All Revolution Bars Group articles – Page 3
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NewsRevolution sees nationwide scope to expand Peach Pubs
The group is focusing on premiumisation, optimising outdoor spaces, and marginal gains on sales, according to CEO Rob Pitcher
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NewsRevolution sales hit by ‘affordability issue’
Revolution Bars Group’s eponymous brand has been impacted by its 18-25-year-old demographic being disproportionately affected by the cost-of-living pressures, CEO Rob Pitcher tells MCA
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NewsRevolution sees Peach Pubs boost
The bar and pub group grew turnover to £150m, but a challenged late-night bars sector left like-for-like sales down -8.7%
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InterviewsRevolution Bars Group: ‘The future is positive’
Group CEO Rob Pitcher speaks to MCA about maintaining faith in the bars business, growing its food hall concept, and expanding Peach Pubs when the time is right
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NewsLate night demand continues to slide for Revolution Bars
Group like-for-like sales were down 8.7% vs pre-Covid, while Peach Pubs continues to trade strongly at 14% ahead of pre-pandemic
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InterviewsRevolution: ‘Peach Pubs deal is paying off’
With its core Revolution Bars brand hit by the cost of living crisis, group CEO Rob Pitcher says the acquisition of Peach has opened up a whole new, wealthier, demographic to tap into
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InterviewsRevolution Bars Group: ‘There is reason to be optimistic’
CEO Rob Pitcher speaks to MCA about integration and growth at Peach Pubs and like-for-like recovery in late-night bar sales
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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