A lesson about business turnaround from Jamie’s Italian

The news for restaurant chain Jamie's Italian looked bleak this week. The famous chef's chain of restaurants throughout the UK have seen 12 of its 37 stores close since launch, with its Barbecoa steakhouse in Piccadilly falling into administration after only just a year of trading. Speaking at the Casual Dining Show in London, the Jamie's Italian CEO John Knight put the urgent need for a business turnaround strategy down to 2 things:  Complacency and a Failure to Innovate. And they're not alone. In a previous blog post, we also featured the downfall of Toys giant Toys R Us and [...]