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Danny Klein

Famous Dave’s Returns to Profitability

For the first time since the second quarter of 2016, Famous Dave’s is back in the green. The barbecue chain reported net income of $998,000 in the first quarter, or 13 cents per share, compared to net loss of $1.

Kona Grill Unveils Franchise Growth Plan for China, U.S.

Kona Grill’s sales and traffic remain in the red. But can a summer of changes—both customer facing and internally—engineer a turnaround for the 46-unit brand?Perhaps the biggest move in recent months was Kona’s strategic investment with Nanyan Zheng, the magnate who grew Plateno Group into one of the world’s top five hotel companies with more than 4,400 locations.

Some Company-Run Chili's Hit with Security Breach

Brinker International released a statement May 12 stating that an undisclosed amount of Chili’s guests had their payment card information compromised in a “data incident.” Brinker believes the incident was limited to between March–April 2018, however, the company continues to look into the scope of the breach.

On The Border's Quest to Become a Billion-Dollar Brand

“It’s not transactional. It’s experiential.”Given all of the changes imprinting the full-service restaurant industry, from off-premise to kiosks to mobile ordering and delivery, Matt Hood believes this mentality is what separates stale concepts from contenders.

Strong April Sales Hint at Long-Term Restaurant Recovery

The restaurant recovery is in full effect. TDn2K’s latest industry snapshot provided the most promising news in some time, as same-store sales grew 1.5 percent across the dining landscape—the best month since September 2015 based on sales growth.

Applebee's, IHOP Owner Could Soon Add Fast-Casual Brand, CEO Says

Dine Brands hasn’t shied from sharing its long-term plans to fix what ails Applebee’s and IHOP. These broad customer-facing and executive changes, the company hopes, will allow the nation’s largest casual-dining chain to return to growth by the end of 2019.

Controversial Menu-Labeling Rule is Now Law for Restaurants

May 7 marked the official start date for the oft-delayed menu-labeling laws. It took nearly a decade, but at last restaurants and other away-from-home food retailers are being required by federal obligation to include calorie counts on menus and signage.

Del Frisco’s Buys Barcelona Wine Bar, Bartaco for $325M in Cash

Del Frisco’s first-quarter earnings came with a blockbuster announcement for the restaurant company. The parent company of Del Frisco’s Double Eagle Steakhouse, Del Frisco’s Grille, and Sullivan’s Steakhouse entered into a definitive agreement to acquire Barteca Restaurant Group for $325 million in cash.

Ted’s Montana Grill Reveals Biggest Menu Overhaul in Brand's History

Ted’s Montana Grill unveiled its biggest menu overhaul May 3 since being co-founded in 2002 by Ted Turner and restaurateur George McKerrow.The 45-unit brand, which claims to offer the world’s largest menu featuring bison and has restaurants in 16 states, spent six months analyzing current and lapsed-guest perceptions of its menu offerings, service, quality, and value.

Applebee's CEO: Death of Casual Dining is 'False News'

We’ve seen the headlines:“Applebee’s Deserves to Die”— Eater.“Millennials are Killing Chains like Buffalo Wild Wings and Applebee’s.” — Business Insider.Dine Brands CEO Stephen Joyce’s response: Fake news.

Off-Premise Growth Drives Denny's Forward Again

Denny’s took a stock market hit Wednesday (May 2) following a first quarter that came up short in same-store sales, although the performance was split significantly between its company and franchised units.