casual_dining

Robert Earl group agrees to buy 45 restaurants from Bravo and Brio's parent in $29M deal

By Peter Romeo on May 28, 2020

The operator of Planet Hollywood and Buca di Beppo is paying just $50,000 in cash for FoodFirst Global Restaurants.

Buffalo Wild Wings turns a spotlight on Applebee's new virtual restaurant

May 28, 2020

The casual-dining brand known for its wings is portraying its rival's venture as a ruse to fool consumers into thinking they're ordering from a local joint.

Financing

Ruth’s Chris to return its PPP loans as feds update the rules

By Jonathan Maze on Apr. 23, 2020

New federal guidance could require big, publicly traded companies to return their Paycheck Protection Program funds.

Operations

Shakeout and takeout usher in new realities for full-service chains

By Peter Romeo on Apr. 20, 2020

The crisis has been a catalyst for righting supply and demand while also proving QSRs don’t have a hammerlock on off-premise.

Operations

Hundreds of IHOP, Applebee’s units have closed, parent Dine Brands Global indicates

By Peter Romeo on Apr. 17, 2020

The company said it is furloughing corporate employees but did not reveal how many.

Financing

Needing cash, Dave & Buster’s plans to sell shares

By Jonathan Maze on Apr. 14, 2020

The food and games chain has a deal with Jefferies to sell up to $75 million in stock to strengthen a balance sheet damaged by the coronavirus shutdown.

Operations