Finance for Restaurants | Food Newsfeed
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Finance

BJ's Rides a Red-Hot Year to Long-Term Success

There’s no denying BJ’s Restaurants had a banner run in 2018. But CEO Greg Trojan doesn’t want to become a prisoner of the moment. Taking market share isn’t exactly a revolutionary concept for the 202-unit brand, founded in 1978 and public since 1996 (the company was known as Chicago Pizza & Brewery prior to August 16, 2004).

Outback's Delivery Investment Pays Off

Bloomin’ Brands chief executive officer Liz Smith is confident the momentum Bloomin’ Brands—especially with Outback Steakhouse—has gained over the past eight quarters will continue in 2019. On a February 14 conference call Smith outlined success in sales and traffic growth across the Bloomin’ Brands portfolio, which also includes Carrabba’s Italian Grill, Bonefish Grill, and Fleming’s.

40NORTH Restaurants Buys TOWN Bar + Kitchen

40NORTH Restaurants, the full-service division of Villa Restaurant Group, owned by New Jersey’s own Scotto Family, announced that it has acquired the popular TOWN bar + kitchen restaurant, located at 80 Elm Street in Morristown, New Jersey.

Bull Durham Beer Co. Sold to R&D Brewing

R&D Brewing Company has purchased Bull Durham Beer Co., the first brewery in America to operate in a Minor League baseball stadium.Founded in 2015 by Capitol Broadcasting Company, Bull Durham Beer is brewed at the home ballpark of The Durham Bulls.