Peter Romeo

Editor at Large

Articles by
Peter Romeo

Page 118
Financing

Bankrupt Applebee’s franchisee moves to dismiss its Chapter 11

The debt that triggered the bankruptcy filing has been acquired by a restaurant company affiliated with the franchisee’s president, eliminating the need for protection, the creditor said in a court filing.

Emerging Brands

P.F. Chang’s bets big on its To Go format

With more than 15 locations planned for 2021, the polished casual brand intends to challenge mom-and-pop joints.

California voters also approved a measure allowing delivery drivers to continue to be classified as independent contractors.

Few veterans of the business will find themselves with a job in the federal government post-election, regardless of how the voting goes. Here are the few exceptions.

Confusion still abounds industry, but at least operators had these mysteries resolved.

Figuring out the presidential candidates’ potential impact on the industry may be tougher this year, pundits agree. But here are the indications that are known.

Overall unit sales have climbed to within 7% of year-ago levels, the polished chain says. Meanwhile, it's about to experiment with virtual concepts.

Neighborhood Wings by Applebee's is currently being tested in 700 locations, with a rollout expected in the first quarter of 2021.

"Less than 100" IHOP locations are expected to close in the next six months, along with 15 units of sister chain Applebee's.

The family chain is providing incentives for franchisees to extend their hours.

Ned Lidvall will remain CEO, according to the buyers, Congruent and Main Street.

With the suspension of dine-in service, much of the state is now limited to takeout and delivery again.

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