The Jamie Oliver Restaurant group has confirmed it will close a third of its UK restaurants as a part of its strategic business review.
In a statement the company released, they aid it was proposing to shut down 12 of the 37 Jamie’s Italians restaurants to ensure that the brand stays in good shape for the future.
The places facing the closures are: Bath, Bristol, Bluewater,
Chelmsford, Greenwich, Harrogate, Kingston, Reading, St Albans and Threadneedle.
The group emphasized that the remaining 25 restaurants in the UK would be completely unaffected by this move and continue to run business as usual.
Jon Knight, the CEO of Jamie Oliver Restaurants, stated “This was not an easy decision to make but a crucial step to ensure that our brand stays strong and continues to serve our loyal customers.” He added, “We will look to redeploy as much of our staff as we can to the other restaurants to keep them running smoothly and keep our obligations to our employees fulfilled.”
The decision comes after a difficult year for Oliver’s restaurant business. The group posted a £ 9.9 M loss for the last financial year, along with the long time CEO Simon Blagden announcing his step-down in October of 2017 after his decade long tenure.
The company had previously shut down six Italian restaurants in early 2017 and closed its final Union Jacks Pizza in March, six years after the first concept.
Many restaurants across the market have shown signs of struggling this year with consumers shifting towards more health driven choices.