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.
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Apr- 2020 -6 AprilRestaurants
Covid-19: The Restaurant Group increases banking facilities as execs take pay cut
The parent company of Wagamama, The Restaurant Group (TRG), has announced extra flexibility in its banking facilities, with executive directors agreeing to take a pay cut amid the coronavirus pandemic. The company, behind the brands of Chiquito’s and Frankie and Benny’s, said the TRG lending group has agreed that there…
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3 AprilCoronavirus
Wahaca launches online platform
Wahaca has announced the launch of Wahaca At Home, a new online platform for families amid the ongoing coronavirus lockdown. Wahaca At Home will offer an “ongoing content series” of recipes, cocktail ideas, playlists, company news and activity ideas for families. In a statement, the Mexican food chain said: “In…
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Mar- 2020 -28 MarchRestaurants
Carluccio’s poised to enter administration amid Covid-19 lockdown
Italian restaurant chain Carluccio’s is reportedly set to file for administration, putting almost 2,000 jobs at risk. According to the Guardian, restructuring firm FRP Advisory confirmed it has been appointed to work with the chain. FRP told the Guardian: “FRP is working with the directors of Carluccio’s to consider all…
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27 MarchRestaurants
Gordon Ramsay Restaurant group lays off London restaurant staff
Celebrity chef Gordan Ramsay has terminated the contract of around 500 members of staff at his London restaurants as his business deals with the coronavirus outbreak. Staff were informed at a meeting earlier this week. The Gordon Ramsay Restaurant Group will reportedly pay the wages of staff for a further…
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27 MarchRestaurants
Covid-19: Chiquito to close 61 stores permanently
Mexican restaurant chain Chiquito is to close 61 stores across the UK permanently as a result of the coronavirus outbreak. According to the Guardian, the chain’s remaining 20 sites will reportedly reopen once the Coronavirus situation improves. The Restaurant Group, which owns Chiquito, said 11 Food and Fuel pubs in…
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6 MarchRestaurants
Cote restaurants sees profits rise to £5.5m
Cote restaurants has seen its profits for the year increase to £5.5m up from £4.6m the year prior. According to the latest figures filed with Companies House, the casual dining group also reported a 7% increase in revenues to £156.6m in the year ending 26 July 2019, compared with £146.3m…
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Feb- 2020 -26 FebruaryRestaurants
The Restaurant Group to close 90 restaurants by 2021
The parent company of Wagamama and Frankie and Benny’s, The Restaurant Group, has announced it is to close up to 90 restaurant sites by the end of next year. The group said the closure will affect its ‘leisure portfolio’, which includes the Chiquito and Frankie and Benny’s sites, and follows…
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24 FebruaryRestaurants
The Restaurant Group expected to announce further closures this week
The Restaurant Group (TRG) is expected to announce further site closures later this week when it provides a trading update. According to the Mail On Sunday, TRG is preparing to close a number of its underperforming sites with many believed to be located at retail parks. It has also been…
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Jan- 2020 -30 JanuaryComment
Dining with the stars: a definitive list of celebrity-owned haunts
WHO: Ed Sheeran WHAT: Bertie Blossoms WHERE: Notting Hill Last August, Ed Sheeran shocked his fans by announcing an 18-month hiatus from music. It seems the singer has found a new calling, because it was only a month later that he launched his very own restaurant, Bertie Blossoms. The eatery,…
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27 JanuaryRestaurants
D&D to launch Birmingham rooftop restaurant
Restaurant and bar group D and D London announced it will launch a new rooftop restaurant in Birmingham. The new restaurant will be sited at 103 Colmore Row, which is set to be Birmingham’s tallest office tower. Sterling Property Ventures, who are developing the site, has agreed a 25 year…
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