Mitchells & Butlers logo

M&B Q3 trading flat

24 Jul 2014

Mitchells & Butlers (M&B) has this morning reported that like-for-like sales through its third quarter (14 weeks to 19 July) were flat, with a 0.6% rise in like-for-like food sales offset by a 0.5% decline in drink sales

Top Stories

Spirit logo

Bids in for £650m pub and hotel portfolio

24 Jul 2014

First round bids have been submitted for a portfolio of c200 hotels and pubs, which is believed to be valued at up to £650m

All Bar One Buckingham Gate

Jack: M&B's expansion ability in question

24 Jul 2014

A leading analyst has said that Mitchells & Butlers (M&B) “ongoing malaise” leaves its ability to expand and reintroduce dividends in question

Underage drinking at record low levels

24 Jul 2014

The rate of underage drinking has fallen to its lowest level since records began in 1988, according to a report from a Government-backed body that provides research on public health

Liverpool to consult on late-night levy

24 Jul 2014 | By James Wallin

Liverpool City Council’s licensing committee has granted a consultation on implementing a late-night levy

Marston's Pedigree

Marston's: World Cup impact 'broadly neutral'

24 Jul 2014

Marston’s, the brewer and pub operator, has reported a 4.1% rise in like-for-like sales in its Destination and Premium arm for the 41 weeks to 19 July, with the company describing the impact of the World Cup as “broadly neutral”.

Fuller's CEO Simon Emeny

Fuller's managed lfls grow 7.3%

24 Jul 2014

Fuller’s, the London-based brewer and pub operator, has reported “strong trading” across all divisions with a 7.3% rise in like-for-like sales in its managed pubs and hotels division for the 16 weeks to 19 July 2014

Chipotle

Chipotle: England occupancy costs 'super high'

24 Jul 2014

Chipotle views occupancy costs in England as being “super, super high”, a fact that’s encouraging the group to introduce smaller format restaurants with less seating for its rollout

Parliament

Family brewers criticise pubco code plan

24 Jul 2014 | By James Wallin

The Independent Family Brewers of Britain (IFBB) has branded the proposed pubs code an “insult to the way we do business” in the latest blow to the Government’s proposals

Jack reiterates Buy for Marston's

24 Jul 2014

Leading analyst Douglas Jack has reiterated his Buy recommendation for Marston’s following its Q3 trading update this morning, saying that the group is still trading ahead

Inside Track

Itsu

Shopping around for the right mix

21 Jul 2014

Shopping nowadays is as much ‘experience-based’ as it is ‘needs-based’. While online offers the best value and convenience, shopping centres will always have the upper hand from an experiential point of view. At least for the time being argues Richard O’Sullivan, the co-founder and CEO of Boost Juice Bars UK, who previously co-founded the 100-plus retail chain, Millie’s Cookies

Craft Beer Co

Honing his craft

18 Jul 2014

Craft Beer Co has grown to be a leading player in the craft beer bar scene in recent years. Managing director Martin Hayes discusses the past, present and future of the company, and offers his take on craft beer in general

YO! Sushi logo

Little brother comes of age

16 Jul 2014

Just over a year on from joining YO! Sushi, the group’s new CEO Vanessa Hall talks to Mark Wingett about the brand, its people and the opportunities ahead

Tortilla

Q2 trading update

15 Jul 2014

M&C Report talks to pub, bar and restaurant groups about trading in the second quarter of 2014, with reflections on the first six months of the calendar year. The consensus is that the strong first quarter had broadly continued in Q2, aided to some extent by the weather and sporting fixtures, and operators are largely optimistic about the year ahead

Spirit bar staff

Rising stars needed to beat talent timebomb

14 Jul 2014

The ability to attract and retain new talent is one of the eating and drinking-out industry’s most significant challenges. Many school and university leavers continue to believe that the sector is not a viable career path for them to embark on

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