All Chiquito articles

  • GettyImages-1206334687
    Opinion

    Dominic Walsh: Casual dining one of ‘big losers’ of pandemic

    2020-08-17T07:48:00Z

    It used to be so simple. Come up with a restaurant concept and a brand, open one restaurant, then a second, then aim for five outlets then ten and 20, and if it’s still working, press the button on a nationwide rollout. Well, something like that, anyway.

  • wagamama
    News

    Wagamama announces double closure following business review

    2020-07-21T14:06:00Z

    Wagamama is to permanently close two of its London sites, including its ‘noodle lab’ in Soho. The pan-Asian chain, which is owned by The Restaurant Group (TRG), says it made the decision following a review of the company’s portfolio brought about by a ‘marked shift’ in customer demand caused by the Coronavirus pandemic. As a result of the review, it has been decided that Wagamama’s Mansion House restaurant, as well as its ‘noodle lab’ test kitchen on Dean Street, are no longer economically viable, and both sites have been closed.

  • Frankie and Bennys
    News

    Restaurant Group CVA is ‘reshaping the face of casual dining’

    2020-06-11T07:42:00Z

    The Restaurant Group’s announcement yesterday that it is proposing a CVA for it’s long-troubled leisure division was a major, if not entirely unsurprising development, in a coronavirus-dominated news cycle. Under the proposals, the company voluntary arrangement will allow for a restructure of the estate, which will see it exit ...

  • Frankie and Bennys
    News

    Restaurant Group in talks over leisure restructure

    2020-06-08T07:23:00Z

    The Restaurant Group has confirmed it is in discussions with landlords regarding “potential restructuring options” of its leisure estate.

  • Frankie and Bennys
    News

    TRG to close up to 120 sites

    2020-06-04T07:39:00Z

    The Restaurant Group is to permanently close between 100 and 120 of its leisure brands sites.

  • Frankie & Benny's
    News

    Frankie & Benny’s to close a “large number” of sites

    2020-06-03T07:15:00Z

    The BBC has reported that a “large number” of Frankie & Benny’s restaurants are to close. It said an email to staff sent by the Restaurant Group says many sites are “no longer viable to trade and will remain closed permanently. The Covid-19 crisis has significantly impacted our ability to trade profitably, so we’ve taken the tough decision to close these restaurants now,” the email said.

  • Restaurant
    News

    Editor’s Opinion: Hang tight and plan your return

    2020-04-20T07:25:00Z

    The coronavirus continues to wreak havoc. It’s claimed hundreds of thousands of lives around the world and numbers continue to rise. As dreadful as that is, the long term socio-economic impact is more disturbing. The virus has created a level of disruption to health, society, and the economy that’s never happened before, outside of wartime. And while there is plenty of speculation on how life in general may get back to normal post-lockdown, with vaguely optimistic or pessimistic dates floating around, there is no clarity on how or when this might end.

  • restaurant cafe table
    News

    Timeline: How the coronavirus crisis unfolded

    2020-04-20T07:22:00Z

    Here are just some of the twists and turns over the last few weeks. If you want to read all the MCA coverage of the coronavirus crisis click here.

  • Wagamama
    News

    TRG models ‘pessimistic’ slow recovery scenario

    2020-04-09T11:21:00Z

    The Restaurant Group has modelled a “pessimistic scenario” for the current financial year, which would see 400 of its sites reopened gradually between July and December.

  • Frankie and Bennys
    News

    TRG raises £57m in share placing

    2020-04-09T07:40:00Z

    The Restaurant Group has raised £57 million following the succes

  • GettyImages-502686875
    News

    KPMG: ‘This will ultimately wipe out the weaker operators’

    2020-04-02T07:32:00Z

    The hospitality industry is entering a period of relative calm, with attention now turning to medium and longer term challenges, KPMG’s Will Wright has told MCA.

  • Frankie and Bennys
    News

    TRG: no plans to put any more brands into administration

    2020-03-30T11:34:00Z

    The Restaurant Group has no current plans to put any more of its brands into administration, MCA understands, including Frankie Benny’s, Brunning Price and Wagamama. Last week TRG filed a notice of intention to appoint an administrator for Chiquito, which makes up part of its ...

  • Carluccio's Maida Vale
    News

    Carluccio’s on the verge administration

    2020-03-27T20:16:00Z

    Carluccio’s is on the verge of administration, it emerged this evening.

  • Chiquito fajitas
    News

    TRG to place Chiquito in administration

    2020-03-27T08:51:00Z

    The Restaurant Group-owned brand Chiquito has filed a notice of its intention to appoint administrators, suggesting it may be the first big restaurant group to collapse because of coronavirus, the Times reports.

  • GettyImages-510629908
    Analysis & Insight

    ​Steve Gotham: Turning up the heat and other NPD delights

    2020-03-05T07:28:00Z

    New product development (NPD) is rightly recognised as a lifeblood for the eating out industry, and MCA’s Menu Tracker offers insights into the latest menu trends and influences across 150 leading operators. This review only serve as a taster, but the three courses have each been accompanied with three key summary insights.    

  • Wagamama
    News

    Wagamama “has transformed” The Restaurant Group says Hornby

    2020-02-26T08:17:00Z

    Buying Wagamama has had a transformational effect on the fortunes of The Restaurant Group, said the business as it released its results for the 52 weeks to 29 December 2019. It said total sales were up 56.4% from £686m to £1,073.1m, while adjusted pre-tax profits were £74.5m. It recorded an exceptional pre-tax charge of £111.8m due to “impairment” in its leisure arm, primarily made up of Frankie and Benny’s and Chiquito, leaving a statutory loss before tax of £37.3m.

  • Frankie and Bennys
    News

    More closures expected for TRG leisure brands

    2020-02-24T07:58:00Z

    The Restaurant Group is expected to announce further closures of Frankie & Benny’s and Chiquito this week, the Mail on Sunday reports.

  • Frankie and Bennys
    News

    TRG appoints Chambers as leisure brands CEO

    2020-01-10T08:30:00Z

    The Restaurant Group has appointed Mark Chambers to the new position of CEO of its leisure brands.

  • Carluccio's new generation store
    News

    Gunwharf Quays – Restaurant and retail therapy a plenty!

    2019-12-11T08:17:00Z

    With more than 30 bars, cafés and restaurants (as well as over 90 shops) Gunwharf Quays offers an abundance of opportunities for plenty of remedial treatment. Supported by its impressive waterfront location, attractive design and assorted leisure-related reasons to visit, Gunwharf Quays is one of the UK’s finest outlet shopping centres. So amongst some Christmas shopping, I was keen to see how it is using its extensive assortment of Food & Beverage purveyors to both restore weary shoppers as well as to act as a footfall driver in its own right. But also, and more critically, I was keener to see some something new and surprising.

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    News

    Deliveroo launches click and collect service

    2019-11-11T08:51:00Z

    Deliveroo has launched its long-awaited click and collect service, Pickup, which is currently available from 13 cities in the UK.