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ExWorks, one of the brand’s lenders, has taken over ownership and named Philip Kaplan CEO.
Arc Group bought the four-unit chain for $12.3 million, marking its second acquisition.
In a ho-hum quarter, some full-service chains stood out, says RB’s The Bottom Line.
The company says its same-store sales rose 9.4% in the second quarter, thanks in part to its focus on sports.
The company reported its second-straight profitable quarter.
One of the chain’s largest operators posted deeper losses and a 6.4% drop in comps.
Real Mex Restaurants files for debt protection and has a buyer willing to pay $47 million.
Differing approaches by BJ’s and Texas Roadhouse show there’s no single approach, says RB’s The Bottom Line.
A more local approach to marketing is taking hold at Bloomin’ Brands, while discounting takes a back seat.
The onetime CEO of Fired Up and COO of Brinker International spent his whole professional life in casual dining, starting at age 24 at the first Chili’s.
Up-and-coming restaurant chains and what’s propelling their growth
Food trends and recipes to keep menus fresh
New restaurants and soon-to-open concepts worth monitoring
RB’s exclusive ranking of the highest-grossing independent restaurants
Peter Romeo highlights the moments restaurateurs miss at their own peril
These 50 ideas go beyond what’s “cool” to deliver smart, trend-forward solutions that might just serve as an inspiration for others.