Wednesday 30th April 2025 |
Update: Greene King, Young's and Starbucks |
Greene King revenue up 3.2% in year of transition: Greene King saw revenue increase 3.2% to £2.45bn in the 12 months to 29 December 2024, with all four divisions experiencing growth, in what it said was a year of transition as it shifted … view |
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Wednesday 30th April 2025 |
Propel Wednesday News Briefing |
Starbucks franchisee aiming to almost triple the size of both its UK and overseas F&B estates in the next five years: Starbucks and KFC franchisee Queensway is aiming to almost triple the size of both its UK and overseas estates in the ne … view |
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Tuesday 29th April 2025 |
Propel Tuesday News Briefing |
Britain’s managed groups’ like-for-likes fall 0.6% in March but pub sales heat up in the sunshine: Britain’s managed groups’ like-for-like sales fell 0.6% in March, the new CGA RSM Hospitality Business Tracker reveals. It complete … view |
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Tuesday 29th April 2025 |
Britain’s managed groups’ like-for-likes fall 0.6% in March but pub sales heat up in the sunshine |
Britain’s managed groups’ like-for-likes fall 0.6% in March but pub sales heat up in the sunshine: Britain’s managed groups’ like-for-like sales fell 0.6% in March, the new CGA RSM Hospitality Business Tracker reveals. It completes a s … view |
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Monday 28th April 2025 |
Yumpingo acquired by US platform Black Box Intelligence |
Yumpingo acquired by US platform Black Box Intelligence: Black Box Intelligence (BBI), the US restaurant data and operational performance solution platform, has acquired guest experience management and survey platform Yumpingo. BBI said t … view |
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Monday 28th April 2025 |
Prezzo: Q1 lfl sales up 9%, set to unveil plans and strategic vision for the future |
Prezzo – Q1 lfl sales up 9%, set to unveil plans and strategic vision for the future: Prezzo, the Cain I … view |
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Monday 28th April 2025 |
Update: Deliveroo, Whitbread, junk food, matcha growth, first date findings |
Deliveroo shares climb as CEO set for £172m payout if deal agreed: Shares in Deliveroo climbed 27.4p to 174p in initial trading this morning after the board of the delivery firm said late last week that it would be “minded to recommend … view |
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Monday 28th April 2025 |
Propel Monday News Briefing |
WatchHouse – 62% revenue growth in FY24, second US opening imminent, plans ten openings in 2026: Specialty coffee business WatchHouse has told Propel it remains focused on deepening its presence in London and New York, while laying the … view |
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Sunday 27th April 2025 |
Exclusive: Ivy Collection and 23.5 Degrees accounts |
Ivy Collection sees profit and turnover grow despite inflationary headwinds, lines up Nottingham launch as it looks to add to estate: The Ivy Collection, the Richard Caring-backed restaurant chain, saw its profit and turnover grow in the … view |
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Friday 25th April 2025 |
Deliveroo opens the door to £2.7bn takeover |
Deliveroo opens the door to £2.7bn takeover: Deliveroo has indicated it is open to a £2.7bn takeover by US rival Doordash. The food delivery firm said today (Friday, 25 April), after markets closed, that it had received a proposal from … view |
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Friday 25th April 2025 |
Propel to launch ‘deep-dive’ parallel sessions at Excellence in Pub & Bar Retailing Conference |
Propel to launch ‘deep-dive’ parallel sessions at Excellence in Pub & Bar Retailing Conference: Propel is launching “parallel sessions” at this year’s Excellence in Pub & Bar Retailing Conference, which offer the chance to deep- … view |
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Friday 25th April 2025 |
Propel Friday News Briefing |
Chocoberry aiming for 100 locations as its targets Turkey for next overseas market: Dessert brand Chocoberry has said it is aiming to grow to 100 locations, as its targets Turkey for its next overseas market. Founded in Leicester in 2018 … view |
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Thursday 24th April 2025 |
Update: Domino’s, Chipotle, Activate and YouMeSushi |
Domino’s reports positive sales growth in first quarter with delivery up but collection down, most of targeted 50 new stores for 2025 to open in second half: Domino’s has reported positive sales growth in the first quarter of 2025, wi … view |
