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Cafe Rouge owner Casual Dining Group ready to take bite out of landlords

The owner of Café Rouge has called in a restructuring adviser in an attempt to strong-arm landlords into cutting rents.

Despite having closed more than 40 restaurants over the past two years, Casual Dining Group said it faced a “tough operating environment” and needed to reduce costs further.

“A small number of our sites are loss-making due to high rents and rates, and we are taking action to ensure that the core business is in good shape for future growth,” said Steve Richards, the chief executive.

Click here for the full Times article (£)

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