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Tuesday 31st March 2015
10 Minutes with PizzaLuxe founder Paul Goodale
PizzaLuxe attracts circa £100,000 of investment since the weekend: PizzaLuxe, the fledgling better pizza operator led by Harrods’ former director of food, Paul Goodale, has attracted circa £100,000 of investment since the weekend after all … view
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Tuesday 31st March 2015
Redcomb looks to raise £6.5m, buys Marco Pierre White freehold
Redcomb looks to raise £6.5m, buys Marco Pierre White freehold: Redcomb Pubs has acquired the freehold of the Carnarvon Arms in Burghclere, Newbury from RBS, in a deal worth over £2m – and is looking to raise £6.5m. The ex-Marco Pierre Wh … view
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Tuesday 31st March 2015
Marston’s buys Daniel Thwaites brewing division operation
Marston’s buys Daniel Thwaites brewing division operation: Marston’s has reached agreement with Daniel Thwaites to acquire the trading operations of Thwaites’ beer division. The acquisition includes two leading, premium brands: Wainwrigh … view
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Tuesday 31st March 2015
Thai Leisure Group eyes 14 openings in two years after £10m injection
Thai Leisure Group eyes 14 openings in two years after £10m injection: Thai Leisure Group (TLG), which currently operates 11 restaurants and four cocktail bars across the north of England and Scotland, has secured a £10m cash injection to ai … view
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Tuesday 31st March 2015
Heineken re-organises regions and senior management
Heineken re-organises regions and senior management: Heineken has reorganised its regions and senior management structure to “accelerate the delivery of its global strategy”. The changes will allow the business to “better focus on g … view
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Tuesday 31st March 2015
Propel Tuesday News Briefing
Gerald Eve – West End restaurant operators set to see business rates soar: Restaurant operators in high quality West End and central London locations will be the big losers in the next business rates revaluation with increases of betwee … view
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Monday 30th March 2015
Fulham Shore acquires Franco Manca pizza business
Fulham Shore acquires Franco Manca pizza business: Fulham Shore has conditionally agreed to buy 99% of the shares in Rocca, the owner of the Franco Manca restaurant group, which specialises in Neapolitan sourdough pizza and currently has … view
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Monday 30th March 2015
Propel Monday News Briefing
Bulldog secures £4.5m investment from Business Growth Fund: Coaching inn operator Bulldog Hotel Group has secured a £4.5m investment from the Business Growth Fund (BGF) to support a planned £20 million expansion across England. The bus … view
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Friday 27th March 2015
Friday Opinion
Subjects: Mysteries of cask ale, dual universes and developing staff
Authors: Martyn Cornell, Paul Chase and Chris Cooper

 

The importance of uncovering the mysteries of cask beer to all bar staff, by Martyn Cornell

