Red Robin

Financing

Red Robin sells 10 restaurants for $24M in sale-leaseback deal

It’s the third such deal over the past year for the chain, which will use the proceeds to pay down debt.

Marketing

Searching for traffic, Red Robin plans to tout free refills

The chain has earmarked $3 million to remind customers of the more than 30 bottomless options on its menu.

The NRA Educational Foundation has also announced its leaders for the coming year.

The move will help offset some of the $8 million per quarter the chain is spending on better food and staffing.

Price-conscious guests and the loss of MrBeast Burger took a bite out of delivery sales. But the chain is more focused on the dining room, anyway.

The chain is turning its focus inward as part of a turnaround effort, said CEO GJ Hart. It's one of MrBeast Burger's largest fulfillment partners.

The chain is completely overhauling its signature item in an effort to make good on the “Gourmet” in its name.

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.

Just 2% of guests now report waiting more than 15 minutes for a table, an 8-point improvement from a year ago.

New CMO Kevin Mayer comes from BJ’s, while Chief Business Development Officer Jason Rusk has spent 25 years at Red Robin. The chain also hired an interim chief people officer.

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