooper, which placed Bramwell Pub Company in administration yesterday, has closed 29 sites from the tail-end of the 185-strong estate. The sites will be placed on the market with the age … view
................................................................................................
 
Friday 1st November 2013
Friday Opinion
Subjects: Wine scarcity, pathways for tenanted pubcos, the future of licensing policy and tenanted pubco codes of practice
Authors: Martyn Cornell, Chris Gerard, Paul Chase and Peter Holden

The win … view

................................................................................................
 
Friday 1st November 2013
Bramwell, Browns, Harry Ramsden's, Pizza Rossa
LT Pub Management hired to run Bramwell: Industry sources report that LT Pub Management, the sector’s leading out-sourced management company, has been appointed by administrator Zolfo Cooper to run the Bramwell Pub Company after it was … view
................................................................................................