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From date night dinners to family meals and sweets, restaurants innovate to lure customers.
With casual-dining chains struggling and few buyers to compete with, the Landry’s owner is on another buying binge, says RB’s The Bottom Line.
At least four units are expected to shut down before the brand is sold to Tilman Fertitta’s Landry’s Inc.
New information shows he’ll dig deep for something he wants. And he apparently wanted these badly.
The presence of growing operating companies will continue to put pressure on stand-alone chains to get larger, says RB’s The Bottom Line.
Rather than give the company long-term growth, it led investors to force a sale and the company’s ultimate breakup, says RB’s The Bottom Line.
The private equity firm has completed its purchase of the chain operator and is flipping the steakhouse concepts while keeping Barcelona and Bartaco.
Consumers gave high marks to these limited-time offers on chain menus.
Comp sales across its four brands rose 0.5%, led by a 5.5% increase for Bartaco. Traffic slipped at the company’s two steakhouse chains.
The private-equity firm is paying $8 per share in an all-cash deal valued at $650 million.
These emerging chains are the growth vehicles to watch—the ones poised to be major industry players in the coming years.
Food trends and recipes to keep menus fresh
New restaurants and soon-to-open concepts worth monitoring
RB’s exclusive ranking of the highest-grossing independent restaurants
Peter Romeo highlights the moments restaurateurs miss at their own peril
Ideas from the field you may want to borrow