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The decision follows an unprofitable quarter when traffic continued to slide.
Friendly’s, Red Robin plan more closings of underperforming units.
The Brinker International holding is inviting mom, dad and the kids to literally get on the bus for stress-free dinners.
Parent Bloomin’ Brands is partnering with DoorDash, an arrangement that will also add lunch delivery from Bonefish Grill.
Vintage Capital contends in a public letter that negotiations would have brought a higher offer, but Red Robin wasn’t willing. It also alleges that the incoming CEO is getting too rich of a deal.
Consumers rank their top 10 favorites from a field of hundreds.
Management is focusing on higher-priced menu options to help margins while aiming to please value-hunters with improved operations.
As part of the board realignment, Pattye Moore will retire as chairman once a new CEO is found.
Vintage Capital noted in its nonbinding bid that it is meeting with Red Robin’s leaders and hopes to keep the conversation “constructive.”
RB’s The Bottom Line compares proposals for the two casual-dining operators to previous restaurant chain transactions.
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