All The Restaurant Group (TRG) articles – Page 14
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News
French: McCue appointment has reduced pressure on TRG board
Analyst Simon French at Cenkos has said he expects TRG to confirm the disposal of up to 40 sites and the removal of up to £5m head office costs
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TRG shares up on new CEO appointment
Shares in The Restaurant Group had risen as high as 14% to 429.40p in afternoon trading on the back of the appointment of Andy McCue as the company’s new chief executive
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TRG appoints Frankie & Benny’s MD
TRG has appointed Spencer Ayers, a former operations director at the company, as the new managing director of Frankie & Benny’s
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Analyst reaction: TRG changes
Leading analysts Mark Brumby at Langton Capital, and Anna Barnfather at Panmure Gordon, give their respective takes on the changes at the top of TRG
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TRG confirms Breithaupt’s departure; McCue new CEO
The Restaurant Group (TRG) has this morning confirmed the departure of chief executive Danny Breithaupt, with former Paddy Power chief executive Andy McCue appointed as his replacement
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McCue tipped to replace Breithaupt as TRG CEO
Andy McCue, who stepped down as chief executive of Paddy Power earlier this year, is being tipped to replace Danny Breithaupt as chief executive of The Restaurant Group
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Mallon swaps TRG for Goals Soccer
Derek Mallon, former brand director at The Restaurant Group (TRG), has joined Goals Soccer Centres as an operations consultant
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TRG consolidates Garfunkel’s estate
The Restaurant Group (TRG) is consolidating its Garfunkel’s estate as part of its strategic review
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TRG and JDW collect FAB Awards
TRG Concessions won two awards and received a commendation at the fifth annual Airport Food & Beverage Conference & Awards
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TRG appoints Nightingale as new CFO
TRG has announced the appointment of Barry Nightingale, formerly of airline Monarch, as its new chief financial officer
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Analysis & Insight
How do you solve a problem like Frankie?
Look, it’s all too easy and unhelpful to stick the proverbial boot in when a brand is in decline, so let’s start with a few consumer feedback positives. The Frankie & Benny’s business retains valuable comparative strengths in terms of its family friendliness and cleanliness of its venues. However, of greater significance, are worrying trends in the more important reasons to visit factors of food quality/taste and value for money, writes MCA director of insight Steve Gotham
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News
Chiquito launches “world’s first snapchat bar”
Chiquito’s #SayFreeze campaign is back and to celebrate TRG-owned brand is launching their frozen cocktail summer menu via a virtual ‘bar’ on Snapchat
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Private equity firms circle TRG
Shares in The Restaurant Group (TRG) leapt by over 11% yesterday amid speculation that private equity groups were considering bids for the Frankie & Benny’s operator
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TRG and Novus win mobile marketing awards
The Restaurant Group and Novus Leisure were both winners at the Marketing on Mobile Awards last night.
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TRG appoints new audit committee chair
The Restaurant Group has announced the appointment of Graham Clemett as a non-executive director and chairman of its Audit Committe
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TRG reveals Deliveroo trial
The Restaurant Group has announced it will launch a trial with Deliveroo next month at 12 Chiquito sites with “every intention” of extending it to other brands.
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Buckle swaps TRG for Living Ventures
Jonny Buckle has stepped down as head of acquisitions at The Restaurant Group (TRG) to become acquisitions director at Living Ventures
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Analysts corner: Brumby on JDW vs TRG
Mark Brumby, of Langton Capital, compares the fortunes of JD Wetherspoon and The Restaurant Group over a ten-year period and declares “I think we have a winner”.
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Analysis & Insight
Will Frankie drag down Breithaupt?
Last year, when Dominic Walsh interviewed The Restaurant Group chief executive Danny Breithaupt, he was bubbling with excitement about the prospects for the group, and particularly Frankie & Benny’s. Now, after three profit warnings in 15 weeks and its flagship brand getting the blame, Walsh reflects on a dramatic reversal of fortunes
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Brunning & Price to make Birmingham debut
Brunning & Price is to make its debut in Birmingham this autumn, with the opening of a site in Edgbaston