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Benny’s, 11 Chiquito sites and 8 other sites will close. By Forex in pina Canocchi for Thisismoney.

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Benny’s restaurants, 11 Chiquito sites and eight other sites, including one Garfunkel’s. Restaurant Group ousted its chief executive Danny Breithaupt a couple of weeks ago after it had slashed its profit expectations and the chairman today blamed a series of ‘own goals’ by previous bosses for the company’s woes. Benny’s most popular dishes such as chicken parmigiana. On top of a 3. 5million in the six months to June. 38million in the same period last year.

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The move is expected to affect around 500 jobs, although it is understood that the company will redeploy almost all of them in other outlets. While staff will be absorbing the implications and concerned for their jobs, the City seemed to think the move will improve the group’s finances. The shares today rose more than 7 per cent, or 29p, to 436. However, Restaurant Group’s share price is down 40 per cent since the beginning of the year.

Benny’s, its New York-style Italian restaurant chain which is popular among families, has lost customers because of the removal of some popular dishes from the menu and higher prices. Benny’s in a bid to attract customers back. We will look at the pricing architecture of the menu, re-invigorate the value offer and seek to understand how we can use our supply chain relationships to price engineer more effectively,’ it said in a statement. Group’s like-for-like sales fell 3. 9 per cent during the first half, although trading has improved slightly in recent weeks, with like-for-like sales for the 34 weeks to 21 August down 3. Overall group sales rose by 3.

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