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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.

Applebee's, IHOP Owner Could Soon Add Fast-Casual Brand, CEO Says

Dine Brands hasn’t shied from sharing its long-term plans to fix what ails Applebee’s and IHOP. These broad customer-facing and executive changes, the company hopes, will allow the nation’s largest casual-dining chain to return to growth by the end of 2019.

Del Frisco’s Buys Barcelona Wine Bar, Bartaco for $325M in Cash

Del Frisco’s first-quarter earnings came with a blockbuster announcement for the restaurant company. The parent company of Del Frisco’s Double Eagle Steakhouse, Del Frisco’s Grille, and Sullivan’s Steakhouse entered into a definitive agreement to acquire Barteca Restaurant Group for $325 million in cash.

Applebee's CEO: Death of Casual Dining is 'False News'

We’ve seen the headlines:“Applebee’s Deserves to Die”— Eater.“Millennials are Killing Chains like Buffalo Wild Wings and Applebee’s.” — Business Insider.Dine Brands CEO Stephen Joyce’s response: Fake news.

Off-Premise Growth Drives Denny's Forward Again

Denny’s took a stock market hit Wednesday (May 2) following a first quarter that came up short in same-store sales, although the performance was split significantly between its company and franchised units.

A Better Chili's Begins to Take Shape

Brinker International spent the first quarter strategizing its turnaround story. The second was about implementation. Now, it’s time for results.The parent company of Chili’s and Maggiano’s Little Italy said during a May 1 conference call that it “started to see momentum with significant changes in traffic” during the third quarter, a period that ended March 28.

Texas Roadhouse Continues to Fire Up Impressive Results

Kent Taylor didn’t need a lot of superlatives to explain Texas Roadhouse’s red-hot April. “When I opened my Christmas presents at Christmas, and I got something I’m not sure I expected, I was [just] happy to see it.

Promotions Power BJ's Restaurants' Recent Surge

With middle-income consumers back to spending at rates expected during an economic recovery and BJ’s Restaurants 2018 initiatives off to a good start, the company’s first-quarter earnings were favorable.

Data, Design, and Delivery Drive Continued Momentum for Bloomin’ Brands

The first quarter of 2018 marked the fifth consecutive quarter of continued momentum for Tampa-based Bloomin’ Brands, said CEO Liz Smith during an April 26 earnings call. The parent company of Outback, Carabba’s Italian Grill, Fleming’s Prime Steakhouse and Wine, and Bonefish Grill said the tactics of its growth strategy are paying off.

What's Driving The Cheesecake Factory's Turnaround

The Cheesecake Factory, Inc.’s first quarter earnings call for 2018, held April 25, found the executive team hopeful for the future. In its 2017 fourth quarter earnings call, the brand had laid out a new year plan of action that involved a focus on digital initiatives with a delivery-integrated point of sale system and a social media marketing strategy.

Plant-Based Protein Beverage Company Après Closes $1.1M Seed Round

Après, a digital-first company based in San Francisco offering a plant-based protein beverage developed specifically for premium whole-body replenishment, announced Tuesday the closing of a $1.1 million seed series fundraising round led by Rocana Venture Partners.

SuViche Hospitality Group Acquires Novecento Brand

South Florida’s successful SuViche Hospitality Group has acquired U.S.-based Novecento brand and in tandem with that acquisition is announcing the opening of Novecento’s fourth location. That opening, slated for summer 2018 in Doral, will signal the arrival of a new Novecento, featuring an updated look and feel, a revitalized menu, and a new wine and bar program.