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Danny Klein

The Cheesecake Factory Finds its Growth Brand in North Italia

Since The Cheesecake Factory outlined a plan to take full control of North Italia in October 2018, the brand has grown by four locations, and now has 18 across nine states. There are also first-to-market entries “coming soon” to Tennessee and North Carolina.

Report: Darden Among Suitors for Del Frisco's

Could the restaurant industry be on the verge of another major M&A shakeup? Shares of Del Frisco’s Restaurant Group spiked as much as 30 percent Monday as reports of a possible move surfaced.

Famous Dave's Buys Back Stores as Profit Slips

About two years ago, Famous Dave’s unveiled a plan to refranchise its entire company footprint. Within the next 12 months or so, it trimmed corporate stores from 35 to 16, and had just 17 at the end of fiscal 2018.

Boston's Eager to Join Beyond Burger Boom

Beyond Meat’s IPO debut May 2 turned out to be a blockbuster event. It’s soared nearly 250 percent since to $87 per share, making it the most successful launch of 2019.What’s most interesting about the surge is the booming movement it suggests.

The Greene Turtle Taps Famous Dave's Geo Concepcion as CEO

Geovannie Concepcion, chief operating officer of barbecue chain Famous Dave’s, has left the company to head up The Greene Turtle, a 44-unit sports-themed concept, as president and chief executive officer, the company announced late Tuesday.

Franchisee: Buffalo Wild Wings' Resurgence is Well Underway

Every quarter, Diversified Restaurant Holdings—one of the largest Buffalo Wild Wings franchisees—provides a ground-level glimpse into the now-private chain’s turnaround.And for the second consecutive quarter, the comeback proved compelling.

IHOP, Denny's, and the Changing Face of Family Dining

In the past couple of years, perhaps longer, you could make the argument that family dining was the full-service segment most pressed by a changing consumer. According to insights platform TDn2K, it was the only category to show declining revenue in 2018.

Employee Vacancies Stress the Restaurant Industry

With this year’s Easter shift from March to April, and the fact last year’s run was one of the strongest, it’s probably wise to take recent trends with a grain of salt. TDn2K’s latest Restaurant Industry Snapshot showed negative 0.

Texas Roadhouse is 'Dying' to Grow Bubba's 33 Faster

In the early days of Texas Roadhouse, you would have needed an atlas and a whole lot of time to drive between locations. There was a store in Cincinnati. Sarasota and Clearwater, Florida. The original in Clarksville, Indiana.

Ruth’s Chris Plans 'Prized' Expansion After $19M Deal

Ruth’s Chris Steak House purchased development rights to “prized territory,” for about $19 million in cash, the company announced during its May 3 first-quarter review.Along with three franchises run by longtime operator Marsha Brown—the former banker of founder Ruth Fertel—the high-end steakhouse acquired development rights to the Philadelphia area, including parts of New Jersey and Long Island, New York.

Applebee's is Building a Brand of High Performers

Applebee’s turnaround over the past two years has had several layers. Of the most critical, and perhaps less-publicized points, though, involves fixing one of the starkest gaps in the industry. When Dine Brands reworked its leadership, the team was staring down a very wide gap between effective stores and those brand-damaging units that not only dragged sales, but also poked holes in Applebee’s brand affinity.

Kona Grill Files for Bankruptcy Protection

Struggling casual chain Kona Grill filed for Chapter 11 bankruptcy protection Tuesday—a step the company hinted in mid-April could be coming.The Scottsdale, Arizona-based polished brand has assets of $53.

Chili’s Keeps Rolling with ‘Traffic-Focus Strategy’

Brinker International chief executive Wyman Roberts sees a consumer landscape Chili’s can thrive in. With record low unemployment and income growth expanding throughout the middle class, more people are choosing to dine out, which is strengthening the entire restaurant industry.

Texas Roadhouse and Rising Labor Costs Square Off

Texas Roadhouse’s top-line sales and traffic remain enviable by industry standards. But there’s no question the labor war, especially at the hourly level, is taking its toll. The mounting issue showed up in force during the first quarter of fiscal 2019, announced Monday afternoon.

Outback Invested $50M on Better Food and Service

In the summer of 2017, Outback saw its traffic trends start to strengthen. The brand jumped 130 basis points from the first quarter to the second, which marked the highest result in two years. Although still negative at 0.