I was tal … view
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Friday 27th March 2015
Personal licence renewals ‘scrapped’
Personal licence renewals ‘scrapped’: The Home Office has confirmed the abolition of personal licence renewals from 1 April 2015. Solicitor John Gaunt said: “This news, just confirmed by the Home Office, is what operators have been waiti … view
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Friday 27th March 2015
UK accounts for 15 of Europe’s top 25 casual dining brands
UK accounts for 15 of Europe’s top 25 casual dining brands: The UK foodservice sector currently accounts for 15 of Europe’s top 25 performing casual dining brands by sales, insights firm Horizons has reported. The UK brands in the list are … view
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Friday 27th March 2015
Analyst – Restaurant Group to provide some of best growth in sector
Analyst – Restaurant Group to provide some of best growth in sector: Deutsche Bank leisure analyst Geof Collyer has argued that The Restaurant Group (RTN) is poised to provide some of the best growth in the sector in the net five years. … view
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Friday 27th March 2015
Propel Friday News Briefing
Fast-casual sector performs best in US market in 2014 with 12.8% sales growth: The 500 largest restaurant chains in the United States accelerated their cumulative sales growth in 2014 to put in a 4% increase, totalling an estimated $274.4bn, T … view
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Thursday 26th March 2015
SSP partners James Martin to launch bakery concept
SSP partners James Martin to launch bakery concept: SSP UK, the transport hub foodservice specialist, has partnered with celebrity chef and television presenter James Martin to operate the first ever James Martin Kitchen, to be located at Stan … view
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Thursday 26th March 2015
Analyst – we think Whitbread is set to unveil its 2020 milestones
Analyst – we think Whitbread is set to unveil its 2020 milestones: Morgan Stanley leisure analyst Jamie Rollo has forecast that Whitbread is to set out its 2020 milestone for expanding the business – he has increased his price target … view
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Thursday 26th March 2015
Propel Thursday News Briefing
SA Brain reports 10% Ebitda boost: The leading independent brewer and hospitality operator in Wales, Cardiff-based SA Brain, has announced annual results that show operating profit acceleration and sales growth. For the year ending 30 Sep … view
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Wednesday 25th March 2015
Update: Molson Coors, Leeds site demand, Jason Atherton
Jason Atherton to launch sixth site, focus on wines: Chef Jason Atherton's business The Social Company will launch a sixth site this June, Social Wine & Tapas on James Street in Marylebone, London. The 70 cover bar and restaurant will off … view
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Wednesday 25th March 2015
Adnams reports highest ever beer production
Adnams reports highest ever beer production: Suffolk brewer and retailer Adnams has reported its highest ever beer production – 95,000 barrels – in the year to 31 December 2014 – and is now expanding its brewery and distillery. Oper … view
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Wednesday 25th March 2015
Propel Wednesday News Briefing
Center Parcs chief credits company's success to sticking to founder's original vision: Center Parcs, the holiday village company, has remained successful by sticking firmly to the vision that its Dutch founder, Piet Derksen, had in the 1950s w … view
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Tuesday 24th March 2015
Flavourly smashes crowd-funding target after rejecting Dragons’ Den offer
Flavourly smashes crowd-funding target after rejecting Dragons’ Den offer: Flavourly, the gourmet food, snacks and craft beer subscription club that turned down four investment offers from TV’s Dragons’ Den, has raised more than £300,00 … view
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Tuesday 24th March 2015
G1 Group named as UK top offender for not paying minimum wage
G1 Group named as UK top offender for not paying minimum wage: Scotland’s largest managed pub and restaurant operator G1 Group has been named top offender in the UK for not paying the minimum wage out of 48 companies across the UK highlighte … view
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Tuesday 24th March 2015
Enterprise Inns add non-executive director
Enterprise Inns add non-executive director: Enterprise Inns has added Marisa Cassoni to its board as a new non-executive director, starting on 1 April. She will serve on the Audit, Nomination and Remuneration committees of the Board. Cass … view
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Tuesday 24th March 2015
Propel Tuesday News Briefing
Casual Dining Group chairman Martin Robinson – the sector will see category blurring: Martin Robinson, who chairs Casual Dining Group and Center Parcs, has argued that the sector will see an increasing blurring of foodservice segments i … view
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Monday 23rd March 2015
Crowdfunding Big Easy projects sales of £31.5m from four sites
Crowdfunding Big Easy projects sales of £31.5m from five sites: Big Easy, the US-style barbecue and lobster shack restaurant with two sites in London that is looking to raise up to £5m through a 8% interest three-year mini-bond, has projecte … view
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Monday 23rd March 2015
Update: Wrap It Up! crowd-funding, New PE menu, City Pubco momentum, Belu
Wrap It Up! to launch crowd-funding push: Wrap it Up! is set to launch a crowd-funding drive on Crowdcube in the next two to three weeks, looking to raise £400,000 in exchange for 6.25% of the company. The company has 12 sites and curren … view
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Monday 23rd March 2015
Domino’s Poland reports “step-change” in store performance
Domino’s Poland reports “step-change” in store performance: Domino’s Poland has reported system sales up 35% for the full year to 31 December 2014. It has seen nine consecutive quarters of double digit like-for-like system sales growth … view
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Monday 23rd March 2015
Propel Monday News Briefing
Greene King – household spend on eating out grows 7% year-on-year in February, seventh consecutive month of growth: In February, the average British household spent £196 on leisure, down 4% versus the same time last year but an increas … view
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Friday 20th March 2015
Friday Opinion
Subjects: Permitted Rights Development, the Budget, Greene King IPA and customer feedback
Authors: Peter Marks, Kate Nicholls, Martyn Cornell and Carl Platia

