The Restaurant Group

Friday five: the week's top stories

Friday five: the week's top stories

By Restaurant

The purchase of The Restaurant Group by Apollo Funds, and former The Fat Duck chef Ashley Palmer-Watts' return to the kitchens are among this week's most read hospitality stories.

The Restaurant Group shakes up senior team amid investor pressure

TRG shakes up senior team amid investor pressure

By Restaurant

The Restaurant Group (TRG) has announced changes to its senior team, with a new CFO announced and an overhaul of management in the group’s Leisure & Concessions division.

Tension builds ahead of The Restaurant Group crunch AGM with Oasis investor accusing it of withholding information from key shareholders

Tension builds ahead of TRG crunch meeting

By Finn Scott-Delany

Hedge fund Oasis Management Company has ratcheted up its attacks on The Restaurant Group (TRG), accusing it of withholding information from key shareholders ahead of next week’s annual general meeting.

Wagamama owner The Restaurant Group faces new investor pressure from Coltrane Asset Management

TRG faces new investor pressure

By James McAllister

The Restaurant Group (TRG) has come under renewed pressure from investors after Coltrane Asset Management, which has built a 3% stake in the business, called for change at the company.

Friday five: the week's top hospitality stories

Friday five: the week's top hospitality stories

By Restaurant

This week's most read stories include the announcement of the Chef of the Year shortlist at this year's Estrella Damm National Restaurant Awards, and more pressure being put on The Restaurant Group by its shareholders,

The Restaurant Group buys Mexican chain Barburrito for £7m

TRG buys Barburrito for £7m

By Restaurant

The Restaurant Group (TRG) has bought fast-casual Mexican chain Barburrito for £7m with plans to double the number of venues over the next four years.

The Restaurant Group reports “good progress”

The Restaurant Group reports “good progress”

By Joe Lutrario

Wagamama owner The Restaurant Group has chalked up a significant increase in like-for-likes since the reopening of indoor trading but its dine-in business is still down on 2019.

The Restaurant Group 125 restaurant closures CVA approved Frankie and Benny's Coronavirus casual dining

TRG's CVA approved

By James McAllister

The Restaurant Group (TRG) is poised to close 125 sites within its struggling leisure arm following the approval of a company voluntary arrangement (CVA).

The Restaurant Group 125 restaurant closures Frankie and Benny's CVA Coronavirus casual dining

TRG eyes 125 closures as CVA announced

By James McAllister

The Restaurant Group (TRG) has announced that its struggling leisure arm is to enter into a company voluntary arrangement (CVA) that will see its estate reduced by approximately 125 sites.

The Restaurant Group to close up to 120 sites Coronavirus

TRG to close up to 120 sites

By James McAllister

It is understood that The Restaurant Group (TRG) is to permanently close between 100 and 120 sites.

Wagamama continues to see sales climb

Wagamama continues to see sales climb

By James McAllister

Wagamama’s saw turnover increase 11% to £92.6m in the 13 weeks to 29 September 2019, up from £83.4m in the same period last year.

Phones in restaurants

The Lowdown: Phones in restaurants

By Joe Lutrario

Frankie & Benny’s is - ahem - ringing the changes by asking diners to lock away their phones prior to sitting down

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