Brio Tuscan Grille

Financing

Brio and Bravo get strategic investment from R&R Brands

R&R, the new restaurant group led by Scott Taylor, will look to revitalize the two Italian casual-dining chains as they work through their second bankruptcy.

Financing

Bravo Brio Restaurants declares bankruptcy again

The owner of Bravo Cucina Italiana and Brio Tuscan Grille filed its second Chapter 11 bankruptcy in five years.

The former Ruth’s Chris CEO will take the helm at the casual-dining Italian chains, his first permanent restaurant executive role since 2008.

The former Shake Shack COO will oversee stepped up expansion of the restaurant/retail hybrid.

Not coincidentally, his new virtual venture may add to his success, too.

The operator of Planet Hollywood and Buca di Beppo is paying just $50,000 in cash for FoodFirst Global Restaurants.

The crisis has been a catalyst for righting supply and demand while also proving QSRs don’t have a hammerlock on off-premise.

Additional closings and a sale of the company could follow, according to court documents.

Blum also resigned his post as chairman, but remains a co-owner of the polished-casual chains.

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