Latest Briefing Archive Tab News Tab Events Tab Advertising Tab Contact Tab
 
Search our Previous Briefings
 
New Archive Heading
Current
Oct 2019
Sep 2019
Aug 2019
Jul 2019
Jun 2019
May 2019
Apr 2019
Mar 2019
Feb 2019
Jan 2019
Dec 2018
Nov 2018
Oct 2018
Sep 2018
Aug 2018
Jul 2018
Jun 2018
May 2018
Apr 2018
Mar 2018
Feb 2018
Jan 2018
Dec 2017
Nov 2017
Oct 2017
Sep 2017
Aug 2017
Jul 2017
Jun 2017
May 2017
Apr 2017
Mar 2017
Feb 2017
Jan 2017
Dec 2016
Nov 2016
Oct 2016
Sep 2016
Aug 2016
Jul 2016
Jun 2016
May 2016
Apr 2016
Mar 2016
Feb 2016
Jan 2016
Dec 2015
Nov 2015
Oct 2015
Sep 2015
Aug 2015
Jul 2015
Jun 2015
May 2015
Apr 2015
Mar 2015
Feb 2015
Jan 2015
Dec 2014
Nov 2014
Oct 2014
Sep 2014
Aug 2014
Jul 2014
Jun 2014
May 2014
Apr 2014
Mar 2014
Feb 2014
Jan 2014
Dec 2013
Nov 2013
Oct 2013
Sep 2013
Aug 2013
Jul 2013
Jun 2013
May 2013
Apr 2013
Mar 2013
Feb 2013
Jan 2013
Dec 2012
Nov 2012
Oct 2012
Sep 2012
Aug 2012
Jul 2012
Jun 2012
May 2012
Apr 2012
Mar 2012
Feb 2012
 
 
Propel Quarterly Spring 2018view online
 
Propel Premium
 
Brew City Banner
 
Wi5 Banner
 
STRYYK Banner
 
Lowlander Beer Co Banner
 
McCain Banner
 
Jagermeister Banner
 
Impact Data Banner
 
Funkin Banner
 
Franklin and Sons Banner
 
Freeths Banner
 
Startle Banner
 
Catapult Banner
 
Greene King
 
Ei Group Banner
 
Venners Banner
 
COREcruitment Banner
 
Brothers Banner
 
HGEM Banner
 
Zonal Banner
 
Diageo Sky
 
Freeths Banner
 
liveRES Banner
 
Lincoln & York Banner
 
Pipers Crisps Banner
 
Tahola Banner Tahola - What we do Tahola - What we do Tahola - What we do Tahola - What we do Tahola - What we do Tahola - What we do Tahola web link
 
 
Monday 30th September 2019
Propel Monday News Briefing
Marston’s places circa 150-strong pubs package on market: Marston’s, the brewer and pub operator, has placed a package of circa 150 bottom-end pubs on the market, which are understood to be valued at between £40m and £45m. As first … view
................................................................................................
 
Friday 27th September 2019
Exclusive: Thai Leisure Group to undergo CVA
Exclusive – Thai Leisure Group to undergo CVA: Thai Leisure Group, which operates restaurant brands including Thaikhun and Chaophraya, is set to undergo a company voluntary arrangement (CVA), Propel can reveal. Thai Leisure Group, led b … view
................................................................................................
 
Friday 27th September 2019
Friday Opinion
Subjects: Productive people, cherry-picking, cog in the wheel, and food waste for thought
Authors: Louise Sui, Paul Chase, Ann Elliott and Carol Evans

Productive people by Louise Sui 

UKH … view
................................................................................................
 
Friday 27th September 2019
Wells & Co chief executive Justin Phillimore to step down, Peter Wells to lead business
Wells & Co chief executive Justin Phillimore to step down, Peter Wells to lead business: Bedford-based brewer and retailer Wells & Co has announced Justin Phillimore will step down as chief executive at the end of the year. Peter Wells will st … view
................................................................................................
 
Friday 27th September 2019
Propel Friday News Briefing
Ballie Ballerson secures second site and Imbiba investment: Ball-pit cocktail bar concept Ballie Ballerson has started expansion with the launch of its second London site, in Soho, after securing backing from sector investor Imbiba, Prop … view
................................................................................................
 