The dangers of Permitted Rights … view

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Friday 20th March 2015
Tesco insulates itself from indexed rent reviews
Tesco insulates itself from indexed rent reviews: Tesco, which is in the midst of re-shaping its strategy, has regained sole ownership of 21 superstores in a transaction with British Land aimed at insulating itself from indexed rent incre … view
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Friday 20th March 2015
Propel Friday News Briefing
Luminar boss – Permitted Development Rights are a nightmare for the sector: The chief executive of the nightclub operator Luminar, Peter Marks, has argued that the threat to existing pubs, bars and nightclubs since the introduction of Permit … view
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Thursday 19th March 2015
Administrator – Marco Pierre White pubs needed focus on revenue and margins
Administrator – Marco Pierre White pubs needed focus on revenue and margins: Administrator Alix Partners, formerly known as Zolfo Cooper, has reported that the performance of the Horatio Inns pub estate in Norfolk, in which Marco Pierre Whit … view
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Thursday 19th March 2015
Trade body – 72% of Scottish pubs say drink sales down by 10% plus
Trade body – 72% of Scottish pubs say drink sales down by 10% plus: A survey of 400 Scottish licensees has found 29% reporting an overall decline in like-for-like sales of more than 10% since the drink drive limit was lowered. A total of 64% … view
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Thursday 19th March 2015
Intertain to invest £3m in 2015 after restructuring completes
Intertain to invest £3m in 2015 after restructuring completes: Walkabout operator Intertain is planning to invest circa £3m in the estate this calendar year after its restructuring was completed today. The company, which is led by John Lesli … view
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Thursday 19th March 2015
Propel Thursday News Briefing
Horizons – variety of positive trends now supporting sector growth: The foodservice sector is now set for strong growth propelled by a variety of positive trends, Horizons managing director Peter Backman has told the Propel Multi Club Confer … view
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Wednesday 18th March 2015
Starbucks sets out new delivery models and ‘social conscience’ initiatives
Starbucks sets out new delivery models and ‘social conscience’ initiatives: Starbucks has set out new delivery models in the US to grow market capitalisation to $100 billion – and outlined new initiatives to deepen the company’s involv … view
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Wednesday 18th March 2015
City Pub Company to donate £25,000 to coalition after duty cut
City Pub Company to donate £25,000 to coalition after duty cut: The City Pub Company is to donate £25,000 to the coalition after George Osborne reduced beer duty by a 1p today, the third consecutive Budget duty cut. Clive Watson, chairman of … view
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Wednesday 18th March 2015
Osborne takes another penny off beer duty
Osborne takes another penny off beer duty: Chancellor George Osborne has slashed duty on beer by a penny for the third consecutive year. Osborne is also cutting cider duty and whisky duty by 2%, with wine duty frozen. CAMRA chief executive Tim … view
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Wednesday 18th March 2015
Peel Hunt issues 'Buy' note on Patisserie Valerie
Nick Batram issues ‘Buy’ note on Patisserie Valerie: Peel Hunt leisure analyst Nick Batram has initiated coverage of Patisserie Valerie with a ‘Buy’ note, arguing the company has untapped upside. He said: “Patisserie Holdings, w … view
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Wednesday 18th March 2015
Propel Wednesday News Briefing
Horizons – multi-site operators set to take 60% market share in 2015: Multi-site foodservice companies, those with five or more outlets, are set to take almost 60% of the market this year and will continue to tighten their grip on the sector … view
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Tuesday 17th March 2015
Downing reports £3.8m profit from four Antic pubs
Downing reports £3.8m profit from four Antic pubs: Investment fund Downing has reported a £3.8m profit from its investment in four freehold pubs run by Antic London. The fund stated: “In September 2009, our VCTs (Downing Two, Downing Three … view
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Tuesday 17th March 2015
Just Eat reports underlying Ebitda up 131%
Just Eat reports underlying Ebitda up 131%: Just Eat, the leading online market place for restaurant delivery, has reported sales grew 62% to £157m in the year to 31 December 2014. It now has a network of 8.1 million active linked to ove … view
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Tuesday 17th March 2015
Propel Tuesday News Briefing
Doubts raised over business rates review: Doubts have been raised about how helpful the government’s review of business rates will be given its “terms of reference” which make it clear it will be “fiscally neutral”, meaning the … view
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Monday 16th March 2015
YO! Sushi expands delivery across London
YO! Sushi expands delivery across London: YO! Sushi, has partnered with dinein.co.uk, a delivery website, to make YO! Sushi’s takeaway menu accessible to homes, offices and customers on-the-go across London – dinein.co.uk, will create a be … view
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Monday 16th March 2015
Propel Monday News Briefing
Casual Dining Group reports rapid progress in plan to double profits – and eyes expansion to 500 sites: The Casual Dining Group (CDG), formerly the Tragus Group, has revealed rapid progress on its plan to double profits from its current … view
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Sunday 15th March 2015
Pod to extend Starbucks link-up after successful trial period
Pod to extend Starbucks link-up after successful trial period: Healthy eating brand Pod, which operates 23 sites, is set to extend its relationship with Starbucks after a successful trial in three of the company’s London stores. As part of t … view
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Friday 13th March 2015
Hutson – JDW has already hired extra labour in anticipation of greater breakfast trade
Hutson – JDW has already hired extra labour in anticipation of greater breakfast trade: JD Wetherspoon has already taken on more staff in anticipation of greater breakfast trade from its move to offer filter coffee, with free refills, at 99p … view
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Friday 13th March 2015
Friday Opinion
Subjects: McDonald’s underlying strength, nationalised pubs, limits of partnership and hidden costs of protecting the future
Authors: Paul Charity, Martyn Cornell, Paul Chase and Martyn Roslyn

