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Family Dining

Financing

Cracker Barrel defends its strategy, and pokes Sardar Biglari

 By Jonathan Maze on Oct. 01, 2020

The company, in a proxy battle with its longtime activist, explains its decision to back away from Punch Bowl Social.

Food

IHOP hopes to snag p.m. customers with happy hour specials

 By Patricia Cobe on Sep. 28, 2020

The chain’s new IHOPPY Hour features a value menu from 2 p.m. to 10 p.m. every day.

Technology

Curbside service shifts into the fast lane

By Peter Romeo on Sep. 22, 2020

Delivery was supposed to be the big gainer of the pandemic. But operators have discovered that an old service coupled with new technology is what they’re seeing as a greater sales opportunity.

Financing

Chris Pappas weighs making a bid for Luby's

By Peter Romeo on Sep. 21, 2020

Securities documents show that no offer has yet been made, but due diligence is underway.

Financing

Sardar Biglari takes credit for Cracker Barrel’s improvement

By Jonathan Maze on Sep. 15, 2020

RB’s The Bottom Line looks at the investor’s latest claim as he ramps up a proxy campaign against the family dining chain.

Leadership

Cracker Barrel rebuffs Sardar Biglari with a board appointment

By Peter Romeo on Sep. 15, 2020

Management also reported that sales have rebounded to within 28.2% of pre-pandemic levels.

Financing

K&W Cafeteria files for bankruptcy

By Jonathan Maze on Sep. 10, 2020

The North Carolina chain has closed nine of its locations during the pandemic and is looking for a buyer.

Financing

Will the fourth time be the charm for Sardar Biglari?

By Jonathan Maze on Aug. 25, 2020

RB’s The Bottom Line looks at the Steak ‘n Shake owner’s fourth attempt for a seat on the Cracker Barrel board.

Leadership

Sardar Biglari tries again to control a seat on Cracker Barrel’s board

By Peter Romeo on Aug. 21, 2020

The owner of Steak 'n Shake has started his fourth proxy fight against the company, having nominated Raymond Barbrick, co-CEO of franchise operator The Briad Group.

Operations

Labor issues pose a different sort of capacity limit for Denny's

By Peter Romeo on Jul. 29, 2020

The diner chain is being stymied by difficulties in finding workers for off-hour shifts.

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