Thursday 26th September 2019
Update: Time Out Markets, M&B, SSP, Tasty
Time Out Group reports strong early trading at three new food markets: Time Out Group has reported that it has opened three new Time Out Markets, in Miami, New York and Boston with “strong early trading”. Meanwhile its first Time Out … view
................................................................................................
 
Thursday 26th September 2019
Propel Thursday News Briefing
Abokado plans ‘phased process’ of closures following CVA approval: Abokado, the London-based healthy eating chain, is planning a phased process of closures during the next six months after entering into a company voluntary arrangemen … view
................................................................................................
 
Wednesday 25th September 2019
Abokado enters into CVA, online banking fraud investigation ongoing
Abokado enters into CVA, online banking fraud investigation ongoing: Abokado, the London-based healthy eating chain, has entered into a company voluntary arrangement (CVA) with the support of 99% of its creditors. The company revealed its … view
................................................................................................
 
Wednesday 25th September 2019
Update: Shepherd Neame results, Admiral acquisition and Shaftesbury trading
Shepherd Neame reports managed like-for-likes up 1.6% in most recent 11 weeks as turnover and profit falls in ‘transitional’ year: Kent brewer and retailer Shepherd Neame has reported like-for-like sales in its managed estate for the … view
................................................................................................
 
Wednesday 25th September 2019
Propel Wednesday News Briefing
Ten Entertainment Group securing ‘substantial’ rent reductions on former retail sites, starts further food trials: Duncan Garrood, chief executive of bowling and family entertainment centre operator Ten Entertainment Group, has told P … view
................................................................................................
 
Tuesday 24th September 2019
Hakkasan slashes six-month losses to $4.4m as it continues to stabilise and restructure business
Hakkasan slashes six-month losses to $4.4m as it continues to stabilise and restructure business: UK-based restaurant and nightclub company Hakkasan Group has slashed losses as it continues to stabilise and restructure the business. The compan … view
................................................................................................
 
Tuesday 24th September 2019
Update: Tasty, JD Wetherspoon, Shepherd Neame, Hotel Chocalat and Everyman
Tasty reports reduced loses on lower turnover: Wildwood operator Tasty has reported sales dropped to £21m in the 26 weeks ended 30 June 2019, compared to £23m in the same period the year before. It made a loss after tax of £800,000 com … view
................................................................................................
 
Tuesday 24th September 2019
Propel Tuesday News Briefing
Pret to complete national roll-out of full ingredient labels: Pret A Manger has revealed all 391 of its UK shops will have full ingredient labels on all freshly made products by the end of the week. During the past six months Pret has car … view
................................................................................................
 
Tuesday 24th September 2019
Pret to complete national roll-out of full ingredient labels
Pret to complete national roll-out of full ingredient labels: Pret A Manger has revealed all 391 of its UK shops will have full ingredient labels on all freshly made products by the end of the week. During the past six months Pret has carried … view
................................................................................................
 
Monday 23rd September 2019
Whitbread makes second German hotel portfolio acquisition
Whitbread makes second German hotel portfolio acquisition: Whitbread has acquired a portfolio of three independent hotels in Germany from a private individual operating under the brand Acomhotel for an undisclosed sum. It is Whitbread’s seco … view
................................................................................................
 
Monday 23rd September 2019
Brighton Pier Group reports sales and earnings rise
Brighton Pier Group reports sales and earnings rise: The Brighton Pier Group, which owns and trades Brighton Palace Pier, as well as seven indoor mini golf sites and twelve premium bars nationwide, including two ping-pong concept bars, ha … view
................................................................................................
 
Monday 23rd September 2019
Propel Monday News Briefing
Carluccio’s new tipping policy leads to team turnover falling: A new tipping policy implemented at Carluccio’s, the Mark Jones-led, Italian restaurant chain, has led to six consecutive months of team turnover declining and mystery din … view
................................................................................................
 
Monday 23rd September 2019
Business confidence among sector leaders at lowest for two years as Brexit fears mount
Business confidence among sector leaders at lowest for two years as Brexit fears mount: Business confidence among the leaders of Britain’s pub and restaurant groups has taken a hit amid fears about the long-term impact of Brexit – pushing … view
................................................................................................
 
