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Casual Dining

Emerging Brands

Longtime Applebee's and Panera operator gives Jinya Ramen Bar a try

 By Peter Romeo on Jun. 06, 2023

Doherty Enterprises has signed on to bring the Asian concept to the Greater New York City area.

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.

Leadership

His title reads 'GM,' but O'Charley's Dwaine Stoneroad acts like he owns the place

By Peter Romeo on May 19, 2023

That’s just fine with the bosses of this GM of the Year winner. They laud the longtime chief’s innovation and refusal to be an also-ran.

Leadership

TGI Fridays CEO Ray Blanchette steps down

By Joe Guszkowski on May 18, 2023

He led the brand for five years. Rohit Manocha, chairman of Fridays’ biggest shareholder, will take over on an interim basis.

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

The Cheesecake Factory is launching a loyalty program

By Joe Guszkowski on May 10, 2023

Cheesecake Rewards members will get access to reservations and free birthday cheesecake. The program is expected to go nationwide in June.

Financing

Record traffic lifts Texas Roadhouse sales, but not profits

By Joe Guszkowski on May 04, 2023

Traffic rose 7.6% at the chain in the first quarter. But more guests spelled higher labor costs, which ate into margins.

Financing

Dine Brands says customer spending 'steady' as inflation drags on

By Joe Guszkowski on May 03, 2023

Value-hungry consumers continue to visit Applebee’s and IHOP. And executives said prices could start to ease soon.

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