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The pizza chain's 4.2% U.S. same-store sales were the lowest in four years as store count accelerates.
The take-private deal comes less than three years after Fogo went public.
Le Duff America sells off other concepts as it plans to expand its parent company's legacy concept in the States.
Shifting consumer demands have hammered the likes of Applebee's and Chili's, and their recovery is uncertain, says RB's The Bottom Line.
But all other sectors showed sales growth last year, according to Technomic's Top 500 Chain Restaurant Advance Report.
The Bottom Line: Arby's and Buffalo Wild Wings want to buy more brands, and they have plenty of choices.
The chain is removing cheeseburgers from the meals as part of a bid to make them more nutritious.
The Bottom Line: The burrito chain has been trending toward normalization for some time now, and that's a good thing.
The rapidly growing chicken concept could be its biggest threat, says RB's The Bottom Line.
The Philippines-based foodservice company now owns a majority of the burger chain.
Paul Malazita was named interim CFO to replace Dexter Newman.
For all the hype behind delivered food, not everybody is convinced it’s inevitable.
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