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Marketing

Chili's bets more TV ads will help traffic

 By Joe Guszkowski on Aug. 16, 2023

After a successful return to the airwaves earlier this year, the chain plans to invest up to $60 million in more commercials.

Leadership

Chuy's co-founder Mike Young dies at age 74

 By Peter Romeo on Aug. 15, 2023

An entrepreneur who said he relied on Jose Cuervo for his design ideas, the lifetime Austin restaurateur also opened several independents in his hometown.

Leadership

Texas Roadhouse CMO S. Chris Jacobsen resigns

By Joe Guszkowski on Aug. 04, 2023

He had been with the chain for 20 years. No reason was given for his departure, and a replacement was not named.

Financing

At The Cheesecake Factory, prices rise and traffic falls

By Joe Guszkowski on Aug. 03, 2023

Prices were up 10.5% in the second quarter, with additional hikes to come. The chain believes its customers can handle it.

Financing

Applebee's to close more restaurants than it expected this year

By Joe Guszkowski on Aug. 03, 2023

The chain said it will finish 2023 with 25 to 35 fewer U.S. locations after identifying more underperforming stores.

Financing

Applebee's and IHOP see a more cautious consumer

By Joe Guszkowski on Aug. 03, 2023

The Dine Brands concepts said guests are gravitating toward discounts and opting for pickup over delivery as prices continue to rise.

Financing

Restaurants keep adding service fees, even as customers say they don't like them

By Jonathan Maze on Aug. 02, 2023

After wages and other costs have taken off, operators have responded by adding extra charges to the bill. The move risks alienating consumers and attracting regulatory scrutiny. But operators say they don’t have a choice.

Financing

Tech and kitchen upgrades lift profits at Outback Steakhouse

By Joe Guszkowski on Aug. 01, 2023

Owner Bloomin’ Brands now plans to reinvest some of the earnings into boosting traffic, which fell 4% in the second quarter.

Leadership

P.F. Chang's CEO Damola Adamolekun steps down

By Joe Guszkowski on Jul. 31, 2023

He’s returning to Paulson & Co., the private-equity firm that owns the chain. P.F. Chang’s board member Rohit Manocha will take over on an interim basis.

Financing

BJ's gets a boost from new booths and brighter bars

By Joe Guszkowski on Jul. 28, 2023

The 216-unit chain said remodels are helping traffic, and that it now plans to do more of them.

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