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Chain Restaurants

Firm Takes Minority Stake in Cooper's Hawk

Private equity firm Ares Management Group confirmed July 23 that it had made an investment in Cooper’s Hawk Winery & Restaurants. In the deal, Ares bought a minority stake from Connecticut-based KarpReilly, who has held a minority position since 2009.

Boston’s Introduces New Drink Menu, 'Appy Hour' Nationwide

Boston’s Pizza Restaurant & Sports Bar is staying on top of new drink trends as it debuts its new drink menu and “Appy Hour” nationwide. Guests will be given the opportunity to experience over 20 new drinks added to the Boston’s beverage menu.

Friendly’s Launches New and Improved Loyalty Program

Friendly’s announced the launch of its new and improved loyalty program, the BFF Club, which gives consumers access to timely updates on new promotions, events and offers. The new BFF Club app boasts several new features including online ordering as well as expanded functionality to obtain greater rewards.

Glory Days Grill Inks North Carolina Expansion Deal

Glory Days Grill, a sports-themed casual dining family restaurant chain operating 34 corporate and franchised restaurants in Florida, Virginia, Maryland, North Carolina, and West Virginia, signed a Development Agreement with Carolina Performance Food Group, LLC (CPFG) with plans to open eight Glory Days Grill restaurants in the following markets over the next several years: Raleigh, Durham, Chapel Hill, and Fayetteville, North Carolina.