Mc … view

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Friday 13th March 2015
JDW aims to triple breakfast and coffee sales within 18 months
JD Wetherspoon aims to triple coffee and breakfast sales in 18 months: JD Wetherspoon is to reduce coffee and breakfast prices with the aim of tripling sales in 18 months. The move comes as like-for-like sales growth slowed to 1.6% in the … view
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Friday 13th March 2015
Propel Friday News Briefing
Inventive founders set to roll-out pub brand after runaway success of first site: A modern pub concept created by Inventive Leisure founders Roy Ellis and Neil McLeod and celebrity chef Simon Rimmer is set to be rolled out after the first … view
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Thursday 12th March 2015
Update: Eagle Eye, Cineworld, Essenden
Eagle Eye to raise £4m: Eagle Eye, the provider of digital consumer engagement solutions to the retail and hospitality industries, is raising £4m by placing 2,013,114 new shares, representing approximately 9.99% of the company’s exist … view
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Thursday 12th March 2015
Propel Thursday News Briefing
Pub and restaurant LFLs up 1.6% in February for 23rd month of gains: Leading managed pub and restaurant groups saw collective like-for-like sales rise 1.6% in February, according to the latest Coffer Peach Business Tracker figures, continuing … view
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Wednesday 11th March 2015
Update: Antic buys craft brewery, Scotland trade hit
Research shows 75% of licensees in Scotland hit by lower drink drive laws: Research carried out among BII Scotland members has shown a dramatic impact on pub businesses following the introduction of the lower drink-driving limit with 75% … view
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Wednesday 11th March 2015
Analyst - Govt has watered down Market Rent Only option
Douglas Jack – Government has watered down the Market Rent Only option: Numis Securities leisure analyst Douglas Jack has argued that the government has given tenanted pub companies options to mitigate the effect of the Market Rent Only opti … view
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Wednesday 11th March 2015
Propel Wednesday News Briefing
ALMR to survey operators on online booking and comparison website amid rising concerns: The Association of Licensed Multiple Retailers (ALMR) is surveying operators on their experiences with open review and comparison websites. The survey come … view
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Tuesday 10th March 2015
Update: Gordon Ramsay, Chilango, MEATliquor
Gordon Ramsay to open in Macau: Gordon Ramsay Group, in partnership with Sands China, will open its first restaurant in Sands Cotai Central, Macau. Sands Cotai Central is part of the integrated resort city of Sands Resorts Cotai Strip Mac … view
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Tuesday 10th March 2015
Propel Tuesday News Briefing
BrewDog receives £1.5m grant from Scottish government to expand: Scottish brewer and retailer BrewDog is to expand its brewery in Ellon, Aberdeenshire having been awarded £1.5 million in Regional Selective Assistance (RSA) grants from Scotti … view
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Monday 9th March 2015
McDonald’s reports lfls down chunky 4% in US in February
McDonald’s reports lfls down chunky 4% in US in February: McDonald's has reported a fall in global like-for-like sales of 1.7% in February, with like-for-like sales in the United States down 4%, Europe up 0.7% and the region down 4.4%. The c … view
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Monday 9th March 2015
JD Wetherspoon refutes £17m bid report
JD Wetherspoon refutes £17m bid report: Wetherspoon has refuted articles in the Publican’s Morning Advertiser and M&C Report which claimed that it had a bid of more than £17 million rejected for a number of Sports Bar & Grill outlets. … view
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Monday 9th March 2015
Propel Monday News Briefing
Greene King to offer another 2,000 apprenticeships: Greene King has reaffirmed its commitment to providing opportunities for young people by offering a further 2,000 apprenticeships over the next 12 months. The company will work wi … view
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Saturday 7th March 2015
Camden Town Brewery hits £1.5m crowdfunding target
Camden Town Brewery hits £1.5m crowdfunding target: Camden Town Brewery has today hit its target in a crowdfunding campaign on Crowdcube less than a month after launching, raising more £1.5m in return for 2% of its equity. So far, 1408 … view
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Friday 6th March 2015
Friday Opinion
Subjects: Giving nightclubs a break, classification confusion and an accommodation break-through
 
