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finance

Outback parent to close 43 restaurants after posting loss

 By Peter Romeo on Feb. 17, 2017

Bloomin' Brands said Q4 domestic comps fort Outback and Carrabba's decreased 4.8% and 2.3%, respectively.

BK’s parent to buy Popeyes for $1.8B

 By Peter Romeo on Feb. 21, 2017

The chain will operate as an independent company with access to its global sister's resources, buyer Restaurant Brands International said.

What downturn? Domino’s posts 12.2% comp gain

By Peter Romeo on Mar. 01, 2017

The delivery specialist outperforms the industry by far in its Q4 results.

What’s wrong with Applebee’s?

By Peter Romeo on Mar. 03, 2017

Nearly everything, says interim CEO Richard Dahl.

Marketing

3 'Shark Tank' restaurant successes—and one that got away

By Patricia Cobe on Mar. 06, 2017

These entrepreneurs pitched their concepts on TV and won investment dollars.

For sale: Ruby Tuesday

By Peter Romeo on Mar. 14, 2017

After providing preliminary indications of another weak quarter, the venerable casual chain said it's seeking any and all strategic alternatives.

Checkers-Rally's sold for $525M

By Peter Romeo on Mar. 23, 2017

Oak Hill Capital is buying the chain in collaboration with management.

Financing

Franchisees flex a newfound might

By Peter Romeo on Mar. 27, 2017

With goading from investors, franchisees are becoming a force in brand parents' corporate dealings.

Darden buys another casual-dining growth brand

By Peter Romeo on Mar. 27, 2017

For $780 million in cash, the parent of Olive Garden and LongHorn Steakhouse will add a growth chain with familiar management.

Sonic registers a bad quarter

By Peter Romeo on Mar. 29, 2017

Same-store sales fell 7.4% systemwide, and revenues dropped 25% because of accelerated refranchising.

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