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Peter Romeo

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Peter Romeo

Page 6
Financing

Applebee’s hits a dip in its comeback

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

Financing

Cheesecake Factory to buy Fox Restaurants

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.

Employees of the Little Big Burger QSRs narrowly decided to remain independent.

The casual-dining chain is also close to completing the rollout of new back-of-house procedures.

A bankruptcy court has OK'd the sale of 24 restaurants to Williston Holding, the company headed by Marcus Jundt. 

Kurt Schnaubelt joins the diversified restaurant company from a consulting firm.

The process of evaluating a deal has been complicated by big data, the reliance on technology and the evolving role of founders, experts noted at Restaurant Directions.

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