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This upscale full-service segment is thriving while some in casual-dining sputter.
These chains grew sales enough to make it onto this year’s ranking.
Lawsuits between the chain and former Chief Executive Jim Kuhn paint a picture of a company that grew too fast, then cut too many costs to survive, says RB’s The Bottom Line.
The struggling casual-dining chain appointed a restructuring specialist as CEO and said a bankruptcy filing is possible.
The board of directors said that the $11.75-per-share proposal “dramatically undervalues the company.”
Large shareholder Ancora Advisors proposed paying $11.75 per share, saying the company would be better off private.
The struggling chain has shuttered a quarter of its locations since 2017.
Overreactions to profit challenges can sometimes cause more problems than they're worth, says RB’s The Bottom Line.
Board Chair Pattye Moore will serve as the interim CEO as the company looks for a successor
Earl Enterprises says the data security breach lasted 10 months.
These emerging chains are the growth vehicles to watch—the ones poised to be major industry players in the coming years.
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
Ideas from the field you may want to borrow