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Friday 31st March 2017
Busaba Eathai to close Manchester site, reviewing options on Liverpool restaurant
Busaba Eathai to close Manchester site, reviewing options on Liverpool restaurant: Busaba Eathai, the Thai chain founded by Alan Yau and led by chief executive Jason Myers, will close its Manchester restaurant on Monday (3 April) and is r … view
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Friday 31st March 2017
Friday Opinion
Subjects: Hospitality over technology; why we need a street revolution; and a dynamic, generous and forward-thinking sector
Authors: Glynn Davis, Atholl Milton and Ann Elliott

Hospitality over tech … view

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Friday 31st March 2017
Sector faces 60,000 workers a year shortfall if EU immigration is too tightly controlled
Sector faces 60,000 workers a year shortfall if EU immigration is too tightly controlled: The hospitality sector has warned it faces a shortfall of 60,000 workers a year if immigration from the European Union is too tightly controlled. Th … view
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Friday 31st March 2017
Propel Friday News Briefing
New sugar guidelines may burden already hard-working sector, says the ALMR: The Association of Licensed Multiple Retailers (ALMR) has reacted to Public Health England’s (PHE’s) new guidelines on cutting sugar consumption, warning the … view
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Thursday 30th March 2017
David Lloyd to launch experiential leisure parks
David Lloyd to launch experiential leisure parks: Leisure entrepreneur David Lloyd is to tap into increasing consumer demand for experiential leisure and adventure by launching a chain of adventure parks aimed at attracting children and a … view
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Thursday 30th March 2017
Propel Thursday News Briefing
Hakkasan Group boss – we plan to open 30 sites in three years: UK-based nightclub and restaurant company Hakkasan Group is generating $500m in revenue from its nightclub and restaurant venues as it sets up to boost its global nightclub … view
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Wednesday 29th March 2017
Propel Wednesday News Briefing
SA Brain reports turnover and profit growth: Cardiff-based brewer and retailer SA Brain & Co has reported operating profit increased by 23% to £5.5m as turnover grew by 7% to £135m for the year ending 1 October 2016. Sales increases wer … view
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Tuesday 28th March 2017
SA Brain reports turnover and profit growth, Star Pubs & Bars joins SIBA’s Beerflex scheme
SA Brain reports turnover and profit growth: Cardiff-based brewer and retailer SA Brain & Co has reported operating profit increased by 23% to £5.5m as turnover grew by 7% to £135m for the year ending 1 October 2016. Sales increases wer … view
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Tuesday 28th March 2017
Pret A Manger to open second veggie site, Wagamama makes Bulgaria debut
Pret A Manger to open second veggie site next week with expanded menu, in Shoreditch: Pret A Manger has revealed it is to open a second Veggie Pret that will have 20 new recipes on the menu. The company is opening the site in Shoreditch, … view
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Tuesday 28th March 2017
Tasty cuts planned opening numbers in half, Time Out and AG Barr results
Tasty cuts planned opening numbers in half with post year-end trade ‘below expectations’: Tasty has cut the planned number of openings for the current year from 15 to seven after reporting post year-end trade “was below expectations … view
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Tuesday 28th March 2017
Propel Tuesday News Briefing
Foodservice inflation hits 3.7% in February, further rises likely to follow: Foodservice price inflation rose to 3.7% in February compared with last year, with further increases likely to follow in the next few months, according to the la … view
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Monday 27th March 2017
Foodservice inflation hits 3.7% in February, further rises likely to follow
Foodservice inflation hits 3.7% in February, further rises likely to follow: Foodservice price inflation rose to 3.7% in February compared with last year, with further increases likely to follow in the next few months, according to the la … view
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Monday 27th March 2017
Joseph Holt agrees £25m refinancing package to grow pub estate
Joseph Holt agrees £25m refinancing package to grow pub estate: North west brewer and retailer Joseph Holt has agreed a £25m refinancing package with the Royal Bank of Scotland to support the growth of its pub estate, brewery and to develop … view
