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Casual Dining

Operations

Casual-dining restaurants have a value problem

 By Joe Guszkowski on Apr. 15, 2024

Consumers say they’re getting less bang for their buck at sit-down places. Operators are working to change that while still protecting their margins.

Emerging Brands

Buffalo Wild Wings has big plans for small-scale spinoff BWW Go

 By Joe Guszkowski on Apr. 11, 2024

The full-service chicken wing chain this week opened its 100th Go location and has franchisee commitments to open nearly 600 more of the takeout-focused restaurants.

Food

Matchbox lowers menu prices to get back to the concept's roots

By Patricia Cobe on Apr. 08, 2024

A value proposition is core to this metro Washington, D.C.-based casual-dining concept, and the new menu builds guest volume with affordable, chef-inspired food.

Leadership

Outback Steakhouse parent Bloomin' Brands promotes Michael Healy to CFO

By Joe Guszkowski on Apr. 04, 2024

The longtime Bloomin’ official was most recently the company’s head of global business development. He replaces Chris Meyer, who is retiring.

Financing

How Red Lobster got in over its head

By Joe Guszkowski on Apr. 03, 2024

Leadership problems, a tough economy and all-you-can eat shrimp have brought the nation's biggest full-service seafood chain to the brink of rock bottom.

Food

Red Lobster's iconic Cheddar Bay Biscuits change shape

By Patricia Cobe on Apr. 01, 2024

April Fool’s joke or permanent switch? The classic biscuits get elongated into breadsticks on Monday.

Emerging Brands

Punch Bowl Social plans growth with two acquired concepts

By Lisa Jennings on Mar. 29, 2024

Chicago-based eatertainment chain Punch Bowl Social has acquired two new brands that it plans to grow. One is karaoke-concept Voicebox and the other is an immersive art experience called Sweet Tooth Hotel. Both have cocktail bars.

Leadership

BJ's agrees to listen to another activist investor

By Joe Guszkowski on Mar. 27, 2024

The casual-dining chain will take input from PW Partners on how to boost shareholder value. In exchange, PW will withdraw two board nominees.

Financing

Benihana deal makes The One Group one to watch in full-service dining

By Joe Guszkowski on Mar. 27, 2024

Acquiring the 86-unit teppanyaki chain will make the owner of STK and Kona Grill a $1 billion company. And it's just the beginning of an ambitious long-term growth plan.

Financing

STK parent One Group to acquire Benihana owner for $365M

By Joe Guszkowski on Mar. 26, 2024

The deal for Safflower Holdings, which also includes the RA Sushi brand, will nearly triple One’s footprint to 168 locations worldwide.

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