Tag Archives: Coast to Coast

The Restaurant Group strikes deals to penetrate food delivery market

A quarter of The Restaurant Group’s sites now offer delivery from its kitchens following a concerted effort to drive this part of its business in the last 12 months. The company, which owns Frankie & Benny’s, Chiquito and Coast to Coast, plans to expand the percentage of its 500 restaurants that provide delivery, and even

Coast to Coast branches could be converted into new flame-grilled steak concept

The Restaurant Group could start converting Coast to Coast restaurants to a new flame-grilled steak concept if trials over the coming months prove successful, FEJ can reveal. TRG bosses have been focusing on developing a new proposition called Firejacks, which offers quality flame-grilled steaks and burgers at “highly competitive” prices. It has already converted a

Frankie & Benny’s gets creative in its test kitchen to win back lapsed customers

Menu refinements and new product trials are among the actions that Frankie & Benny’s is planning over the coming months as it bids to re-establish the competitiveness of the brand and attract back lapsed customers.  The performance of the chain, which spans 258 restaurants, has been under close scrutiny by owner The Restaurant Group (TRG)

Prezzo launches bid to sell off 10% of locations

UK restaurant group Prezzo is looking to sever ties with 10% of its locations in an effort to nurture new sites.  It has been reported that the equity-backed company has appointed property agents JLL and AG&G to find buyers for 27 underperforming or unprofitable properties within its portfolio. The offering includes eight Chimichanga Tex-Mex restaurants

The Restaurant Group loses second CFO in 12 months

The Restaurant Group (TRG) is searching for a new CFO for the second time in less than a year after confirming that Barry Nightingale has left the business with immediate effect. The Chiquito and Frankie & Benny’s owner told the stock exchange that it was in the process of trying to find a replacement and

TRG puts ‘for sale’ sign on six unwanted restaurants

The Restaurant Group (TRG) has put six of its former restaurants in England, Scotland and Wales on the market. The sale comes just two months after the restaurant heavyweight placed 23 sites for sale following a review of its business. The units are available on an individual basis and comprise four Frankie & Benny’s outlets

The Restaurant Group takes action after suffering annual loss

The Restaurant Group is preparing for a “transitional” year ahead as it revealed this morning that like-for-like sales fell 4% to £710.7m. The company, which runs nearly 500 restaurants, said it was pursuing a new and focused plan to turn around the business after it recorded a statutory loss before tax of £39.5m, versus a pre-tax

The Restaurant Group instructs agent to flog 23 non-trading sites

The Restaurant Group (TRG) has instructed international real estate advisor Savills to sell 23 of its former restaurants in England, Scotland and Wales. The units are available on an individual basis and comprise a mix of former Frankie & Benny’s, Chiquito, Joe’s Kitchen, Coast to Coast, Garfunkel’s and Filling Station restaurants in high profile locations