All Mitchells & Butlers articles
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Analysis & Insight
Leading pub groups growing ahead of overall market
The top 10 pub groups by turnover are forecast to grow by 6.2% year-on-year – ahead of total pub market growth of 1.7%, Lumina Intelligence has forecast, with Loungers, Mitchells & Butlers and Wetherspoons leading growth
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News
M&B sees inflation continuing to ease
The managed pub and bar company has reported trading ahead of the market, with total sales in the year to date up 7.3%
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Interviews
Mitchells & Butlers could grow ‘sizeable’ Mediterranean estate
CEO Phil Urban tells MCA the business sees potential to grow recently acquired Ego and Pesto restaurant chains to 80+ sites, both of which he feels will cater to a premium-focused and health-conscious consumer
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News
Mitchells & Butlers acquires Pesto Restaurants
The managed pub and restaurant operator has completed the acquisition of the Italian-inspired 10-strong tapas concept for no more than £15m, as the group reported “strong profit recovery” in the first half of the year
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News
Experiential concepts to drive pub and bar turnover growth
Brands such as Flight Club, Boom Battle Bar and NQ64 continue to demonstrate resilience and are expected to see robust growth in 2024
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News
Joe Lewis avoided jail. What now for his business empire?
The British billionaire and Mitchells & Butlers investor has been put on probation after admitting he orchestrated insider trading, The Sunday Times reports
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Interviews
M&B: ‘Our strategy is to appeal to different parts of the market’
Mitchells & Butlers has adopted a brand-specific approach to its digital evolution, Richard Whitehouse, director of digital product and transformation, told MCA’s Hostech
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News
M&B smokehouse brand to go head-to-head with Hickory’s
Mitchells & Butlers is looking to go head-to-head with Greene King with the launch of their take on a smokehouse brand
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News
Mitchells & Butlers chairman reappointment voted through
Almost 30% of shareholders voted against the reappointment of chairman Bob Ivell at the group’s annual general meeting yesterday
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Interviews
All Bar One: Electric kitchens and sustainable Cosmopolitans
The Mitchells & Butlers owned bar brand shares more on t its planet-friendly initiatives, in the latest in a series of finalist profiles for the Sustainability category of the MCA Hospitality Awards, sponsored by Pernod Ricard
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News
M&B ‘well positioned’ to grow profitability and market share
Mitchells & Butlers has announced a strong trading performance over the festive season, with like-for-like sales growth of 7.7% in the year to date, increasing to 10.1% over the five key festive days
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Interviews
M&B: ‘All parts of the market are recovering’
CEO Phil Urban speaks to MCA about making 20-30 conversions to Ego, why Nicholson’s is the top-performing wet-led brand in the stable, and how its new smokehouse concepts is inspired by Old Orleans
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News
M&B reports record market outperformance
The Toby Carvery and Harvester operator reported like-for-like growth across its portfolio, with total revenue of £2,503m for the year ended 30 September
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News
M&B to launch new smokehouse concept
Orleans Smokehouse will be inspired by the “flavours of New Orleans” and will open its first site in Birmingham early next year
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News
Hospitality leaders plead for no Christmas train strikes
Companies including Wasabi, Greene King, Fuller’s, and Mitchells & Butlers have signed an open letter to the Transport Secretary, RMT, ASLEF and Rail Delivery Group
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News
M&B outperforms market in Q4
Like-for-like sales were up 9.7% in the fourth quarter, driven by sustained growth in food and drink volumes
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News
M&B achieves 8.9% rise in like-for-likes
Against 2019, year-to-date like-for-like sales at M&B were up 10.0%, with growth driven by spend-per-head
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News
M&B ‘can act like a private equity co’
Mitchells & Butlers chairman Bob Ivell told MCA’s Pub Conference that the 57% ownership by Odyzean enables the managed pub and restaurant company to act with a more long-term approach than its public-listed peers
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News
M&B launches new flexible working app
Called M&B Flexible, the app will offer potential new team members the chance to choose their working hours, role type and venue they’d like to work in.
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Interviews
M&B: ‘We are very optimistic about the second-half’
With a stronger first half than expected, record high guest scores and cost pressures starting to ease, CEO Phil Urban tells MCA he’s feeling very positive about the future