Hostmore

TGI Fridays closes Leicester Square flagship

TGI Fridays has confirmed that it has closed its flagship venue in London’s Leicester Square. The casual-dining restaurant had opened…

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D&D London closes in on TGI Fridays rescue deal

TGI Fridays is close to a rescue deal with D&D London owners Breal Capital and Calveton as they could look…

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Today’s news in brief – 24/09/24

D&D London is in talks to rescue the UK operations of TGI Friday’s, Sky News has reported, following the collapse…

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D&D London owners in talks over TGI Friday’s rescue deal

Breal Capital and Calveton, owners of D&D London, are reportedly in talks over a bid to rescue the UK operations…

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Today’s news in brief – 19/09/24

Hostmore has fallen into administration, endangering some 4,500 jobs. While a total of 87 TGI Fridays restaurants have been put…

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TGI Friday owner calls in administrators, 4,500 jobs at risk

Hostmore, the group behind TGI Fridays restaurants in the UK, has officially appointed administrators from Teneo Financial Advisors. A total…

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Hostmore abandons bid to acquire TGIF

Hostmore has abandoned its plans to acquire TGI Fridays over legal issues.  The news comes after the board confirmed that…

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Today’s news in brief – 04/06/24

Hostmore’s year-to-date LFL sales fell 10% during the same 20-week period in 2023. This comes despite the group’s EBITDA continuing…

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Hostmore year-to-date LFL sales fall 10%

Hostomer has revealed that year-to-date like-for-like sales were 10% lower than during the same 20-week period in 2023. This comes…

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Today’s news in brief – 16/04/24

Hostmore will be acquiring TGI Fridays’ US brand for £177m. The proposed transaction would result in existing Hostmore shareholders holding…

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