Restaurant Group

The Restaurant Group plc
Public
Industry Restaurant
Founded 1987
Headquarters London, United Kingdom
Key people
Debbie Hewitt (Independent Non-Executive Chairman)
Andy McCue (CEO)
Barry Nightingale (CFO)
Revenue £685.4 million (2015)[1]
£88.9 million (2015)[1]
£68.9 million (2015)[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 and is a constituent of the FTSE 250 Index.

History

The company was founded in 1987 as City Centre Restaurants plc with the objective of owning and managing the Garfunkel’s chain of restaurants.[2]

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

On 14 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

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

See also

References

  1. 1 2 3 "Annual report 2015" (PDF). Restaurant Group. Retrieved 10 April 2016.
  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. ,"The Independent - 404". The Independent. Retrieved 3 April 2015.
  5. "TRG buys back Deep Pan Pizza". www.pizzamarketplace.com. 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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