Joe Guszkowski

Senior Editor

Articles by
Joe Guszkowski

Page 4
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.

Operations

Buca di Beppo closes 13 underperforming restaurants

The Italian casual-dining chain said the locations struggled to recover from the pandemic and other market pressures.

The steak chain will still have 10 outlets in the key market, which has been slow to bounce back from the pandemic.

Blackbird Pay will allow restaurants to process payments for a flat 2% fee. Customers can use it to pay at their leisure and split the check.

The restaurant tech company has been unable to find a buyer for its debt, which could clear the way for lender Metropolitan Partners to seek strategic alternatives for Presto including a sale.

The steakhouse chain saw impressive growth on both the top and bottom line in the second quarter as it continued to defy industry trends.

The state’s Supreme Court ruled that Proposition 22 can stand, meaning workers for apps like DoorDash and Uber Eats will remain contractors rather than employees.

But customer concerns over portions did little to slow the burrito chain in Q2, when same-store sales soared by more than 11%.

The chicken and biscuit chain is expanding its voice bot, Bo-Linda, to hundreds of locations, calling the technology a “home run.”

Tech Check: All-in-one may be all the rage, but there’s value in being a one-trick pony.

No other buyers came forward for the seafood chain, putting the owner of Krystal, Logan's Roadhouse and other chains in line to acquire it for about $375 million.

Years of price hikes are driving consumers to grocery stores and even full-service restaurants, which are now viewed by some as a better deal.

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