Strategy
This section highlights the strategic moves shaping the UK hospitality and foodservice industry. From brand repositioning and pricing models to diversification plans, leadership changes, and multi-site rollout strategies, our coverage provides valuable insight into how restaurant groups, pub chains, caterers, and bar operators are adapting to shifting market conditions. Whether you’re refining your business model, assessing competitor strategies, or making key investment decisions, this archive offers sharp editorial designed to support strategic thinking at every level of the foodservice sector.
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Dec- 2023 -15 DecemberPubs and Bars
McManus Pub Company sells four pubs to Valiant Pub Co
McManus Pub Company has announced that it has sold four pubs in Northampton to Valiant Pub Co. The properties sold include The Lord Byron, The Fox and Hounds, The Golden Horse and The Foundrymans Arms. McManus has taken this decision to “reduce its liabilities and establish more solid foundations for…
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13 DecemberPubs and Bars
Proper Pubs opens 200th pub in Glasgow
Proper Pubs, the community wet-led operator division of Admiral Taverns, has opened its 200th pub, the Chrystal Bell, in Gallowgate, Glasgow, ahead of Christmas. The news of the group’s 200th opening comes after Proper Pubs invested over £10m into its estate to support local communities, with 17 pubs having opened…
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6 DecemberNews
Today’s news in brief – 06/12/23
SSP reported a 38% rise in revenues to £3bn and doubled its EBITDA during FY23. This success was fueled by revenue growth and profit conversion, with a notable 25% H2 revenues increase on a constant currency basis. While North America, APAC, and EMEA regions contributed strongly, the UK and Europe…
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6 DecemberNews
EG Group to sell 218 KFC franchise restaurants
EG Group has announced that it has entered into a definitive agreement to sell all its 218 KFC franchise restaurants in the UK and Ireland to Yum! Brands’ KFC Division. The transaction agreed by EG Group – the largest KFC franchisee in the UK and Ireland – is an additional…
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4 DecemberFeatures
Why have London’s restaurants continued to become more expensive?
Data from Harden’s London Restaurants 2024 guide found that the number of restaurants in London charging £150 per head or more per person for a meal has risen 46% to 54 up from 37 last year. The data also found that there has also been a 59% jump in the…
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Nov- 2023 -30 NovemberNews
Knoops to double in size following £8.3m fundraising
Knoops, the chocolate cafe, has announced plans to more than double in size in 2024 following a £8.3m fundraising which leaves the business debt-free and positioned for higher profits next year. The fundraising, led by a £5.5m investment from the London-based retail and property group Morleys Stores Limited, allows Knoops…
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30 NovemberRestaurants
Pizza Punks appoints FRP to assist with 2024 expansion plans
Pizza Punks has appointed FRP Corporate Finance to assist the chain in raising capital, as it looks to speed up its expansion plans during 2024. The firm’s appointment comes as the pizza chain has spent the past six months consolidating after opening four new restaurants last year in Leicester, Nottingham,…
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28 NovemberNews
TRG shareholders approve £506m Apollo deal
The Restaurant Group shareholders have formally voted in favour of the company sale to US-based private equity company Apollo Global Management for £506m. During a general meeting held yesterday (27 November), 93.5% of shareholders voted in favour of the cash acquisition of the group, which includes Wagamama and the pub…
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17 NovemberNews
Today’s news in brief – 17/11/23
Marston’s has appointed Justin Platt as the new CEO, effective 10 January 2024, following Andrew Andrea’s immediate departure. Andrea, who steered the company through the pandemic and economic challenges, will assist in a smooth transition. Platt, previously chief strategy officer at Merlin Entertainment, brings over 30 years of consumer-facing business…
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17 NovemberPeople
Marston’s appoints new CEO
Marston’s has announced the appointment of Justin Platt as the new incoming CEO, who will take up the role from 10 January 2024. The news comes after the current CEO Andrew Andrea has agreed with the board that he will step down from his role with immediate effect. Andrew, who…
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