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casual_dining

Financing

Ruth’s Chris optimistic, but remains at whim of COVID restrictions

 By Joe Guszkowski on Oct. 30, 2020

Same-store sales improved as the chain was able to reopen more dining rooms, but were still down 36% in the third quarter.

Financing

Texas Roadhouse leans in to off-premise as same-store sales turn positive

 By Joe Guszkowski on Oct. 28, 2020

The chain is investing in its to-go capabilities and will offer steaks for delivery via an online store.

Financing

Hammered by the pandemic, Studio Movie Grill declares bankruptcy

By Jonathan Maze on Oct. 26, 2020

As studios hold back on new releases and restrictions remain, the restaurant-theater chain hybrid started running out of cash.

Operations

Famous Dave's intends to ride ghost kitchens' evolution

By Peter Romeo on Oct. 15, 2020

The barbecue brand is aiming for 50 locations, with 25 coming from its recent deal with Johnny Carino's.

Financing

Bankruptcy caps a long and twisty history for Ruby Tuesday

By Peter Romeo on Oct. 09, 2020

A pioneer of casual dining, the concept has persevered through much in its nearly five decades.

Financing

Ruby Tuesday declares bankruptcy

By Jonathan Maze on Oct. 07, 2020

The struggling casual dining chain has shed 185 locations during the pandemic and is down to 250 locations.

Financing

Cracker Barrel defends its strategy, and pokes Sardar Biglari

By Jonathan Maze on Oct. 01, 2020

The company, in a proxy battle with its longtime activist, explains its decision to back away from Punch Bowl Social.

Food

At Whiskey Cake, a farm-to-kitchen scratch menu elevates casual dining

By Patricia Cobe on Sep. 30, 2020

Chef Aaron Staudenmaier shares how he aims to create “revved up” American dishes that set the chain’s menu apart and position it for growth.

Financing

Sizzler USA declares bankruptcy

By Jonathan Maze on Sep. 21, 2020

The company blamed coronavirus for the filing and said it needs to renegotiate leases and cut back on debt.

Workforce

Cheesecake Factory restores corporate pay, majority of suspended jobs

By Peter Romeo on Aug. 27, 2020

The moves underscore the polished-casual brand’s progress toward pre-pandemic performance levels.

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