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Coming off a major new menu change, the barbecue chain looks for new ways to boost revenue.
For Arc Group, which is on a buying spree, the deal was too good to pass up.
Traffic and check averages also declined.
This week’s episode of RB's podcast, "A Deeper Dive," explores whether chains such as Applebee’s and BJ’s can sustain their momentum.
But comps rebounded into positive territory last month, the operator says.
Arc Group, owner of Dick’s Wings, has been working to buy the chain for months.
Dave Pickens, a former president of Olive Garden, will also serve as COO.
The merger will create the latest multibrand restaurant company.
The 6.9% jump for Q3 was driven by higher checks and a 2.6% rise in traffic.
Z Capital completes the purchase of what was called Real Mex Restaurants out of bankruptcy court.
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