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Monday 27th March 2017
Domino’s Poland reports like-for-like system sales increase 27%
Domino’s Poland reports like-for-like system sales increase 27%, expects to cross 50 store mark this year: Domino’s Pizza Poland has reported like-for-like system sales increased 27% for the year ending 31 December 2016 and expects to … view
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Monday 27th March 2017
Propel Monday News Briefing
Baa Bar’s future in ‘significant doubt’: Baa Bar, the Liverpool-based bar and pub company, has admitted there is “material uncertainty” about whether it can continue as a going concern as it continues to dispose of a series of u … view
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Sunday 26th March 2017
Former Boris Johnson adviser eyes £530m Wagamama takeover, Tenpin's £100m float plan
Former Boris Johnson adviser eyes £530m Wagamama takeover: A former adviser to Boris Johnson is plotting a £530m takeover of Wagamama. Financier Edi Truell is one of a handful of suitors to have made tentative approaches for the company … view
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Friday 24th March 2017
Update: Punch/Heineken investigation restarts, Pret, Deltic Group, Revolution et al
CMA restarts investigation into Punch/Heineken deal: The Competition and Markets Authority (CMA) has restarted its investigation into Heineken’s proposed acquisition of 1,900 Punch pubs as part of its joint deal with Patron Capital. Pun … view
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Friday 24th March 2017
Friday Opinion
Subjects: The home delivery service dilemma, consumer direct is the next bright spot in US foodservice, and employee experience is key to ‘lessoning’ the skills shortage
Authors: Glynn Davis, Darren Tristano and Paul Mann … view
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Friday 24th March 2017
TGI Friday’s owner Electra to pay £1bn special dividend
TGI Friday’s owner Electra to pay £1bn special dividend: The Board of Electra Private Equity, which owns TGI Friday’s in the UK, has declared a special dividend of £1.0 billion, after its best ever year in terms of returns, includin … view
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Friday 24th March 2017
Propel Friday News Briefing
Boozy Cow boosts charities with £210,000 windfall after donating entire year’s profits: The Boozy Cow, the burger restaurant owned by Speratus Group, has donated its entire profits for the year to charity leading to a windfall of more … view
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Thursday 23rd March 2017
Free tickets for Propel’s US Restaurant Franchise Forum
Free tickets for Propel’s US Restaurant Franchise Forum: Propel has partnered with World Franchise Associates to launch the US Restaurant Franchise Forum – and is offering 40 free tickets to our Propel Multi Club attendees on a first- … view
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Thursday 23rd March 2017
Adnams reports £5.02m PBT as barrelage passes 100,000
Adnams reports £5.02m PBT as barrelage passes 100,000: Suffolk brewer and retailer Adnams has reported a record high turnover of £70.3m in 2016 as its barrelage passed the 100,000 mark for the first time. Chairman Jonathan Adnams said: … view
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Thursday 23rd March 2017
Propel Thursday News Briefing
‘Evolution’ of Brasserie Bar Co results in Ebitda boost as turnover passes £40m: Brasserie Bar Co has reported a boost in Ebitda as turnover passed the £40m mark following an “evolution” of the estate. The company saw turnover i … view
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Wednesday 22nd March 2017
Propel Wednesday News Briefing
Energy efficiency provides better returns than new openings, new report reveals: Energy efficiency provides better returns than new openings, according to a new report. The 2017 hospitality sector energy benchmark, comprising 32 of the le … view
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Tuesday 21st March 2017
M&B opens new fast-casual concept Son of Steak
M&B opens new fast-casual concept Son of Steak: Mitchells & Butlers has opened the first site of its new concept Son of Steak, in Nottingham. The company has converted its Harvester restaurant in Trinity Square to the fast-casual concept … view
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Tuesday 21st March 2017
Brighton Pier Group reports progress in ‘transformational year’
Brighton Pier Group reports progress in ‘transformational year’: Brighton Pier Group has reported sales of £17.74m (2015: £10.72m) in the half year to 25 December 2016. Company Ebitda before highlighted items was £3.51m (2015: £0. … view
