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Restaurant Traffic is Falling, but Guests are Spending More

Score one for chain restaurants. TDn2K’s latest Black Box data, released Friday, gives operators plenty to be optimistic about, said Victor Fernandez, vice president of insights and knowledge.“The sector is going through its longest period of sales expansion for comparable stores since 2015,” he said.

Despite Weather, Bad Daddy’s Sales Rise in Q2

Good Times Restaurants Inc., operator of Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard, announced that same store sales at its Bad Daddy’s concept increased 1.3 percent during the second quarter over the prior year’s increase of 0.

The State of the Full-Service Restaurant Industry

Running a restaurant is such a personal journey that, often times, operators gloss over one of their greatest resources. If you’re struggling, chances are someone else is, too. Some of the best advice comes from restaurateurs who have been there before.

Lucky Strike Sold to Former Dave & Buster’s Owner

As emerging eatertaiment brand Lucky Strike enters its next phase of growth, it will have a party familiar with the space backing it. Wellspring Capital Management LLC, which bought Dave & Buster’s for $375 million in 2006 before selling it four years later, announced it closed the acquisition of the 21-unit brand.

Dave & Buster's Gets Back in the Driver's Seat

In the fall of 2017, Dave & Buster’s started to really vocalize the effects of a changing industry. Not just restaurants in particular, but an “eatertainment” space growing more crowded by the day.

Kona Grill Exploring Sale as CEO Resigns

Marcus Jundt, the chief executive of struggling polished-casual chain Kona Grill, resigned from his post, effective March 31, the company revealed in a securities filing Friday. Jundt took over as sole CEO in January, less than two months after Kona Grill said it would try a dual arrangement with Jundt and Steve Schussler.

Why are So Many Restaurants Going Bankrupt?

In recent months and years, the restaurant industry has seen its share of bankruptcies, including, but not limited to, filings from Bertucci’s, Logan’s Roadhouse, Real Mex Restaurants, fast casual Noon Mediterranean, Romano’s Macaroni Grill, Scotty’s Brewhouse, Ruby’s Diner, and Iron Chef Jose Garces.

Drop the Check, Keep the Guests

During a recent trip to Japan, Julian Hakim experienced something new while staying three nights at the posh Aman Hotel Tokyo.When he went to breakfast, he didn’t see a check.When he completed dinner, he didn’t see a check.

Customization Concept Stacked Builds a Plan for Growth

Since Chipotle arrived on the scene, customization has become a major factor in the fast-casual and quick-service industry. However, in the full-service space, it hasn’t caught on quite as quickly. Chefs craft menus from carefully selected ingredients, and a substitution could throw off the flavor of a dish.

Catering Expansion Paves the Runway for Chuy's

Turn the calendar back a year and Chuy’s off-premises sales were breaking records. At 12.25 percent, the mix was the largest in the chain’s 36-year-history to date. One of the biggest reasons for optimism was catering.

February Freezes Restaurant Sales Yet Again

The restaurant industry hit a bump in the road for the first time since May. Before February, same-store sales growth across the industry was positive for eight consecutive months. Restaurants saw a 0.

Making Pay-What-You-Can Work for Your Restaurant

One year into business, A Place at the Table in Raleigh, North Carolina, is fielding requests to open more locations in more cities, but general manager Maggie Kane says that’s just not possible.“It doesn’t quite work like that,” she says.

Firms Close Sale of P.F. Chang’s

Paulson & Co. Inc and TriArtisan Capital closed their previously announced deal for Chinese chain P.F. Chang’s, the companies announced March 1. Financial terms of the acquisition from Centerbridge Partners, L.