Operations
Dave George is tapped for another operations-led revival, this time of Outback's parent
The former Darden Restaurants operations specialist will serve on Bloomin' Brands board and lead an "Operating Committee" to revive the casual-dining giant.
Financing
TGI Friday's closes 36 stores, sells more to Ray Blanchette
Blanchette, a former CEO of the chain, will operate the stores as a franchisee. The price he paid was not disclosed.