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Tuesday 31st October 2017
Charles Wells takes stake in Little Gems as it announces JV
Charles Wells takes stake in Little Gems as it announces joint venture: Bedford-based brewer and retailer Charles Wells and Little Gems Country Dining, run by Steve Wilkins and Rachel Slater, have signed head of terms to form a joint vent … view
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Tuesday 31st October 2017
Update: Just Eat Quarter Three results, Whitbread, The Sloane Club
Just Eat reports revenue growth of 47% in Third Quarter: Just Eat, the online food delivery business, has reported revenue grew by 47% to £138.6m in its Third Quarter and is up in the first nine months of its financial year to £385.2m. … view
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Tuesday 31st October 2017
Propel Tuesday News Briefing
London-based premium food delivery service Supper launches £500,000 crowdfunding campaign to fuel growth: London-based premium food delivery service Supper, which brings healthy and home-cooked meals to consumers, has launched a £500,00 … view
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Monday 30th October 2017
Famous Brands reports ‘underperforming’ GBK in UK weighs on profits, Wimpy business ‘satisfactory’
Famous Brands reports ‘underperforming’ GBK in UK weighs on profits, Wimpy business ‘satisfactory’: Famous Brands has reported a 59% drop in earnings for the six months ending 31 August 2017 as the “underperformance” of Gourmet Bur … view
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Monday 30th October 2017
Update: Gourmet Burger Kitchen, Let’s Sushi, Easyhotel and Lunya
Gourmet Burger Kitchen and Let’s Sushi to open in Meadowhall: British Land, joint owner of Sheffield shopping centre Meadowhall, has announced that Gourmet Burger Kitchen and Let’s Sushi will join the line-up at the Oasis Dining Quart … view
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Monday 30th October 2017
Propel Monday News Briefing
Bistrot Pierre reports 32% increase in turnover, all new sites meeting expectations: Private equity-backed restaurant group Bistrot Pierre has reported turnover increase 32% to £25,760,000 in the year to 30 June 2017. Gross profit increa … view
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Friday 27th October 2017
Friday Opinion
Subjects: Machines making their mark in hospitality, 2017 – the year operators took the influencer seriously, and keep your company fighting fit
Authors: Glynn Davis, Ann Elliott and Ian Dunstall

view

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Friday 27th October 2017
Propel Friday News Briefing
Street food restaurant The Good Egg to open second site next month after hitting £500,000 crowdfunding target: Street food restaurant The Good Egg is to open its second site next month after hitting its £500,000 target on crowdfunding p … view
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Thursday 26th October 2017
Foodservice price inflation eases to 6.5% in September
Foodservice price inflation eases to 6.5% in September: Foodservice price inflation dipped modestly to 6.5% in September, the latest CGA Prestige Foodservice Price Index has revealed. It is a sign foodservice price inflation, which has been ra … view
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Thursday 26th October 2017
Debenhams plans 50 more F&B partnerships, C&C Group
Debenhams – we plan 50 more food and drink partnerships in the next three years: Debenhams has set out plans to expand it food and drink partnerships over the next three years. It stated: “We currently have almost 70 third party manag … view
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Thursday 26th October 2017
Propel Thursday News Briefing
Butcombe makes £4m investment in brewery operations: Butcombe Brewery, part of Liberation Group, has made a £4m investment in its brewing business in the West Country. The brewer has invested in four new projects, including a new craft … view
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Wednesday 25th October 2017
Update: Sector dynamics, Whitbread, Heineken
Douglas Jack – the demand and supply dynamics now more attractive for pubs than restaurants: Peel Hunt leisure analyst Douglas Jack has argued that the quoted pub sector is a more attractive investment proposition than the restaurant se … view
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Wednesday 25th October 2017
Propel Wednesday News Briefing
Hotcha ceases trading following suspected £35m tax fraud and money laundering investigation: Hotcha, which vowed to become the “Domino’s Pizza of the Chinese takeaway market”, has ceased trading following an investigation into a su … view
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Tuesday 24th October 2017
McDonald’s reports like-for-likes up 6% in third quarter
McDonald’s reports like-for-likes up 6% in third quarter: McDonald’s has reported global like-for-likes rose 6% in its third quarter ended 30 September 2017. Chief executive Steve Easterbrook said: “We are serving more customers, more of … view
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Tuesday 24th October 2017
Whitbread reports turnover and profit boost
Whitbread reports turnover and profit boost: Whitbread has reported sales rose 7.4% to £1,671bn in the six months to 31 August with underlying profit before tax up 6.7% to £328m. Over 2,000 new Premier Inn rooms were opened in the UK in … view
