Hostmore

Hostmore to acquire TGI Fridays for £177m

Hostmore has reached an agreement for an all-share acquisition of TGI Fridays for £177m, including the business’ brand in the…

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Today’s news in brief – 29/09/23

Hostmore has postponed any new restaurant openings until 2025, saving about £15m in cash expenditures due to challenging trading conditions.…

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Hostmore to defer new openings to 2025 amid challenging trading

Hostmore has revealed it has decided to delay any new restaurant openings until at least 2025, saving approximately £15m of…

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Hostmore appoints new non-executive director

Hospitality group Hostmore has today announced the appointment of Célia Pronto as an independent non-executive director with immediate effect.  Pronto…

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TGI Fridays operator sees Q1 sales slide 3%

TGI Fridays operator Hostmore has revealed a 3% drop in like-for-like sales in the 22 weeks ended 4 June 2023,…

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Hostmore appoints new non-executive director

Hostmore Group has recently announced the appointment of Helena Feltham as an independent non-executive director.   Feltham has over 30 years…

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Hostmore to further cost cutting plans amid new CEO appointment

Hostmore has announced a further cost reduction programme that will result in £4.1m of annualised savings, in addition to the…

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TGI Fridays axes free meals for staff

TGI Fridays has announced that staff who work a shift longer than 10 hours will no longer receive free meals.…

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Hostmore chairman to step down

Hostmore has announced that its chairman and non-executive director, Gavin Manson, will be retiring at the end of the annual…

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Hostmore appoints non-executive director of Occupyd Limited

Hospitality business Hostmore has announced the appointment of its CEO Robert B Cook to the role of non-executive director of…

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