Gaucho looks to cut slice of Cau

The ever-deepening retail crisis continues to strike at the heart of the food and beverage sector as today premium steak restaurant Gaucho announced that it is examining plans to close stores.

The Argentine chain has drafted in advisers to scrutinise its 22-strong Cau-branded portfolio, which is putting more than 700 jobs at risk. The 16 Gaucho-branded stores, which are predominantly in London, will be safe from closure as it continues to operate with relative success.

See the map detailing the store