casual_dining

Financing

Outback Steakhouse owner puts its hopes into Tender Shack

Bloomin’ Brands is taking its chicken-focused virtual brand national and hopes the concept can help it keep newfound takeout sales.

Financing

CrowdOut Capital makes a $32M bid for Punch Bowl Social

The lender, which has controlled the eatertainment chain since last year, was named the stalking horse bidder for the chain, but other potential buyers are lurking.

The company and its lender have made peace and the company is attracting interest from potential buyers.

Single-meal and big-group orders lost share of spend to tabs in the $20-$80 range.

The owner of Landry’s and Golden Nugget, which built a $6.7 billion business through a series of acquisitions, now hopes a public offering will yield even more growth.

Eyeing a multichannel future, Outback’s parent is expanding a virtual chicken brand and taking Aussie Grill virtual as well.

Amici Partners Group said it intends to keep all 130 surviving locations open.

The Brazilian steakhouse concept had a better year than you'd think and is looking to get back to expansion.

The struggling eatertainment chain has appointed a partner of investment group Hill Path Capital to its board.

Rick Cardenas will move up to president and COO of Darden Restaurants while Raj Vennam will become CFO.

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