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Ruth's Chris

Leadership

Remembering Ruth's Chris founder Ruth Fertel

Restaurant Rewind: She could barely afford to open her first restaurant. Now the empire she founded through smarts and a refusal to be stopped is selling for $715 million. Here’s her story.

Financing

With Ruth's Chris deal, Darden doubles down on fine dining

The 154-unit steakhouse chain will more than double the company's fine-dining footprint. But it won't compete with Darden's other upscale concepts, executives said.

The deal adds another fine-dining concept to Darden's portfolio, which includes Olive Garden, LongHorn Steakhouse and The Capital Grille.

The steak chain's longtime Manhattan outpost has been hurt by the slow return of office workers.

In New York, one restaurant promotes ‘bargain’ pricing with a $99 porterhouse for two. Will we see more value positioning in high-end restaurants?

Earnings Roundup: Chuy's sales hurt by the Texas heat and Fat Brands looks for more acquisition targets.

Sales are up, but inflation and supply chain issues continue to cause stress for smaller, publicly traded restaurant chains.

The steakhouse chain is ramping up development with plans to open five to seven new locations a year.

Chipman, who joined the steakhouse chain in 2020, is also executive vice president and chief accounting officer. Ruth's also hired Robert Miles as VP of development.

Not even Jeopardy’s best might have nailed the surprising answer.

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