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Tuesday 30th June 2015
Titled Kilt seeks franchisees to open 20 sites in the UK
Titled Kilt seeks franchisees to open 20 sites in the UK: Tilted Kilt, the US sports bar chain trading in the US “breastaurant” sector and known for being “The Best Looking Sports Pub You’ve Ever Seen,” is planning a launch in the UK … view
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Tuesday 30th June 2015
City Pub EIS buys Garrison as first step in £100m investment
City Pub EIS buys Garrison as first step in £100m investment: City Pub EIS Fund, an investment vehicle launched by pub entrepreneurs Clive Watson, John Roberts and David Bruce focused on acquiring high quality, unthemed, managed free-of-tie p … view
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Tuesday 30th June 2015
JD Wetherspoon to sell 20 pubs
JD Wetherspoon to sell 20 pubs: JD Wetherspoon is to sell 20 pubs and has hired CBRE to handle the disposal. It is thought to be the largest package disposal by Wetherspoon in the past decade or so. The properties, which are being considered f … view
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Tuesday 30th June 2015
Michelin-starred brothers set up pub company
Michelin-starred brothers set up pub company: Agent Christie + Co has been hired by the Michelin-starred Galvin brothers to search for pubs sites for their new company, Galvin Pub Co. Galvin Restaurants is a family-run collection of French res … view
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Tuesday 30th June 2015
Propel Tuesday News Briefing
Humble Grape to debut first technology-driven and ‘curated’ wine bar site this week: Humble Grape, the wine and events company founded in 2009 by James Dawson, is to open its first curated and technology driven wine bar and shop this … view
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Monday 29th June 2015
BrewDog to launch $30m US brewery in 2016
BrewDog to launch $30m US brewery in 2016: Scottish craft brewery BrewDog has announced it plans to open its $30m North American headquarters and first production facility outside the UK in Canal Winchester, located in the Columbus Region of O … view
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Monday 29th June 2015
Propel Monday News Briefing
Greene King Leisure Spend Tracker shows UK consumers taking cautious approach to holidays: British consumers are foregoing overseas holidays in preference to a ‘staycation’ as they continue to monitor their spending cautiously, accord … view
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Friday 26th June 2015
Update: GK, McDonald's, Turtle Bay, Arc Inspirations, Ossett
Greene King to decide where to base operations following Spirit takeover by end of August: Greene King chief executive Rooney Anand has reported a decision will be made as to whether to base its operations in Burton or Bury St Edmunds by the e … view
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Friday 26th June 2015
Friday Opinion
Subjects: Sector information flow, championing beer, fear of the night, and food and beverage, saviour of the high street
Authors: Paul Charity, Mike Benner, Paul Chase and Glyn Davies

Divergent in … view

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Friday 26th June 2015
Tesco reports UK like-for-likes down 1.3%
Tesco reports UK like-for-likes down 1.3%: Tesco has reported UK like-for-like sales performance ‘improved’ to minus 1.3% in the 13 weeks ended 30 May. UK like-for-like volumes were up 1.4% and transactions up 1.3 – it claimed 180,000 mo … view
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Friday 26th June 2015
Propel Friday News Briefing
EC confirms that alcohol policy is national matter as EU intervention ruled out: The European Commission has issued a clear statement that public health and alcohol policy is a matter for national governments, ruling out harmonisation of … view
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Thursday 25th June 2015
Wadworth reports profit rise thanks to managed pubs
Wadworth reports profit rise thanks to managed pubs: Devizes-based brewer and retailer Wadworth has reported turnover rose 1.6% to £57,000,000 in the year to 30 September 2014, up from £56,111,000 the year before. Pre-tax profit was £4,013, … view
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Thursday 25th June 2015
Debenhams reports Patisserie Valerie and Chi Kitchen concession trial
Debenhams reports Patisserie Valerie and Chi Kitchen concession trial: Debenhams is trialling Patisserie Valerie and Chi Kitchen concessions within its department stores as part of moves to optimise space and enhance its appeal to shopper … view
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Thursday 25th June 2015
Propel Thursday News Briefing
LT reports profits boost as it signs more long-term management contracts: LT Management Services, the UK’s largest outsourced operator of pubs, restaurants, nightclubs and hotels, led by Billy Buchanan, has reported an almost 50% increase in … view
