It bought into the segment last year with a minority investment in Fox Restaurant Concepts’ Flower Child fast casual. But Cheesecake is rumored to be developing its own concept.
Legislation introduced this morning would also prohibit the services from charging for calls that don’t result in a sale, and require that the commission portion of a delivery sale be revealed to consumers.
Vintage Capital is commencing a proxy fight to land four seats on the restaurant company’s board. It alleges that current directors haven’t been forthcoming about acquisition offers.
