Chains’ owner says shutting 27 outlets is the only option to protect the company
The owner of the Giraffe and Ed’s Easy Diner chains is planning to close 27 restaurants, putting 340 jobs at risk.
Boparan Restaurant Group (BRG) said on Monday it intended to enter a company voluntary arrangement (CVA), an insolvency procedure that can include cutting property costs by seeking store closures or a reduced rental bill.
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