A milder winter appears to have heated up restaurants, too.
The Castle Restaurant, located on Main Street (Rt.
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.
TGI Fridays’ $380 million sale to Allegro Merger Corp. broke rank from recent history.
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.
American Blue Ribbon Holdings shuttered 33 locations and filed for Chapter 11 bankruptcy protection Monday, the company announced.
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?
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