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casual dining

Financing

Kona Grill’s quick fall from grace

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

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.

Leadership

Marcus Jundt named sole CEO of Kona Grill

By Jonathan Maze on Jan. 10, 2019

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

Leadership

Seenu Kasturi named CEO of Arc Group

By Jonathan Maze on Jan. 09, 2019

Richard Akam will remain as COO of the owner of Dick’s Wings and Tilted Kilt.

Financing

J.H. Whitney Capital buys Firebirds Wood Fired Grill

By Jonathan Maze on Jan. 08, 2019

The 48-unit polished-casual chain has been on a steady growth path.

Leadership

Josh Kern named CraftWorks Chief Experience Officer

By Jonathan Maze on Dec. 17, 2018

Kern will focus on efforts to improve customer service and marketing for the owner of Logan's Roadhouse.

Financing

Scotty’s Brewhouse files for bankruptcy

By Jonathan Maze on Dec. 13, 2018

The company plans to close four underperforming locations.

Financing

How Greg Flynn kept the faith through Applebee’s struggles

By Jonathan Maze on Dec. 12, 2018

In this week’s episode of RB's podcast, "A Deeper Dive," the prominent franchisee also discusses his recent purchase of 368 Arby’s restaurants.

Financing

Sardar Biglari quietly sells some Cracker Barrel stock

By Jonathan Maze on Dec. 11, 2018

The sale is the Steak ‘n Shake owner is quietly reducing his holdings, which is big for both him and Cracker Barrell, says RB’s The Bottom Line.

Financing

Bar and grill chains are still struggling

By Jonathan Maze on Dec. 03, 2018

Despite improvement at Applebee’s and BJ’s, demand at varied menu chains remains weak, says RB’s The Bottom Line.