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Tuesday 24th October 2017
Propel Tuesday News Briefing
Propel to launch sector’s most comprehensive marketing conference: Propel is to launch the most comprehensive marketing conference the sector has seen with a two-day event. Restaurant Marketer & Innovator, in partnership with Think Hosp … view
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Monday 23rd October 2017
Savills markets portfolio of ‘trophy’ London pub and restaurant freeholds
Savills markets portfolio of ‘trophy’ London pub and restaurant freeholds: Agent Savills has brought to market a 16-strong portfolio of licensed leisure investments in London for a guide price of £69.55m on behalf of a private client. The … view
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Monday 23rd October 2017
Fleurets – delay in dealing with appeals following new business rates may be too long for some operators to survive
Fleurets – delay in dealing with appeals following new business rates may be too long for some operators to survive: Property agent Fleurets has warned the delay in dealing with appeals following the introduction of new business rates t … view
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Monday 23rd October 2017
Propel Monday News Briefing
BrewDog’s Equity for Punks V raises £1m in two days: Scottish brewer and retailer BrewDog has said its latest crowdfunding scheme, Equity for Punks V, raised more than £1m in the first two days. The fifth round of Equity for Punks is … view
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Friday 20th October 2017
Friday Opinion
Subjects: High-end bubble in danger of bursting, goodbye to one of the industry greats, alcohol and cancer – again, and Michelin status losing relevance to guest experience
Authors: Glynn Davis, Rooney Anand, Paul Chase and … view
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Friday 20th October 2017
Propel Friday News Briefing
More than three-quarters of Brits buy lunch out every day, weekend brunch on the rise: More than three-quarters (76%) of Brits buy lunch out every day compared with less than two-thirds (64%) in 2016, according to new research by Mintel. … view
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Thursday 19th October 2017
Update; Benito’s new MD, Domino’s UK to extend Germany footprint
Benito’s Hat hires new managing director as founder steps down: Benito’s Hat Restaurant Group has appointed Ping Pong’s Michael Pearson as managing director from the 1 November 2017. After more than nine years at the helm, founder a … view
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Thursday 19th October 2017
Propel Thursday News Briefing
UK’s night-time industry faces conundrum of balancing entertainment costs, says Deltic Group chief: Peter Marks, chief executive of The Deltic Group, the UK’s largest operator of premium late-night bars and clubs, has told the Bar and … view
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Wednesday 18th October 2017
Mark McQuater steps down from Revolution
Mark McQuater steps down from Revolution: Revolution Bars Group has announced chief executive Mark McQuater has resigned from the board and will be leaving the business with immediate effect. Chairman Keith Edelman will assume the role of … view
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Wednesday 18th October 2017
BrewDog looks to raise £50m with Equity for Punks V
BrewDog looks to raise £50m with Equity for Punks V: Scottish brewer and retailer BrewDog has launched the latest round of its record-breaking crowdfunding scheme, Equity for Punks, which the company believes will make it the biggest cro … view
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Wednesday 18th October 2017
Propel Wednesday News Briefing
Stonegate will not make revised offer for Revolution, Deltic still willing to discuss merger: Stonegate Pub Company has said it will not make a revised offer for Revolution Bars Group after its £101.5m takeover bid was rejected. Meanwhil … view
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Tuesday 17th October 2017
Revolution shareholders reject Stonegate takeover bid
Revolution shareholders reject Stonegate takeover bid: Revolution Bars Group shareholders have rejected Stonegate Pub Company’s £101.5m takeover bid. When Stonegate made its original 203 pence per share cash offer for Revolution in August, … view
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Tuesday 17th October 2017
Tim Martin – ‘Wetherspoon food costs will go down if we opt for unilateral free trade’
Tim Martin – ‘Wetherspoon food costs will go down if we opt for unilateral free trade’: Wetherspoon founder Tim Martin has argued that his company will save 1.5p per pint or meal sold if the UK opts for unilateral free trade after l … view
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Tuesday 17th October 2017
Propel Tuesday News Briefing
Sourced Market founder looks for further partnerships following success of hotel deal and production kitchen launch: Sourced Market founder Ben O’Brien has told Propel the success of the brand’s new small-format store in the City of L … view
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Monday 16th October 2017
