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Financing

Sun Holdings buys 131 Applebee’s locations

 By Jonathan Maze on Nov. 05, 2021

It’s the second major deal for the Dallas-based franchisee, which is buying out one of the casual dining chain’s largest operators.

Marketing

Jack in the Box doesn’t think much of the ‘Moon Man’

 By Jonathan Maze on Nov. 05, 2021

The burger chain sued the cryptocurrency exchange FTX, saying that its character is a rip-off of its own Jack Box mascot.

Operations

Danny Meyer’s Union Square Events unveils its massive new headquarters in Brooklyn’s Industry City

By Patricia Cobe on Nov. 05, 2021

The 70,000-square-foot space houses a huge commissary, R&D kitchen, tasting rooms, a bistro-style dining area for “family meal," offices and more.

Financing

Sardar Biglari, after five proxy vote losses, is still pushing changes at Cracker Barrel

By Jonathan Maze on Nov. 05, 2021

The Bottom Line: The investor, who has been rebuffed repeatedly in his efforts to join the company’s board, is now tackling executive bonuses and wants more dividends.

Leadership

Torchy’s Tacos CEO GJ Hart is retiring

By Heather Lalley on Nov. 05, 2021

Hart, whose leave is effective immediately, will stay on as a consultant to the fast-casual taco chain. Founder Mike Rypka becomes interim CEO.

Marketing

How the viral song ‘Fancy Like’ rocked Applebee’s summer

By Joe Guszkowski on Nov. 05, 2021

The Walker Hayes hit about eating Bourbon Street Steak and Oreo Shakes generated lots of attention for the chain, as well as some of its most popular advertising ever.

Operations

Dickey's to open 100 ghost kitchens with Ghost Kitchen Brands

By Joe Guszkowski on Nov. 05, 2021

The barbecue chain will license its concept to the Toronto-based operator of to-go-only kitchens.

Financing

BurgerFi completes its $157M purchase of Anthony’s Coal Fired Pizza

By Heather Lalley on Nov. 04, 2021

The better burger chain said the acquisition is its first in a long-term plan of building a multi-brand restaurant platform.

Financing

Applebee's and IHOP are ready to open new restaurants again

By Joe Guszkowski on Nov. 04, 2021

Parent Dine Brands is winding down a process that led to hundreds of closures over the past several years, and sees fertile ground for growth coming out of the pandemic.

Workforce

Biden administration reveals details of federal vaccination requirement

By Peter Romeo on Nov. 04, 2021

Restaurants and other large employers have until Jan. 4 to get their workers vaccinated. Employees who refuse will have to wear masks at work starting Dec. 5. The government says it's already looking to expand the scope to include smaller enterprises.

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