Mitchells and Butlers
Coverage explores the strategy, financial performance, and brand portfolio activity of one of the UK’s largest managed pub and restaurant operators. Reporting includes developments across core brands such as Harvester, Toby Carvery, Miller & Carter, All Bar One, and Ember Inns; estate investment and digital ordering; menu pricing; and evolving customer proposition. Insight is designed for operators, suppliers, and investors tracking mid-market dining, carvery and grill formats, and value-led group strategies across suburban and high-street locations.
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Jan- 2021 -4 JanuaryCoronavirus
Pandemic fuels 30,000 restaurant job losses
Almost 30,000 job losses were recorded by the UK’s restaurant and casual dining firms in 2020, according to data compiled by the Centre for Retail Research (CRR). The research also found that redundancies in the industry spiked 163% as a result of the Covid-19 pandemic and related restrictions. The job…
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Nov- 2020 -27 NovemberCoronavirus
Fullers swings to £22m pre-tax loss
Pub chain Fullers has reported a £22.2m pre tax loss from the six months ending in September, with chief executive Simon Emeny adding it will be a “tough winter” for the company. In the businesses financial results for the 26 weeks to 26 September 2020 it revealed it had made…
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26 NovemberBusiness
Mitchells & Butlers: 1,300 staff made redundant as losses reach £123m
Mitchells and Butlers, the pubs, bars, and restaurants group, has announced pre-tax losses of £123m for the financial year ended 26 September. Also revealed in the company’s full year results was the confirmation of approximately 1,300 redundancies since the year end. The firm’s revenues took a hit as a result…
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16 NovemberCoronavirus
Mitchells & Butlers to close 20 sites
Mitchells and Butlers, the restaurant, pub, and bar operator, has announced it will not reopen 20 of its sites. According to the Telegraph, the owner of All Bar One and Harvester is working to offload some of its leasehold properties that will face permanent closure if buyers cannot be found.…
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Oct- 2020 -15 OctoberCoronavirus
Marston’s warns ‘2150 jobs at risk’ amid new restrictions
Marston’s pub group is preparing to lay off 2150 staff members as a result of the new three-tiered lockdown system. The company said that since the first lockdown was lifted 10,000 staff members have been able return to work, however because of new restrictions imposed this week 2150 pub-based roles…
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13 OctoberGovernment
Mitchells & Butlers begins redundancy talks with staff
Mitchells and Butlers has begun consulting with a number of its staff regarding redundancy payments as the company struggles with the fallout from Covid-19. According to the BBC, the chain which owns brands such as Harvester and All Bar One has not yet disclosed how many jobs are at risk,…
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Sep- 2020 -14 SeptemberComment
The green initiative overlooked by the hospitality industry
The hospitality industry has a significant role to play if the UK is to achieve its ambitious recycling targets, and to this end there are many carbon reduction measures catering businesses have adopted in recent years. With the media spotlight on the problem of waste packaging, and food waste becoming of…
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Jul- 2020 -30 JulyFood and Drink
Deliveroo launches Table Service tool
Deliveroo has announced a new targeted support package to help pubs and bars reopen safely with the launch of its contactless dine-in tool – ‘TableService’. Deliveroo is the first major UK platform to introduce Table Service, which allows customers to order via the Deliveroo app in pubs, bars and restaurants,…
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17 JulyNews
What to expect from pubs and cafes during the pandemic
As Coronavirus restrictions begin to ease up around the U.K., a limited number of pubs, bars, restaurants, and cafes are looking to serve customers by August. Regulated to outdoor dining and self-catering accommodation, independent businesses are expected to function at a turnover of 25% of pre-lockdown levels. Thus, only half…
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2 JulyNews
Mitchells and Butlers swings to £121m loss
Mitchells and Butlers sales fell by 12.4% to £1.04bn in the half-year ended 11 April, while adjusted operating profit was £108m, down from £151m the year prior. In light of the pandemic and consequent lockdown, the group fell to a pre-tax loss of £121m. The group also made an operating…
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