Stonegate ‘considers its options’ as Revolution shareholders deal blow to £101.5m takeover bid
Stonegate ‘considers its options’ as Revolution shareholders deal blow to £101.5m takeover bid: Stonegate Pub Company has said it is “considering its options” after Revolution Bars Group shareholders dealt a blow to its £101.5m takeo … view
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Monday 16th October 2017
Azzurri Group reports sales increase 12.5%
Azzurri Group reports sales increase 12.5%: Azzurri Group, which operates Zizzi, ASK Italian, Coco di Mama and the Radio Alice brands, has reported sales increased 12.5% to £262.8m for the year ended 2 July 2017. The company reported Adjusted … view
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Monday 16th October 2017
Coffer Peach – London restaurants saw like-for-likes down 3.2% in September
Coffer Peach – London restaurants saw like-for-likes down 3.2% in September: Britain’s managed pubs, bars and restaurants saw like-for-like sales decline 0.9% in September as the public appeared to pull back on spending on eating and drink … view
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Monday 16th October 2017
Propel Monday News Briefing
Casual Dining Group signs franchise deal in Ireland: Casual Dining Group has signed a franchise deal giving exclusive rights to its Las Iguanas and Bella Italia brands in the Republic of Ireland to experienced restaurateur, Robert O’Don … view
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Monday 16th October 2017
Casual Dining Group signs franchise deal in Ireland
Casual Dining Group signs franchise deal in Ireland: Casual Dining Group has signed a franchise deal giving exclusive rights to its Las Iguanas and Bella Italia brands in the Republic of Ireland to experienced restaurateur, Robert O’Donoghue … view
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Friday 13th October 2017
Friday Opinion
Subjects: Kitchen concept is a game changer, equipping talent with confidence, and thanks for the good times Aidan
Authors: Glynn Davis, Chris Edger and Tony Hughes, and Ann Elliott

Kitchen concept … view

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Friday 13th October 2017
Update: Coyote Ugly, Mowgli and Lane7
Coyote Ugly signs 12-site UK franchise deal: Coyote Ugly, the rowdy, western-themed bar that celebrates the wild side of American culture has signed a franchise agreement that will bring 12 bars to major cities throughout the United Kingd … view
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Friday 13th October 2017
Propel Friday News Briefing
CGA – Christmas is the perfect time for premiumised offer: Pub, restaurant and bar operators across Great Britain may face an uncertain trading environment this Christmas but consumers are still likely to spend an additional £562m on d … view
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Thursday 12th October 2017
Stonegate declares 203p per share offer for Revolution as final
Stonegate declares 203p per share offer for Revolution as final: Stonegate Pub Company has declared its cash offer of 203p per share for Revolution Bars Group as final. Stonegate stated: “Stonegate notes the announcement released by Deltic G … view
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Thursday 12th October 2017
Update: Just Eat acquisition of Hungryhouse cleared, Mark Jones
CMA – Just Eat acquisition of Hungryhouse does not raise competition concerns: The Competition and Markets Authority (CMA) has reached a provisional conclusion that Just Eat’s acquisition of Hungryhouse does not raise competition conc … view
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Thursday 12th October 2017
Propel Thursday News Briefing
Teenagers will ‘look to brands to build their confidence’ as research reveals key trends set to impact food and drink market in 2018: Teenagers in Europe are increasingly defined by anxieties around image, health and work, and are loo … view
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Wednesday 11th October 2017
Propel Wednesday News Briefing
Heineken predicts new 'plug and pour' draught beer system could boost casual dining sector by £123m: Heineken has launched a new "plug and pour" draught beer system that it predicted could boost the casual dining sector by £123m. The co … view
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Tuesday 10th October 2017
Deltic ends interest in Revolution after ‘engagement with directors still not forthcoming’
Deltic ends interest in Revolution after ‘engagement with directors still not forthcoming’: Deltic Group has ended its interest in Revolution Bars Group after “engagement with its directors was still not forthcoming”. Deltic said it di … view
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Tuesday 10th October 2017
Revolution rejects revised merger proposal by Deltic and again invites cash offer
Revolution rejects revised merger proposal by Deltic and again invites cash offer: Revolution Bars Group has rejected the revised merger proposal from Deltic and again invited the company to make a cash offer. Revolution stated: “The board o … view
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Tuesday 10th October 2017
Update: Best UK bar and nightclubs, Marston’s, Domino’s UK and Whitbread
