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- 2019 -9 AprilRestaurants
The Restaurant Group brings 22 sites to market
The Restaurant Group (TRG), parent company of Frankie and Benny’s, Chiquito and The Distilling House, has brought a further 22 sites to market, bringing the total number of sites up for sale to 44. It is understood that 22 of these outlets have already ceased trading and are located at…
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5 AprilRestaurants
Gaucho owner acquires M Restaurants
Gaucho’s holding company Lomo Bidco, an entity owned by Investec Bank plc and SC Lowy, has acquired M Restaurants. The transaction, which concluded late yesterday (3 April), brings together M Restaurants’ three venues and Gaucho’s 16 restaurants. M Restaurants shareholders are said to have achieved a profitable exit from their…
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Mar- 2019 -22 MarchAnalysis
The emerging food-to-go trend
Within the food and drink industry, the food-to-go sector is booming and IGD has even forecasted that it will be worth £23.5bn by 2022. Within the sector, many different types of organisation are looking at how they can capitalise on consumers’ love affair with quick, convenient food. They should also…
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15 MarchPeople
Greene King and TRG among firms ‘failing’ on gender diversity
The Investment Association and the Hampton-Alexander Review have written to 69 of the FTSE 350 companies, including pub group Greene King, outlining concerns about the lack of gender diversity on its boards. The letter, which has been sent to companies who have no women or just one woman on their…
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5 MarchRestaurants
Casual Dining Group CEO steps down
Steve Richards, the CEO of Casual Dining Group (CDG), will be leaving the restaurant group at the end of May 2019 to join holiday resort company Parkdean Holidays as its CEO. CDG operates around 290 restaurants across a number of brands including Las Iguanas, Bella Italia and Cafe Rouge. Appointed…
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Feb- 2019 -27 FebruaryPubs and Bars
The Buxton pub to open on London’s Brick Lane
The restaurant group behind Spitalfields pub The Culpeper, has announced it is to open a new pub on London’s Brick Lane. The new pub, named The Buxton is a 15-bedroom pub with rooms and will open in spring 2019. Housed in a former victorian pub to the south of Brick…
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14 FebruaryRestaurants
The Restaurant Group CEO resigns
The Restaurant Group (TRG) has announced that Andy McCue, CEO, will leave the company due to “extenuating personal circumstances”. The company said it anticipated that McCue would remain in his position while his successor was being recruited and added a search for his replacement would “commence immediately”. McCue, who joined…
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Jan- 2019 -28 JanuaryRestaurants
Stew & Oyster moves into Malton’s Town Hall
The Fitzwilliam (Malton) Estate has confirmed the Stew & Oyster brand have signed a new lease of the former Malton Town Hall. Malton is the sixth and latest site for the Stew & Oyster team, who plan to open in April 2019. The bar and restaurant will serve regional craft…
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24 JanuaryBusiness
The Restaurant Group sales drop 2%
The Restaurant Group (TRG) saw a 2% drop in its like-for-like sales for the 52 weeks ending 30 December 2018 compared with the same period last year. This is excluding the recently acquired Asian restaurant chain Wagamama. Including one week of trading from Wagamama, the group’s total sales increased by…
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23 JanuaryRestaurants
Rosa’s Thai Cafe to open first site outside London
Rosa’s Thai Cafe is set to open its doors at its first non-London site located in Liverpool’s Royal Albert Dock development on 25 February. To celebrate the opening, diners will be treated to a soft launch offer of 50% off all food on Monday 25 and Tuesday 26 February. Saiphin…
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