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TGI Fridays

Financing

TGI Fridays’ $380M deal is called off

Allegro Merger Corp., citing “extraordinary” conditions, opted not to merge with the bar and grill chain.

The company believes buying up franchisee restaurants will improve performance, but there are steep risks, says RB’s The Bottom Line.

The three dozen chains participating in the ICR Conference provided plenty of aha moments. Here’s a sampling of the surprising tidbits that were aired.

Or at least that was a major theme at the ICR Conference, where three dozen chains aired their strategies and financial results.

Technomic’s look into global menu innovation reveals some surprises.

Get Top 500 data: sales, units and YOY change, average unit volume, and company/franchise units, as well as Technomic’s analysis, growth forecast and more.

Chip Wade, a longtime ops specialist for Darden Restaurants, will take the job next month.

With more than 1,000 executives in attendance, some surprising trends could be gleaned from the presentations and casual conversations. Here are four that might have turned a keen listener’s head.

Limited-time offers that stand out from the crowd can appeal to consumers.

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