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finance

Outback parent to close 43 restaurants after posting loss

 By Peter Romeo on Feb. 17, 2017

Bloomin' Brands said Q4 domestic comps fort Outback and Carrabba's decreased 4.8% and 2.3%, respectively.

Operations

This week’s 5 head-spinning moments: Forced retirements

 By Peter Romeo on Oct. 20, 2017

Venerable business principles and concepts were shipped off to the old folks' home this week, worsening observers' neck arthritis.

Financing

Investors were lovin’ McDonald’s in 2017

By Jonathan Maze on Jan. 02, 2018

The burger chain’s stock surged more than 40%, making it the top-performing brand on Wall Street.

Financing

Tax reform has a downside for Chili’s parent

By Peter Romeo on Jan. 30, 2018

Deferred taxes have a lower value for Brinker International under revised federal rates, cutting into the casual-dining company's profits.

Financing

Shake Shack set to speed up growth in 2018

By Benita Gingerella on Feb. 16, 2018

The chain plans to open between 32 and 35 new domestic units in the next year.

Financing

Bravo Brio to be sold to GP Investments for $100M

By Jonathan Maze on Mar. 08, 2018

The owner of Bravo Cucina Italiana and Brio Tuscan Grille will be acquired in an all-cash deal.

Financing

Burger King and Popeyes are testing delivery

By Jonathan Maze on Apr. 24, 2018

Both brands have the service in “hundreds” of restaurants and plan to expand it quickly.

Yields & Deals--Strength of Sysco, PFG stocks tapped to enhance performance, growth initiatives;

By Restaurant Business Staff on Nov. 05, 2001

Sysco Corp., Houston, and Performance Food Group (PFG), Richmond, VA, have put to good use opportunities available to them as public companies.Sysco availed...

Matthews Named Progressive Group President Ahead of Jochim's Retirement

By Restaurant Business Staff on Jul. 11, 2005

Matthews joined the Performance Food Group in 1999 as the director of internal audit. He moved to Progressive Group Alliance (at the time Pocahontas Foods...

Financing

Credit card borrowing

By Restaurant Business Staff on Mar. 12, 2007

Need some quick cash for the business? After years of taking a back seat to home equity loans, plastic may be set for a comeback.

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