Friday 20th September 2019
Admiral Taverns closes in on 150-strong Heineken package
Admiral Taverns closes in on 150-strong Heineken package: Admiral Taverns, the C&C Group and Proprium Capital-backed group, is closing in on a deal to acquire the 150-strong package of pubs Heineken UK placed on the market in July, Propel has … view
................................................................................................
 
Friday 20th September 2019
Friday Opinion
Subjects: Keep it simple, you just need to keep up, silver lining to Yellowhammer, and healthy work-life balance creates a healthier bottom line
Authors: Glynn Davis, Sally Whelan, Domini Hogg and Julie Phillips
view
................................................................................................
 
Friday 20th September 2019
Itsu reports like-for-likes up 7.2% in first half of 2019, full-year turnover rises to £117m
Itsu reports like-for-likes up 7.2% in first half of 2019, full-year turnover rises to £117m as it moves focus to evenings: Itsu, the healthy Asian food chain created by Pret A Manger co-founder Julian Metcalfe, has reported like-for-like sal … view
................................................................................................
 
Friday 20th September 2019
Propel Friday News Briefing
Clive Watson – City Pub Group scaling back expansion to focus on ‘bigger beasts’, share price rallies after dip: City Pub Group chairman Clive Watson has told Propel the company is scaling back expansion plans to concentrate on its … view
................................................................................................
 
Thursday 19th September 2019
The City Pub Group reports turnover and profit boost
The City Pub Group reports turnover and profit boost: The City Pub Group has reported sales rose 37% to £27.1m in the 26 weeks to 30 June, with like-for-like sales up 2.6%. Adjusted Ebitda up 20% to £3.6 million (2018: £3.0 million) an … view
................................................................................................
 
Thursday 19th September 2019
Propel Thursday News Briefing
Be At One founder returns with solo bar project: Steve Locke, co-founder of cocktail chain Be At One, is returning to the central London bar scene with a new solo project entitled Lockes, Propel has learned. The venture has soft launched … view
................................................................................................
 
Wednesday 18th September 2019
Propel Wednesday News Briefing
Flight Club team spent more than three years developing shuffleboard concept: The team behind Social Darts concept Flight Club told Propel it has been developing its shuffleboard concept, Electric Shuffle, for the past three and a half ye … view
................................................................................................
 
Tuesday 17th September 2019
Exclusive: Luke Johnson returns to market with All Star Lanes deal
Exclusive – Luke Johnson returns to market with All Star Lanes deal: Serial sector investor Luke Johnson is to return to the market with a deal for boutique bowling alley operator All Star Lanes, Propel has learned. It is understood Johnson … view
................................................................................................
 
Tuesday 17th September 2019
Propel Tuesday News Briefing
Hubbox secures further investment, FY sales set to hit £9m, appoints new finance director: Hubbox, the south west-based burger and barbecue concept led by Richard Boon, has strengthened its balance sheet with a further equity investment … view
................................................................................................
 
Monday 16th September 2019
Propel Monday News Briefing
Fuller’s to launch all-day dining and co-working concept after £2m City site upgrade: Fuller’s is to launch an all-day dining and co-working concept following a £2m upgrade to The Chamberlain Hotel in the City of London as it looks … view
................................................................................................
 
Saturday 14th September 2019
Tim Martin on sales, coffee, people retention, estate size, freeholds et al
Propel reports on JD Wetherspoon founder Tim Martin’s comments following yesterday’s (Friday, 13 September) full-year results:

Current trading: Like-for-like sales for the six weeks to 8 September 2019 … view
................................................................................................
 
Friday 13th September 2019
Friday Opinion
Subjects: 106 sleeps ’til Christmas, off the rails, the cheap labour era is over, and an amazing entrepreneur
Authors: James Hacon, Glynn Davis, Karl Murray and Ann Elliott

106 sleeps ’til Chri … view

................................................................................................
 
Friday 13th September 2019
Wetherspoon reports like-for-like sales up 6.8% in full year
Wetherspoon reports like-for-like sales up 6.8% in full year: JD Wetherspoon has reported sales rose 7.4% to £1,818.8m in the 52 weeks ended 28 July. Profit before tax was down 4.5% to £102.5m. After exceptional items, profit rose 7.2% to £ … view
................................................................................................
 
Friday 13th September 2019
Propel Friday News Briefing
Cabana went into administration after being unable to bridge £700,000 funding shortfall: Cabana, the Brazilian barbecue group founded by Jamie Barber and David Ponte, went into administration last month after facing a funding shortfall o … view
................................................................................................
 
