All Revolution Bars Group articles – Page 2
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NewsRevolution Bars faces headwinds
The group announced £76m in sales for H1 FY23, with transport strikes, declining consumer confidence, record hot weather, and cost inflation impacting profitability
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NewsRevolution Bars Group appoints interim people director
Former Loungers people director Caryn Savazzi will look after people development and become part of the group executive team
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InterviewsRevolution Bars: ‘We will look to expand when the time is right’
The pub and bar operator has a strong pipeline in place but remains focused on integrating Peach Pubs into the company in the short term, CEO Rob Pitcher tells MCA
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NewsRevolution Bars Group closes on Mondays and Tuesdays to save energy
The group has revised down its profit expectations for the year after its bars were down 9% over Christmas due to the rail strikes
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NewsRevolution Bars Group is back in the black
The group turned around a £26.3m loss in 2021 to report a profit before tax of £2.1m in the 52 weeks to 2 July 2022, but recent sales have been hit by falling consumer confidence
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NewsRevolution Bars Group acquires Peach Pub Company
The operator of the Revolution and Revolucion de Cuba brands has acquired the 21-strong operator of premium food-led pubs for a consideration of £16.5m as it looks to diversify its growth strategy.
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NewsRevolution Bars Group ‘in great shape’
The business reported full year like-for-like sales growth of 1.3% across its 56 English bars, in line with expectations
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Analysis & InsightMelting pot: Footfall fluctuates amid heatwave
Hospitality operators have reported a mixed picture in terms of footfall during the heatwave. Featuring commentary from D&D London, Revolution Bars, Stonegate, McMullens, Various Eateries and Rekom UK
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NewsRevolution confident of beating market expectations
Revolution Bars Group has said that following strong trading over the Jubilee Bank Holiday its board is confident of delivering adjusted EBITDA of +£10m
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NewsRevolution announces first new openings in four years
Revolution venues in Exeter and Preston will open with a combined investment of £3.5m
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NewsVideo: Retailers’ Retailer Awards 2022
Watch highlights from MCA’s prestigious annual awards held at The Guildhall last month, where leaders of the sector came together to celebrate for the first time in three years
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NewsRevolution investing £2m to lift pay above minimum
The bar group said the initiative formed one of many commitments it was making to try and improve its attractiveness as a place to work, as well as to reward and retain existing staff
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NewsKPMG fined over Revolution audit errors
The firm was severely reprimanded by the Financial Reporting Council for breaching standards in its audits of Revolution for the 2015/2016 financial years
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NewsRevolution announces two new senior hires
The bar group has appointed a new brand operations director and head of growth and digital as it looks to kick-start its pipeline expansion
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InterviewsRevolution: ‘Growth strategy shows a real signal of intent’
Revolution Bars Group is looking to increase the size of its 67-strong estate by 10% over the next 18 months, following a four-year gap in new site acquisitions, chief executive Rob Pitcher has told MCA.
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NewsRevolution demonstrates ‘renewed confidence’
The bars group achieved EBITDA of £12.2m in the 26 weeks to 1 January 2022, just shy of the £12.8m it achieved two years previously
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Analysis & InsightRevolution in strong position to ramp up expansion
Strong like-for-like sales in restriction free trading periods coupled with less competition in the late night sector puts Revolution in a favourable position, analyst Peel Hunt believes
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InterviewsHero Award: Revolution hails flexible, enthusiastic head of safety
In the first of a series of articles profiling nominees for MCA’s Hero of the Year at the Retailers’ Retailer Awards, we speak to Revolution Bars Group CFO Danielle Davies about her pick, Mike Buckley
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NewsRevolution: ‘We are in a position to grow our estate again’
CEO Rob Pitcher told MCA the group has cash in the bank and five sites in negotiations
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NewsRevolution’s Christmas parties rebook for New Year
Despite seeing cancellations, Revolution Bars Group had a mostly strong second half of 2021, with like-for-like sales from July-November +14% versus two years ago.