Restaurants
Massive restaurant chain’s future is uncertain after all branches sold

Massive restaurant chain’s future is uncertain after all branches sold

What is to become of the famous restaurant chain? Just a month after changing owners, TGI Fridays now has an uncertain future. The British restaurants of the American chain have about 2,000 staff members in the UK, in 49 restaurants. But now, the strategic options for TGI Friday are going to be looked at by […]

4 months ago

Major UK restaurant falls into administration with 68 branches at risk

Major UK restaurant falls into administration with 68 branches at risk

Hundreds of jobs are at risk A major franchise of a UK restaurant has fallen into administration putting 68 branches of the chain at risk. DC London Pie Ltd, one of the franchises that runs restaurants in the UK, appointed today (20 October) FTI Consulting as administrators to oversee the next steps. Soon after the […]

5 months ago

Pub chain collapses into administration with six sites to close immediately

Pub chain collapses into administration with six sites to close immediately

A total of 19 sites will either be sold or closed for good. A popular pub chain has collapsed into administration, with six of their sites set to close immediately. Oakman Inns & Restaurants has been hit by pandemic hangover, elevated interest rates, and costs for its troubles, causing the closures. Six sites have closed, […]

8 months ago