Outback Steakhouse

Leadership

Bloomin' Brands CEO Dave Deno is retiring

Deno has spent 12 years with the Outback Steakhouse owner including the past five as CEO. The company's board is searching for his replacement.

Financing

Outback Steakhouse parent considers selling its restaurants in Brazil

Refranchising is also on the table for Bloomin' Brands' nearly 200 locations in the country, where Outback is very popular.

The longtime Bloomin’ official was most recently the company’s head of global business development. He replaces Chris Meyer, who is retiring.

The owner of Outback Steakhouse is pruning older, struggling stores in favor of new ones that generate better returns.

The former Darden Restaurants operations specialist will serve on Bloomin' Brands board and lead an "Operating Committee" to revive the casual-dining giant.

Becky Boyd, Director of Menu Innovation & Strategy for parent company Bloomin’ Brands, talks about how she and her team are firing up R&D activity.

The holiday lineup is all about indulgence on the food side, but beverage innovation shares equal status with culinary when it comes to menu promotions.

The chain saw a marked slowdown after Labor Day and is planning to ease up on price increases to give consumers a break.

The Bottom Line: Those hoping for a detailed deck similar to the activist investor’s famous presentation on Darden likely came away wanting.

The activist investor wants to improve operations at Outback Steakhouse, put the fun back into its marketing and highlight its growing Brazil business.

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