All Chiquito articles – Page 3

  • Wagamama Rushden Lakes

    TRG returns to lfl growth


    The Restaurant Group (TRG) ended 2018 with like-for-like sales (lfls) down 2%, but has this morning reported a rise in the 10 weeks to 10 March of 2.8%.

  • Steve-Gotham-MCA-Insight-director-of-insights
    Analysis & Insight

    You need friends – and friendly service


    In the first of a new series of regular columns MCA’s market insight director, Steve Gotham, shares some key findings from our Eating Out Panel data of 6,000 monthly consumer interviews. On the back of recent comments from Marco Pierre White that service was more important than food in ensuring fine dining success, Steve takes a look at which brands in the wider sector are delivering on service standards and how the dial has moved over the past year.

  • Ed's Easy Diner interior

    Twists and turns


    The casual dining sector was once again in the spotlight for the wrong reasons yesterday with the confirmation from Boparan Restaurant Group that it was seeking a Company Voluntary Agreement for its Giraffe and Ed’s Easy Diner brands. James Wallin asks what the decline of the two brands says about the wider casual dining contraction. Meanwhile, with Steve Richards departure from CDG, the two biggest players in the casual dining market are now without long-term leadership. Who would be willing to take on these mantles, and what would their strategies be?

  • News

    TRG appoints brand strategy director


    The Restaurant Group has promoted Elise Ash to the role of strategy and brand director, MCA understands.

  • Frankie and Bennys

    TRG promotes Humphries to Frankie and Benny’s MD


    The Restaurant Group has promoted Ollie Humphries to managing director of its Frankie & Benny’s brand, MCA understands.

  • Wagamama

    Analysts corner: Wagamama


    On the back of Wagamama’s Q2 trading update (see below), Peel Hunt analysts Douglas Jack and Ivor Jones have noted that costs “continue to surge”. They take a look at the prospects for the brand and its new parent company, The Restaurant Group, throughout 2019.

  • Beef burgers
    Analysis & Insight

    Level of promotions up 4% YOY during run up to Christmas


    The number of promotional offers run by the Top 25 Branded Restaurants increased by 4% December, compared with the previous year, according to analysis by MCA. But, while promotional offers on food increased, drink-based deals fell.

  • Opinion

    Analysts corner: Peel Hunt on TRG


    Peel Hunt analysts Douglas Jack and Ivor Jones have updated their comments on The Restaurant Group’s bid for Wagamama, saying yesterday’s rights issue announcement failed to address the key issues. They set out some of the questions they believe investors should be asking of the group.

  • Analysis & Insight

    Sector sagas keep us all guessing


    Dominic Walsh reflects on an action-packed few weeks in the sector, which has seen big deals, high-profile resignations and further twists in the Patisserie Valerie saga.

  • Wagamama

    Analysts corner: Goodbody on TRG/Wagamama deal


    There have been a range of positive and negative reactions from analysts following the proposed sale of Wagamama to The Restaurant Group, but despite some concerns Goodbody feels is it a deal that can deliver.

  • Wagamama

    TRG gambles big on Wagamama deal


    The Restaurant Group (TRG) chief executive Andy McCue has rolled the dice and landed on Wagamama – arguably the UK restaurant sector’s best-in-class concept. It is a gamble that many would argue the Frankie & Benny’s operator had to take, but – with TRG’s shareholder still to OK the deal – what does it mean for both businesses and for the wider sector, asks Mark Wingett.

  • Food & Fuel
    Analysis & Insight

    Happy hour for pub groups


    Despite the noise surrounding the consumer sector, the pub M&A market is buoyant, with varied and competing investors alive to the attractions of the sector, according to AlixPartners’ Graeme Smith.

  • Bistrot Pierre

    It’s all White now


    Earlier this year, Nick White, former MD of Bella Italia, Chiquito and Garfunkels, was named as new chief executive of Bistrot Pierre. White and co-founder Robert Beacham speak to Mark Wingett about how the business is evolving and how it is cutting its cloth in more austere trading conditions

  • Analysis & Insight

    In other news


    Whilst last week’s news was dominated by the fast-moving story at Patisserie Holdings, the last month has shone a light on a number of other companies in the sector, which are faced with their own issues and questions about their future. Mark Wingett gives his thoughts on the Coaching Inn Group; TGI Fridays; Five Guys; The Restaurant Group (TRG); and Gordon Ramsay.

  • Frankie and Bennys

    McGowan departs TRG in restructure


    The Restaurant Group has confirmed to MCA that Murray McGowan has left his role as managing director of its Leisure division.

  • Frankie and Bennys

    TRG brings nine more sites to market


    The Restaurant Group has brought another nine sites to the market, following the successful disposal of 31 restaurants to date.

  • Blazing Bird

    The virtual world becomes reality


    Virtual restaurants might sound like a computergenerated fabrication – but the food they delivery is very much a physical reality, and it’s growing. As the major delivery companies start to push into restaurant brands, Finn Scott-Delany examines the lie of the land.

  • Brookmans Peach Pub Company

    TRG in talks to acquire Peach Pub Company


    The Restaurant Group (TRG) is in talks to acquire Peach Pub Company, the Midlands-based, multiple pub operator

  • Chiquito fajitas

    Analysts corner: Edison and Goodbody on TRG


    While The Restaurant Group’s H1 trading update this morning might not have looked too rosy on the surface, the fact it is mid-turnaround meant a 3.7% drop in like-for-likes was actually no worse than expected, according to analyst Edison, which shares its views of the results alongside Goodbody.

  • Andy McCue, The Restaurant Group

    TRG sees lfls down 3.7%; total sales down 2.1%


    The Restaurant Group (TRG) has announced a decline in like-for-like (lfl) sales of 3.7%, while total sales are down 2.1% to £326.1m (2017: £333.1m), for the 26 weeks to 1 July 2018.