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Thursday 24th April 2025 |
Propel Thursday News Briefing |
Hospitality market stability under threat from new costs with 20 net closures per week in first quarter of 2025: Britain’s pub, restaurant and hotel market has achieved marginal growth in outlets over the last 12 months, the new Hospita … view |
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Thursday 24th April 2025 |
Hospitality market stability under threat from new costs with 20 net closures per week in first quarter of 2025 |
Hospitality market stability under threat from new costs with 20 net closures per week in first quarter of 2025: Britain’s pub, restaurant and hotel market has achieved marginal growth in outlets over the last 12 m … view |
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Wednesday 23rd April 2025 |
More than 100 supplier companies now subscribing to Propel Premium unlimited |
More than 100 supplier companies now subscribing to Propel Premium unlimited: More than 100 sector supplier companies are now subscribed to Propel’s Premium unlimited service, which provides a unique range of information services and insight … view |
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Wednesday 23rd April 2025 |
Update: Hollywood Bowl, Meatailer et al |
Hollywood Bowl reports record group first half revenue and strong customer demand, ‘well positioned to mitigate higher employment costs’: Hollywood Bowl has reported record group first half revenue alongside strong customer demand and said … view |
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Wednesday 23rd April 2025 |
Propel Wednesday News Briefing |
Exclusive – Federal Cafe appoints advisors as it targets growing a national presence: Manchester cafe concept Federal Cafe, which offers Australian and New Zealand-inspired brunch dishes, has appointed advisors as it looks to secure new … view |
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Tuesday 22nd April 2025 |
More than 500 companies now subscribing to Propel Premium |
More than 500 companies now subscribing to Propel Premium: More than 500 sector companies are now subscribed to Propel’s Premium service, which provides a unique range of information services and insight. Around 25% of these subscribers are … view |
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Tuesday 22nd April 2025 |
Exclusive: Tossed signs first franchise partner, sets sights on 50-store nationwide rollout |
Exclusive – Tossed signs first franchise partner, sets sights on 50-store nationwide rollout: Healthy eating brand Tossed, which operates 13 stores in London, has signed its first franchise partner as it looks to become the “UK’s leading … view |
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Tuesday 22nd April 2025 |
Propel Tuesday News Briefing |
Greene King to invest £10m into Hickory’s this year, plans to triple size of chain by 2030: Brewer and retailer Greene King has said it plans to invest £10m into its American-style smokehouse and barbecue brand Hickory’s this year, … view |
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Saturday 19th April 2025 |
F1 world drivers’ champion Fernando Alonso invests in Sticks’n’Sushi |
F1 world drivers’ champion Fernando Alonso invests in Sticks’n’Sushi: Fernando Alonso, the two-time F1 world drivers’ champion, has acquired a stake in the Danish-Japanese premium restaurant group Sticks‘n’Sushi. Alonso has co-inve … view |
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Thursday 17th April 2025 |
Deliveroo reports 7% revenue growth in UK and Ireland in first quarter as orders accelerate |
Deliveroo reports 7% revenue growth in UK and Ireland in first quarter as orders accelerate: Deliveroo has reported revenue in the UK and Ireland increased 7% to £327m in first quarter of 2025. The company said gross transactional value (GTV) … view |
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Thursday 17th April 2025 |
Propel Thursday News Briefing |
Exclusive – Loungers CEO invests in Bosco Pizzeria: Nick Collins, chief executive of café bar operator Loungers, has invested in pizza concept Bosco Pizzeria, Propel has learned. Propel understands that Collins, who has been chief exec … view |
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Wednesday 16th April 2025 |
Private equity firm True in talks to take stake in German Doner Kebab |
Private equity firm True in talks to take stake in German Doner Kebab: Private equity group True is in advanced talks to acquire a majority stake in the circa 180-strong German Doner Kebab (GDK) brand, to aid its next stage of growth both in t … view |
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Wednesday 16th April 2025 |
