TGI Friday’s

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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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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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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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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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 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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Wagamama and Turtle Bay sign 15-year leases at The Brewery

Restaurant brands Wagamama and Turtle Bay have secured lettings at The Brewery in Romford, Essex, through a recently-acquired prime supermarket…

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Top restaurant brands see turnover decline 20% in 2020, report finds

The top 25 restaurant groups in the UK have reported a reduced combined turnover of -20.1% year-on-year in the 2020…

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Hostmore named as TGI Fridays’ demerged owner

Electra Private Equity, the owner of TGI Fridays, has revealed Hostmore PLC as the trading name of its new parent…

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