casual_dining

Financing

For many casual chains, growth lies outside the dining room

Nearly every big full-service chain is embracing ghost kitchens, virtual brands and other off-premise channels. Even some historic holdouts have shown signs of cracking.

Financing

Applebee's franchisee SSCP buys 12 stores in Virginia

It acquired the restaurants from fellow operator Apple Investors Group, bringing its Applebee's count to 80.

The key staffers will get a three-week sabbatical every three years, part of a new benefits program at the gastropub chain.

The family-dining chain could be valued at up to $600 million, according to Bloomberg.

The stores will look to take advantage of a growing off-premise business at the casual-dining brand.

The casual-dining chain has emerged from bankruptcy with plans to get back to its fast-growing ways.

The 12-year veteran of Bonefish parent Bloomin' Brands will take the reins at the 185-unit seafood chain.

The family-dining chain is looking for new franchisees to open new restaurants that are built for more takeout.

The industry lifer has spent virtually his entire career with the company, rising from a 16-year-old Red Lobster employee to the top post.

Executives said the popular promotion had negative impacts—and it did just fine without it this year.

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