US Foods announced July 30 it has entered into a definitive agreement to acquire five operating companies collectively known as SGA’s Food Group of Companies for $1.8 billion in cash. Scottsdale, Arizona-based SGA’s Food Group of Companies generated combined 2017 net sales of $3.
To peek into the nature of Outback’s shifting business, the word “discount” was mentioned 18 times during Monday’s second-quarter conference call. In this case, it was used to illustrate how the iconic steakhouse has redirected a strategy once featured without pause in casual dining.
Our world becomes increasingly more digital by the day, and consumer expectations are shifting as a result. This opens up exciting new ways for brands to interact with customers. Full-service restaurants like TGI Fridays are seeing traction with their digital ordering apps, and grocery delivery services are now becoming the norm rather than the exception.
The calendar might say one thing, but BJ’s Restaurants' struggles feel like they were ages ago. Since the third quarter of fiscal 2017, which ended October 3, 2017, the 200-unit chain has transformed from a brand on a six-quarter negative sales streak into one of the hottest concepts in casual dining.
Del Frisco’s Restaurant Group has a new chief marketing officer to lead its growing portfolio. The company announced July 25 that Mia Meachem, formerly the marketing leader at Highland Park Village, is joining the company to direct Del Frisco’s overall marketing, innovation, and consumer engagement strategy.
In a move to further “differentiate and perfect the guest experience at Maggiano’s,” Brinker International tapped industry vet Kelly C. Baltes as the next president of the 52-unit Italian chain.Baltes will be responsible for overseeing all aspects of Maggiano’s restaurants, including strategies and future growth of the brand, the parent company of Chili’s said in a release.
There are more than 3.3 billion active social media users across the world. Along with the rapid increase in mobile devices, social networks can help your restaurant attract customers and improve brand awareness.
Beyond what mom made, chefs are transforming this creamy, gooey dish into something imaginative. Here are a few thought-provoking mac ingredients crafting comforting, cheesy bites. 1. ChocolateMixing in international influence, chef and owner of Boston’s The Lower Depths, Brian Poe, creates depth through Taza: a Massachusetts-made chocolate with Mexican ingredients.
Made from late-harvest grapes that have frozen on the vine, ice wine is a sweeter, slightly thicker drink generally enjoyed with—or as—dessert. Known as eiswine in German, this sugary concoction requires patience and remains notoriously difficult for winemakers to perfect, which bumps up the cost.
While some chefs explode onto the dining scene fairly early in their careers, Chef Coleen Speaks’ emergence into the spotlight has been more of a slow burn. Speaks has been in the industry since she was 15 and over the years has cut her teeth at such noteworthy establishments as Emeril Lagasse’s NOLA Restaurant, Raleigh, North Carolina’s Bloomsbury Bistro, and Ashley Christensen’s Enoteca Vin.
Following the $100 million sale of 110-unit Bravo Brio Restaurant Group to Spice Private Equity, a Swiss subsidiary of investment firm GP Investments, American restaurateur Bradley D. Blum and the Brazilian-based firm announced the formation of a new restaurant company, FoodFirst Global Restaurants, Inc.
Have you ever wondered if you’re pricing your catering proposals correctly? Is it possible to make more money? I know I wasn’t doing it right and it cost me. Let me show you what took me too long to learn myself.
Millennials, one of the fastest growing consumer groups, often want their food fast, though not necessarily fast food.In fact, they eat more meals in restaurants and have purchased more prepared foods than both Gen Xers and Baby Boomers, according to analyst Bernstein, a global asset management firm, which recently pulled data from the U.
When restaurateur Alex Sgourdos approached consultant Michael Whiteman for advice on whether he should transform an underground bank vault into a restaurant, Whiteman’s answer was an absolute yes.What’s now known as Butcher & Banker was formerly a 1930s bank.
Darden has been up front about its struggles with Cheddar’s Scratch Kitchen. The casual chain, purchased for $780 million last April, was the only concept in Darden’s eight-brand portfolio to report negative same-store sales in the fourth quarter at negative 4.