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Peter Romeo

Editor at Large

Articles by
Peter Romeo

Page 3
Financing

Earnings roundup: Red Robin, Cracker Barrel, J. Alexander’s, Chuy’s, Marriott

Here’s a snapshot of how those operations fared during Q3, along with a look at how they intend to improve their performance.

Operations

Never mind WWII. Here are the wars that really made Friendly’s

The 85-year-old family chain is getting its fifth owner. Here’s the saga of what happened under the prior four.

Financing

Bankrupt Applebee’s franchisee moves to dismiss its Chapter 11

The debt that triggered the bankruptcy filing has been acquired by a restaurant company affiliated with the franchisee’s president, eliminating the need for protection, the creditor said in a court filing.

Emerging Brands

P.F. Chang’s bets big on its To Go format

With more than 15 locations planned for 2021, the polished casual brand intends to challenge mom-and-pop joints.

Workforce

Florida voters approve a $15 minimum wage

California voters also approved a measure allowing delivery drivers to continue to be classified as independent contractors.

Leadership

Restaurateurs as politicians: A small party to be seated

Few veterans of the business will find themselves with a job in the federal government post-election, regardless of how the voting goes. Here are the few exceptions.

Operations

5 questions that were answered for restaurateurs this week

Confusion still abounds industry, but at least operators had these mysteries resolved.

Operations

A restaurateur’s guide to the election

Figuring out the presidential candidates’ potential impact on the industry may be tougher this year, pundits agree. But here are the indications that are known.

Financing

Cheesecake holds onto 90% of to-go business as dine-in service resumes

Overall unit sales have climbed to within 7% of year-ago levels, the polished chain says. Meanwhile, it's about to experiment with virtual concepts.

Financing

Applebee's prepares for the launch of its virtual chicken concept

Neighborhood Wings by Applebee's is currently being tested in 700 locations, with a rollout expected in the first quarter of 2021.

Financing

IHOP and Applebee's will permanently close more restaurants

"Less than 100" IHOP locations are expected to close in the next six months, along with 15 units of sister chain Applebee's.

Financing

Denny's anti-COVID medicine: Resuming 24-hour service

The family chain is providing incentives for franchisees to extend their hours.

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