Following a weak start to the year, Restaurant Group has reported an encouraging 4 per cent rise in like-for-like sales in the first 19 weeks of the year.
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True, the comparative trading period in 2011 was soft, but this nevertheless looks like a good result. The company also announced that it has been trialling a new brand, an American-style bar and grill call Coast to Coast, next to one of its Frankie and Benny's sites in Brighton. The results so far have been impressive, and if further planned openings are a success, the new brand could further add to the attractions of Restaurant Group's self-financing growth story.