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Tuesday 21st March 2017
Propel Tuesday News Briefing
Novus Leisure reports Ebitda boost, like-for-like sales fall 0.5%: London bar and restaurant operator Novus Leisure has reported an increase in Ebitda but saw its like-for-like sales hit by the threat of terrorism. The company, which oper … view
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Monday 20th March 2017
Propel Monday News Briefing
Burning Night Group to launch FirePit Smokehouse & Sports Bar concept, plans nationwide roll-out: Burning Night Group is developing the Old Fire Station building in Bingley, West Yorkshire, as a new restaurant and bar concept. The grade … view
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Sunday 19th March 2017
Soho House set to secure £275m debt deal with private equity firm
Soho House set to secure £275m debt deal with private equity firm: Soho House is close to shoring up its creaking balance sheet through a £275m debt deal with a private equity firm. The private members’ group, founded with one club in … view
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Friday 17th March 2017
Friday Opinion
Subjects: Political pressure starting to pay off, the shape of things to come and taking growth figures with a pinch of salt
Authors: Kate Nicholls, Paul Chase and Ann Elliott

Political pressure st … view

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Friday 17th March 2017
Update: Liberation Group buys 100th pub, Fuller's, UK craft brewery revolution, first supermarket takeaway
Liberation Group buys 100th pub: Channel Islands brewer and retailer Liberation Group has bought its 100th pub, the Methuen Arms in Corsham, Wiltshire. The company’s pub estate now comprises 73 in the Channel Islands and 27 in the West … view
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Friday 17th March 2017
Propel Friday News Briefing
Branded food-led pubs and restaurants continue to grow despite fierce headwinds, overall numbers down 1.3%: Numbers of branded food pubs and restaurants have continued to grow despite fierce headwinds, the latest Market Growth Monitor fro … view
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Friday 17th March 2017
Branded food-led pubs and restaurants continue to grow despite fierce headwinds, overall numbers down 1.3%
Branded food-led pubs and restaurants continue to grow despite fierce headwinds, overall numbers down 1.3%: Numbers of branded food pubs and restaurants have continued to grow despite fierce headwinds, the latest Market Growth Monitor fro … view
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Thursday 16th March 2017
Research reveals latest sector statistics on gender pay gap
Research reveals latest sector statistics on gender pay gap: The gender pay gap between frontline workers in the UK hospitality industry has been revealed by Fourth, the software partner to the hospitality and leisure industries, with fig … view
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Thursday 16th March 2017
Wetherspoon to cut prices on Tax Equality Day
Wetherspoon to cut prices on Tax Equality Day: JD Wetherspoon chairman Tim Martin is calling on pub and restaurant operators to show their support for a Tax Equality Day on Wednesday 20 September. And he has the backing of both the Associ … view
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Thursday 16th March 2017
Propel Thursday News Briefing
McDonald’s to start testing mobile ordering app in US ahead of global roll-out: McDonald’s will begin testing its mobile ordering app in the US this month ahead of a global roll-out. The company said it would carry out “multiple tes … view
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Wednesday 15th March 2017
Propel Wednesday News Briefing
Pub and restaurant like-for-like sales grow 1.7% in February, school half-term boosts casual dining: Pub and restaurant groups saw collective like-for-like sales grow 1.7% in February compared with last year, according to the latest Coffe … view
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Wednesday 15th March 2017
Pub and restaurant like-for-like sales grow 1.7% in February, school half-term boosts casual dining
Pub and restaurant like-for-like sales grow 1.7% in February, school half-term boosts casual dining: Pub and restaurant groups saw collective like-for-like sales grow 1.7% in February compared with last year, according to the latest Coffer Pea … view
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Tuesday 14th March 2017
Yum! Brands agrees £300m sale of majority of company-owned KFC stores in Britain, reveals UK management reshuffle
