Overview
- The directors say they are working with independent advisers to explore all options to secure the business’s long‑term future.
- Interpath has been appointed to run a strategic review and has recently contacted prospective backers about a possible deal.
- The UK operation employs nearly 2,000 people, placing jobs and restaurant sites under renewed uncertainty.
- Sugarloaf TGIF Management, led by former global CEO Ray Blanchette, acquired the UK chain last month.
- The move comes at the start of the key festive trading period and against ongoing cost pressures facing hospitality operators.