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Comps were positive, and earnings were hurt by expected payments from a security breach.
The company believes a smaller format could expand growth potential by as much as 20%.
The franchisee, whose offer helped propel the chain to new heights, believes the $4.99 offer is too much.
But the company's business in high-growth China continues to flourish.
The rapidly growing chicken concept could be its biggest threat, says RB's The Bottom Line.
Shifting consumer demands have hammered the likes of Applebee's and Chili's, and their recovery is uncertain, says RB's The Bottom Line.
The sandwich chain has acquired 40 locations from a franchisee.
The Brazilian steakhouse chain was sold to the private-equity group over a proposed merger from another public company.
Restaurant Business partnered with research firm Technomic to compile a list of the top 25 fastest-growing fast-casual chain restaurants.
Rice might be the carb that most people associate with Asian cuisine, but noodles play an equally important role in the culinary culture.
These emerging chains are the growth vehicles to watch—the ones poised to be major industry players in the coming years.
Food trends and recipes to keep menus fresh
New restaurants and soon-to-open concepts worth monitoring
RB’s exclusive ranking of the highest-grossing independent restaurants
Peter Romeo highlights the moments restaurateurs miss at their own peril
Ideas from the field you may want to borrow