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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.

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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.”

 

 

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