As The Cheesecake Factory wrapped up its second quarter of fiscal 2019, it announced a multi-million dollar deal to acquire Fox Restaurant Concepts and the remaining interest of North Italia.
Be wary of “the drug of discounting.” That’s the message from Bloomin’ Brands chief executive officer David Deno.
Pushing through wage increases and rising operating costs, BJ’s Restaurants finished the second quarter with positive results yet again.
Diners are increasingly on the move and eating on the go, which means they’re thinking more and more about convenience and choosing restaurants that offer easy off-premises solutions.
We don’t need a room of experts to confirm opening a restaurant is daunting.
It isn’t a novel statement: Demand for delivery is shaking up the restaurant industry. Guests want the food they’d grab in-store, where they are, as fast as they can get it.
Some of the most successful brands in casual dining, namely Olive Garden and Texas Roadhouse, have emphatically resisted third-party delivery during its surge into the restaurant marketplace.