Thursday 12th September 2019
Gresham acquires stake in Vinoteca
Gresham acquires stake in Vinoteca: Private equity firm Gresham House Ventures has acquired a stake in wine bar and restaurant concept Vinoteca, Propel has learned. The current backer of Pho and Rockfish is believed to have beaten Foresight an … view
................................................................................................
 
Thursday 12th September 2019
Gerry Carroll to step down as Hawthorn Leisure chief executive
Gerry Carroll to step down as Hawthorn Leisure chief executive: Gerry Carroll has announced he will step down as chief executive of Hawthorn Leisure, NewRiver REIT’s community pub-operating platform, with effect from Tuesday, 1 October. … view
................................................................................................
 
Thursday 12th September 2019
Ei Group shareholders overwhelmingly approve £3bn acquisition by Stonegate
Ei Group shareholders overwhelmingly approve £3bn acquisition by Stonegate: Shareholders of Ei Group have overwhelmingly approved the company’s £3bn acquisition by Stonegate Pub Company. A total of 96.57% of shareholders voted in favo … view
................................................................................................
 
Thursday 12th September 2019
Update: Comptoir Group results
Comptoir Group reports revenue and Ebitda boost, repositioned Westfield site trading ‘well above’ expectations, CFO retracts resignation: Comptoir Group, the owner and/or operator of Lebanese and Eastern Mediterranean restaurants, has … view
................................................................................................
 
Thursday 12th September 2019
Propel Thursday News Briefing
Pie & Pint Inns seeks pub company partner to grow: Essex-based pub operator Pie & Pint Inns is looking to partner with a bigger pub company in a bid to grow the three-strong brand, Propel has learned. Pie & Pints Inns founder Gary Downham … view
................................................................................................
 
Wednesday 11th September 2019
Gourmet Burger Kitchen like-for-likes up 8.6% in first half
Gourmet Burger Kitchen like-for-likes up 8.6% in first half: Gourmet Burger Kitchen’s (GBK) like-for-like sales were up 8.6% in the six months ended 25 August 2019, its parent company Famous Brands has stated. In a brief voluntary tradi … view
................................................................................................
 
Wednesday 11th September 2019
Propel Wednesday News Briefing
Propel launches Casual Dining Summit, open for bookings: Propel has launched the Casual Dining Summit in which some of the sector’s leading operators – big and small, new and established – will share expertise and insights into how … view
................................................................................................
 
Tuesday 10th September 2019
Propel Tuesday News Briefing
Good Food Guide – restaurants moving towards dynamic pricing: A number of restaurants are moving towards dynamic pricing, according to the Good Food Guide 2020. The seventh edition of the guide, published by Waitrose & Partners on Thurs … view
................................................................................................
 
Monday 9th September 2019
Abokado launches CVA after sharp reduction in sales and ‘sophisticated’ banking fraud
Abokado launches CVA after sharp reduction in sales and ‘sophisticated’ banking fraud: Abokado, the London-based healthy eating chain, has launched a company voluntary arrangement (CVA) after seeing a sharp reduction in sales and being the … view
................................................................................................
 
Monday 9th September 2019
Exclusive: Dan Warne unexpectedly departs as Deliveroo UK and Ireland MD
Exclusive – Dan Warne unexpectedly departs as Deliveroo UK and Ireland MD: Dan Warne, Deliveroo managing director for UK and Ireland, has unexpectedly left the business, Propel can reveal. Warne had led the UK and Ireland business since Augu … view
................................................................................................
 
Monday 9th September 2019
Update: M&B, Whitbread and Roadchef
Jamie Rollo – M&B like-for-like sales to continue outperforming a gently improving UK pub market: Morgan Stanley leisure analyst Jamie Rollo has said he believes Mitchells & Butlers (M&B) like-for-like sales will continue to outperform … view
................................................................................................
 
Monday 9th September 2019
Propel Monday News Briefing
Sector like-for-likes up 1.6% in August as wet-led pubs and London venues benefit: Britain’s managed pub and restaurant groups saw collective like-for-like sales grow 1.6% in August compared with last year, with wet-led pubs and venues … view
................................................................................................
 
