Garfunkel’s owner The Restaurant Group is hit as eating out loses its appeal

The Restaurant Group, owner of chains such as Frankie & Benny’s and Garfunkel’s, is looking to sell some of its prime sites amid mounting pressure in the sector. The struggling chain is inviting offers for its flagship two-storey Chiquito restaurant in London’s Leicester Square — a tourist hotspot. After grappling with poor trading across much of its estate of more than 500 restaurants and pubs, which also include the Joe’s Kitchen and Coast to Coast brands, the group is “exploring options” for more of its sites. The sale of the prestige London location follows the closure of more than 40 sites over the past two years. Click here for the full Times article (£)