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casual_dining

Leadership

P.F. Chang's names a new CEO for the second time this year

 By Joe Guszkowski on Nov. 11, 2025

Restaurant veteran Jim Mazany will step into the top role at the Asian casual-dining chain, replacing Brad Hill, who was promoted in April.

Financing

Beef costs put pressure on Texas Roadhouse

 By Joe Guszkowski on Nov. 07, 2025

Sales and traffic continue to rise for the steak chain, but an unexpected rise in beef prices took a bite out of its bottom line. They’re expected to remain elevated for the foreseeable future.

Financing

Outback Steakhouse parent to invest $75M in return to steakhouse roots

By Joe Guszkowski on Nov. 06, 2025

Bloomin’ Brands plans to improve steak quality, service and atmosphere at the struggling casual-dining chain. It’s also closing more locations.

Financing

Applebee's and IHOP plan to open a lot more co-branded locations

By Joe Guszkowski on Nov. 05, 2025

The full-service siblings expect to finish next year with up to 80 hybrid locations, and believe there is room for up to 900 nationwide over the next decade.

Financing

TGI Fridays management company acquires brand's U.K. division

By Joe Guszkowski on Nov. 03, 2025

CEO Ray Blanchette’s Sugarloaf Management bought the casual-dining chain’s 49 U.K. locations amid a strong international growth push for the brand.

Financing

Bankrupt Hooters kicks off comeback under new owners

By Joe Guszkowski on Nov. 03, 2025

A pair of franchisees, including the breastaurant chain’s original founders, have acquired what was left of Hooters of America with plans to “re-Hooterize” the brand with menu upgrades and more modest uniforms.

Financing

BJ's Restaurants stock soars as Pizookie Meal Deal delivers again

By Joe Guszkowski on Oct. 31, 2025

The $13.99 value meal is driving repeat business for the casual-dining chain, which is gaining momentum despite a difficult economic environment.

Financing

More closures hit Outback Steakhouse

By Joe Guszkowski on Oct. 30, 2025

The casual-dining chain closed eight locations across the country amid an ongoing turnaround effort. It previously closed dozens of restaurants last year.

Financing

HopCat acquired by private equity firm Uncommon Equity

By Joe Guszkowski on Oct. 29, 2025

Uncommon Equity plans to continue growing the 12-unit, Michigan-based gastropub chain as it continues its rebound from the pandemic.

Financing

The Cheesecake Factory feels effects of government shutdown

By Joe Guszkowski on Oct. 29, 2025

The casual-dining chain said the nearly monthlong shutdown is impacting traffic. It's betting new, low-priced menu items will help it weather the storm.

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