Authors: Kate Nicholls, Peter Holden and Ann Elliott

 

It’s time to stop clubbing our nightclubs by Kate Nicholls

The li … view
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Friday 6th March 2015
Propel Friday News Briefing
Lidl targets gastropub customers after signing up Michelin pub chef: The cut-price supermarket chain Lidl has sign a three-year deal with Michelin-starred chef Kevin Love, previously head chef at Heston Blumenthal’s Hind’s Head gastropub i … view
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Thursday 5th March 2015
JDW to serve first rotisserie offer at giant airport site
JD Wetherspoon to serve rotisserie food at giant airport site: JD Wetherspoon is investing £2.7m to double the size of its Windmill site at Stansted airport – the only pub in the airport. The pub will open this month with more than 7,0 … view
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Thursday 5th March 2015
Propel Thursday News Briefing
Luminar in advanced talks with two more comedy club companies as it invests in entertainment: Nightclub company Luminar is in advanced talks with two more comedy club companies, Manfords and Just a Tonic, as it boosts investment in entertainme … view
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Wednesday 4th March 2015
Greggs reports year of exceptional progress with PBT up 41.1%
Greggs reports year of exceptional progress with PBT up 41.1%: Greggs, the bakery retailer with 1,650 sites, has reported a year of “exceptional progress” in the year to 3 January 2015. Total sales rose 5.5% to £804.0m (2013: £762.4 … view
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Wednesday 4th March 2015
Propel Wednesday News Briefing
Camra – 500 election candidates have pledged active support for the pub sector: The Campaign for Real Ale (Camra) has revealed that 500 election candidates from across the parties have pledged support for community pubs and real ale ahead of … view
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Tuesday 3rd March 2015
Square Pie hires new chief executive
Square Pie hires new chief executive: Square Pie, the restaurant group with grocery and hospitality operations, has hired Nabil Subuh as its new chief executive. Subuh joins the business, which this year celebrates its fourteenth birthday, fro … view
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Tuesday 3rd March 2015
Punch Taverns hires new chief executive
Punch Taverns hires new chief executive: Punch Taverns has hired Duncan Garrood as its new chief executive. He will join Punch from MH Alshaya where he has been the President of the Food Division, since 2009, with broad responsibility acr … view
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Tuesday 3rd March 2015
Propel Tuesday News Briefing
Tragus Group is re-named Casual Dining Group as it plans 70 new openings: Tragus Group, the operator of the Bella Italia and Café Rouge brands led by Steve Richards, has been renamed the Casual Dining Group. The company now plans to crea … view
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Monday 2nd March 2015
Butcombe hires Molson Coors craft expert Stuart Howe
Butcombe hires Molson Coors craft expert Stuart Howe: Butcombe Brewery has hired Stuart Howe as director of brewing. Howe is recognised as one of the leading brewers and innovators in the industry and joins Butcombe from Molson-Coors Craft, wh … view
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Monday 2nd March 2015
TGI Friday’s to open six sites in 2015, ten in 2016
TGI Friday’s to open six sites in 2015, ten in 2016: TGI Friday’s is to open six new UK sites before the end of 2015 and ten in 2016 – 700 new jobs will be created this year. The expansion comes after Electra Partners bought the UK busin … view
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Monday 2nd March 2015
Propel Monday News Briefing
Delivery Club 45% overfunded as investors flock to restaurant delivery platform: Delivery Club, a technology platform for food delivery businesses to share drivers and GPS tracking all orders, has raised almost £146,000 on the crowd-fun … view
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