Restaurant Business Daily

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Financing

Wingstop’s Q4 same-store sales rise 6%

The company said it is working on pickup lockers and plans national ads in 2019.

Financing

Report says P.F. Chang’s to be sold to investment firms

TriArtisan Capital Partners and Paulson & Co. will buy the Asian casual-dining chain from Centerbridge, according to Bloomberg.

The chain also plans to work on sustainable beef, improve recycling efforts and use simpler ingredients.

Overly aggressive unit growth proved to be the company's undoing, says RB's The Bottom Line.

The company is reviewing its local media agency less than two years after consolidating its agencies under a single firm.

Same-store sales rose 2% in December, the best month in more than three years.

Steve Schussler, who had been co-CEO, resigned to focus on his existing restaurants.

Aging baby boomers hitting retirement age could be a major influence in weakening sales, says RB’s The Bottom Line.

The company changed its name to simply Pincho as it prepares for growth beyond Florida.

Funds from Tiger Global Management follows a $40 million round in 2016.

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