Danny Klein | Food Newsfeed
Continue to Site

Danny Klein

The Refresh of Brio Tuscan Grille, Bravo Cucina Gets Underway

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.

Famous Dave's Finds its Sweet Spot

This past May, Famous Dave’s turned a corner. The Minnetonka, Minnesota-based barbecue brand reported its first quarter of profitability since Q2 of 2016, posting net income of $998,000, or 13 cents per share, compared to net loss of $1.

IHOP is IHOP Again, Leaving IHOb (But Not Burgers) Behind

The IHOb experiment is over. IHOP officially flipped its name back to the traditional moniker Monday (July 9), nearly a month removed from its social-media busting June 11 announcement. IHOP took to Twitter and Facebook again to break the news, saying on Facebook: "We're giving away 60¢ short stacks on July 17 from 7a-7p for IHOP's 60th birthday.

Wine Spectator Picks its Best Wine Programs for 2018

Wine Spectator released its annual Restaurant Award Winners, honoring 3,759 restaurants in all 50 states and more than 75 countries for their industry-leading wine programs. As always, the awards were broken down across three categories: Award of Excellence, Best of Award of Excellence, and Grand Award.

Art Institute Closing Campuses Around the Country

Dream Center Education Holdings, the company operating for-profit Art Institute, will no longer accept new students at 30 campuses nationwide. The News & Observer out of North Carolina first reported the news based on an internal memo that read: “Over the last several months, we have taken a strategic and comprehensive look at each of our three education systems and their respective campuses, evaluating them to be sure that they are meeting the needs of today's learners and providing the best student and graduate outcomes.

P.F. Chang's to Explore Sale, Owner Says

The owner of P.F. Chang’s Bistro said now “is an exciting time to explore a sale,” a move that could help the chain deal with debt burden of about $680 million. Centerbridge Partners and the Board of Managers of Wok Parent LLC announced they have retained BofA Merrill Lynch and Barclays to explore a potential sale of the Asian chain, which Centerbridge acquired in 2012 along with fast casual Pei Wei in a deal valued at $1.

How Darden Artfully Built LongHorn Into a Steakhouse Juggernaut

Much of what has taken place at LongHorn Steakhouse in recent years counteracts the casual-dining playbook of old. Simplify and shrink the menu, but improve loyalty and accelerate same-store sales. Historically those results just don’t co-exist in the same battlefield.

Report: Texas Roadhouse is No. 1 in Customer Satisfaction

Given Texas Roadhouse’s sizzling sales of late, it’s no surprise to see the 558-unit chain scoring big with guests on this year’s American Customer Satisfaction Index. Texas Roadhouse notched an 83 (out of 100) to lead all full-service brands studied in the annual report.

Nearly 40 Years Later, Experience Still Rules at Fogo de Chão

There is no way to flip a red/green card on a take-out order. Brazilian-trained gaucho chefs aren’t available for in-home dinner parties. Yet, at its core, the off-premises movement into full-service is centered on capturing new occasions—guests and dayparts once absent before technology joined the conversation.

Surging Darden Plans to Add 40–50 Restaurants in 2019

Darden’s strong close to fiscal 2018 soared its stock more than 15 percent Thursday to $107.06, its highest point since March 2009. Don’t expect that momentum to slow anytime soon. In fact, Darden said during a June 21 conference call that it plans to open 45–50 new restaurants in 2019—a pretty rare growth boom in today’s casual-dining arena.