Restaurant Group

The Restaurant Group plc
Public
Traded as LSE: RTN
Industry Restaurant
Founded 1987
Headquarters London, England
Key people
 Debbie Hewitt (Chairman)
Andy McCue (CEO)
Revenue £710.7 million (2016)[1]
£79.2 million (2016)[1]
£(40.2) million (2016)[1]
Website www.trgplc.com

The Restaurant Group plc is a British chain of restaurants and public houses. It is listed on the London Stock Exchange.

History

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.[2] In the late 1980s the company bought the Mexican foodchain Chi Chi's and renamed it Chiquito.[2] Then in 1995 it opened its first Frankie & Benny's in Leicester.[2]

In January 2004 the company changed its name to the Restaurant Group plc.[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.[5] In 2016, the company announced it was closing 33 restaurants due to falling sales and profits.[6]

Operations

Frankie and Benny's at Spytty Business Park outside Newport

The company operates around 350 restaurants and public houses under the several brands, including:[7]

See also

References

  1. 1 2 3 "Annual Results 2016". Restaurant Group. Retrieved 23 April 2017.
  2. 1 2 3 "Catering & Hospitality News". Caterer Search. Retrieved 3 April 2015.
  3. ↑ "FE Investegate -CityCentreRestaurant Announcements - CityCentreRestaurant: Result of EGM & Name Change". investegate.co.uk. Retrieved 3 April 2015.
  4. ↑ "PizzaExpress trumps Restaurant Group with £225m offer for Ask". The Caterer. 13 February 2004. Retrieved 23 April 2017.
  5. ↑ "TRG buys back Deep Pan Pizza". www.pizzamarketplace.com. Archived from the original on 7 October 2012. Retrieved 3 April 2015.
  6. ↑ Kollewe, Julia. "Frankie & Benny's owner closes 33 restaurants". The Guardian. Retrieved 26 August 2016.
  7. ↑ "Pub Restaurants". trgplc.com. Retrieved 3 April 2015.
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