Finance

Xperience Restaurant Group Acquires Two Brands

Xperience Restaurant Group announced its expansion into the Lone Star state with the acquisition of Texas-based Rio Mambo Tex Mex y Mas and THE RIM scratch craft eats from RM Restaurant Group. ...

Applebee's Reaches Patchy Spot in Growth Journey

Macroeconomic factors have put a damper on Applebee's development goals.

Ruth’s Chris Ups the Ante with Digital and Design Revitalizations

A “total return strategy” looks like it paid off for Ruth’s Chris Steak House, which saw a 9.6 percent bump in systemwide restaurant sales during the fourth quarter of 2022 versus 2021. ...

The Cheesecake Factory Classic Basque Cheesecake.

Cheesecake Factory Eclipses $3 Billion, Plans for More Price Hikes

Here’s the slice: For the first time in company history, The Cheesecake Factory exceeded $3 billion in annual sales, ending 2022 with a total of $3.3 billion—not a shabby gift for its 45th annivers ...

BJ's Decides to Cut Some Menu Offerings

Smaller, more streamlined menus are coming to BJ’s Restaurants.

Seattle-Based Concept Dué Cucina Receives $2.5M Investment from Mac Haik Restaurant Group

Dué Cucina, a casual-gourmet Italian restaurant chain based in Seattle, announced today that they have secured a $2.5 million direct investment from Mac Haik Restaurant Group (MH

Bloomin' Brands Eyes Outback Remodels, Seeks Efficiencies

After rolling out handheld technology for servers at Outback Steakhouse restaurants last year, parent company Bloomin’ Brands is now setting its sights on revamping its image. The chain’s No. ...

Texas Roadhouse Takes Aim at Becoming $8 Billion Company

The steakhouse chain doubled revenue in five years. What's to stop it from doing so again?

Zerocater Raises $15 Million, Announces Expansion

Zerocater, the fastest growing provider of corporate cafeterias and catering solutions, has raised its Series C funding of $15 million, led by Cleveland Avenue LLC, with participation from Remus Ca ...