Frankie & Bennys owner The Restaurant Group (TRG) has confirmed it is in talks with its landlords over restructuring plans, as it looks to shed up to 120 of its sites.
It is understood that the casual dining business is set to permanently close between 100 and 120 restaurants, in a move which will affect between 2,000 and 3,000 employees.
The company, which had not commented on the closure reports, told investors on Monday that it is in discussions with our landlords regarding potential restructuring options for our leisure estate.
TRGs leisure restaurant business primarily consists of Frankie & Bennys, but also covers its Coast to Coast and Garfunkels chains.
It said that its Wagamama business, airport concession and pub operations wil…
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