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Wednesday 24th June 2015
Update: Vapiano UK results, BrewDog distillery, marketing innovation
Vapiano UK turnover nears £10m: Vapiano has reported that turnover in the UK rose to £9,160,629 in the year to 31 December 2014, up from £7,532,648 the year before. The company reported a pre-tax loss of £316,148 compared to a profit of £ … view
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Wednesday 24th June 2015
Douglas Jack – it’s hard to justify a Greene King premium
Douglas Jack – it’s hard to justify a Greene King premium: Numis Securities leisure analyst Douglas Jack has issued a ‘Hold’ note on Greene King shares with a price target of 925p, arguing that it’s hard to justify a premium. He said … view
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Wednesday 24th June 2015
Propel Wednesday News Briefing
Report shows ‘night time economy’ continues growth despite increased regulations: A new report shows the “night time economy” is continuing to grow – generating revenues of £66bn a year in 2012, nearly 6% of the UK’s GDP – … view
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Tuesday 23rd June 2015
Update: Carluccio's results, GK completes Spirit deal
Carluccio’s reports Ebitda up 5.9% in most recent year: Carluccio’s, the restaurant group with operations in the UK, Ireland, US, Middle East and Turkey, has reported turnover increased by 8.8% to £128.3m (2013 53 weeks: £118.0m) fo … view
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Tuesday 23rd June 2015
Insight Venture Partners to acquire Fourth
Insight Venture Partners to acquire Fourth: Fourth, the software partner to the hospitality and leisure industries, is to be acquired by Insight Venture Partners, a specialist technology-focused private equity firm, from ECI Partners, which ha … view
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Tuesday 23rd June 2015
Propel Tuesday News Briefing
SSP set to expand street food concept at UK railway stations following Euston launch: SSP Group is looking to expand street food to other railway stations in the UK following the launch of a new street food concept in Euston. Network Rail … view
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Monday 22nd June 2015
SSP opens street food offer at Euston train station
SSP opens street food offer at Euston train station: SSP Group has opened a new street food offer called Junction Urban Street Food at Euston train station. Junction Urban Street Food has been created as a result of a partnership between SSP U … view
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Monday 22nd June 2015
Analyst – new strategy could double Enterprise share value
Douglas Jack – Enterprise’s new strategy could see shares double in value over five years: Numis Securities leisure analyst Douglas Jack has issued a ‘Buy’ note on Enterprise Inns shares, with a target price of 160p, after conclud … view
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Monday 22nd June 2015
Propel Monday News Briefing
Government must act to eradicate business rates inequality: The Association of Licensed Multiple Retailers (ALMR) has renewed its call for an overhaul of the business rates system and urged the government to implement a fairer, more respo … view
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Friday 19th June 2015
Update: Starbucks, BrewDog, Kornicis, Be At One, Greene King
BrewDog choose US architects for new Ohio brewery: BrewDog has chosen US architectural firm Triad Architects to design the new BrewDog brewery in Ohio. “We are super excited to work with the Triad guys on one of the most anticipated BrewDog … view
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Friday 19th June 2015
Friday Opinion
Subjects: Lesson from the opinion polls, children and restaurants, and getting the best from a marketing agency
Authors: David Martin, Glynn Davies and Ann Elliott

Lessons from the opinion polls by … view

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Friday 19th June 2015
Charnwood Pub Company comes on the market
Charnwood Pub Company comes on the market: Charnwood Pub Company is to sell seven public houses within its estate and has instructed agent Matthew Phillips Surveyors to offer the properties to the market. The combined asking price is £4. … view
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Friday 19th June 2015
NewRiver Retail to raise £150m to fund Marston’s portfolio and acquisitions
NewRiver Retail to raise £150m to fund Marston’s portfolio and acquisitions: NewRiver Retail, the company that bought 202 Marston’s pubs in November 2013 for their potential development as convenience stores, is to raise £150m through a … view
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Friday 19th June 2015
Propel Friday News Briefing
Living Ventures signs £6m deal to open two sites and training academy in Liverpool: Liverpool City Council has signed a deal with Living Ventures which will see world class restaurants and bars opening at the Cunard Building on the Pier … view
