All Coast to Coast articles – Page 3
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News
Ex-TRG directors launch new venture
A pair of former TRG directors have launched a new pub and restaurant venture
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NewsTRG set to pilot new concept
The Restaurant Group (TRG), the Frankie & Benny’s and Chiquito operator, is set to pilot a new concept called Firejacks
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NewsGreen to step down as Chiquito MD
Jason Green is to step down as managing director of Chiquito, the c80-strong, The Restaurant Group (TRG)-owned brand, MCA has learnt.
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NewsTRG lfls fall 1.8%
The Restaurant Group saw like-for-like sales slide again in the 20 weeks to 21 May.
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News
Mcaneney launches Scottish-themed concept with Star
Scottish hospitality entrepreneur Billy Mcaneney has launched a new partnership with the operator of Glasgow Café Antipasti, Neil Douglas.
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News
TRG puts six more sites up for sale
The Restaurant Group (TRG) has put a further six of its former restaurants up for sale in Scotland, England and Wales
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Opinion
On another page
Andy McCue’s first update as chief executive of The Restaurant Group last week was brutally honest in assessing where the business now finds itself and in highlighting the speed of its decline. The question is will he and the company get time to right those wrongs and are the group’s future prospects and that of rival the Casual Dining Group now linked? Mark Wingett reports.
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News
Analyst corner: Irvine-Fortescue on TRG
Sector analyst Mark Irvine-Fortescue looks back The Restaurant Group’s (TRG) update with a note called “Cue-ing straight”
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NewsMcCue on ‘long journey’ to halt sales slide
Andy McCue, chief executive of The Restaurant Group, has said he wants to grow the Brunning & price estate by double digits every year and has insisted the ailing Frankie & Benny’s brand can “get back to where it was and beyond”.
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NewsTRG FY lfls down 3.9%
The Restaurant Group has said all three of its major brands – Frankie and Benny’s; Chiquito and Coast to Coast – underperformed in 2016 but stressed a ‘robust plan’ was in place to turn them around.
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News
TRG appoints MD of Leisure
TRG has appointed Murray McGowan, formerly of Costa, to the newly created role of managing director across its leisure division
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News
Panmure – TRG: Kitchen-sinking or sinking kitchens?
Leading analyst Mark Irvine-Fortescue at Panmure Gordon has said additional pressure is being placed on the ‘transformation programme’ at TRG
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Opinion
House of cards
Given the rapid pace of expansion over the past few years on the high street and in leisure parks of restaurant brands, many believe it is inevitable that there will be some casualties over the coming 18 months
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News
Savills retained to sell TRG package
The Restaurant Group (TRG) has instructed Savills to sell 23 of its former restaurants in England, Scotland and Wales
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News
French: Remain confident TRG has skillset to take stabilise
Leading analyst Simon French at Cenkos remains confident that TRG has the skillset to make the necessary remedial action to stabilise profitability
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News
Analyst corner: Brumby on overexpansion
Leading analyst Mark Brumby at Langton Capital looks at how “cheap cash & crowd-funding have ‘supply-pushed’ capacity”
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News
TRG links up with UberEats
The Restaurant Group (TRG) has extended its delivery trial through its Chiquito brand, after signing up with UberEats
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News
Analyst corner: Burns on TRG
Leading sector analyst Karl Burns at Investec has said that The Restaurant Group (TRG) remains in a difficult spot with declining LFL sales, rising cost inflation and an uncertain outlook
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News
Burns: Landscape shifts set to continue
Analyst Karl Burns at Investec has said that the UK’s pub & restaurant sector is going through a period of significant change, resulting in market share shift, margin pressure and higher capex requirements, putting pressure on returns.
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News
TRG extends Deliveroo trial to C2C
The Restaurant Group (TRG) has extended its trial of Deliveroo to its Coast to Coast brand