Monday 9th September 2019
Sector like-for-likes up 1.6% in August as wet-led pubs and London venues benefit
Sector like-for-likes up 1.6% in August as wet-led pubs and London venues benefit: Britain’s managed pub and restaurant groups saw collective like-for-like sales grow 1.6% in August compared with last year, with wet-led pubs and venues … view
................................................................................................
 
Friday 6th September 2019
Greene King shareholders rebel over Anand pay-off, Nando's appoints new UK chief executive
Greene King shareholders rebel over £850,000 Anand pay-off: Shareholders at brewer and retailer Greene King have rebelled over the £850,000 pay-off given to former chief executive Rooney Anand. At the company’s annual general meeting … view
................................................................................................
 
Friday 6th September 2019
Friday Opinion
Subjects: Half measures, the perfect match, authentic Mexican cuisine is the next big thing, and alcohol myths
Authors: Glynn Davis, Brigid Simmonds, Kieran Waite and Paul Chase

Half measures by Gl … view

................................................................................................
 
Friday 6th September 2019
Update: Greene King trading, calls for alcohol duty reforms
Greene King reports like-for-likes up 1.5% in past seven weeks: Brewer and retailer Greene King has reported like-for-like sales growth of 1.5% in the past seven weeks. In a first-quarter trading update for the 18 weeks to 1 September ahe … view
................................................................................................
 
Friday 6th September 2019
Propel Friday News Briefing
Dodo Pizza sets sights on becoming UK’s second-largest pizza delivery business: Dodo Pizza, which was founded in Russia eight years ago and operates 522 stores, has set its sights on becoming the UK’s second-largest pizza delivery fir … view
................................................................................................
 
Thursday 5th September 2019
Propel Thursday News Briefing
Kerb reveals initial operator line-up as it prepares to open first permanent home this weekend: Street food business Kerb has revealed the initial line-up for its first permanent home, Seven Dials Market, which will open on Saturday (7 Se … view
................................................................................................
 
Wednesday 4th September 2019
Fuller’s returning £69m to shareholders following beer business sale, managed like-for-likes up 2.5%, Swaine joins Rank
Fuller’s returning £69m to shareholders following beer business sale, managed like-for-likes up 2.5%, Swaine joins Rank: Fuller’s has revealed plans to return £69m to shareholders following the sale of its beer business to Asahi and repo … view
................................................................................................
 
Wednesday 4th September 2019
Propel Wednesday News Briefing
Authentic Alehouses’ secured creditor agrees £3m deal to buy sites out of administration: Crowdstacker, the secured creditor of Authentic Alehouses, has agreed a deal to buy the seven-strong estate of pubs out of administration for £3 … view
................................................................................................
 
Tuesday 3rd September 2019
Exclusive: Grind repays Crowdcube bondholders early as part of newly agreed £4.6m HSBC funding
Exclusive – Grind repays Crowdcube bondholders early as part of newly agreed £4.6m HSBC funding: Coffee and cocktail brand Grind has announced a newly agreed £4.6m funding package with HSBC, following its £3.4m Crowdcube equity raise earl … view
................................................................................................
 
Tuesday 3rd September 2019
The Restaurant Group to exit at least half of its 352 leisure sites at first opportunity
The Restaurant Group may exit at least half of its 352 leisure sites at first opportunity: The Restaurant Group may exit at least half of its 352 leisure sites at the first possible exit opportunity, the company reported this morning. The … view
................................................................................................
 
Tuesday 3rd September 2019
Propel Tuesday News Briefing
Pret reorganises management team, appoints new UK MD: Pret A Manger, the JAB Holdings-backed chain, has reorganised its UK management team, including the appointment of a new UK managing director, Propel understands. The company has promo … view
................................................................................................
 
Monday 2nd September 2019
Robinsons reports record turnover of £75.5m, tenanted like-for-like net income up 4.2%
Robinsons reports record turnover of £75.5m, tenanted like-for-like net income up 4.2%: North west brewer and retailer Robinsons has reported turnover increased 6.1% to a record £75.5m during the year ending 31 December 2018, compared with … view
................................................................................................
 
Monday 2nd September 2019
Propel Monday News Briefing
Debenhams to roll-out Harry Ramsden branded fish and chips across its estate: Retailer Debenhams is to continue to ramp up its food and beverage offer, with the launch of a partnership with Harry Ramsden, which will see branded fish and c … view
................................................................................................