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Casual Dining

Food

Pizza Hut marks the 25th anniversary of its iconic stuffed crust, celebrating both old and new global iterations

By Patricia Cobe on Oct. 06, 2021

The chain was the first to bring Stuffed Crust Pizza to consumers, with more than 40 variations launching in the years since. Innovation continues at R&D headquarters around the world.

Financing

Old Country Buffet did not die from the pandemic

 By Jonathan Maze on Oct. 06, 2021

Nor did it die from simply being a buffet brand. That and other concepts run by the bankrupt Fresh Acquisitions have been dying for years. The pandemic was the last nail in the coffin, says RB’s The Bottom Line.

Financing

Famous Dave’s parent wins the auction to buy buffet chains

By Jonathan Maze on Oct. 05, 2021

BBQ Holdings won the bidding for the bankrupt owner of the six-unit Tahoe Joe’s along with the assets of several buffet chains, including Old Country Bufffet.

Financing

J. Alexander's shareholders win after a long, weird process

By Jonathan Maze on Oct. 04, 2021

Shareholders ultimately got the better end of the deal, but it took years, a pandemic and some strange proposals to get there, says RB's The Bottom Line.

Financing

Fat Brands completes its $300M purchase of Twin Peaks

By Jonathan Maze on Oct. 01, 2021

The owner of Fatburger, Johnny Rockets and several other chains will have $1.8 billion in system sales as a result of the deal.

Operations

NY restaurant group intends to clear a way for onsite sports betting

By Peter Romeo on Sep. 29, 2021

The New York State Restaurant Association is working with a technology company to develop a model acceptable to all.

Operations

Self-driving car doesn't shield Pappas Restaurants from a liquor liability suit

By Peter Romeo on Sep. 28, 2021

The multi-concept operator is being sued for $21 million for allegedly over-serving a patron whose car was supposed to drive him home.

Leadership

Finding handcuffs, new CEO of Genghis Grill's parent aims to free his team

By Peter Romeo on Sep. 22, 2021

Jimmy John's vet Gregg Majewski intends to bulldoze what's been holding back the industry's largest collection of stir-fry concepts for decades.

Leadership

Dave & Buster’s CEO Brian Jenkins to retire

By Heather Lalley on Sep. 21, 2021

Jenkins, who helmed the eatertainment brand through the depths of the pandemic to a record-setting quarter, will stay on as an advisor with the chain until the end of November.

Financing

Old Country Buffet’s bankrupt parent is up for sale again

By Jonathan Maze on Sep. 21, 2021

Fresh Acquisitions, which filed for bankruptcy earlier this year, has a new potential buyer in Serene Investment Management after a judge killed a previous sale.

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