casual_dining

Financing

Papa Murphy’s owner to acquire Famous Dave’s parent for $200M

MTY Food Group, which also owns Pinkberry and Cold Stone Creamery, among many others, will buy BBQ Holdings for $17.25 per share.

Operations

TGI Fridays to expand use of virtual brands

The casual-dining chain is deepening its partnership with C3, bringing more of its concepts to more restaurants.

The Outback Steakhouse parent is adding new technology and equipment to make restaurants more productive and will likely raise prices again to ease higher costs for just about everything.

The chain’s traffic fell slightly in the second quarter, which executives said is typical for summer. The decline came entirely on the to-go side of the business.

Regional spikes are having an impact on the chain’s top line. Meanwhile, it continues to battle higher costs for food and labor.

The application process has opened for 1,000 establishments, with the gaming scheduled to begin Jan. 1.

The operations expert joined the 22-unit sit-down chain in September.

The wing chain said the bot will make the kitchen more efficient, freeing up workers to wait tables.

Kur-B the KuraBot will deliver drinks and condiments while customers pick sushi from the brand’s signature conveyor belts.

The parent of Olive Garden and LongHorn Steakhouse said its ongoing effort to simplify operations lowered labor costs.

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