"KKR-owned Casual Dining Group (CDG), one of the UK’s largest restaurant groups, collapsed into administration, a form of bankruptcy under UK law, on Thursday. The company, which owns the Bella Italia, Café Rouge and Las Iguanas restaurant chains, said it plans to shut 91 of its 250 outlets and cut 1,900 jobs. Bella Italia and Café Rouge are the worst hit, with 35 and 32 closures, respectively.
Like many restaurant groups, CDG was already struggling before the arrival of Covid-19 prompted the UK government to shut down all non-essential businesses in late March. Between June 2018 and June 2019 alone, more than 1,400 UK restaurants closed – the result of overcapacity in the sector, weak consumer confidence, and rising costs.
...CDG is not the only UK restaurant group to have hit hard times in the wake of the lockdown. Chains including Carluccio’s and Chiquito have already hit the wall, leading to thousands of job losses. Chiquito’s owner, The Restaurant Group (TRC), was, until recently, the UK’s largest restaurant operator, with over 300 restaurants, including the Italian-themed chain Frankie and Benny’s and the pan-Asian chain Wagamama. Around a week ago, TRC also went into administration, announcing plans to close down 125 of its sites and lay off 3,000 workers...."
wolfstreet.com/2020/07/04/...vate-equity-firms-that-own-them/
ich weine solchen Kettenrestaurants nicht nach, die mit ihrem fragwürdigen Massenfleisch s.KKR mit Hühnerfleisch aus China -auch in Berlin ,... oder Vapiano, die Wiederöffnung planen
wie AL schon schrieb auch in Deutschland werden noch etliche Restaurants pleite gehen, auch Hotels
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