Update: Stonegate well-positioned to ‘maintain trajectory of profitable growth’, ‘banter ban’, Majestic, M&B |
Stonegate well-positioned to ‘maintain trajectory of profitable growth’: Stonegate Group, the UK’s largest pub company, has said it is “well positioned to maintain our trajectory of profitable growth”. It comes as the group rep … view |
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Wednesday 16th April 2025 |
Propel Wednesday News Briefing |
Giggling Squid co-founder – new labour costs mean focus on larger sites and a possible rethink on how big we can grow, casual dining sector will be a very different place in a decade: Andy Laurillard, co-founder of Giggling Squid, the T … view |
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Tuesday 15th April 2025 |
Double exclusive: Big Mamma Group and Tim Hortons UK results |
Exclusive – Big Mamma Group to open four new UK sites this year as turnover nears record £45m: Big Mamma Group, which is backed by McWin, has said it plans to open four new UK sites in 2025 as it reported turnover increased to a record … view |
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Tuesday 15th April 2025 |
Update: Jonathon Swaine to step down from Shepherd Neame, Everyman FY, Carlsberg, Big Mamma |
Jonathon Swaine to step down as Shepherd Neame MD, Pubs: Kent brewer and retailer Shepherd Neame has announced that Jonathon Swaine is to step down as managing director, Pubs, on 17 April 2025. Swaine, formerly of Rank Group and Fuller … view |
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Tuesday 15th April 2025 |
Propel Tuesday News Briefing |
Caprinos looking to make motorway services and airport debuts and seeking to grow company-owned estate: Fast-growing pizza franchise Caprinos has told Propel it is looking for its first motorway services and airport locations this year an … view |
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Monday 14th April 2025 |
Update: Topgolf founders’ new Poolhouse concept secures $34m of funding, Veeraswamy could close |
Topgolf founders’ new Poolhouse concept secures $34m of funding, gears up for London launch: The founders of Topgolf and World Golf Systems have secured $34m (£25.9m) of funding to launch their new competitive socialising concept calle … view |
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Monday 14th April 2025 |
Propel Monday News Briefing |
Heavenly Desserts to kickstart international expansion this year with openings in Canada, Germany, Pakistan and India: Artisan dessert restaurant Heavenly Desserts is to kickstart its international expansion this year with openings in Can … view |
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Sunday 13th April 2025 |
Exclusive: Adam Martin to step down as Tesco Hospitality MD, BrewDog creates co-leadership structure for bars business |
Exclusive – Adam Martin to step down as MD of Tesco Hospitality: Adam Martin, formerly marketing and strategy director at Mitchells & Butlers (M&B), is to step down as managing director of Tesco Hospitality, to retire, Propel has learned. Ma … view |
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Saturday 12th April 2025 |
Oakman Group founder and CEO steps away from business due to illness |
Oakman Group founder and CEO steps away from business due to illness: Peter Borg-Neal, founder and chief executive of Oakman Group, the award-winning, circa 30-strong pub and restaurant company, has stepped away from the business due to illnes … view |
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Friday 11th April 2025 |
Exclusive: Oakman appoints advisors to review options |
Exclusive – Oakman appoints advisors to review options: Oakman Group has appointed advisors to aid the circa 30-strong pub and restaurant company with its options, which could include a restructuring of the business, Propel has learned. Prop … view |
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Friday 11th April 2025 |
Propel Friday News Briefing |
Big Licks aiming to open first franchise stores this year as it targets 100 UK sites and overseas expansion: Smash burger and dessert concept Big Licks has told Propel it is aiming to open its first franchise stores this year, as it targe … view |
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Thursday 10th April 2025 |
Update: Esquires and Grosvenor Casinos trading, neighbourhood policing, Brakspear and Giraffe |
Esquires owner reports ‘strong trading momentum’ as full-year sales climb to £35.1m, strong pipeline of new stores anticipated in UK: Cooks Coffee Company, owner of the Esquires brand, has reported “strong trading momentum” with … view |
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Thursday 10th April 2025 |
