Warm Weather Gives Restaurant Sales a Boost
A milder winter appears to have heated up restaurants, too.
Finance
Massachusetts Landmark The Castle Restaurant Goes Up for Sale
The Castle Restaurant, located on Main Street (Rt.
Activist Seeks More Seats on Bloomin’s Board
Activist investor Jana Partners announced Monday in a filing that it will nominate two people to the Bloomin’ Brands eight-member board of directors, and a third, if it’s an option.
Chili’s Leverages Table Tech to Boost Loyalty Program
An updated system allows for easier customer engagement and activation.
Is a TGI Fridays Comeback in the Cards?
TGI Fridays’ $380 million sale to Allegro Merger Corp. broke rank from recent history.
Romano’s Macaroni Grill Could Buy Another Brand
Dividend Restaurant Group—the owner of Macaroni Grill and Sullivan’s Steakhouse—could add another brand to its ranks before the end of 2020’s first quarter.
Village Inn Owner Declares Bankruptcy
American Blue Ribbon Holdings shuttered 33 locations and filed for Chapter 11 bankruptcy protection Monday, the company announced.
Restaurant Sales Plummet Down the Stretch in 2019
The headline is a troubling one: December’s same-store sales growth of negative 2.1 percent was the worst result for the restaurant industry in more than two years. Was it surprising, though?
Granite City Files for Bankruptcy to Facilitate Sale
After “an intensive review of strategic alternatives,” Granite City Food & Brewery Ltd., the parent company of its eponymous concept and sister brand, Cadillac Ranch All American Bar & Gril
