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casual_dining

Operations

Red Robin's turnaround begins with juicier burgers

 By Joe Guszkowski on Jul. 11, 2023

The chain is completely overhauling its signature item in an effort to make good on the “Gourmet” in its name.

Consumer Trends

Consumers see full-service chains offering greater value today, even with inflation

 By Peter Romeo on Jun. 27, 2023

A new American Consumer Satisfaction Index survey shows the public perceives the sector as offering better quality for the money.

Leadership

Someone forgot to tell Gene Lee this business is for losers

By Peter Romeo on Jun. 23, 2023

Reality Check: The retiring Darden Restaurants chairman blazed a career that should shush assertions the restaurant industry will take you nowhere.

Financing

Olive Garden's parent is preparing for a slowing economy

By Joe Guszkowski on Jun. 22, 2023

Stagnant spending will keep a lid on growth at Darden Restaurants over the next 12 months, but it still expects to outpace the industry.

Leadership

Gene Lee is retiring as Darden chairman

By Jonathan Maze on Jun. 22, 2023

The former CEO of the owner of Olive Garden and LongHorn Steakhouse will step down after the company’s annual meeting, set for September.

Financing

The biggest traditional casual dining chains in the U.S.

Jun. 20, 2023

These are the biggest varied menu casual dining chains in the country based on 2022 sales, according to the Technomic Top 500 Chain Restaurant Report.

Food

Why Chili's is changing its chicken tenders and margaritas

By Joe Guszkowski on Jun. 09, 2023

The brand is reformulating some of its most popular menu categories as it looks to boost sales and get back on consumers' radars.

Financing

Fat Brands plans to take Twin Peaks public

By Jonathan Maze on Jun. 06, 2023

The brand collector plans to offer shares of the casual-dining chain to the public but will remain its majority owner.

Financing

Cracker Barrel says it's not alone in seeing a 'meaningful' traffic drop-off

By Peter Romeo on Jun. 06, 2023

The chain told financial analysts that economic uncertainty is dampening traffic across the full-service sector, and it isn't certain when the downturn will end.

Financing

Red Robin sells 9 stores for $29M in sale-leaseback deal

By Joe Guszkowski on Jun. 05, 2023

The chain will use the proceeds to repay debt, fund capital projects and buy back stock. It hopes to do the same with other restaurants.

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