All Mitchells & Butlers articles – Page 22
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NewsM&B ready to push the envelope with Harvester
Mitchells & Butlers (M&B) is ready to push the envelope when it comes to the development of Harvester, after Alistair Darby admitted that the company had moved too fast when iit entered the leisure and retail park sector with the brand
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NewsNew M&B IT infrastructure to be game changer
The consumer data that Mitchells & Butlers (M&B) will eventually be able to generate from the roll out of its new £33m IT system could prove to be a game changer for the company, according to chief executive Alistair Darby
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NewsFrench raises M&B Target Price
Leading analyst Simon French has reiterated his Sell recommendation for Mitchell’s & Butlers (M&B) but increased his target price from 301p to 365p, saying the company is “potentially a compelling turnaround story”
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NewsM&B: Expansion, Crown Carvery, promos, analysts
M&C Report takes a closer look at the full-year results for Mitchells & Butlers (M&B) and reports from an analyst presentation featuring chief executive Alistair Darby and finance director Tim Jones
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News
M&B’s market review
Mitchells & Butlers (M&B) said that 2013 has not been an easy year for UK consumers and pointed out five key trends currently impacting the market: Food remains the primary long term route to sustainable growth in this sector, the market is large but fragmented, leisure spending has been protected, the importance of brands is increasing, significant economic disparities by region and by economic grouping.
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News
M&B to take M&C north
Mitchells & Butlers (M&B) has lined up a further two sites for its steakhouse concept Miller & Carter (M&C) in Scotland and the north east, M&C Report understands
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NewsM&B FY lfls grow 0.4%
Mitchells & Butlers (M&B), the managed operator, has reported a 0.4% rise in like-for-like sales in the year to 28 September as pre-tax profit grew from £82m to £150m
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News
Improved margins at M&B to cover-up weak sales growth
A leading analyst has said that improved margins at Mitchells & Butlers (M&B) should help cover-up for weak sales growth in FY’13
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NewsAnalyst corner
Simon French at Panmure Gordon looks ahead to the full-year results for Mitchells & Butlers (M&B) next Tuesday (26 November) and says he expects “few surprises”
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Nicholson's staff help create Xmas ales
Nicholson’s, the Mitchell’s & Butler’s-owned pub brand, is to launch three Christmas ales brewed exclusively for the venues created by more than 70 members of staff in collaboration with three breweries and beer writers
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Diary
Diary: M&B, Eclectic, Enterprise Inns, PBR, Starbucks, Costa
This week’s Diary includes Eclectic’s admission to AIM, the end of the line for M&B’s Tuk Cho, Ted Tuppen’s next move, the fallout from PBR and finding love in Costa
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NewsEnd of the road for Tuk Cho
Mitchells & Butlers (M&B) has agreed to sell its Tuk Cho branded site in Ealing Broadway to Bill’s, the Richard Caring-backed group, M&C Report understands
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M&B continues evolution of All Bar One
Mitchells & Butlers (M&B), the managed operator, is continuing to evolve its All Bar One estate aimed at increasing the brand’s attractiveness to groups
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NewsPitcher swaps Bramwell for M&B
Rob Pitcher has become the first senior member of the management team at Bramwell Pub Company to leave the group to join Mitchells & Butlers (M&B) as its new brand operations director for its Sizzling Pubs and Oak Tree Pubs formats,
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NewsZonal to supply M&B sites
Mitchells & Butlers has signed a deal with Zonal to supply its pubs and restaurants with its hospitality technology solutions
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NewsAnalyst corner
Jamie Rollo at Morgan Stanley looks at the upcoming full-year results from Mitchells & Butlers (M&B) (26 November) and says he expects solid current trading, following a disappointing Q4
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Operators sign up for Buckingham Gate
All Bar One, Leon, Benugo and Curzon Cinema have become the latest operators to sign up for space at Land Securities redevelopment of Buckingham Gate in London’s Victoria, M&C Report understands
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NewsM&B has 'increasing growth ambitions'
Mitchells & Butlers’ recent acquisition of four freehold London sites from Convivial Pubs is evidence of its increasing growth ambitions, and the firm could exceed its expansion target over the next few years, according to a leading analyst
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NewsM&B to buy four Convivial pubs
Mitchells & Butlers is to spend more than £13.3m acquiring four sites from Convivial London Pubs, including the Mitre Hotel in Greenwich, which had a guide price of £6m