Yum! Brands agrees £300m sale of majority of company-owned KFC stores in Britain, reveals UK management reshuffle: Yum! Brands has agreed the estimated £300m sale of most of its company-owned KFC stores in Britain as it shifts the emphasis t … view
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Tuesday 14th March 2017
Update: Eagle Eye, Notes and business rates relief
Eagle Eye signs partnership to deliver digital loyalty solutions: Eagle Eye, the technology company that validates and redeems digital promotions in real-time for the hospitality industry and others, and TCC Global, a leading retail marke … view
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Tuesday 14th March 2017
Propel Tuesday News Briefing
Number of non-British job applicants in London rises following Brexit vote: The number of non-British European Union nationals registering for hospitality jobs in London has actually risen following the Brexit vote, according to a new rep … view
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Monday 13th March 2017
Curious Restaurants embarks on £600,000 crowdfunding campaign to launch Jones Family Kitchen concept
Curious Restaurants embarks on £600,000 crowdfunding campaign to launch Jones Family Kitchen concept: Curious Restaurants, which operates The Jones Family Project in Shoreditch, east London, has launched a £600,000 fund-raise on crowdfunding … view
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Monday 13th March 2017
Propel Monday News Briefing
Costa quadruples coffee capacity following launch of Europe’s largest roastery: Whitbread-owned Costa Coffee has opened its £38m coffee roastery in Basildon in Essex – quadrupling the company’s roasting capacity from 11,000 tonnes … view
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Monday 13th March 2017
Costa launches Europe’s largest roastery; spending in pubs, restaurants and hotels increases 1.2% in February
Costa quadruples coffee capacity following launch of Europe’s largest roastery: Whitbread-owned Costa Coffee has opened its £38m coffee roastery in Basildon in Essex – quadrupling the company’s roasting capacity from 11,000 tonnes … view
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Friday 10th March 2017
JDW chief executive briefing: food sales, buying-in freeholds, disposals, Deliveroo

Propel reports on JD Wetherspoon chief executive John Hutson and finance director Ben Whitley’s comments following today’s first-half results:

Current trading: Like-for-like sales for the six weeks to 5 March were up 2. … view
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Friday 10th March 2017
Friday Opinion
Subjects: Crowdfunding’s all about the money not the free beer and buns, matching the right pub with the right people, and British foodservice industry proves its resilience
Authors: Glynn Davis, James Armitage and Cyril La … view
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Friday 10th March 2017
JD Wetherspoon boss warns on increased costs, slams Budget
JD Wetherspoon boss warns on increased costs, slams Budget: JD Wetherspoon has reported sales rose 1.4% to £801.4m in the 26 weeks to 22 January 2017. Like-for-like sales rose 3.3%. Profit before tax was up 42.8% to £51.4m. Tim Martin, … view
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Friday 10th March 2017
Propel Friday News Briefing
Ben’s Canteen reaches £250,000 crowdfunding target to open third site: Neighbourhood concept Ben’s Canteen has reached its £250,000 target on crowdfunding platform Crowdcube to help open a third site and fund the growth of the resta … view
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Thursday 9th March 2017
Ben’s Canteen launches £250,000 crowdfunding campaign to open third site
Ben’s Canteen launches £250,000 crowdfunding campaign to open third site, aims to build ten-strong estate in next five years: Neighbourhood concept Ben’s Canteen has launched a £250,000 fund-raise on crowdfunding platform Crowdcube to he … view
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Thursday 9th March 2017
Hummus Bros launches £125,000 crowdfunding campaign, Loungers reports like-for-likes up 5.8%
Hummus Bros launches £125,000 crowdfunding campaign for expansion: Hummus Bros, the London-based hummus restaurant chain, has launched a £125,000 fund-raise on crowdfunding platform Seedrs to support its expansion plans. The company, fo … view
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Thursday 9th March 2017
Results: Domino's Pizza, Cineworld
Domino’s Pizza reports UK like-for-likes up 7.5%, makes Norwegian acquisition: Domino’s Pizza has reported UK like-for-like sales increased 7.5% for the year ending 25 December 2016. The company saw UK systems sales grow 14% to £988. … view
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Thursday 9th March 2017
Propel Thursday News Briefing

Industry News:

