Wagamama
Coverage focuses on the performance, expansion, and brand strategy of the UKโs leading pan-Asian casual dining chain, known for its open kitchens, communal seating, and fast-casual service model. Reporting includes new site openings, delivery and click-and-collect rollouts, vegan and seasonal menu innovation, tech-enabled ordering, and group-level developments under parent company The Restaurant Group. Insight is designed for operators tracking high-volume branded dining, consumer health trends, and competitive movement across the mid-market segment.
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Nov- 2021 -5 NovemberRestaurants
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 financial year at ยฃ2.1bn, the latest data from the Lumina Intelligence Operator Data Index revealed. The report found that the average operating profit across the leading 25 restaurant groups has…
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Sep- 2021 -15 SeptemberRestaurants
The Restaurant Group H1 losses narrow to ยฃ58.8m
The Restaurant Group has narrowed its statutory pre-tax profit losses for the six-month period ending 4 July 2021 to ยฃ58.8m from ยฃ234.7m the previous year. The group, which owns Wagamama, saw revenues dip to ยฃ216.8m from ยฃ227.2m in 2020 as a result of the trading restrictions imposed at the beginning…
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8 SeptemberRestaurants
Five Guys to open new site in Livingston
Five Guys is set to open its latest location at The Centre, Livingston, having agreed a lease for a new 3,787 sq ft store at the shopping centre.ย The new site is due to open on 13 September following a full refurbishment of the unit. Five Guys will join a…
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Jun- 2021 -4 JunePeople
Chilango welcomes Nigel Sherwood as non-exec director
Chilango, the 14-strong Mexican-inspired restaurant chain with sites across London and the UK, has announced the appointment of Nigel Sherwood, who will be joining the board as a non-executive director.ย Sherwood is currently chief operating officer at Wagamama and has also worked asย managing director at Shake Shack, and within…
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May- 2021 -25 MayRestaurants
The Restaurant Group reveals return to pre-pandemic sales
The Restaurant Group has confirmed a return to pre-pandemic levels of trading since the easing of restrictions across the UK. The owner of Wagamama, Frankie and Bennyโs, and Chiquito claimed that โno meaningful โlike-for-like salesโ comparisonsโ can be made for the first 20 weeks of FY21. Instead, the group revealed…
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21 MayRestaurants
Gordon Ramsay Restaurants appoints new CFO
Gordon Ramsay Restaurants has announced that Antony Perring has joined the group as its new CFO. Perring previously served as CFO of Leon Restaurants from 2015 to early 2021, primarily responsible for delivering the financing structures. Prior to that he served as financial director at Wagamama from 2006 to 2014,…
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Apr- 2021 -16 AprilFood and Drink
Takeaways and deliveries soar 346% in March
Delivery and takeaway sales in March 2021 reportedly rose 346% year-on-year as consumers continued to replace dining out with at-home orders. According to the CGAโs hospitality at home tracker, the figure also represented a 9% increase from Februaryโs levels. The study found that deliveries accounted for over 62% of operatorsโ…
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Mar- 2021 -10 MarchRestaurants
The Restaurant Group to raise ยฃ715m to offset Covid-19 impact
The Restaurant Group (TGR) has announced it plans to raise ยฃ175m in a move which will aim to enhance liquidity, accelerate deleveraging and support selective growth as the company continues to struggle with the ripple effects of Covid-19. The plans mark the end of the groupโs โdeep restructuringโ programme and…
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2 MarchCoronavirus
The Restaurant Group burns through ยฃ5.5m per month amid lockdown
The Restaurant Group has revealed it has burned through ยฃ5.5m in cash per month during the ongoing national lockdown, adding that the cash burn rate is expected to stay at this level until the end of the current restrictions for hospitality businesses. Nonetheless, it has since secured ยฃ500m in new…
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Feb- 2021 -8 FebruaryCoronavirus
Losses from top 100 UK restaurant groups rise 112% to ยฃ571m
The top 100 UK restaurants groups saw their losses soar by 112% to ยฃ571m last year, rising from reported losses of ยฃ269m at the end of last March, according to UHY Hacker Young.ย The firm said these losses only run up to the start of the lockdown and are therefore…
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