Chiquito
Reporting on brand performance, menu direction, and estate strategy from a themed casual dining operator serving the UK’s high streets and leisure parks. This section covers leadership decisions, refurbishment plans, customer engagement, and F&B development, providing insight for restaurant operators, franchise professionals, and foodservice leaders monitoring how family-friendly brands evolve in a competitive and value-sensitive market.
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Sep- 2023 -28 SeptemberNews
Big Table Group appoints new MD of Leisure Division
Big Table Group has announced the appointment of Debbie Husband as managing director for the Leisure Division that was recently acquired from The Restaurant Group (TRG). Husband will join The Big Table Group in October. She most recently held the position of managing director at the Rank Group PLC, having…
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12 SeptemberNews
TRG offloads leisure business to Big Table Group
TRG has announced that it has entered into an agreement for the proposed sale of its leisure business comprising 75 trading sites and associated restaurant and management team employees to the Big Table Group. As part of the transaction, TRG will pay a cash contribution of £7.5m to the Big…
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Jul- 2023 -25 JulyRestaurants
TRG investor considering bid for pub and leisure arms
An investor in The Restaurant Group (TRG) is considering a bid for the company’s pub and leisure arms, according to reports from The Telegraph. TMR Capital, which holds a 1.75% stake in TRG, is looking to acquire the Brunning and Price pub arm and the group’s leisure division, which includes…
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May- 2023 -24 MayRestaurants
Wagamama owner narrowly beats AGM investor revolt
Wagamama owner The Restaurant Group (TRG) has narrowly beaten a revolt from rebel investors over the pay of CEO Andy Hornby and the direction of the company at its most recent AGM. Over 45% of shareholders voted against the company’s directors remuneration report for 2022 which revealed that Hornby was…
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19 MayRestaurants
TRG comes under renewed pressure from activist investor
The Restaurant Group (TRG), owner of Wagamama, has reportedly come under renewed pressure from activist investors, according to reports from The Times. Oasis Management Company, the hedge fund leading the rebellion, has accused TRG of excluding “certain” shareholders from key information ahead of the company’s AGM. Oasis has used its…
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Feb- 2023 -22 FebruaryNews
Oasis reiterates ‘need for transparency’ amid Wagamama’s performance
Oasis, the Hong Kong-based activist investor, has again reiterated the need for transparency from The Restaurant Group (TRG) – the owner of Wagamama – following a response to its open letter which demanded sweeping changes after a 65% slump in share over the past year.In an open letter last week,…
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May- 2022 -16 MayNews
TRG faces investor backlash over CEO bonus
The Restaurant Group (TRG) is facing a potential backlash from the Institutional Voting Information Service (IVIS) as the company’s chief executive, Andy Hornby, has received the highest pay since 2017, while benefiting from government support. According to the Guardian, the Institutional Voting Information Service (IVIS), which is part of the…
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Sep- 2021 -8 SeptemberRestaurants
Five Guys to open new site in Livingston
Five Guys is set to open its latest location at The Centre, Livingston, having agreed a lease for a new 3,787 sq ft store at the shopping centre. The new site is due to open on 13 September following a full refurbishment of the unit. Five Guys will join a…
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May- 2021 -25 MayRestaurants
The Restaurant Group reveals return to pre-pandemic sales
The Restaurant Group has confirmed a return to pre-pandemic levels of trading since the easing of restrictions across the UK. The owner of Wagamama, Frankie and Benny’s, and Chiquito claimed that “no meaningful ‘like-for-like sales’ comparisons” can be made for the first 20 weeks of FY21. Instead, the group revealed…
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Feb- 2021 -8 FebruaryCoronavirus
Losses from top 100 UK restaurant groups rise 112% to £571m
The top 100 UK restaurants groups saw their losses soar by 112% to £571m last year, rising from reported losses of £269m at the end of last March, according to UHY Hacker Young. The firm said these losses only run up to the start of the lockdown and are therefore…
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