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Thursday 18th June 2015
Propel Thursday News Briefing
Host of foodservice entrepreneurs launch London Union to create flagship food market and 15 local food markets: A host of senior sector executives have formed London Union as a new parent company to highly successful Street Feast, aiming … view
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Wednesday 17th June 2015
Results: McMullen and Ping Pong
McMullen reports 22% pre-tax profit rise: Hertford-based brewer and retailer McMullen has reported a 22% increase in pre-tax profit to £9.2m for the 52 weeks to 27 September, 2014. Turnover increased 7.38% to £72,483,000. Like-for-like … view
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Wednesday 17th June 2015
Propel Wednesday News Briefing
Starbucks to close its 23 Boulange bakery cafe sites in the US: Starbucks is to close all 23 of its La Boulange retail bakery cafes locations in the US, as well as the two manufacturing facilities that serve those locations, by the end of Sept … view
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Tuesday 16th June 2015
Whitbread's new ceo to arrive early
Whitbread’s new ceo to arrive early: Whitbread’s next chief executive Alison Brittain is to arrive early – she will now be joining Whitbread as chief executive designate on 28 September. She will start as chief executive on 7 Decemb … view
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Tuesday 16th June 2015
Propel Tuesday News Briefing
Gary Rhodes signs partnership to open restaurant at cinema in Dubai: Chef Gary Rhodes has partnered UAE-based Majid Al Futtaim Cinemas to launch Vox ThEATre by Rhodes in Dubai. Rhodes, who has five restaurants around the globe and a number of … view
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Monday 15th June 2015
Analyst: Restaurant Group could double in size to 1,000 sites
Analyst: Restaurant Group could double in size to 1,000 sites: Numis Securities analyst Douglas Jack has reported that The Restaurant Group, for which he has a 860p price target and a buy recommendation, could double the size of its estat … view
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Monday 15th June 2015
Luke Johnson buys 18.5% Eclectic stake, becomes chairman
Luke Johnson buys 18.5% Eclectic stake, becomes chairman: Premium bar and nightclub operator Eclectic Bar Group has reported Luke Johnson is to become executive chairman and is buying three million new shares in the company. The move come … view
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Monday 15th June 2015
Propel Monday News Briefing
Michelin-starred brothers plan first gastro-pub: Michelin-starred chefs Chris and Jeff Galvin have bought one of the oldest pubs in Essex to convert to their first gastro-pub. The brothers, who come from Brentwood, Essex, have exchanged c … view
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Saturday 13th June 2015
Timothy Taylor double profits after managed rationalisation
Timothy Taylor double profits after managed rationalisation: Keighley brewer and retailer Timothy Taylor, which famously brews Madonna’s favorite cask ale, Landlord, has reported profit almost doubled in the year to 30 September 2014 af … view
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Friday 12th June 2015
Leon co-founders receive MBEs for school food contribution
Leon co-founders receive MBEs for school food contribution: Leon co-founders John Vincent and Henry Dimbleby have been honoured with MBEs for their help creating the School Food Plan. A spokesman said: “Since the publication of the School Fo … view
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Friday 12th June 2015
Friday Opinion
Subjects: The down-side of the beer revolution, rocks and sponges, and an open letter to Alastair Campbell
Authors: Glynn Davies, Alistair Scott and Paul Chase

The down-side of the beer revolution … view

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Friday 12th June 2015
Propel Friday News Briefing
O’ My Buns plans rapid rollout after launching first European site in Leicester: Europe’s first branch of O’ My Buns, which has sites in a number of countries, has opened in Leicester. O’ My Buns specialises in cob-like buns that … view
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Thursday 11th June 2015
Analyst: Pub/restaurants cos set for 3 years of strong earnings growth
Simon French – pub and restaurant companies entering period of above average growth: Cenkos leisure analyst Simon French has argued this morning, in a 30 page research note, that pub and restaurant companies are entering a period of ab … view
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Thursday 11th June 2015
Propel Thursday News Briefing
Coffer Peach – pub and restaurant like-for-like sales rose 2.1% in May: Eating and drinking-out was up in May, with leading managed pub and restaurant groups seeing collective like-for-likes sales grow by 2.1% against the same month las … view
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Wednesday 10th June 2015
