Hostmore

TGI Friday owner calls in administrators, 4,500 jobs at risk

Hostmore, the group behind TGI Fridays restaurants in the UK, has officially appointed administrators from Teneo Financial Advisors. A total…

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Hostmore abandons bid to acquire TGIF

Hostmore has abandoned its plans to acquire TGI Fridays over legal issues.  The news comes after the board confirmed that…

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Hostmore year-to-date LFL sales fall 10%

Hostomer has revealed that year-to-date like-for-like sales were 10% lower than during the same 20-week period in 2023. This comes…

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Hostmore to acquire TGI Fridays for £177m

Hostmore has reached an agreement for an all-share acquisition of TGI Fridays for £177m, including the business’ brand in the…

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Hostmore to defer new openings to 2025 amid challenging trading

Hostmore has revealed it has decided to delay any new restaurant openings until at least 2025, saving approximately £15m of…

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Hostmore appoints new non-executive director

Hospitality group Hostmore has today announced the appointment of Célia Pronto as an independent non-executive director with immediate effect.  Pronto…

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TGI Fridays operator sees Q1 sales slide 3%

TGI Fridays operator Hostmore has revealed a 3% drop in like-for-like sales in the 22 weeks ended 4 June 2023,…

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Hostmore appoints new non-executive director

Hostmore Group has recently announced the appointment of Helena Feltham as an independent non-executive director.   Feltham has over 30 years…

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Hostmore to further cost cutting plans amid new CEO appointment

Hostmore has announced a further cost reduction programme that will result in £4.1m of annualised savings, in addition to the…

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Hostmore chairman to step down

Hostmore has announced that its chairman and non-executive director, Gavin Manson, will be retiring at the end of the annual…

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