The Mitchells & Butlers (M&B) ‘supertanker’ is “slowly but perceptibly turning the corner”, according to a leading analyst who says it will take the company just over two years to deliver the “fully loaded” profits from its acquisition of 173 Orchid pubs
Major regional cities such as Manchester, Leeds and Liverpool are starting to rival London for the rate of new pub, bar and restaurant opening, as cities continue to dominate new openings at the expense of towns and suburbs
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. M&C Report this week launches a search for the industry’s next generation of motivational leaders under the heading Rising Stars. The initiative is aimed at the full spectrum of the industry from finance to property, ...
Eagle Eye, the digital loyalty company for the retail and hospitality sectors that initiated an IPO in April, has reported a 157% rise in revenues to £1.8m in FY2014 following its acquisition of mobile technology firm 2ergo in the period
Rosa’s, the London-based Thai café concept led by Alex Moore, has secured £500k of new funding and two new sites in Chelsea and Angel
Vinoteca, the fledgling wine bar and restaurant chain, has secured its fifth site in London in King’s Cross
Average dry rents on new pub leases from the four largest tenanted pub companies are up sharply this year, but have fallen as a proportion of projected turnover, as the market stages a steady recovery
Mitchells & Butlers (M&B) is understood to have shelved its current plans to expand in Ireland, The Irish Examiner reports, despite having identified a number of sites in the country including locations in Cork and Dublin
Richard Caring, the serial restaurant sector investor, is believed to have secured the former Henry J Beans site in London’s Chelsea
Consumer expectations in terms of value have never been higher, a great deal in part to the high levels of offer and service currently in play across the sector, but what can mark out that experience even further?
Brighton has gone from a grubby seaside town to gaining an exclusive status that’s almost on a par with London. Jessica Mason looks at what makes this city tick and how to make a business succeed
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
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
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
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