TRG responds to press coverage on 120 closures

The Restaurant Group plc (TRG) has noted recent press comment - which said that the firm was to close 120 more sites, and has responded.

The group stated, '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.

'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.'