casual_dining

Cracker Barrel says it's not alone in seeing a 'meaningful' traffic drop-off

By Peter Romeo on Jun. 06, 2023

The chain told financial analysts that economic uncertainty is dampening traffic across the full-service sector, and it isn't certain when the downturn will end.

Financing

Fat Brands plans to take Twin Peaks public

By Jonathan Maze on Jun. 06, 2023

The brand collector plans to offer shares of the casual-dining chain to the public but will remain its majority owner.

Financing

Red Robin sells 9 stores for $29M in sale-leaseback deal

By Joe Guszkowski on Jun. 05, 2023

The chain will use the proceeds to repay debt, fund capital projects and buy back stock. It hopes to do the same with other restaurants.

Financing

Pinstripes bowling and bistro concept lands investment from Granite Creek Capital

By Joe Guszkowski on May 31, 2023

The 13-unit eatertainment chain will use the funding to finance new restaurants as it makes a growth push.

Financing

Red Robin's revamp takes a bite out of wait times

By Joe Guszkowski on May 24, 2023

Just 2% of guests now report waiting more than 15 minutes for a table, an 8-point improvement from a year ago.

Workforce

5 ways to set up restaurant staff for success

By Restaurant Business Staff on May 21, 2023

Restaurant Business’ GMs of the Year shared how they cultivate a strong team culture during a session at the National Restaurant Association Show.

Financing

Casual dining completed its comeback. Now what?

By Joe Guszkowski on May 12, 2023

The segment is generating sales like it’s 2019 again, but it hasn’t shaken pre-pandemic traffic problems. That will make future growth hard to come by.

Financing