All Mitchells & Butlers articles – Page 3
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News
Ego Restaurants makes ‘significant progress’
3Sixty Restaurants, which operates the Ego JV with Mitchells & Butlers, reported profit for the year to March 2022 of £3.8m, compared to a loss of £842k in 2021
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Interviews
Ego Restaurants: ‘We’re building cash now, to expand next year’
CEO James Horler tells MCA that with current cost pressures, expansion plans are being put on hold until next spring
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News
Mitchells & Butlers’ sales driven by food
The pub business saw a decline in like-for-like drink sales since 2019, partially offset by a rise in food sales
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News
Pub operators amp up delivery and retention efforts
Leading pub operators discussed their views on the current trading landscape during a round table discussion at MCA’s Pub Conference
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News
Pub sector shifts towards data-led approach
Punch Pubs & Co has gone from being a 25% data-led business to 75%, delegates heard in a panel session at MCA’s Pub Conference on the changes in operators’ approach to tech
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News
Pub Conference 2022: full agenda revealed
Stonegate’s chairman and founder Ian Payne, Fuller’s chief executive Simon Emeny and Shepherd Neame’s chief executive Jonathan Neame are among the highlights on the programme
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Analysis & Insight
M&B share price falls following H1 update
There was a mixed reaction from analysts following Mitchells & Butlers’ half year results statement yesterday, with the outlook on costs described as “bleak”
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Interviews
M&B: Browns could be the next Miller & Carter
If a trial Browns site in the suburbs is successful, the brand could be Mitchells & Butlers’ next growth vehicle, chief executive Phil Urban told MCA
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News
Food props up sliding drink sales at M&B
Mitchells & Butlers reported like-for-like growth of 1% in the 28 weeks to 9 April 2022, versus FY19, with encouraging signs of sales recovery in its city centre sites
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News
M&B names new non-exec and remuneration chair
Amanda Brown will join the board at the pub and restaurant business with effect from 4 July 2022 and will be appointed chair of the remuneration committee on the same date
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News
Mitchells & Butlers is left with a sweet hangover
M&B chief executive Phil Urban has long hoped that this will prove a big weekend for his 1,640-odd pubs, The Sunday Times reports
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Interviews
Hero Award: Ian Cutler was ‘the conscience’ of M&B
In the latest of a series of articles profiling nominees for MCA’s Hero Award at the Retailers’ Retailer Awards, we speak to M&B CEO Phil Urban about why he nominated his head of safety
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News
M&B feels impact of Omicron on Christmas trading
Mitchells & Butlers has reported a total sales decline of 5.2% for the year to date as the impact of Omicron had a noticeable impact on festive trading.
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News
Board changes at M&B
Susan Murray will be stepping down from her role as senior independent director at Mitchells & Butlers (M&B) at its 2022 Annual General Meeting.
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News
Liberation among pubs forced to swap expensive ingredients
Hake and sirloin steak are among the ingredients seeing such large inflationary price increases that menu swaps are on the cards
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Interviews
M&B: ‘There is a lot of scope to expand our delivery offer’
Mitchells & Butlers has explored the launch of virtual brands, but for CEO Phil Urban, “the value will be in the known brands”
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News
M&B returns to profit
Mitchells & Butlers has seen a return to profit and cash generation following the lifting of restrictions in July, despite a like-for-like sales decline of 9.6% in the full year to 25 September 2021.
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News
M&B expands Uber Eats partnership
Toby Carvery, Miller & Carter, Harvester and Browns will be available for home delivery on the app
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News
M&B reports ‘volatile but strengthening trade’
Mitchells & Butlers has reported like-for-like sales were 97% of pre-Covid levels, in the 18 weeks since 17 May, with the most recent eight weeks up to 104%.
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News
UberEats: ‘Pubs are well positioned for changing delivery trends’
UberEats’ Sunjiv Shah says delivery has turned from a once in a while treat into habitual behaviour, with the market reaching a value of £11bn last year.