The owner of the Frankie & Benny’s and Chiquito chains, is to sell or close 33 sites due to what the firm describes as “challenging trading period”.
It said its Frankie & Benny’s chain had “suffered due to insufficient focus on value, unsuccessful menu development and poor operational execution”.
The company said it was “taking action” to remedy these issues and would retain the Frankie & Benny’s brand as it believed it to be “relevant and popular”.

The group continued to explain that it had lost customers after it introduced “more ‘authentic’ menus without sufficient testing of the concept”, while many popular dishes were taken off the menus.

Across the Group, total turnover has increased by 3.4{06aeb1921e0b802d2bd9c766bc98fb11cc6a46c2b0593ed9c88a0e29cf417a34} to £358.7m in the first half of the year, but like-for-like sales have fallen 3.9{06aeb1921e0b802d2bd9c766bc98fb11cc6a46c2b0593ed9c88a0e29cf417a34}.

Source BBC Business News