ALMR names best UK late-night operators: The Association of Licensed Multiple Retailers (ALMR) has announced the winners of the 2017 Late Night Awards, from a record number of entries – more than 300 nominations were received this year. … view
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Tuesday 10th October 2017
Propel Tuesday News Briefing
Healthy recipe box startup Mindful Chef closes crowdfunding campaign after raising £2m in 11 days: Healthy recipe box startup Mindful Chef has closed its fund-raise on crowdfunding platform Crowdcube after raising double its original £1 … view
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Monday 9th October 2017
Deltic unveils revised proposals for merger with Revolution
Deltic unveils revised proposals for merger with Revolution, lambasts board for failing to engage in discussions: Deltic Group has unveiled a revised proposal for a merger with Revolution Bars Group and lambasted its board for failing to engag … view
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Monday 9th October 2017
Revolution outlines reasons for concerns over proposed merger with Deltic
Revolution outlines reasons for concerns over proposed merger with Deltic: Revolution Bars Group has responded to Deltic Group’s merger proposal and said its concerns remain over the value and deliverability of a combination of the businesse … view
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Monday 9th October 2017
Oakman reports like-for-likes up 8.6%, boss warns of potential ‘significant slowing of investment in industry'
Oakman reports like-for-likes up 8.6%, boss warns of potential ‘significant slowing of investment in industry’: Oakman Inns and Restaurants has reported like-for-like sales increased 8.6% for the 26 weeks ending Sunday 1, October with tota … view
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Monday 9th October 2017
BII reveals 2017 NITAs finalists
BII reveals 2017 NITAs finalists: The British Institute of Innkeepers (BII) has announced the finalists in the eight categories for the National Innovation in Training Awards (NITAs) 2017. The finalists in each category will now undergo the fi … view
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Monday 9th October 2017
Propel Monday News Briefing
Soho House secures more than £400m to support growth: Soho House has secured more than £400m to help shore up its creaking balance sheet as it refinances its existing debt to support future growth. The company has signed an agreement wi … view
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Sunday 8th October 2017
McDonald’s UK pays £132m ‘franchise rights’ to Luxembourg, reports turnover and profit boost
McDonald’s UK pays £132m ‘franchise rights’ to Luxembourg, reports turnover and profit boost: The British arm of McDonald’s paid £132m in “franchise rights” last year, under a controversial structure that allegedly limits its bil … view
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Saturday 7th October 2017
Burger & Lobster reports future no longer ‘in significant doubt’
Burger & Lobster reports future no longer ‘in significant doubt’ following major restructure of company and finances: Burger & Lobster has reported it has turned its fortunes around following a major restructure of the company and its fina … view
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Friday 6th October 2017
Revolution’s largest shareholder withdraws support for proposed £101.5m Stonegate takeover
Revolution’s largest shareholder withdraws support for proposed £101.5m Stonegate takeover: Revolution Bars Group’s largest shareholder Artemis has withdrawn its support for a proposed £101.5m takeover of the company by Stonegate Pub Com … view
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Friday 6th October 2017
Update: Gaucho and Cabana results, Japan Centre joint venture, Domino's deal, and Hollywood Bowl
Gaucho reports turnover boost but losses double in first year under new ownership: Gaucho, which operates its eponymous brand as well as CAU, has reported a turnover boost in its first year under new ownership. The company, which was boug … view
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Friday 6th October 2017
Friday Opinion
Subjects: Restaurants’ bespoke brews, technology and the post-work world, and enthralling newbies by generating awe 
Authors: Glynn Davis, Paul Chase, and Chris Edger and Tony Hughes

Restaurants … view

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Friday 6th October 2017
Update: Hollywood Bowl, EasyCoffee, Merlin, Booker/Tesco merger opposition
Hollywood Bowl Group reports like-for-like sales up 3.5%: Hollywood Bowl Group, the UK’s largest ten-pin bowling operator, has reported like-for-like sales increased 3.5% for the year ended 30 September 2017. In its pre-close trading up … view
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Friday 6th October 2017
Propel Friday News Briefing
Deltic still working on cash offer for Revolution despite tabling merger proposals but won’t be pressed into ‘silly’ deal: Deltic Group chief executive Peter Marks has told Propel the company is still working on a possible cash offe … view
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Thursday 5th October 2017
Revolution acknowledges Deltic merger proposal, analysts’ views on deal
Revolution acknowledges Deltic merger proposal, analysts’ views on deal: Revolution Bars Group has acknowledged Deltic Group’s proposed terms for a merger and said it would provide a response in due course. The company stated: “Shar … view
