Peter Romeo

Editor at Large

Articles by
Peter Romeo

Page 173
Financing

Perkins & Marie Callender’s files for bankruptcy

The family chains’ parent company anticipates selling the holdings piecemeal.

Financing

Dinner-and-a-movie chain files for bankruptcy protection

IPic says it will seek a supervisory court’s approval of a sale or restructuring.

The pending purchase of Fox Restaurant Concepts wasn’t the only news announced yesterday by the polished-casual operator.

The partners say they’re creating a new model for developing and growing restaurant concepts. Here’s why they’re giving that new approach a try.

The chain-building pair have invested in Boqueria, which they’ll also serve as directors.

Same-store sales for Q2 slipped 0.5% because of a decline in dinner sales and a missed marketing opportunity, executives said.

Fox will operate as a subsidiary led by CEO Sam Fox, and North Italia will shift to Cheesecake.

The Bloomin’ Brands holding is also planning to roll out a new interior design with more space set aside for off-premise business.

Sales and pending deals will pare the franchisor’s holdings by 97 stores.

The purchase price of the 13-restaurant group was not disclosed.

The chain has been a habitual top performer in casual dining, a segment with far more downs than ups in recent years. What is it doing that competitors don’t?

The high-flying casual chain said its traffic growth will be fueled by to-go business.

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