BrewDog reveals full details of US brewery plan:
BrewDog reveals full details of US brewery plan: Scottish craft brewery BrewDog, has provisionally agreed a deal to build a new 100,000 sq ft state-of-the-art craft brewery on a new site in Columbus, Ohio. In addition to the 100-barrel brew ho … view
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Wednesday 10th June 2015
PizzaExpress targets 400 plus Chinese sites after buying franchise partner
PizzaExpress targets 400 plus Chinese sites after buying franchise partner: PizzaExpress has acquired its franchise partner in China, PizzaExpress (Hong Kong) Limited – and wants to grow its China estate to the same size as its UK business w … view
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Wednesday 10th June 2015
Propel Wednesday News Briefing
Pubs missing out on coffee market but “real opportunity” to improve sales, survey reveals: Pubs are missing out on the UK’s coffee market but there is a real opportunity to improve sales, a survey has revealed. Research by guest ex … view
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Tuesday 9th June 2015
BrewDog unveils four new concepts – including restaurant and coffee shop
BrewDog unveils four new concepts – including restaurant and coffee shop: BrewDog has unveiled four new bar and retail concepts – ShuffleDog, Doghouse, Dog Eat Dog and The Fix coffee house. The first Shuffledog … view
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Tuesday 9th June 2015
Tea pub chain, with backing from Iqbal Wahhab, launches on Crowdcube
Tea pub chain, with backing from Iqbal Wahhab, launches on Crowdcube: Brew, a new concept that is described as ‘a pub for tea’, has launched a crowdfunding drive on Crowdcube, looking to raise £180,000 in return for 27.8% of its equity. I … view
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Tuesday 9th June 2015
Propel Tuesday News Briefing
Carluccio’s – we’ve made six adaptations for the US market: Carluccio’s chief executive in the US Cory Waldron has reported the company made six adaptations for the US market prior to its debut in Alexandria, Washington DC, last w … view
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Monday 8th June 2015
McDonald’s reports global LfLs down 0.3% in May
McDonald’s reports global LfLs down 0.3% in May: McDonald’s has reported global like-for-like sales decreased 0.3% in May. Like-for-like sales were down 2.3% in the US, up 2.3% in Europe and down 3.2% in Asia, the Middle East and Afri … view
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Monday 8th June 2015
Propel Monday News Briefing
British beer sales continue to grow but support still needed: Beer sales are continuing to grow year-on-year, with sales at the end of Quarter One of this year rising 1.5% over the past 12 months, according to the latest ‘Beer Barometer … view
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Sunday 7th June 2015
Hony Capital issues extra £55m PizzaExpress bonds to buy HK franchisee
Hony Capital issues extra £55m PizzaExpress bonds to buy Hong Kong franchisee, strong performance since buy-out: PizzaExpress owner Hony Capital is issuing an extra £55m of bonds to allow the early acquisition of its Hong Kong-based fra … view
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Friday 5th June 2015
Update: JW Lees, M&B, Fuller's, Snug, sector saturation
JW Lees reports record turnover of £64m: At the company’s annual conference today, north west brewer and retailer JW Lees reported record turnover of £64m for the financial year ending 31st March 2015, up by 2% from £62.8m in the pre … view
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Friday 5th June 2015
Friday Opinion
Subject: Caffe Nero and anti-badger cullers, the woman behind Bill’s, the importance of Nottingham’s BID to the city’s leisure sector and the secrets of a successful launch
Authors: Martyn Cornell, Sonya Hook, David Luc … view
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Friday 5th June 2015
Fuller's reports Ebitda up 8%
Fuller’s reports Ebitda up 8%: Fuller’s has reported sales rose 12% to £321.5m in the year to 28 March with profit before tax up 7% to £36.4m. Ebitda rose 8% to £58.5m. Managed like for-likes were up 6.3% in the year. Eight new pub … view
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Friday 5th June 2015
Propel Friday News Briefing
Giggling Squid acquires third Surrey site and first inside the M25: Thai brand Giggling Squid has acquired a third Surrey site – and its first inside the M25. The company, which opened in Reigate in July 2013 and will welcome customer … view
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Thursday 4th June 2015
Beds & Bars £7m investment, Busaba results
Beds & Bars set for £7m investment to add 250 beds to London estate: Beds & Bars, the pan-European hostel provider led by Keith Knowles, has won planning consent to add just over 250 beds to its London estate. The company has also negoti … view
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Thursday 4th June 2015
Loungers reports 50.2% rise in Ebitda