Propel Premium members to receive expanded database of multi-site operators: Propel Premium subscribers will soon receive an expanded database of multi-site companies. A total of 200 multi-site companies have been a … view
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Wednesday 8th March 2017
Borg-Neal – Budget rates relief of ‘little use’ to Oakman Inns
Borg-Neal – Budget rates relief of ‘little use’ to Oakman Inns: Peter Borg-Neal, chief executive of 18-strong Oakman Inns, has said the Chancellor of the Exchequer Philip Hammond’s sector-specific rate relief in today’s Budget w … view
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Wednesday 8th March 2017
Chancellor offers 90% of pubs a £1,000 business rates discount
Chancellor offers 90% of pubs a £1,000 business rates discount: Chancellor of the Exchequer Philip Hammond has offered a sector-specific £1,000 discount on pubs with a rateable value of less than £100,000 to help protect pubs against increa … view
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Wednesday 8th March 2017
Restaurant Group unveils strategy review, more focus on pubs and concessions
Restaurant Group unveils strategy review results as like-for-like decline 3.9%: The Restaurant Group is to grow its pubs and concession business whilst re-engineering its other key brands to make them more competitive. Its roll-out of lei … view
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Wednesday 8th March 2017
Propel Wednesday News Briefing
Just Eat pinpoints technology developments as it makes more than 88 million takeaway deliveries in 2016: Just Eat, the global marketplace for online food delivery, delivered 88.1 million takeaway orders in 2016, the year in which the UK m … view
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Tuesday 7th March 2017
Hedderwick launches £1.87m crowdfunding campaign on Downing Crowd, first pub bond IFISA
Hedderwick launches £1.87m crowdfunding campaign on Downing Crowd, first pub bond IFISA: Hedderwick, a company managed with support from Oakman Inns & Restaurants, is raising £1.87m through crowdfunding platform Downing Crowd. The pub b … view
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Tuesday 7th March 2017
Update: Just Eat, Marston’s, Pidgin and McMullen’s
Just Eat reports sales up 52% in 2016, adds 7,000 restaurants to network: Just Eat, the global marketplace for online food delivery, has reported revenues up 52% to £375.7 million and underlying Ebitda up 93% to £115.3 million in the ye … view
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Tuesday 7th March 2017
Propel Tuesday News Briefing
ALMR – licensed hospitality worst affected by crippling rates rises: The Association of Licensed Multiple Retailers (ALMR) has repeated calls for sector-specific action on business rates and highlighted the problem the country’s pubs, … view
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Monday 6th March 2017
Wagamama reports 9% LfLs in Quarter Three, sites now average £41,800 a week each
Wagamama reports 9% LfLs in Quarter Three, sites now average £41,800 a week each: Turnover increased 15.7% to £64.2 million in Wagamama’s Third Quarter to 29 January 2017 with 9% UK like-for-like sales growth. The company saw its best … view
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Monday 6th March 2017
Deckers to sell three sites with £8.7m asking price
Deckers to sell three sites with £8.7m asking price: The Deckers Group, represented by agent Savills, has brought to market a portfolio of three hotels and restaurants in Greater Manchester and Yorkshire for a combined guide price of £8 … view
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Monday 6th March 2017
Update: Laine’s second ‘managed expert’ site, Wetherspoon, BT
Laine’s second “managed expert” site opens in Hove: Multiple pub operator and brewer, the Laine Pub Company, has opened Old Albion in Hove, East Sussex – its second managed expert venture with Ei Group, formerly Enterprise Inns. O … view
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Monday 6th March 2017
Propel Monday News Briefing
St Austell to build Bath Ales brewery, appoints Tim McCord as general manager: Cornwall-based St Austell Brewery is set to build a brewery for Bath Ales, which it acquired last July, and has appointed Tim McCord as its general manager. Th … view
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Monday 6th March 2017
St Austell to build Bath Ales brewery, appoints Tim McCord as general manager
St Austell to build Bath Ales brewery, appoints Tim McCord as general manager: Cornwall-based St Austell Brewery is set to build a brewery for Bath Ales, which it acquired last July, and has appointed Tim McCord as its general manager. Th … view
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Sunday 5th March 2017
