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Joe Guszkowski

Senior Editor

Articles by
Joe Guszkowski

Page 3
Financing

TGI Fridays' acquisition by Hostmore is suddenly in question

U.K.-based Hostmore said this week that the deal has been delayed as the two sides work to sell their corporate TGI Fridays and go fully franchised.

Financing

Applebee's says it's losing lower-income diners to grocery stores

The casual-dining chain plans to be even more aggressive on value as inflation catches up with consumers. But it lowered its outlook for the rest of the year.

Technology

AI supplier Presto to be delisted from Nasdaq

The tech company’s shares have been trading under $1 for most of the past year, putting it out of step with Nasdaq rules.

Financing

Here's why Buca di Beppo filed for bankruptcy

The Italian casual-dining chain blamed the pandemic and its aftermath for creating an impossible operating environment.

Financing

Outback Steakhouse turns to value as traffic falls

The casual-dining steak chain is hoping a $14.99 three-course meal will pull in choosy consumers, and it is planning more value offers this year.

Financing

Buca di Beppo files for Chapter 11 bankruptcy

The Italian casual-dining chain is restructuring after closing about 20% of its locations last week.

Financing

Fat Brands sees a buyer's market for restaurant M&A

Earnings roundup: BJ’s is upping its marketing spend, Bad Daddy’s smash burgers are a hit, and El Pollo Loco guests are trading up and down.

Technology

Is third-party delivery inflation-proof?

Tech Check: DoorDash posted another record quarter despite widespread consumer concerns about prices. Here’s why delivery is defying the odds.

Technology

Chili's reunites with Ziosk as its tabletop payment supplier

The casual-dining chain was one of the tech company’s first customers and is reigniting the relationship after a four-year interlude.

Financing

The Cheesecake Factory sees no change from consumers

Traffic has remained steady for the casual-dining chain, despite a tough environment for full-service restaurants.

Financing

In a small Illinois city, Red Lobster leaves a big void

The shuttered seafood restaurant had been a mainstay in Danville, which is working to overcome past economic challenges.

Financing

Owner of Logan's Roadhouse acquires 2 Jose Garces concepts

Amada and Village Whiskey will join SPB Hospitality’s portfolio of more than a dozen brands. The group will also partner with Garces to develop new concepts.

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