[12] On 8 June, The Restaurant Group said it was in discussions with its landlords about potential restructuring options,[12] and three days later announced it had entered a company voluntary arrangement (CVA) and planned to cut 125 sites. Down the road, The Rivington Bar and Grill — now Blacklock Shoreditch — that Hix opened on his own steam (and unbeknownst to Caprice) in 2005 took the unadorned route and earned high praise from Jay Rayner for its simplicity, which restored his “faith in restaurants”; it was also a Shoreditch early adopter that then served one of the city’s best burgers. [9], On 3 June 2020, during the COVID-19 pandemic in the United Kingdom, The Restaurant Group told employees a "large number" of its outlets would not reopen after lockdown;[10] up to 120 restaurants, mainly Frankie & Benny's, were set to close permanently,[11] with the loss of between 2,000 and 3,000 jobs. The Company: A fantastic opportunity has arisen for an experienced Restaurant professional to join this expanding group. One day, I will reopen in some way and I want to say a big thank you to all of my team, my suppliers and our guests who’ve been so supportive over the years and a huge thanks to those that have been in touch with their good wishes.”. The Restaurant Group plc (the 'Company') Notice of General Meeting and Circular .
some of which is connected with London Stock Exchange plc("LSE")(the "LSE Information") and some of which is connected with (and has been made available on LSE's platform by the company that this particular webpage is dedicated to (the "company Information"), LSE attempts to ensure the LSE information is accurate, but has not and does not in any way review the Company Information and both sets of information are provided for information purpose only and are provided "AS IS" and on an "AS AVAILABLE" basis and may not be accurate or up to date. Information on this webpage may or may not have been prepared by LSE but is made available without responsibility on the part of LSE. A post shared by Mark Hix (@markehix) on Apr 6, 2020 at 10:56am PDT. London Restaurant Chains Old-School Italian-American Chain Frankie and Benny’s Will Cut Over 3,000 Jobs Owner The Restaurant Group says … [13], As of December 2019, The Restaurant Group plc operated over 650 restaurants and pub restaurants throughout the UK. 21 September 2020 . The Covid-19 crisis has pushed struggling restaurant group Hix over the edge, As the novel coronavirus outbreak claims another restaurant victim, renowned British chef Mark Hix says the future of his eponymous, lauded restaurant group was taken out of his hands. FIRST RESTAURANT GROUP boasts a fantastic selection of restaurants, pubs and bars in London. [2], In January 2004, the company changed its name to The Restaurant Group plc. “Apart from tough times and sad times for me, it is nothing compared to what so many of my team, and others that are reliant on our business, are going through. Our venues range from The Waterway; a stunning riverside setting with a bustling terrace and child-friendly atmosphere, to the relaxing Hamptons beach house feel of The Summerhouse overlooking the Canal in … Location Central London. The Restaurant Group (TRG) is a leading operator of casual and quick-service dining spots in the UK with more than 500 locations around the country. This website contains text, data, graphics, photographs, artworks, names, logos, trademarks and information ("Information"). The Restaurant Group is a significant player in the UK casual dining market with over 650 restaurants and pub restaurants. [7], In May 2018, the Brunning & Price division purchased the Ribble Valley Inns, a collection of restaurant and real ale pubs in the north of England, from the Northcote Group for an undisclosed sum;[8] and in August 2018, the division purchased the 11-strong portfolio of Food & Fuel Pubs, which included two Coco Momo wine bars, for £15.4 million. The Restaurant Group fell to a major loss despite sales at its flagship chain outpacing the wider market’s recovery, The closure of pubs and restaurants has pushed technology and new business models to the fore, Pizza Express, Pizza Hut and Chiquito (among others) have faced closures and insolvency, but they are part of the fabric of our high streets, Frankie and Benny's and Garfunkel's outlets will stay closed when lockdown restrictions are lifted, but no Wagamana sites are affected, Italian chain founded by the late Antonio Carluccio is the latest casualty of the coronavirus lockdown, Restaurant Group, led by Andy Hornby, looks at rights issue as fears rise for 21,500 staff, Frankie & Benny's and Chiquito chains to bear the brunt of closures as consumers shun casual dining chains, Murray McGowan stepped down from CloudKitchens earlier this month, having only joined 10 months ago. Some trades qualify for deferred publication due to the type or size of the transaction. The company was founded by Matthew Brown from Chatteris in 1987 as City Centre Restaurants plc with the objective of owning and managing the Garfunkel's Restaurant chain. When the traded price is any other currency then the Trade Value is displayed in that currency.
Although the press are using, and will use, my name as the responsible Director this was not my decision. The Company operates over 500 restaurants and pub restaurants. Temporary closures, capacity reductions, new sittings, and more, Pioneering Chef Mark Hix Says Restaurant Group’s Future Was Taken Out of His Hands, Sign up for the Hix Restaurants, which operates four sites in London — Hix Oyster and Chop House in Farringdon, Mark’s Bar in Soho, Tramshed in Shoreditch, and Hixter Bankside … As chef director of Caprice Holdings he oversaw the then-spectacular Ivy, the marine glamour of J Sheekey; going out on his own, he opened seven restaurants in four years at the height of the recession, with Tramshed’s colossal Damien Hirst artworks and cavernous ceilings as Hix as the conscientious purchasing of beef and chicken for a menu which then deliberately offered little else. Its principal trading brands are wagamama, Frankie & Benny’s, Chiquito and Brunning & Price. Explore Michelin star chef Gordon Ramsay's diverse collection of London and international restaurants. [3] In February 2004, it made an unsuccessful bid for Ask Central plc,[4] and in 2006, it bought back the Deep Pan Pizza chain, which it had previously sold to the management. We urge you to turn off your ad blocker for The Telegraph website so that you can continue to access our quality content in the future. It is listed on the London Stock Exchange and is a member of the FTSE SmallCap Index. [2] Then, in 1995, it opened its first Frankie & Benny's in Leicester. LSE does not guarantee the accuracy, timeliness, completeness, performance or fitness for a particular purpose of the webpage or any of the Information on it. In addition, the Wagamama business had 5 restaurants in the US and over 50 franchise restaurants operating across a number of territories. newsletter, 28-30 Rivington Street, , England EC2A 3DZ, 28-32 Saint Martin's Court, , England WC2N 4AL, 16 Great Guildford Street, , England SE1 0HS, How to navigate London’s most iconic food market, Pressure Continues to Grow Over 10p.m. Will Restaurant Group's mega noodle deal leave it in a tangle? In accordance with Listing Rule 9.6.1, a copy of the GM Notice and Circular has been submitted to the National Storage Mechanism and will shortly be available to view at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on the Company's website at https://www.trgplc.com/investors/reports-presentations/ . Terms and conditions relating to the use and distribution of this information may apply. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. For Bonds - Issue date is for indicative purposes only. Will coronavirus break the chain restaurant? No action should be taken or omitted to be taken in reliance upon information on this webpage. The Company announces that it will today publish and post (or otherwise make available) to shareholders a Notice of General Meeting with related explanatory circular (together the 'GM Notice and Circular') and form of proxy.
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