The data sent a clear message to Dave & Buster’s. While the eatertainment brand’s average customer visits less than twice a year, its food and beverage attachment rate is roughly 50 percent.
Amidst a chicken sandwich war, taking advantage of the last remaining days of summer vacation, and the want of having someone else do the cooking, consumers made more purchases at U.S.
Red Robin Gourmet Burgers issued the following statement on September 11 in response to a letter from Vintage Capital Management, LLC (“Vintage”) dated September 10, 2019:
Brinker International completed Thursday the acquisition of 116 Chili's Grill & Bar restaurants from its 14-year franchisee, ERJ Dining.
Bankrupt Kona Grill’s next chapter comes with a new owner. The One Group Hospitality— parent company of STK Steakhouse—agreed to acquire the polished chain on September 3 for $25 million.
Multi-concept operator Restaurants Unlimited, which filed for bankruptcy protection in early July, has a high-profile “stalking horse” bidder knocking at the door.
Kura Sushi USA bucked recent history when it hit the stock market August 1.
U.S. consumers visited restaurants this July at the same pace they did last July and consumer spending was up three percent compared to year ago, reports The NPD Group. Total U.S.
Red Robin’s recent slide could sit on the shoulders of a few different issues.
Like many casual-dining icons, Ruby Tuesday has faced some hard times of late. In 2018, its revenue dipped nearly 13 percent.