Restaurant Group to close some stores in leisure division, suspend dividend
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(Reuters) - Restaurant Group , the owner of the Frankie & Benny's chain, said on Wednesday it would shut stores in its leisure business and temporarily suspend its dividend.The company, which operates restaurants and pubs in the UK under brands such as Chiquito and Coast To Coast, said it would reduce the number of stores to 260-275 by the end of 2021, from 350 currently.Shares in Restaurant Group fell 3.4% to 113.5 pence at 0814 GMT.The company has been struggling with falling sales in its..