The Restaurant Group

News

The Restaurant Group plans to shrink leisure estate by 30%

08 March 2023 by

In response to the tough economic environment, the Restaurant Group (TRG) has said it expects to reduce its leisure estate by around 30% from 116 sites to 75-85 by 2024.

News

Activist investor increases pressure on The Restaurant Group ahead of results

07 March 2023 by

An investor has reportedly threatened to push for the removal of the boss of Wagamama operator The Restaurant Group as it continues to exert pressure ahead of the group’s full year results announcement tomorrow (Wednesday 8 March).

The Restaurant Group buys Barburrito for £7m News

The Restaurant Group buys Barburrito for £7m

12 July 2022 by

The Restaurant Group has acquired Mexican-style fast casual restaurant chain Barburrito for £7m, with plans to[...]

Concession recovery offsetting food and drink inflation for the Restaurant Group News

Concession recovery offsetting food and drink inflation for the Restaurant Group

24 May 2022 by

The Restaurant Group has said the accelerated recovery of its concessions business is offsetting the impact[...]

The Restaurant Group upgrades 2021 earnings expectations News

The Restaurant Group upgrades 2021 earnings expectations

21 January 2022 by

The Restaurant Group – which operates brands including Frankie & Benny’s, Chiquito and Wagamama – has[...]

Arena’s Ken Hanna appointed chairman of the Restaurant Group News

Arena’s Ken Hanna appointed chairman of the Restaurant Group

28 October 2021 by

Ken Hanna has been appointed chairman of the Restaurant Group (TRG) ahead of Debbie Hewitt standing[...]

The Restaurant Group chair Debbie Hewitt to step down News

The Restaurant Group chair Debbie Hewitt to step down

08 June 2021

The Restaurant Group has announced that its chair, Debbie Hewitt, will be stepping down from the board on 31 December to chair the English Football Association.

Wagamama CEO Emma Woods to hand over role to Thomas Heier News

Wagamama CEO Emma Woods to hand over role to Thomas Heier

19 April 2021

Wagamama chief executive Emma Woods has announced she intends to step down from the role to pursue her non-executive career and hand over to internally appointed successor Thomas Heier.

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

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

Wagamama looking to open more delivery kitchens across the UK News

Wagamama looking to open more delivery kitchens across the UK

12 January 2021 by

Wagamama is looking to open further delivery-only sites across the UK to target customers out of[...]

Wagamama boss confident chain can bounce back after restrictions ease News

Wagamama boss confident chain can bounce back after restrictions ease

16 December 2020 by

The chief executive of Wagamama said there is “real confidence” the restaurant group can return to[...]

Wagamama owner secures £50m coronavirus loan News

Wagamama owner secures £50m coronavirus loan

10 July 2020

The Restaurant Group (TRG) has secured £50m through the Coronavirus Large Business Interruption Loan Scheme as it starts a phased reopening of its remaining 400 sites.

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

The Restaurant Group (TRG) will close 125 sites and see improved rental terms on others after a Company Voluntary Arrangement (CVA) gained approval.

Jacobs Media 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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