All Chiquito articles

  • Banana Tree Greenwich exterior
    News

    The Big Table Group tops £300m sales

    2025-06-25T06:54:00Z

    Despite persistent inflation and cost of living challenges, a diversified portfolio and geographic spread have supported the group in driving sales and profitability while mitigating costs

  • Frankie & Benny's
    Analysis & Insight

    Big Table takes on ‘substantial risk’ with TRG Leisure estate

    2023-09-12T14:05:00Z

    Following the payment of a £7.5m ‘dowry’ to take on The Restaurant Group’s Leisure business, MCA explores the challenges facing The Big Table Group as it’s tasked with turning around the loss-making estate

  • Chiquito
    Interviews

    Big Table to drive ‘strong improvements and synergies’ with Leisure acquisition

    2023-09-12T07:41:00Z

    The group will find savings in the supply chain, overheads, and culture in its newly acquired business, CEO Alan Morgan tells MCA

  • frankie-and-bennys_our_brand_pages
    News

    TRG announces sale of Leisure business to Big Table Group

    2023-09-11T06:52:00Z

    The Big Table Group will take over the division, principally consisting of the Frankie & Benny’s and Chiquito brands, in a deal expected to complete in October - with TRG paying a cash contribution of £7.5m as part of the transaction

  • wagamama_front_cover
    News

    Activist investor weighs bid for TRG divisions

    2023-07-24T07:08:00Z

    Activist investor TMR Capital is reported to be weighing a bid for The Restaurant Group’s Brunning & Price and Leisure divisions

  • Analysis & Insight

    Pressures to grow shareholder returns remains for TRG

    2023-07-19T14:34:00Z

    The pressure to make large disposals also remains, with shareholder Irenic saying improved trading ’highlights the gap between the company’s intrinsic value and its significantly lower share price’

  • Wagamama Rushden Lakes
    News

    TRG reports strong trading in year to date

    2023-07-19T06:56:00Z

    The Restaurant Group has said it is reviewing its strategic options while accelerating the expansion of Wagamama, and reported progress on the rationalisation plan for its leisure estate

  • Andy Hornby
    News

    FinnCap: Activist pressure on TRG likely to continue

    2023-05-30T07:28:00Z

    Activist pressure will likely remain despite all resolutions passed with the requisite majorities at the AGM, albeit finnCap sees “considerable upside” for the group

  • Andy Hornby
    News

    Activist Coltrane seeks change at TRG

    2023-05-14T13:09:00Z

    A New York-based investor has called for change at The Restaurant Group after taking a 3% stake, The Sunday Times reports

  • Andy Hornby
    News

    Oasis: TRG management ‘not aligned with shareholders’

    2023-04-25T13:11:00Z

    The activist hedge fund has urged fellow shareholders to reject  “pay without performance” at The Restaurant Group

  • Andy Hornby
    Interviews

    Andy Hornby: ‘Make sure your supply forecasting is nailed on’

    2021-09-21T07:38:00Z

    In the second part of an interview with MCA, Andy Hornby, chief executive of The Restaurant Group, discusses the importance of accurate supply forecasting and simplifying menus as a way of controlling menu price inflation. He also discusses pub estate expansion, as well as current and future prospects for trading.

  • Wagamama Rushden Lakes
    Analysis & Insight

    Cost increases could cloud TRG’s future performance

    2021-09-17T07:45:00Z

    There was a generally positive reaction from analysts to The Restaurant Group’s recent first half trading update, which included the 15-week period following the reopening of indoor dining, although longer-term questions remain.

  • Andy Hornby
    News

    Andy Hornby: “There is a long-term structural shift around delivery”

    2021-09-16T08:09:00Z

    Following The Restaurant Group’s first-half results announcement MCA caught up with Andy Hornby, chief executive, to discuss recent trading.

  • 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 125 ...

  • 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.