As expected, Buffalo Wild Wings is continuing its annual tradition of going all-out for March Madness. The brand unveiled a fresh campaign Wednesday—its first since the start of NFL season and Buffalo Wild Wing’s second under new CMO Seth Freeman—called “That’s March Madness.
Del Frisco’s Restaurant Group entered 2019 a far different company than it began 2018. From just an asset standpoint, the company’s restaurant base upped 20 percent. Even with the purchase of Barteca Restaurant Group (bartaco and Barcelona Wine Bar) on June 27 for $325 million, DFRG still is a relatively small company in the publicly traded restaurant space, with 75 restaurants across 16 states.
Just a couple of years ago this statement would have been laughed off the debate floor. A consumer shift from four-wall to at-home dining provides an opportunity for one of the largest casual-dining companies in the world to grow sales and incremental revenue.
Just One More Restaurant, the parent company behind legendary brand Palm Steakhouse, filed for Chapter 11 bankruptcy protection March 7, according to a filing with the U.S. Bankruptcy Court in Fort Meyers, Florida.
Turn the calendar back a year and Chuy’s off-premises sales were breaking records. At 12.25 percent, the mix was the largest in the chain’s 36-year-history to date. One of the biggest reasons for optimism was catering.
The U.S. Department of Labor shared late Thursday a highly anticipated proposal to change overtime pay requirements. The proposal states that workers covered by the Fair Labor Standards Act who make less than 35,308 per year (or $679 per week), unless exempt, are automatically eligible for time-and-a-half pay for all hours worked beyond 40 a week.
Bloomin’ Brands announced an executive bombshell ahead of its March 11 investor day. The company will implement its chief executive officer and chief financial officer succession plan, effective April 1, it said Friday morning.
Famous Dave’s began 2018 on a high note. Last May, the barbecue chain reported net income of $998,000 in the first quarter, which was a welcome change from the $1.4 million loss it swung in the year-ago period.
One of the benefits of going private, from the company's perspective at least, is the ability to control the narrative. You’re not tied to reporting quarterly earnings in front of investors each period.
Paulson & Co. Inc and TriArtisan Capital closed their previously announced deal for Chinese chain P.F. Chang’s, the companies announced March 1. Financial terms of the acquisition from Centerbridge Partners, L.
Red Robin endured hard-earned lessons in 2018, chief executive Denny Marie Post said Tuesday afternoon, leading the burger brand to outline a full-throttle comeback plan.She admitted the year was, in sum, “very disappointing.
There’s no denying BJ’s Restaurants had a banner run in 2018. But CEO Greg Trojan doesn’t want to become a prisoner of the moment. Taking market share isn’t exactly a revolutionary concept for the 202-unit brand, founded in 1978 and public since 1996 (the company was known as Chicago Pizza & Brewery prior to August 16, 2004).
Headed into 2018, Applebee’s revamped leadership set a goal to become the most improved restaurant brand in America. The target was ambitious for a few reasons. First the obvious one: To that point, nearly every headline about the chain fell into a series of painful categories.
Texas Roadhouse has drawn a line in the sand in regards to margin pressure. Mostly, this comes in the form of a 3.2 pricing increase set to unroll over a four-month period—the 555-unit steakhouse chain’s largest in the last 15 years.
The surface-level stats are promising. January’s same-store sales of 2 percent—the same as December—marked the best two months for restaurants in more than two years, according to TDn2K’s latest Restaurant Industry Snapshot.