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Tilted Kilt Being Sold to Dick’s Wings Owner

ARC Group, Inc., owner, operator, and franchisor of Dick’s Wings & Grill, said it intends to acquire Tilted Kilt, the Jacksonville-based company announced.Dick’s Wings, a 23-year-old brand, has 15 restaurants in Florida and five in Georgia.

Dave & Buster’s Longtime CEO to Retire in August

It’s the end of an era for Dave & Buster’s. Since going public in 2014, chief executive officer Stephen M. King and chief financial officer Brian Jenkins have been the face of the company for investors.

Sales Momentum Slows for Restaurants in May

Restaurant sales slowed a bit in May after a sizzling spring start. TDn2K’s latest Restaurant Industry Snapshot, based on weekly sales from more than 30,000 restaurant units, showed flat same-store sales growth across the industry—a significant slowdown from April’s 1.

Why Locally Made Bread Is Worth the Extra Cost

When John des Rosiers opened Inovasi nearly a decade ago, he spent years refining the menu to get the quality just right at the upscale American bistro located in Chicago’s northern suburb of Lake Bluff.

Report: Restaurateurs Optimistic About 2018 Sales

Nearly 60 percent of restaurateurs indicate that hiring, training and retaining staff are among the top areas of opportunity for the industry, according to a survey unveiled today by Toast. The “Restaurant Success in 2018” Industry Report results also suggest optimizing speed and efficiency, as well as attracting and retaining customers, are the second and third most crucial challenges, respectively, for restaurateurs in 2018.

Planet Hollywood Owner Scoops Up Bertucci’s Out of Bankruptcy

Earl Enterprises, the company behind Planet Hollywood, Earl of Sandwich, and Buca di Beppo, has purchased Italian chain Bertucci’s out of bankruptcy. Earl Enterprises, which operates about 130 total locations, will pay more than $3 million in cash for Bertucci’s, as well as issue $13 million in new second-lien debt, and take on $4 million in debt.

Bravo Brio Owner Forms New Restaurant Company

American restaurateur Bradley D. Blum and Brazilian-based investment firm GP Investments, Ltd. announced the formation of a new restaurant company, FoodFirst Global Restaurants, Inc. With the intention to be a progressive, relevant, diverse, and highly successful restaurant company for the 21st century, FoodFirst Global Restaurants acquired its first brands, Brio Tuscan Grille (Brio) and Bravo Cucina Italiana (Bravo) in a transaction, which closed on May 24.

Crafted Coffee Gives Cracker Barrel a Jolt

Before same-store sales declined 0.4 percent in Q3 2017, Cracker Barrel appreciated 11 straight quarters of positive gains. Is the 653-unit chain ready to stage another impressive run?Cracker Barrel’s comps increased 1.

Red Robin Blazes its Own Path to Long-Term Success

Affordability, not discounting. It’s the foundation Red Robin believes will support long-term traffic and sales growth for quarters and years to come. But in the short-term? Challenging an increasingly value-focused casual sector isn’t always going to be pretty.

How to Bootstrap Your Restaurant to Success

Amid the current wave of powerhouse restaurant groups debuting one multimillion-dollar buildout after the next, it’s easy to forget that much of the restaurant industry is still made up of those ragtag owner-operated spots launched with a few bucks and a dream.

Famous Dave’s Returns to Profitability

For the first time since the second quarter of 2016, Famous Dave’s is back in the green. The barbecue chain reported net income of $998,000 in the first quarter, or 13 cents per share, compared to net loss of $1.

Kona Grill Unveils Franchise Growth Plan for China, U.S.

Kona Grill’s sales and traffic remain in the red. But can a summer of changes—both customer facing and internally—engineer a turnaround for the 46-unit brand?Perhaps the biggest move in recent months was Kona’s strategic investment with Nanyan Zheng, the magnate who grew Plateno Group into one of the world’s top five hotel companies with more than 4,400 locations.

Some Company-Run Chili's Hit with Security Breach

Brinker International released a statement May 12 stating that an undisclosed amount of Chili’s guests had their payment card information compromised in a “data incident.” Brinker believes the incident was limited to between March–April 2018, however, the company continues to look into the scope of the breach.

Strong April Sales Hint at Long-Term Restaurant Recovery

The restaurant recovery is in full effect. TDn2K’s latest industry snapshot provided the most promising news in some time, as same-store sales grew 1.5 percent across the dining landscape—the best month since September 2015 based on sales growth.