All Mitchells & Butlers articles – Page 3
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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.
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News
Mitchells & Butlers experiences ‘volatile’ sales
Mitchells & Butlers is seeing ”signs of improvement” in trading following the easing of restrictions from July 19. Sales have been “volatile” since May 17, experiencing strong sales during the first five weeks, followed by slower than average trading, with city-centre sites most impacted.
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Analysis & Insight
Lounges to lead outlet growth
Loungers is forecast to be the standout brand performer in terms of outlet growth within the branded pub & bar restaurant segment according to Lumina Intelligence’s latest ODI (Operator Data Index) analysis.
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Interviews
M&B’s Bob Ivell: ‘I wouldn’t have wanted to do anything else’
Bob Ivell says he is often asked by friends why he hasn’t retired by now. For the Mitchells & Butlers (M&B) non-executive chairman, the answer is simple: ‘We have +1,700 of the best pubs and restaurants in the UK – why would I want to?’
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News
M&B announces boardroom changes
Mitchells & Butlers has announced that Ron Robson, deputy chairman and nominated representative of the group’s largest shareholder, the Odyzean Group, will be retiring from the board at the end of July.
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Interviews
M&B: ‘If we can’t trade, government support must continue’
Mitchells & Butlers’ (M&B) chief executive Phil Urban, said he would rather trade with some restrictions for longer, rather than have stop-start trade if local lockdowns were to be imposed due to the Indian variant of Covid-19.
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News
M&B in ‘strong competitive position’
Mitchells & Butlers made a loss before tax of £200m in the half year to 10 April, with only 14 weeks of restricted trading permitted during the period.
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Interviews
M&B’s Bob Ivell: ‘We have been at the mercy of the government’
Unlike the economic damage done by recessions, the hospitality has had no control over its destiny during the pandemic, according to Bob Ivell, non-executive chairman at Mitchells & Butlers (M&B), and winner of the Lifetime Achievement Award at MCA’s Retailers’ Retailer Awards.
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News
Beer supply is ‘patchy’ in areas but not ‘critical’
Mitchells & Butlers and Greene King have found that the supply of certain beer brands – namely Birra Moretti on draft – has been “patchy” but it not causing a huge problem yet, attendees of MCA’s The Conversation heard.
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News
Greene King: ‘Majority of orders are through our app’
Greene King has seen usage levels of its app soar since reopening, with 70% of its orders being submitted by guests through the technology, chief executive Nick Mackenzie told MCA’s The Conversation.
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Interviews
Phil Urban: Outdoor trading ‘lifts the spirits’
Mitchells & Butlers CEO Phil Urban has hailed the euphoria of customers being able to go out and mix with friends after months of lockdown.
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Events
Retailer’s Retailer Awards 2021 winners
The best of the best in the hospitality industry were recognised at MCA’s 2021 Retailer’s Retailer Awards, which were broadcast live on 11 March.
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News
M&B’s Bob Ivell awarded Lifetime Achievement
Mitchells & Butlers chairman Bob Ivell, known as one most experienced and successful leaders the modern pub and restaurant sector has ever known, has been awarded MCA’s Lifetime Achievement at the Retailer’s Retailer Awards.
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News
M&B completes £350m fundraise
Mitchells & Butlers has completed its capital fundraise, securing gross proceeds of £350.5m from shareholders.