Category: Pubs

Doing a Dignity — Who’s Next?

Many public companies, in search of forever-growth, have walked said path. Recent examples include Tesco’s c£250m profit misstatement in 2014, Restaurant Group’s profit warnings in 2016, and, most recently, Dignity’s slightly undignified tumble…

Rents Poised to Fall: Who Benefits?

The Times They Are A Changin’ Landlords have profited from the boom in casual dining. Low interest rates, deep pockets, and lots of vacant A1 units have encouraged growth. Supply is reaching a tipping point, particularly in London; the market is saturated. Interest rates, input costs, wages, competition, etc. have led operators to trim their…

Operators must Prepare for another Tricky Year

It’s tough out there — the data says so. Coffer Peach shows a flat summer followed by a negative September (LfL sales -0.9%, inflation +2.7%). Surprises: London underperformance (-1.6% vs. -0.7% in the regions) and restaurants faring worse than pubs (given the wetter, colder weather).

60 Seconds – An Autumnal Chill

In 2016 we experienced a remarkably warm September with a mean temperature across the UK of 14.6°C, up 2.0°C on the average. September 2017 was 12.6°C on average, a whole 2.0°C lower than last year. What effect could this change have had on the market?

60 Seconds on Experience, Esports, and Elusive Profits

If you want to sound like you know what’s up, just figure out a way to get ‘experience’, ‘esports’, ‘ping-pong’, and ‘food courts’ into a sentence or two. For example: ‘I’m so tired of boring old pubs serving evil, corporate lager — I’m much more into esports — more like THE sports, am I right! — and I love buying new experiences at my local food court. Most of all though, at the end of the day, I just want to drink cocktails and play ping pong in a basement somewhere.’

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