Archive
Richards to leave Novus
18 June, 2013
Steve Richards is stepping down as chief executive of Novus Leisure after eight years in the role - and having last year led a £100m management buy-out and refinancing at the London-based bar and restaurant business. The search is underway for his successor.
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The new Peach Report magazine - OUT NOW
Latest Peach Report magazine is out on Monday. The founders of Renaissance Pubs look back on decade of transforming London pubs; plus the latest brand satisfaction ratings. If you're not yet a full subscriber, but want to receive the magazine, call Christine Martin on 01704 550383 now.more...
New openings: Greene King Hungry for more, Jamie's slims down
12 June, 2013
Greene King is opening more Hungry Horses and Jamie’s Italian is opening a smaller-scale Jamie’s Trattoria brand in Richmond. There's openings too from Crussh, Wildwood, Geronimo, Prezzo, Nando's, Fullers, Rhubarb, Ossett Brewery and Milton Brewery.
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May sales uplift for pub and restaurant chains
12 June, 2013
Pub and restaurant groups saw collective like-for-like sales increase 1.2% in May, against the same month last year. Total sales, including the impact of new openings, were up 4.5%, according to latest figures from the Coffer Peach Business Tracker.
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Fullers managed pubs see 7% like-for-like growth
7 June, 2013
Fullers, the Chiswick-based pub operator and brewer, saw like-for-like sales in managed pubs and hotels grow 2.1% in the year to March 30, with lfls leaping 7% in recent trading in the nine weeks to 1 June. It also announced it is opening London's Pride, the only airside pub at Heathrow's new Terminal 2 next year.
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New openings: TRG spreads Coast to Coast; Cosmo goes north, Peach south
5 June, 2013
The Restaurant Group is stepping up the pace of expansion for its Coast to Coast expansion with a clutch of new openings for 2013. There's openings news too from Cosmo, Peach Pub Co, Prezzo, Frankie & Benny's, CAU and Grillshack.
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Fowle and Watson line up for Future of Finance panel
20 June, 2013, Bafta, London
Industry leaders Adam Fowle and Clive Watson are joining our business leaders' panel at the 2013 Peach Future of Finance Dinner & Debate, in London, on 20 June. Ex-M&B ceo Fowle, whose business interests now include Bramwell and Bistrot Pierre among others, teams up with Watson who has just raised almost £10m to grow his City Pub Co venture.
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Bramwell picks Wild Lime for high street pubs
3 June, 2013
Bramwell Pub Company is readying a major new concept for high street pubs - Wild Lime Bar and Kitchen. The first site opens in Southampton next week. It will be an all-day offer with flexibility the key, serving everything from coffee and breakfasts to late-night drinks.
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New openings: Pink Shed pop-up, Debenhams, Tea Monkey, Farm House
30 May, 2013
The Pink Shed, a new pop-up private dining concept, has opened at the Trinity Leeds shopping centre. There's openings news too from Debenhams, Tea Monkey, Farm House Inns, Harvester, Marston's and Wagamama, among others.
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M&B growing sales and profit in a 'tough market'
23 May, 2013
M&B, Britain's biggest restaurant and managed pub operator, saw total sales grow 2% to £991m in the 28 weeks to 13 April. Operating profit was up 5% to £145m. Like-for-likes sales were essentially flat, ahead 0.3%.
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New openings: Whiteley, Coast to Coast, Poundcafe, Revere, Loungers
22 May, 2013
The Whiteley Shopping Centre near Fareham, Hampshire, is the latest retail centre to open with restaurants and cafes at its core. There's openings news too from Coast to Coast, Poundcafe, Revere, Loungers and Bumpkin.
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Culture the key advantage, Jim Sullivan tells London audience
17 May, 2013
Iconic restaurant guru Jim Sullivan brought his trademark energy, enthusiasm and insight to London this week to inspire the 270 industry professionals who attended his Fundamentals Masterclass, at the IMAX theatre Waterloo.
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Bacon and Neill line up for Future of Finance debate
20 June, 2013, Bafta, London
Restaurant entrepreneurs Ian Neill and Tim Bacon are joining the panel at the 2013 Peach Future of Finance Dinner & Debate, in London, on 20 June. Living Ventures boss Bacon has been raising funds for two projects, while ex-Wagamama chair Neill in now an active sector investor.
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Marston's continues with new builds as like-for-likes rise 6%
16 May, 2013
Marston's, the pub retailer and brewer, saw like-for-likes sales grow 6% in its Premium & Destination managed pub division over the six weeks to 11 May. It said it expected to open at least 20 new build pubs in the current year.
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New openings: Jamie opens diner, Shake Shack sets date
15 May, 2013
Jamie Oliver’s new diner has opened on Shaftesbury Avenue in London. There's openings news too this week from Shake Shack, Living Ventures, Aux Pains de Papy, Vapiano and Carluccio's.more...
Restaurant Group plans 30 plus new sites, as like-for-likes grow 4.5%
15 May, 2013
The Restaurant Group has reported strong trading for the first 19 weeks of the year with total sales up 11% and like-for-like ahead 4.5%. It plans to open 30 to 35 new restaurants this year.
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Sales recover in April after big freeze, with London to fore
15 May, 2013
Britain’s pub and restaurant groups returned to sales growth in April after a disastrous weather-hit March. Latest figures from the Coffer Peach Business Tracker show collective like-for-like sales edged up 0.1% against April last year, compared to the 3.0% fall seen in March.
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Auction Against Hunger raises £100,000
9 May, 2013
Auction Against Hunger has raised over £100,000 for the Action Against Hunger charity via its 'live' fundraising event at Shoreditch House in London on Tuesday evening and its online bidding for prizes.
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