July 2019 | Food Newsfeed
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July 2019

Cheesecake Factory to Buy Fox Restaurant Concepts, North Italia for $308M

The integration process was going so smoothly The Cheesecake Factory decided to buy the entire company. The polished casual leader announced Wednesday afternoon it has entered into definitive agreements to acquire Fox Restaurant Concepts and the remaining interest in North Italia, “reinforcing its leadership position in experiential dining,” the company said.

Another Broken Egg Revamps Itself Inside and Out

For a long time, Another Broken Egg remained stagnant. Clay Carson, the brand’s VP of franchise sales and real estate, says people in the industry wondered why the concept didn’t grow. It had done well in tourist destinations, but after an initial expansion in 2008, Another Broken Egg hit the brakes.

Why Discounting is Almost Always a Bad Idea

Providing a discount sounds like a good idea. If you cut prices for a limited time, you’ll see a spike in sales and you’ll attract a host of new customers, right?The truth is that discounting is can do real damage.

The Functional Food Trend Fueling Restaurant Menus

It’s hard to remember now, but there was a time when the majority of diners couldn’t pronounce acai and kale was just the thing that filled in space on salad bars. Over the last decade, though, the functional food movement, highlighting ingredients for their specific health functions, has exploded.

Red Robin Wants to Help Families Connect Again

As convenience, independents, and technology flood the restaurant lexicon, casual dining has clawed for an identify. That’s far from a new challenge, but there is a movement emerging as millennials mature into the marketplace.

Firm Takes Minority Stake in Cooper's Hawk

Private equity firm Ares Management Group confirmed July 23 that it had made an investment in Cooper’s Hawk Winery & Restaurants. In the deal, Ares bought a minority stake from Connecticut-based KarpReilly, who has held a minority position since 2009.