Loungers reports 50.2% rise in Ebitda: Loungers, the Bristol-based cafe/bar group, has reported a 50.2% rise in Ebitda before central overheads to £10.8m in the year to 26th April 2015 as it invested £12.7m opening 18 sites in the period. Tu … view
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Thursday 4th June 2015
Vianet reports rise in turnover and profit
Vianet reports rise in turnover and profit: Vianet Group, the provider of real time monitoring systems and data management services for the leisure, vending and forecourt services sectors, has reported profit before tax up 9.6% at £1.71m (201 … view
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Thursday 4th June 2015
Propel Thursday News Briefing
Lifestyle Hospitality plans Burgerfest number two, looks at 30-strong chain: Lifestyle Hospitality Group, owner of the Tiger Bills chain of Thai restaurants, is opening a second outlet for its "retro-style" gourmet burger concept Burgerfest in … view
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Wednesday 3rd June 2015
Gordon Ramsay hires ‘Jocky’ Petrie as exec development chef
Gordon Ramsay Group hires James Petrie as group executive development chef: Gordon Ramsay Group has hired James ‘Jocky’ Petrie as group executive development chef. Petrie will be working closely with all of the teams in the Group, helping … view
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Wednesday 3rd June 2015
Propel Wednesday News Briefing
Mentoring programme launched to develop pub industry’s female talent: A mentoring programme has been started to recognise and develop female talent in the pub industry and help address the gender imbalance at senior level. Athena, which … view
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Tuesday 2nd June 2015
Keith and Diane Marsden named as the UK’s top publicans
Keith and Diane Marsden named as the UK’s top publicans: Husband and wife team Keith and Diane Marsden, from The Prince of Wales in Birmingham, have been named as the 2015 Licensees of the Year, sponsored this year by BT Sport. The award rec … view
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Tuesday 2nd June 2015
Amber Taverns see sales rise 17.5% to £43m
Amber Taverns see sales rise 17.5% to £43m: Amber Taverns, the 100-plus community pub operator led by James Baer and Bryan Wardman, has seen sales rise to £43.34m for the year to 1 February 2015, an increase of 17.5%. Operating profit before … view
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Tuesday 2nd June 2015
M&B – we're learning from Orchid's people-centric culture
M&B – we’re learning from Orchid’s people-centric culture: Mitchells & Butlers has told analysts it has been learning from the “strong people-centric culture” it found when it bought the 173-outlet Orchid estate last year. Orchid als … view
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Tuesday 2nd June 2015
Analysts reflect on M&B progress after site visits
Analysts reflect on M&B progress after site visits: Leisure analysts have issued positive progress reports on Mitchells & Butlers after the company hosted site visits. Numis Securities analyst Douglas Jack issued an add note with a price targe … view
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Tuesday 2nd June 2015
Propel Tuesday News Briefing
Keith Knowles becomes chairman of Yummy Pub Company, donates salary to Team Margot initiative: Keith Knowles, chief executive of pan-European hostel and bar company Beds and Bars is to join the board at Yummy Pub Co as chairman. Working a … view
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Monday 1st June 2015
Sky News – 3i eyes Jamie's restaurant stake
Sky News – 3i eyes Jamie’s restaurant stake: One of the UK’s oldest private equity houses is weighing a bid for a stake in Jamie Oliver’s restaurant business, according to Sky News. The FTSE 100-listed private equity company is among a … view
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Monday 1st June 2015
Filmore & Union launch crowd-funding push to raise £500,000
Filmore & Union launch crowd-funding push to raise £500,000: Healthy eating brand Filmore & Union has launched a crowd-funding drive on Crowdcube to raise £500,000 in return for 10% of its equity, valuing the company at £5m. Established in … view
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Monday 1st June 2015
Update: Coal and Grill, Fuller's, living wage, Jumpin Jaks
Charterhouse private equity owners seek fresh investment: Charterhouse Leisure, which trades as Coal Grill & Bar, operating ten high-volume casual dining restaurants in Basingstoke, Bristol, Bristol Waterside, Exeter, Meadowhall, Milton K … view
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Monday 1st June 2015
Propel Monday News Briefing
Hummus Bros hits crowdfunding target: Hummus Bros, the London-based hummus restaurant chain, has hit its crowdfunding target of £250,000 in return for 4.35% of its equity through the Seedrs crowdfunding platform, with 36 days of the camp … view
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