The Restaurant Group
This compiles our reporting on The Restaurant Group (TRG), operator of prominent UK brands including Wagamama, Frankie & Benny’s, and Brunning & Price. We cover TRG’s strategic decisions, financial performance, brand portfolio changes, executive leadership moves, site rationalisation, and growth initiatives. Our analysis offers critical insight for restaurant operators, F&B executives, and hospitality professionals tracking the direction of one of the UK’s most influential multi-brand operators in casual dining and pub restaurants.
-
Jan- 2021 -21 JanuaryCoronavirus
Dining Street Limited calls in administrators
Dining Street Limited has fallen into administration resulting in 147 staff redundancies. The restaurant group, which operated under brands such as Richoux, Zintino, Friendly Phil’s, and The Broadwick, has cited “ongoing uncertainty” surrounding Covid-19 as the reason for its collapse. All of the company’s restaurants have been operating under limited…
Read More » -
15 JanuaryCoronavirus
Over 800 chain restaurants closed indefinitely due to Covid
Over 800 chain restaurants, cafes and pubs have closed indefinitely due to Covid-19, according to research carried out by the Evening Standard. The pandemic has greatly affected the wider hospitality sector, with operators having to regularly close over long periods of time due to tougher lockdown restrictions and social distancing…
Read More » -
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…
Read More » -
Dec- 2020 -22 DecemberBusiness
Maxwell’s Restaurant Limited calls in liquidators, 400 jobs lost
Maxwell’s Restaurant Limited has gone into liquidation resulting in 400 members of staff being left redundant. The restaurant group, which owned popular London venues such as Maxwell’s Bar and Grill, Cafe de Paris and Palm Court Brasserie said “reduced customer numbers” due to Covid-19 was one of the reasons for…
Read More » -
Nov- 2020 -25 NovemberBusiness
Restaurant Brands Collective to offer bespoke franchise service
Restaurant Brands Collective, a new company offering franchise food brands for virtual delivery or dine-in, has been launched by a team of food development, operations, and franchising experts. The company aims to offer individual franchise solutions, in a bid to help multi and single site hospitality businesses use a range…
Read More » -
19 NovemberNews
Breakfast Club founder searches for new MD
Founder of The Breakfast Club, Jonathan Arana-Morton, has announced that he is looking to step down as managing director of the brand. In an online statement, Arana-Morton suggested that the appointment of a new managing director would enable the group to “reach our potential”. Writing on LinkedIn, Arana-Morton said: “I…
Read More » -
4 NovemberNews
Camino co-founders secure rescue deal
Camino, a Spanish tapas restaurant and bar group, has been acquired out of administration by its former founders through a newly created holding company, saving 77 jobs in the process. Camino Trading Limited was recently created by Camino co-founders Nigel Foster and Richard Bigg, who now own the entirety of…
Read More » -
Oct- 2020 -14 OctoberNews
Boparan owner bails out GBK
Boparan restaurant group is reportedly purchasing the Gourmet Burger King (GBK) chain through a pre-pack administration, saving 650 jobs. According to Sky News, Ranjit Boparan, the owner of the restaurant group known for the brands Giraffe, Ed’s Shakes and Waffles and Slim Chicken will purchase 35 GBK restaurants, in a…
Read More » -
14 OctoberRestaurants
Comptoir Libanais reports £5m pre-tax loss
Comptoir Libanais has reported a pre-tax loss of £5m for the six month period ending 30 June, from a £547,685 loss over the same period last year. The group’s gross revenue dropped by 61% in the period to £6.1m, with Comptoir citing “Covid-19 related closures” as the reason behind the…
Read More » -
9 OctoberNews
The Restaurant Group faces shareholder concerns
A new shareholder resolution at restaurant chain The Restaurant Group has passed but was met with resistance. The restricted share plan was ultimately approved by investors though over a third of shareholders voted against the proposal. Some 37% of those who voted were against the new pay package which qualifies…
Read More »