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Amici Partners Group said it intends to keep all 130 surviving locations open.
The Brazilian steakhouse concept had a better year than you'd think and is looking to get back to expansion.
The struggling eatertainment chain has appointed a partner of investment group Hill Path Capital to its board.
Rick Cardenas will move up to president and COO of Darden Restaurants while Raj Vennam will become CFO.
He assumes the job from CEO Kent Taylor, who said the move will free him to focus on new business endeavors for the company.
The multi-brand operator said 10 of its 46 restaurants have closed their dining rooms.
What’s the field look like? Here’s a rundown of several well-fueled growth vehicles and where their development stands.
The company is aggressively developing brands around takeout, but it also insists that casual dining is not dead.
The casual chain says its debt load is $220 million lighter, with no repayments due near-term.
Fast-casual and to-go-only prototypes are under development, the Korean-chicken chain says.
These emerging chains are the growth vehicles to watch—the ones poised to be major industry players in the coming years.
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New restaurants and soon-to-open concepts worth monitoring
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Peter Romeo highlights the moments restaurateurs miss at their own peril
Ideas from the field you may want to borrow