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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Oct- 2023 -6 OctoberRestaurants
Sticks‘n’Sushi opens biggest site in Kingston-upon-Thames
Danish-Japanese restaurant group, Sticks’n’Sushi, has announced the opening of its biggest restaurant yet in Kingston-upon-Thames, which already has booking available starting from Monday 11 October. The 220-cover restaurant, which is located on the corner of Wood Street and Clarence Street in the historic Bentall Centre, is set over two spacious…
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Sep- 2023 -28 SeptemberNews
Big Table Group appoints new MD of Leisure Division
Big Table Group has announced the appointment of Debbie Husband as managing director for the Leisure Division that was recently acquired from The Restaurant Group (TRG). Husband will join The Big Table Group in October. She most recently held the position of managing director at the Rank Group PLC, having…
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8 SeptemberNews
The Restaurant Group chairman to step down
The Restaurant Group has announced that the company’s chairman, Ken Hanna, has decided to step down due to personal reasons. The board will now initiate a comprehensive search process to identify a new chairman and will update the market as and when appropriate. Hanna will remain with TRG as chairman…
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6 SeptemberRestaurants
TRG revenues rise 10% to £467.4m in H1
The Restaurant Group (TRG) has reported that total sales in the first half of the year rose by 10% to £467.4m, compared with £423.4m the prior year. Its adjusted EBITDA was also up 15% to £36.3m on a pre-IFRS 16 basis versus the VAT adjusted basis of £31.4m in H1…
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Jul- 2023 -25 JulyRestaurants
TRG investor considering bid for pub and leisure arms
An investor in The Restaurant Group (TRG) is considering a bid for the company’s pub and leisure arms, according to reports from The Telegraph. TMR Capital, which holds a 1.75% stake in TRG, is looking to acquire the Brunning and Price pub arm and the group’s leisure division, which includes…
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20 JulyRestaurants
Tattu announces rebrand to Permanently Unique
Tattu, the restaurant group founded by Adam and Drew Jones, has announced a rebranding to Permanently Unique. Tattu restaurant group was founded in 2015 by brothers Adam and Drew Jones. The rebranding comes as part of a plan for international expansion in the coming years. Tattu plans to launch its…
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19 JulyRestaurants
Wagamama sales boost Restaurant Group trading in H1
The Restaurant Group has welcomed a period of strong trading in the first half of the year, with sales at Wagamama and its Pubs division up by 5% and 9%, respectively. Wagamama continued to trade strongly in the period, with outperformance of the market in Q2, and like-for-like sales up…
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12 JulyRestaurants
Wagamama shareholder calls for chairman to be replaced
Irenic Capital Management, minority shareholder in The Restaurant Group which owns Wagamama, has called on the board of the company to replace chair Ken Hanna. Irenic, which owns a shareholding of 2.6% in TRG, wants Hanna replaced due to his “documented disregard for the best interests of all shareholders”. Alongside…
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10 JulyRestaurants
Ivy Collection cuts employee tips after minimum wage increase
Employees at restaurant branches of The Ivy Collection have said they are being short changed on their tips after the company cut their share of the service charge paid by diners when the legal minimum wage increased in April, The Guardian has reported. A few staff at the restaurant group…
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Jun- 2023 -21 JuneNews
The Restaurant Group unveils senior team changes
The Restaurant Group, which operates approximately 400 restaurants and pubs across the UK, has today announced a number of changes to its senior team. Kirk Davies, after more than five years at the company, will step down from his role as chief financial officer after TRG’s interim results in September…
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