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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.

Bad Daddy’s Burgers Reports Sales Increase For Q1

Good Times Restaurants Inc., operator of Bad Daddy’s Burger Bar, a full-service, upscale burger bar concept and Good Times Burgers & Frozen Custard, a regional quick-service restaurant chain focused on fresh, high-quality, all-natural products, today announced that same store sales at its Bad Daddy’s concept increased 0.

Guest Satisfaction Scores Rise at Cheddar's

Darden chief executive Gene Lee admitted he’s “disappointed by the lack of progress in the top line” at Cheddar’s Scratch Kitchen. After reporting same-store sales declines of 4 percent in the second quarter of fiscal 2019, Darden’s most recent acquisition has tracked negative in six straight periods.

Four Corners Property Trust Buys Red Lobster Properties for $25.9M

Four Corners Property Trust, a real estate investment trust engaged in the ownership of high-quality, net-leased restaurant properties, announced the acquisition of six Red Lobster restaurant properties in Delaware, Indiana, Kentucky, Minnesota, Mississippi, and North Dakota for $25.