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Restaurant chain, which owns King's Lyn's Frankie and Benny's, considers options



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The company which owns Frankie and Benny's says it will be holding discussions with its landlords in order to build a sustainable future after lockdown.

The Restaurant Group, which also owns Wagamama, has come under scrutiny last week over claims it was going to close a number of sites.

In a statement issued this morning, The Restaurant Group says: "As is widely understood our industry is facing exceptional challenges in what is an unprecedented operating environment. The casual dining sector was already facing significant challenges prior to the onset of Covid-19, with overcapacity and significant cost pressures.

Frankie and Benny offer. (36237867)
Frankie and Benny offer. (36237867)

"In order to meet both the immediate challenges and to build a post-lockdown business with a sustainable future, we are in discussions with our landlords regarding potential restructuring options for our Leisure estate. Our Wagamama, Airport Concessions and Pub operations are not affected by these discussions.

"A further announcement will be made as and when appropriate."



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