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casual_dining

Financing

Former Famous Dave's CEO to acquire closed Iron Hill locations

 By Joe Guszkowski on Nov. 18, 2025

Jeff Crivello will take over 12 of the shuttered brewpubs in a $12 million credit bid. He plans to reopen 10 of them, some under different names, reports said.

Financing

Twin Peaks to acquire 8 franchised locations in Florida for $47M

 By Joe Guszkowski on Nov. 17, 2025

The restaurants owned by DMD Ventures include some of the best-performing of the breastaurant chain’s 114 stores.

Food

Applebee's focus on menu innovation is paying off

By Joe Guszkowski on Nov. 14, 2025

A drumbeat of new menu items has helped the casual-dining chain return to sales and traffic growth. See how it comes up with new dishes.

Financing

Value and catering drive traffic gains for Red Robin

By Joe Guszkowski on Nov. 11, 2025

The casual-dining chain’s $9.99 Big Yummm meal continues to draw in price-conscious customers, though sales and traffic were still lower than last year.

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

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

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.

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