Half of Chiquito restaurants under threat

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Half of Chiquito restaurants under threat
United Kingdom Latest News,United Kingdom Headlines
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Owners the Restaurant Group will review the future of each one as leases come up for renewal.

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In March, it identified 76 Frankie & Benny's restaurants in what it now considers to be unfavourable locations and it has now highlighted 42 more sites, which are mainly Chiquitos.It was caused by it writing down the value of restaurant sites seen as being"structurally unattractive". A spokesman told the BBC that as each restaurant's lease came up for renewal, its future would be considered.The spokesman added that those sites identified as structurally unattractive were"mostly situated in retail sites, leisure parks and next to cinemas, and footfall is massively declining in those areas".

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