All Mitchells & Butlers articles – Page 14
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News
Analyst corner: Rollo on M&B
Leading analyst Jamie Rollo, of Morgan Stanley, says he expects new Mitchells & Butlers chief executive to update the market on the company’s mitigation of the pressures of the National Living Wage next month.
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M&B completes Orchid integration, de Polo joins Enterprise
M&B has completed the integration of the 173-strong Orchid estate it acquired for £266m last June and said that following this Steve de Polo has decided to leave the company to join Enterprise Inns.
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Former M&B director launches new concept with Imbiba
Jayne Baker, former retail director at Mitchells & Butlers, is launching a new restaurant, bar and bakery concept, Wright & Bell, with backing from Imbiba, M&C understands.
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NewsFrench: Chance for Urban to stamp authority on M&B
Leading analyst Simon French, of Cenkos, has said new Mitchells & Butlers chief executive Phil Urban has the “chance to stamp his authority on the lacklustre M&B”.
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News
Rollo: Various options open to new M&B CEO
Leading analyst Jamie Rollo, of Morgan Stanley, has said new Mitchells & Butlers chief executive Phil Urban faces a number of challenges in his new role, including weak like-for-likes, rising restaurant competition and wage cost pressures.
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Analysis & InsightDarby days
Almost three years to the day of his appointment, Alistair Darby is leaving Mitchells & Butlers (M&B) with the group still battling to gain any real and consitent momentum. But was he given long enough to build on the stability he brought to what had been the sector’s longest running soap opera?
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NewsUrban to replace Darby as M&B CEO
Alistair Darby is to step down from his role as Mitchells & Butlers chief executive next week to be replaced by current chief operating officer Phil Urban.
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News
Darwin & Wallace secures Chiswick site
Darwin & Wallace has secured its fourth site after acquiring the All Bar One in Chiswick from M&B
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NewsM&B plans All Bar One flagship site
M&B is to close its All Bar One site at London Bridge at the end of this month as part of the final phase of the Shard development
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NewsCollyer: Prudent for M&B to announce NLW plans
Leading analyst Geof Collyer has said that it might be prudent for M&B to announce what it plans to do in terms of the National Living Wage (NLW) now
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News
M&B launches sport-tied discount app
Mitchells & Butlers is introducing Eagle Eye Solutions Green Card payment app to give sports fans discounts on food and drinks during major sporting events
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NewsBurns: M&B has issue over what it is
Leading analyst Karl Burns at Panmure Gordon has argued that the fundamental issue with M&B is that it is now seen more as a restaurant company rather than a pub company
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Analysis & InsightBrits increasingly eating breakfast out of home
New figures from Mitchells & Butlers (M&B) show sales of breakfasts eaten out in the UK have grown significantly in the last 12 months alone
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News
Analyst corner: Rollo on M&B
Leading analyst Jamie Rollo at Morgan Stanley says he expects a small improvement in trading from M&B when it reports its Q4 figures
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NewsM&B to open a M&C near Chertsey
Mitchells & Butlers (M&B) is set to convert its Harvester near Chertsey, Surrey into its Miller & Carter steakhouse brand, M&C understands. The company is set to convert the Otter in Ottershaw to the 36-strong brand before the end of the year. M&B will open its second site under its ...
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NewsM&B starts rollout of evolved Sizzling format
M&B is continuing to evolve its Heartland estate with the rollout of its new Sizzling Pizza, Pub & Carvery format and a further evolved version of the brand
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News
Vapiano appoints ex-M&B property manager
Vapiano has appointed Rob Wickenden, formerly of Mitchells & Butlers (M&B), as its new real estate and development manager
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Tesco make further M&B appointment
Tesco, the operator of Giraffe and Harris + Hoole, has added a further former Mitchells & Butlers (M&B) employee to it’s the ranks
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NewsM&B Q3 lfls up 1.3%
Mitchells & Butlers has reported like-for-like sales growth of 1.3% for the 43 weeks to 25 July, and said it is “assessing a wide range of options” to mitigate the effects of the National Living Wage.
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News
M&B’s HQ acquired in c£70m deal
Legal & General Property has acquired the property housing Mitchells & Butlers’ headquarters and associated hotel for £69.5m