The Restaurant Group

News

The Restaurant Group seeks to raise £175m to expand Wagamama and pubs portfolios

10 March 2021 by

The Restaurant Group is hoping to raise £175m towards expanding its Wagamama and pubs portfolios and improving its liquidity headroom.

News

The Restaurant Group 'burning through £5.5m a month' during lockdown

01 March 2021 by

The Restaurant Group (TRG) has revealed it is burning through £5.5m a month during lockdown and has secured refinancing to help it survive the pandemic.

The Restaurant Group expected to close 125 sites following CVA approval News

The Restaurant Group expected to close 125 sites following CVA approval

29 June 2020 by

The Restaurant Group (TRG) will close 125 sites and see improved rental terms on others after[...]

The Restaurant Group launches CVA pursuing closure of 125 sites News

The Restaurant Group launches CVA pursuing closure of 125 sites

10 June 2020 by

The Restaurant Group (TRG) has launched a Company Voluntary Arrangement (CVA) that would see the closure[...]

The Restaurant Group confirms it is in discussions with landlords over closures News

The Restaurant Group confirms it is in discussions with landlords over closures

08 June 2020 by

The Restaurant Group has confirmed it is in discussions with landlords after reports that it plans[...]

Around 100 of the Restaurant Group sites to close with up to 3,000 job losses News

Around 100 of the Restaurant Group sites to close with up to 3,000 job losses

04 June 2020 by

The Restaurant Group (TRG) will not reopen 100-120 sites following lockdown, with job losses of 2,000-3,000[...]

Former Jamie Oliver CEO Jon Knight joins the Restaurant Group News

Former Jamie Oliver CEO Jon Knight joins the Restaurant Group

01 May 2020

Jon Knight, former chief executive of the Jamie Oliver Restaurant Group, has joined the Restaurant Group (TRG), which operates brands including Wagamama and Frankie & Benny’s.

Wagamama owner raises £57m in share places but warns some sites may not reopen News

Wagamama owner raises £57m in share places but warns some sites may not reopen

09 April 2020

The Restaurant Group has raised £57m through a share placing aimed to provide the company with “sufficient” liquidity to continue to operate through the coronavirus crisis.

Wagamama owner looks to share placing to ensure News

Wagamama owner looks to share placing to ensure "sufficient liquidity" through coronavirus crisis

08 April 2020 by

The Restaurant Group has announced that it will carry out a placing of new ordinary shares[...]

Wagamama owner unveils survival package of board pay cuts and extended credit News

Wagamama owner unveils survival package of board pay cuts and extended credit

06 April 2020 by

The Restaurant Group, behind brands including Wagamama and Frankie & Benny’s, has unveiled a survival package[...]

'It’s adios for now' – Chiquito to close majority of sites as group files for administration News

'It’s adios for now' – Chiquito to close majority of sites as group files for administration

27 March 2020 by

The Restaurant Group (TRG) has filed notice to put Chiquito into administration, a move which will[...]

Wagamama owner predicts coronavirus will see 25% fall in annual sales News

Wagamama owner predicts coronavirus will see 25% fall in annual sales

18 March 2020 by

The Restaurant Group, behind Wagamama, Frankie & Benny’s and Chiquito, has predicted coronavirus will hit yearly[...]

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

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