facebook pixal

Red Robin

Financing

Vintage Capital dumps much of its Red Robin stock

The activist investor, which once wanted to buy the chain at $40 per share, has taken a steep loss on the stock, says RB’s The Bottom Line.

Operations

Red Robin adjusts to a changed consumer

Research conducted by the chain revealed new guest preferences and concerns. Here's how the brand is responding to conditions cited by a number of chains as the new reality.

The casual chain's revised credit facility requires $25 million to be raised from equity, and management has aired doubts about doing it in time.

A tumultuous year for the burger chain included the retirement of CEO Denny Marie Post, who had been

The 35 shuttered units were mostly mall locations, the company said.

Vintage Capital is commencing a proxy fight to land four seats on the restaurant company’s board. It alleges that current directors haven’t been forthcoming about acquisition offers.

The co-branding effort figures large in the casual chain’s updated turnaround plan.

The chain’s chief operating officer was terminated without cause. Michael Buchmeier was named his interim replacement.

Viex Capital said it intends to amass shares and push for a new strategic plan from the casual chain.

A number of prominent restaurant industry executives decided in 2019 to kick back and savor their success. Here’s a sampling.

  • Page 1