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Thursday 5th October 2017
Update: Deltic tables Revolution merger plan, Busaba boss steps down
Deltic tables Revolution merger plan: Deltic Group has published its proposed terms for a merger with Revolution Bars Group. The merger proposal provides for a combination under which existing Revolution shareholders would own 65% and Del … view
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Thursday 5th October 2017
Propel Thursday News Briefing
Senior leaders upbeat over prospects despite challenges, 70% pass on food cost rises by increasing prices: Two-thirds of senior executives in the eating and drinking out sector remain upbeat over prospects for their business while acknowl … view
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Thursday 5th October 2017
Senior leaders upbeat over prospects despite challenges, 70% pass on food cost rises by increasing prices
Senior leaders upbeat over prospects despite challenges, 70% pass on food cost rises by increasing prices: Two-thirds of senior executives in the eating and drinking out sector remain upbeat over prospects for their business while acknowl … view
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Wednesday 4th October 2017
D&D London reports UK like-for-likes up 3% as it sees record revenue
D&D London reports UK like-for-likes up 3% as it sees record revenue: Restaurant group D&D London has reported UK like-for-like sales increased 3.0% for the year ended 31 March 2017. Turnover increased 16% to £125.0m compared with £107.8m th … view
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Wednesday 4th October 2017
Update: Domino’s, Jamie’s Italian, Vianet
Douglas Jack – Domino’s is building momentum: Peel Hunt leisure analyst Douglas Jack has issued a ‘buy’ note on Domino’s shares, arguing that sales momentum is staring to build. Issuing a target price of 400p, he said: “We bel … view
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Wednesday 4th October 2017
Propel Wednesday News Briefing
Revolution boss – Revolución de Cuba has ‘proper momentum’, smaller trading format provides scope for more than 50 sites for brand: Revolution Bars Group chief executive Mark McQuater has told Propel Revolución de Cuba has “prop … view
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Tuesday 3rd October 2017
Papa John’s UK reports record profit and turnover
Papa John’s UK reports record profit and turnover: Papa John’s, the US pizza business with more than 350 franchised stores in the UK, has reported turnover in the UK rose 11.9% to £56,539,000 for the year ending 25 December 2016 compared … view
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Tuesday 3rd October 2017
JW Lees reports record turnover and investment
JW Lees reports record turnover and investment: North west brewer and retailer JW Lees has reported record turnover of £67.7m, +£3.6m or 5.6%, for the year to 31st March 2017. During the year JW Lees made capital expenditure investments … view
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Tuesday 3rd October 2017
Update: Revolution results, Greggs trading, Everards deal
Revolution Bars Group reports sales increase in full year results: Revolution Bars Group has reported sales were £130.5m (2016: £119.5m) in the 52 weeks ended 1 July 2017 – like-for-like sales increased 1.5% (52 weeks). Six new sites … view
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Tuesday 3rd October 2017
Propel Tuesday News Briefing
Healthy recipe box startup Mindful Chef reports record sales: Healthy recipe box startup Mindful Chef, which has raised more than £1.2m on crowdfunding platform Crowdcube, has reported record sales in September. The “farm to fork” bu … view
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Monday 2nd October 2017
Michelin reveals new stars for 2018 including new three-star restaurant
Michelin reveals new stars for 2018 including new three-star restaurant: There was one new three Michelin-starred, one new two Michelin-starred and 16 new one Michelin-starred restaurants in the 2018 Michelin Guide. This year’s stars were re … view
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Monday 2nd October 2017
Foodservice price inflation grows to 9.3% in August
Foodservice price inflation grows to 9.3% in August: Foodservice price inflation grew to 9.3% in August to reverse two months of reductions, the latest CGA Prestige Foodservice Price Index has revealed. Inflation has grown by more than tw … view
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Monday 2nd October 2017
Update: New Time Out Market site, Jamie’s Italian results
Time Out Market site secured in Boston, Massachusetts: Time Out Group has signed a lease agreement for a new Time Out Market in Boston, with the benefit of planning for the site already secured. The site is located in the striking 401 Par … view
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Monday 2nd October 2017
Propel Monday News Briefing
Sector marketing and innovation to be recognised in new Propel awards event, entries now open: Propel is partnering Think Hospitality to launch a new awards scheme to recognise marketing excellence and innovation within the sector – and … view
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