Propel Thursday News Briefing |
Foodservice price inflation remains calm amidst global economic crosscurrents: The latest CGA Prestige Foodservice Price Index (FPI) indicates a continued easing of inflationary pressures, with the Index remaining relatively flat in Febru … view |
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Thursday 10th April 2025 |
Foodservice price inflation remains calm amidst global economic crosscurrents |
Foodservice price inflation remains calm amidst global economic crosscurrents: The latest CGA Prestige Foodservice Price Index (FPI) indicates a continued easing of inflationary pressures, with the Index remaining relatively flat in February, … view |
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Wednesday 9th April 2025 |
Legal Briefing |
Digital IDs and AI in our industry by Karen LushBeing asked to contribute to this month’s legal briefing happened to coincide with a classic parenting moment: my youngest lost his wallet on a night out. Of course, it contained not jus … view |
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Wednesday 9th April 2025 |
Propel Wednesday News Briefing |
Church’s Texas Chicken plans UK launch in next two years, could grow to between 300 and 500 sites here: Church’s Texas Chicken, one of the largest quick-service chicken restaurant brands in the world, is targeting a launch in the UK i … view |
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Wednesday 9th April 2025 |
Exclusive: Popeyes UK enters partnership with SSP, secures first airport site |
Exclusive – Popeyes UK enters partnership with SSP, secures first airport site: Popeyes UK, the US fried chicken quick service restaurant brand backed here by TDR Capital, has entered into a strategic partnership with SSP, the UK operator of … view |
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Tuesday 8th April 2025 |
Update: Fulham Shore, Starbucks UK, Caravan and Vue |
Fulham Shore CEO – pleased with progress on further enhancing the customer proposition and elevating positioning of our brands: Marcel Khan, chief executive of Fulham Shore, the Toridoll and Capdesia-backed group behind Franco Manca and The … view |
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Tuesday 8th April 2025 |
Propel Tuesday News Briefing |
SushiDog gears up to open ‘landmark site’, plans a further eight venues in next 18 months including regional debut: Quick service sushi roll concept SushiDog will open its tenth site in London – and largest yet – later this month, … view |
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Monday 7th April 2025 |
Exclusive: McDonald’s UK hires Mike Spencer as vice-president of development, plans 40 openings this year |
Exclusive – McDonald’s UK & Ireland hires Mike Spencer as vice-president of development, plans 40 openings this year: McDonald's UK & Ireland has hired Mike Spencer, formerly of Pizza Hut Restaurants UK and Yum! Brands, as its new vice-pre … view |
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Monday 7th April 2025 |
Update: Gong Cha reports record sales, Safestay gets go-ahead for Brighton hostel |
Gong Cha reports record sales as it steps up expansion: Gong Cha, the fast-growing bubble tea brand headquartered in the UK, enjoyed record sales last year as it stepped up aggressive expansion plans. The brand said system sales, comprisi … view |
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Monday 7th April 2025 |
Propel Monday News Briefing |
New competitive socialising concept aiming to open 30 sites within three years after launching franchise programme: New competitive socialising concept No Name Bar & Games is aiming to open 30 sites within three years after launching a franch … view |
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Friday 4th April 2025 |
Yard Sale Pizza secures Piper backing, sees potential for more than 500 UK locations |
Yard Sale Pizza secures Piper backing, sees potential for more than 500 UK locations: Piper, the private equity backer of Flat Iron and Turtle Bay Restaurants, has acquired a stake in Yard Sale Pizza, the restaurant and delivery business … view |
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Friday 4th April 2025 |
Update: Pubs and clubs could open later under new powers, Nightcap to bring The Piano Works to Cardiff |
Pubs and clubs could open later under new powers for London mayor, licensing reform panel formed: London councils that block pubs and clubs from opening later could have their decisions overturned by the mayor of London under new governme … view |
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Friday 4th April 2025 |
Propel Friday News Briefing |
