casual_dining

Financing

Why population trends may help, and hurt, restaurants

The Bottom Line: Darden CEO Rick Cardenas told investors this week that demographic trends are shifting in restaurants’ favor. But some demographic trends will be a headwind.

Financing

TGI Friday's closures continue the bar & grill sector's long decline

The Bottom Line: The chain has been struggling in the U.S. for years as domestic consumers shift spending away from traditional bar & grill chains.

The former Darden Restaurants operations specialist will serve on Bloomin' Brands board and lead an "Operating Committee" to revive the casual-dining giant.

Blanchette, a former CEO of the chain, will operate the stores as a franchisee. The price he paid was not disclosed.

The parent of Olive Garden and LongHorn said patrons of its hghest-ticket concepts did not indulge in alcohol during Q2 the way they did a year earlier.

At the Barclays Eat Sleep Play conference, Greg Levin said consumers remember prices from four years ago and have yet to adjust to the higher cost of dining out.

RB editors look at trends and topics that the industry should be thankful for, from casual dining’s survival to brunch.

The 671-unit steak chain has risen to the top in a punishing economy largely by breaking the rules.

Chains in search of new revenue streams might want to rethink how they’re using excess space in their restaurants.

After succumbing to bankruptcy in 2008, the casual-dining pioneer will open in Burnsville, Minn., next year.

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