Peter Romeo

Editor at Large

Articles by
Peter Romeo

Page 206
Financing

Don’t know RCI Hospitality Holdings? Maybe you should

RCI is building an empire of gentlemen’s clubs and breastaurants. And the strategy is paying off.

Financing

Ruth’s Chris ends Michael O’Donnell’s reign with positive Q2

Comps for company units rose 1.3%, with beef costs dropping 10%.

With that form of gambling now legal across the United States, the casual chain is exploring possible partnerships with bookmakers as well as offering the amenity itself.

The Justice Department says the investigation into the use of revenue-shaving software is ongoing.

The sweep targeted restaurants and other businesses in Nebraska, Minnesota and Nevada that allegedly conspired to place and exploit undocumented recruits.

New TDn2K research suggests a number of things operators can do to slow turnover.

Jack in the Box was dead-on in figuring a suggestively worded ad campaign would stir controversy. The same sort of foresight might’ve helped an upstart chain from sounding racially insensitive. But the true recent nightmares were the actual ones reported by restaurant employees.

One of the chain’s largest operators posted deeper losses and a 6.4% drop in comps.

Not all the fights threatening trouble for restaurants are raging within the industry proper.

Operators’ reliance on gimmicky promos might not bring the long-term traffic gains they hope for.

Starbucks has vowed to cut unit-level administrative tasks in half, while Del Frisco’s is reducing its dependence on beef. And those aren’t the only ways restaurant operators are subtly improving their lot.

The criminal enterprise is believed to have swiped credit card information for 15 million consumers.

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