Legal
Itsu mulling restructuring options
The chain is working with Alix Partners on its future plans.
Former TGI Friday's backer is frontrunner to buy Casual Dining Group: report
A deal could be struck within days.
Tossed owner files notice to appoint administrators
Walk-in sales during their reopening trial were running at 5%.
The Restaurant Group planning to reopen 90% of branches by September
It does not expect to reopen the remaining 10% of its outlets this year.
Chains join month-long discount scheme for diners
Trade body UKHospitality welcomed the jobs and hospitality package.
460,000 jobs “at risk” if gov't does not extend hospitality support and include suppliers: UKHospitality
The trade body’s survey reveals lockdown’s impact on suppliers.
Pret A Manger to not make June quarter rent payment in full, cites pandemic pains
The chain said it is working with landlords to “find the best way forward”.
Byron files notice to appoint administrators
The chain has 1,200 staff and 52 restaurants across the UK.
Domino's downgraded by Berenberg over pressure from delivery rivals
Analysts expect negative earnings growth this year.
Domino's expects lower first-half earnings due to lockdown-related costs
They were unable to provide full-year guidance, citing uncertainty.
Le Pain Quotidien rescued from administration
The deal resulted in 11 closures and 200 redundancies.
The Restaurant Group launches CVA, plans to close 125 Frankie and Benny's outlets
It continues to seek “improved rental terms” on a portion of the remaining trading estate.
Wasabi appoints KPMG to negotiate turnover-based rents
Its chief executive believes it can adapt to be a "healthy and sustainable" business.
SSP Group see like-for-like sales fall 8.4% in first half
They announced a retail offer of new shares to allow retail investors to reinvest their dividend.
Carluccio's administrators to be paid £1.2m
Staff owed unpaid wages have been forced to apply to the Insolvency Service.
The Restaurant Group confirms talks with landlords over potential restructuring
It may close up to 120 Frankie & Benny’s sites.
Casual Dining Group exploring potential sale
The company filed a notice of intention to appoint administrators last month.
