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The cash tender offer represents a 14% premium over J. Alexander's stock price.
The multi-brand operator said 10 of its 46 restaurants have closed their dining rooms.
Here’s a snapshot of how those operations fared during Q3, along with a look at how they intend to improve their performance.
Sales have recovered to more than 90% of pre-COVID levels. Management says August was the turning point.
Smaller-cap operators have found the pandemic to be a mixed challenge.
The polished casual dining chain is testing the service, potentially ending a long-held prohibition.
At a time of free-falling traffic for the industry, the smaller casual brands relied largely on pricing to improve results.
Diversification into new concepts is sweeping through casual dining in particular. Here’s a rundown of who’s trying what.
The polished-casual operator intends to stay in the high end of the casual market with a new steak and seafood venture.
The polished-casual chain said it is also open to a significant “strategic” equity investment.
See the full ranking of the Top 100 concepts, which account for more than $1.8 billion in annual revenue, and learn how they are putting hospitality first.
Peter Romeo highlights the moments restaurateurs miss at their own peril
As restaurants begin to reemerge, one year since it all began, Restaurant Business takes stock of the massive changes the virus has brought.