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Carrabba's Italian Grill

Financing

Outback units reopen to 83% of pre-pandemic levels

The shift by off-premise customers to dine-in service was minimal, according to the chain’s parent.

Operations

With strong off-premise sales, Bloomin’ forgoes furloughs

None of the Outback parent’s 90,000 employees have been laid off because of the COVID-19 crisis. Comps are down 31%.

Candidates supported by Jana will stand election for two of Bloomin’ Brands 10 board seats.

He will continue to oversee the domestic operations of Outback. In another change, Liz Smith is stepping down as executive chairwoman.

Jana Partners said it intends to put up two candidates for Bloomin’ Brands eight-person board.

Bloomin' Brands said its stock price doesn’t reflect its performance and that it is exploring strategic alternatives, sending shares soaring.

Parent Bloomin’ Brands is partnering with DoorDash, an arrangement that will also add lunch delivery from Bonefish Grill.

Jana Partners is resuming its call for a strategic redirection two years after a truce was struck.

Shake Shack might’ve just played disruptor for everyone. And that’s not the only change remaking the fast-growth sector.

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

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