Connect with us

Hi, what are you looking for?

United Kingdom

More than 120 Frankies & Benny’s diners to close

At least 124 Frankie & Benny’s and Chiquito diners will close after The Restaurant Group announced a £79 million first-half loss.

The branches will go over the next six years.

Sales have continued to fall – despite re-vamped menus – coupled with a weak trading period, “extreme weather” in 2018, and the men’s football World Cup.

Advertisement

Debbie Hewitt, the chairman of the group, said it was taking a cautious approach to the struggling casual dining chains amid a “consumer environment that is tough with all sorts of uncertainty.”

She added: “We are mindful of the headwinds in the casual dining sector and the meaningful uncertainties created by the potential of a no‐deal Brexit and are planning with this in mind.

“However, our business is now better diversified and purposefully positioned to benefit from multiple opportunities for growth.”

 

 

Comments

Latest Tweets

London Globe

Calls for EU to investigate Russian payments to Maltese dentist. london-globe.com/european-uni… zpr.io/DSCQfaBy9JKt #news #

Advertisement

You May Also Like

United Kingdom

Film director Ridley Scott has recalled the death of actor Oliver Reed while making the Oscar winning blockbuster Gladiator. Scott said hard-drinking Reed “just...

Business

The controversial Russian businessman Viktor Baturin, well-known for his years-long counterstanding with his wealthy sister Elena, widow of Moscow ex-mayor Yuri Luzhkov, is likely...

United Kingdom

The Tremeloes. Dave Munden centre Dave Munden the Tremeloes drummer – and often lead singer – with the 60s chart toppers has died. He...

United Kingdom

The Watneys Party Seven is making a comeback. The ubiquitous 70s beer was a bland fizzing bitter ridiculed by many. The drink’s insipidness helped...