June 2019 | Food Newsfeed
Continue to Site

June 2019

Del Frisco’s Sold to L Catterton for $650 Million

Del Frisco’s has entered into a definitive agreement to be purchased by private-equity firm L Catterton, the companies announced June 24. L Catterton, which is no stranger to the restaurant space with investments in Noodles & Company, Uncle Julio’s, Hopdoddy, Chopt, Anthony's Coal Fired Pizza, and others, is buying the multi-concept restaurant group in an all-cash transaction valued at about $650 million.

Carrabba’s Evolution is All About Customer Experience

Carrabba’s Italian Grill president Michael Kappitt touched on a universal truth for restaurants. “We have competitors everywhere,” he says. But that’s where the generalizations end. There are four independents for every multi-unit Italian brand in the country.

4 Steps to Prevent a Rodent Infestation in Your Restaurant

It's a problem plaguing most major cities, rats out in the open. They are leaping out of dumpsters, hunting for food. But what about restaurants? What happens when customers leave and the place closes for the night? Popular restaurants are the hotspots for tourists and residents alike.

Investor Calls for Removal of Red Robin Board Members

Less than a week after calling for the auction of Red Robin, activist shareholder Vintage Capital is pushing for further leadership changes. Vintage, which holds 1.5 million shares or about 12 percent of Red Robin's stock, called for a special meeting of shareholders in order to remove board members in a SEC filing.