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Casual Dining

Operations

3 reasons Chili's is doing so well right now

 By Joe Guszkowski on Apr. 30, 2024

A focus on value and operations is helping both sales and profits at the casual-dining chain.

Food

Chili's takes shot at the Big Mac with new Big Smasher burger

 By Joe Guszkowski on Apr. 29, 2024

The burger mirrors McDonald’s signature sandwich in almost every way and continues Chili’s efforts to steal share from fast-food chains.

Operations

After a long winter, spring brings signs of life to Applebee's and Outback

By Joe Guszkowski on Apr. 26, 2024

Data from Placer.ai shows that full-service traffic perked up in March after a difficult end to the year.

Marketing

New research shows a wait for a table can be a potent restaurant draw

By Peter Romeo on Apr. 25, 2024

A Penn State study found that a queue of fellow customers is taken as proof a patron has chosen the right place to eat.

Financing

Greg Flynn expands his Applebee’s empire

By Heather Lalley on Apr. 22, 2024

Flynn, already the world’s largest franchisee of the casual-dining chain, is acquiring 26 restaurants from an existing franchisee and is making plans to open 25 new locations by 2031.

Financing

Proposed TGI Fridays sale is no home run, but has promise for both sides

By Joe Guszkowski on Apr. 19, 2024

The $220 million all-stock deal would get Fridays’ owner TriArtisan out of its decade-long investment and give the struggling chain a like-minded partner in franchisee Hostmore, experts say.

Financing

Red Lobster is struggling to pay its bills, vendors say

By Joe Guszkowski on Apr. 18, 2024

Credit data confirms the seafood chain has a large number of overdue balances as it reportedly considers a bankruptcy filing.

Operations

These are the rising stars of the eatertainment space

By Lisa Jennings on Apr. 16, 2024

At the Restaurant Leadership Conference in Scottsdale, Arizona, leaders of Puttshack, Pinstripes, Alamo Drafthouse and the new Joy Trade platform shared their plans for growth.

Financing

TGI Fridays to be acquired by U.K. franchisee Hostmore for $220M

By Joe Guszkowski on Apr. 16, 2024

The merger will create a 600-unit global company and take Fridays public on the London Stock Exchange.

Financing

Report: Red Lobster is preparing for bankruptcy filing

By Heather Lalley on Apr. 16, 2024

The struggling seafood chain is hoping Chapter 11 protection will help it restructure its debt while keeping its restaurants operating, according to Bloomberg.

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