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Consumer Trends

Last COVID wave brought a shift in full-service checks, Black Box finds

 By Peter Romeo on Feb. 12, 2021

Single-meal and big-group orders lost share of spend to tabs in the $20-$80 range.

Financing

Tilman Fertitta hopes going public will launch more deals

 By Jonathan Maze on Feb. 02, 2021

The owner of Landry’s and Golden Nugget, which built a $6.7 billion business through a series of acquisitions, now hopes a public offering will yield even more growth.

Technology

Bloomin’ Brands wants to out-ghost kitchen ghost kitchens

By Joe Guszkowski on Jan. 29, 2021

Eyeing a multichannel future, Outback’s parent is expanding a virtual chicken brand and taking Aussie Grill virtual as well.

Financing

Group including Red Mango's parent closes on Friendly's acquisition

By Peter Romeo on Jan. 19, 2021

Amici Partners Group said it intends to keep all 130 surviving locations open.

Financing

Fogo de Chao gets back in the growth game

By Jonathan Maze on Jan. 13, 2021

The Brazilian steakhouse concept had a better year than you'd think and is looking to get back to expansion.

Financing

Dave & Buster’s enters into cooperation agreement with activist

By Heather Lalley on Jan. 04, 2021

The struggling eatertainment chain has appointed a partner of investment group Hill Path Capital to its board.

Leadership

Olive Garden's parent names CEO Gene Lee chairman

By Peter Romeo on Dec. 18, 2020

Rick Cardenas will move up to president and COO of Darden Restaurants while Raj Vennam will become CFO.

Leadership

Texas Roadhouse names Jerry Morgan president

By Peter Romeo on Dec. 17, 2020

He assumes the job from CEO Kent Taylor, who said the move will free him to focus on new business endeavors for the company.

Financing

J. Alexander’s says sales have plunged from new service limits

By Peter Romeo on Dec. 15, 2020

The multi-brand operator said 10 of its 46 restaurants have closed their dining rooms.

Operations

With expansion a priority again, full-service brands rev up their fast-casual ventures

By Peter Romeo on Dec. 11, 2020

What’s the field look like? Here’s a rundown of several well-fueled growth vehicles and where their development stands.

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