finance

Leadership

Chris Morris resigns as CEO of Dave & Buster's

The eatertainment company acknowledged that it'd been searching for a replacement for months. Chairman Kevin Sheehan is serving in the top job until a permanent successor is hired.

Financing

Former TGI Fridays' CEO makes an offer for bankrupt restaurants

Ray Blanchette’s Sugarloaf Concessions bid $30.5 million for nine locations of the casual-dining concept, including its high-volume outlets at DFW Airport.

The family-dining chain posted a same-store restaurant sales increase of 2.9% for the first quarter, but retail sales continued to slip.

JCP Investment Management and Jumana Capital Partners are investing $8.3 million to help the casual-dining burger chain pay down debt. They are also getting two seats on the board.

A Deeper Dive: Once beloved brands Ground Round, Souplantation and Sweet Tomatoes and Steak & Ale are all making a comeback. We examine why now is the time for these restaurant chains to be taking this step.

The dissident investor failed to get himself and an ally onto the family-dining chain's board, giving management's strategic plan a bright green light.

The announcement did not reveal how many units of the family-dining brand are still in operation, or how many members of its management team participated in the deal.

Two employees said they were let go without proper notice when their restaurants closed last month ahead of the casual-dining chain’s bankruptcy filing.

What’s happening in California, the impact of Ozempic, a look at some franchisee valuations, Greg Flynn’s thoughts on franchise disclosure documents and how close chains are to being Ruby Tuesday’s.

The family-dining chain released preliminary figures showing a 2.9% gain in unit sales. The info was released the day after Biglari warned fellow shareholders that a $700 million turnaround plan will fail.

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