Casual-Dining Brands Bolster Cash Reserves in Uncertain Financial Future
Some casual-dining brands are switching their operation model and increasing liquidity as they chart through several unknowns during the COVID-19 pandemic.
Finance
Darden CEO Not Taking Salary as Company Braces for COVID-19 Impact
Darden CEO Gene Lee didn’t pretend it was business as usual.
Eatertainment Venues See Huge Losses Amid COVID-19 Pandemic
The eatertainment segment, which relies on large gatherings of consumers who primarily seek fun and games, faces an unknown future as the coronavirus outbreak continues in the U.S.
Restaurants to Offer ‘Dining Bonds’ to Lift Income
In the face of a financial crisis due to the coronavirus, restaurant veterans and organizations have started campaign efforts to reduce the burden on foodservice businesses and employees.
Denny’s Fortifies Balance Sheet to Prepare for Coronavirus Impact
Denny’s Corporation, franchisor and operator of one of America's largest franchised full-service restaurant chains, announced that the company has secured additional funding through its revolving c
Buffalo Wild Wings' Largest Franchisee Sells 22 Locations
Investment firm ICV Partners announced Thursday that it’s completed its previously announced acquisition of Diversified Restaurant Holdings, Inc.—a large Buffalo Wild Wings franchisee with 64 locat
Logan's Roadhouse Parent Files For Bankruptcy
CraftWorks Holdings, parent company of Old Chicago Pizza & Taproom, Logan’s Roadhouse, Gordon Biersch Brewery Restaurant, and Rock Bottom Restaurant and Brewery, filed for bankruptcy Tuesday in
Landry’s Acquires Cadillac Ranch for $7.5 Million
Landry’s Holdings, owned by Tilman Fertitta, agreed to spend $7.5 million during an auction to buy Cadillac Ranch, a concept formerly owned by Granite City Food and Brewery, according to court docu
The Cheesecake Factory is Now Taking Reservations
While The Cheesecake Factory’s foray into off-premises, delivery in particular, has served as a testing ground of sorts, the company’s latest initiative is taking place within its four walls.
Famous Dave's to Acquire Granite City Food and Brewery
BBQ Holdings Inc., the parent company of Famous Dave’s, announced Thursday a purchase agreement to acquire the assets of craft beer chain Granite City Food and Brewery.
