Coronavirus: Wagamama and Frankie & Benny owner says one in 10 sites will not reopen this year | Economic news


The company behind Wagamama and Frankie & Benny’s has warned that one in 10 of its sites will not reopen this year.

The Restaurant group said that the sites, which are mainly located in airports, will open at the earliest in 2021, because “attendance should remain considerably low” until then.

It is unclear what this means for restaurant staff because government leave scheme is scheduled to end in October.

Wagamama has branches across the UK

Among the group’s other sites, one in four will be open by the end of this month and the rest should be open at the end of September.

The group’s share price closed down 2.24% on Friday.

The Restaurant Group told investors: “We are very pleased to be able to welcome our customers and colleagues again, ensuring that their safety is paramount, while maintaining a pleasant experience.

“The group’s diversified portfolio allows each division to adapt to the challenges of social isolation in a unique way, while keeping the customer at the heart of each decision. ”

Last month, The Restaurant Group announced that 125 sites Frankie & Benny would not reopen at all, affecting 3,000 jobs and leaving the group with around 400 restaurants and pubs.

Friday’s trade update comes just days after the government announced “Eat to help” , which gives guests up to 50% off their meals at participating restaurants – and on certain days – in August.

Frankie & Benny's
Over 100 Frankie & Benny dinners won’t reopen

But this comes from a survey by the Office for National Statistics which found that 60% of adults would not yet be comfortable eating inside a restaurant.

The survey of 1,788 adults in Great Britain was carried out from 2 to 5 July, the week that pubs and restaurants were able to reopen in England after the coronavirus confinement.

Women were more likely than men and seniors were more likely than younger people to feel uncomfortable, according to the ONS.


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