Award-winning English pubs to be ‘slammed’ by business rates hike – CAMRA
Award-winning English pubs to be ‘slammed’ by business rates hike – CAMRA: Four out of five of England’s top pubs will be slammed by crippling business rates hikes during the next five years, according to new research by the Campa … view
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Friday 3rd March 2017
Friday Opinion
Subjects: Beyond the gastrodome, carry on campaigning, the hydra-headed monster, and IT and marketing’s critical partnership
Authors: Glynn Davis, Tim Page, Paul Chase and Ann Elliott

Beyond the … view

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Friday 3rd March 2017
Update: ETM Group hires chairman, The Restaurant Group, Rosa’s Thai, Britvic
ETM Group hires Graham Turner as chairman: The privately-owned bar, restaurant and pub company, ETM, has appointed Graham Turner as its non-executive chairman. Turner is a highly experienced executive with a wealth of hospitality experien … view
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Friday 3rd March 2017
Propel Friday News Briefing
McDonald’s reports kiosks add between 4% and 8% to site sales: McDonald’s, which plans to have ordering kiosks in 2,500 US locations by the end of the year and in most of its domestic locations by 2020, has revealed the technology is … view
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Thursday 2nd March 2017
BrewDog launches crowdfunding campaign to build US craft beer hotel and sour beer brewery
BrewDog launches crowdfunding campaign to build US craft beer hotel and sour beer brewery: Scottish brewer and retailer BrewDog has launched a crowdfunding campaign to build the world’s first craft beer hotel, The DogHouse, and a sour b … view
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Thursday 2nd March 2017
NPD – UK delivery market growing ten times than total market
NPD – UK delivery market growing ten times than total market: Insights and research company The NPD Group has reported the delivery channel in Britain’s eating-out foodservice market was worth £3.6 billion as of December 2016, up 6% on th … view
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Thursday 2nd March 2017
Time Out to appeal Shoreditch plan rejection, The Restaurant Group
Time Out Group to appeal against decision to block Time Out Market in Shoreditch: Time Out Group has confirmed it will appeal against a decision by Tower Hamlets Council to reject plans for a 19,250 square foot market in Shoreditch. A spo … view
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Thursday 2nd March 2017
Propel Thursday News Briefing
ROK Drinks launches finance division for UK’s licensed trade: ROK Drinks has launched a finance division with the aim of becoming a premium financial lender and product supplier to the UK’s licensed trade. ROK Solid Finance will combi … view
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Wednesday 1st March 2017
Mcdonald’s unveils new global growth plan
Mcdonald’s unveils new global growth plan: McDonald’s today unveiled its long-term global growth plan during the company’s Investor Day event in downtown Chicago. President and chief executive officer Steve Easterbrook and members o … view
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Wednesday 1st March 2017
Halewood enters brewing with majority stake in Lake District craft brewer
Halewood enters brewing with majority stake in Lake District craft brewer: Halewood Wines and Spirits has entered brewing by acquiring a majority stake in Lake District brewery, Hawkshead. Under the deal, Hawkshead will build a new brewer … view
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Wednesday 1st March 2017
Gareth Bale and SA Brain to partner to open sports bar concept
Gareth Bale and SA Brain to partner to open sports bar concept: Gareth Bale, the Wales and Real Madrid footballer, and Cardiff-based brewer and retailer SA Brain are to partner to open a new premium sports bar and restaurant in the heart … view
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Wednesday 1st March 2017
Time Out Market plan rejected, Shepherd Neame, Domino’s, AG Barr
Time Out Market plan for London rejected: An application to open a Time Out Market in the Commercial Street area of London’s Shoreditch has been turned down by Tower Hamlets council. A total of 60 local residents and residential associa … view
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Wednesday 1st March 2017
Propel Wednesday News Briefing
Revolution Bars boss – Harrogate opening shows format flexibility: Revolution Bars Group chief executive Mark McQuater has told Propel the opening of a site in Harrogate in October consisting of 3,100 square feet of trading space shows … view
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