Darden CEO: COVID-19 Challenges 'Far from Over’
Darden has managed to keep 99 percent of its restaurants open during the COVID-19 crisis, but remarkable conditions have taken a heavy swipe at sales.
Chain Restaurants
Denny’s Execs Take Pay Cuts as Sales Fall Due to COVID-19
In an update, Denny’s said Tuesday that U.S. same-store sales fell 19 percent in March and that it’s implemented salary cuts and work-reduction furloughs to limit spending.
BJ’s Restaurants Lays Off 16,000, Opts Not to Pay Rent
BJ’s Restaurants announced in a filing Monday that it laid off about 16,000 hourly employees despite continuing to operate all 209 of its locations.
'Extraordinary' Conditions Sink TGI Fridays' $380M Sale
Due to the uncertainty of COVID-19, Allegro Merger Corp. and TGI Fridays mutually agreed to cancel their $380 million merger, according to an SEC filing.
Bennigan’s On The Fly Signs Deal to Open in Peoria
Even during a worldwide pandemic, Legendary Restaurant Brands is successfully moving forward with its franchise development, proving its growth has no intention of slowing down.
Carrabba’s Italian Grill Offering East Family Meals for $49.99
Enjoy an Easter Family Meal that serves 4 for only $49.99.
Uno’s Provides Free Pizza with Virtual Birthday Parties
UNO Pizzeria & Grill is providing complimentary pizza to more than 1,000 Boston area children during the months of April and May.
Metro Diner Selling Value-Priced Easter Meal Packs To-Go
Enjoy a stay-at-home Easter with all the trimmings with Metro Diner’s Easter Meal Packs featuring your choice of roasted turkey or baked ham paired with creamy mashed potatoes and gravy, steamed Fr ...
Activist Pushes Dine Brands to Spin Off IHOP
Dine Brands Global, parent of Applebee’s and IHOP, disclosed Thursday that it will vote on whether to spin off IHOP during its annual meeting of stockholders on May 12.
March Sales Drop 46 Percent at The Cheesecake Factory
Because of the COVID-19 pandemic, The Cheesecake Factory saw a 46-percent drop in same-store sales in March, but significant growth in off-premises business.