Tokyo Industries CEO partners with Manchester operators for new vehicle to acquire their former sites out of administration: Tokyo Industries chief executive Aaron Mellor has partnered with Manchester operators Joel Wilkinson, Dan Mullen … view |
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Thursday 3rd April 2025 |
JD Wetherspoon targeting hotels as it steps up search for franchise partners with Christie & Co hire |
JD Wetherspoon targeting hotels as it steps up search for franchise partners with Christie & Co hire: JD Wetherspoon is stepping up its search for franchise partners as it targets hotels to open its pubs. The company has hired Christie & … view |
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Thursday 3rd April 2025 |
PizzaExpress secures refinancing deal |
PizzaExpress secures refinancing deal: PizzaExpress has agreed a refinancing deal with more than 97% of its existing bondholders. The company said the refinancing agreement follows a good opening quarter for the brand with like-for-like s … view |
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Thursday 3rd April 2025 |
Update: Osmond ups Various Eateries stake, Boujis founders open new club, US tariffs, household income |
Hugh Osmond ups stake in Various Eateries: Serial sector investor Hugh Osmond has upped his stake in Various Eateries, the Coppa Club and Noci concept operator. Xercise2 Limited – a company owned and controlled by Osmond – has purchas … view |
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Thursday 3rd April 2025 |
Propel Thursday News Briefing |
Banana Tree MD – the brand could grow to 75 sites and ‘maybe beyond’, Cardiff site is Big Table Group’s single biggest investment project: Kate Wilton, managing director of the Big Table Group-owned Banana Tree, has said the south … view |
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Thursday 3rd April 2025 |
Wells & Co CEO – consumer confidence will get harder this year but we’re going to grow rather than cut our way out of this |
Wells & Co CEO – consumer confidence will get harder this year but we’re going to grow rather than cut our way out of this: Peter Wells, chief executive of brewer and retailer Wells & Co, has told Propel he believes consumer confidence “ … view |
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Wednesday 2nd April 2025 |
Update: Brighton Pier Group plans to delist after strategic review, wages rises will ‘hurt the young’, tourism tax |
Brighton Pier Group sets out plans to go private: Brighton Pier Group has announced its proposal to go private and to cease trading on AIM after undertaking a review of its strategic options. It comes as the business said that trading res … view |
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Wednesday 2nd April 2025 |
Propel Wednesday News Briefing |
Kaspa’s – diversification of the model is essential to our 500-store target, looking to expand into new dayparts: Kaspa’s group managing director Francesco Arcadio has said diversification of the brand’s model is essential to reac … view |
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Tuesday 1st April 2025 |
Marugame Udon signs UK master franchise agreement with Karali Group, Pret opens first full-service dine-in store |
Marugame Udon signs UK master franchise agreement with Karali Group to accelerate growth: Marugame Udon, the international udon noodles and tempura restaurant brand has signed a UK master franchise agreement with Karali Group to accelerat … view |
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Tuesday 1st April 2025 |
Update: RedCat’s underlying profit set to double after transitional year, UberEats, SSP, Zizzi |
RedCat Hospitality’s FY25 underlying profit expected to more than double, after transitional year: RedCat Hospitality, the recently rebranded operator of Coaching Inn Group and RedCat Independent Pubs, has said that its adjusted Ebitda … view |
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Tuesday 1st April 2025 |
Propel Tuesday News Briefing |
Wingstop UK breaking global records, confident in going after larger locations: Wingstop UK has had a record-breaking start to the year, including setting new global standards, according to chief executive Chris Sherriff. Since launching … view |
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Tuesday 1st April 2025 |
Hospitality hit with £3.4bn annual cost increases, business rates reform must offer ‘maximum discount’ |
Hospitality hit with £3.4bn annual cost increases, business rates reform must offer sector businesses ‘maximum discount’: Hospitality businesses will from this month face an additional £1.9bn in wage costs and £1bn of employers’ nati … view |
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