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casual_dining

Financing

Advisory firm hands J. Alexander’s activist a big win

 By Jonathan Maze on Jun. 10, 2019

Institutional Shareholder Services told the company’s investors to withhold votes from two directors.

Financing

Struggling Red Robin swallows a poison pill

 By Jonathan Maze on Jun. 05, 2019

The casual-dining chain is girding itself for a battle with activist investor Vintage Capital, says RB’s The Bottom Line.

Financing

J. Alexander’s questions the seriousness of the Ancora offer

By Jonathan Maze on Jun. 04, 2019

The casual-dining company “doubts” that the acquisition proposal was “bona fide.”

Leadership

Jay Johns named IHOP president

By Jonathan Maze on Jun. 03, 2019

He will take over for Darren Rebelez, who is leaving “to pursue another opportunity.”

Financing

Why a big Applebee’s franchisee may ditch delivery

By Jonathan Maze on May 28, 2019

Greg Flynn says he’s received almost no pushback in a three-market no-delivery test, says RB’s The Bottom Line, arguing that the service should be margin-neutral.

Financing

Kona’s former CEO makes a bid to buy the company

By Jonathan Maze on May 16, 2019

A company operated by Marcus Jundt has a $27 million stalking horse bid to buy the struggling casual-dining chain.

Financing

Famous Dave’s buys back 10 franchise restaurants

By Jonathan Maze on May 13, 2019

The chain's to-go and catering business has surged, while dine-in business has fallen.

Financing

5 big lessons from the Kona Grill downfall

By Jonathan Maze on May 03, 2019

Restaurant operators can learn a lot from the decisions that led the chain to file for bankruptcy, says RB’s The Bottom Line.

Financing

Cheesecake Factory explores new expansion options

By Peter Romeo on May 02, 2019

The high-volume operation is trying a smaller version of its namesake brand while preparing its new fast-casual concept for growth.

Financing

Kona Grill files for bankruptcy protection

By Jonathan Maze on May 01, 2019

The company closed an additional 15 locations and is up for sale, blaming overly aggressive growth, cost cuts and a stock buyback for its poor finances.

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