Huddle House Acquires Perkins Out of Bankruptcy
Huddle House bought Perkins Restaurant & Bakery out of bankruptcy, the family-dining chain announced September 12.
Finance
Dave & Buster's Plan to Put the 'Wow' Back Into Restaurants
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.
Study Reports U.S. Restaurant Transactions Up in August
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 Responds to Vintage Capital in a New Statement
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 Completes Purchase of 116 Chili's from Franchisee
Brinker International completed Thursday the acquisition of 116 Chili's Grill & Bar restaurants from its 14-year franchisee, ERJ Dining.
Kona Grill Sold for $25M to STK’s Parent Company
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.
Restaurants Unlimited Gets $37M Bid from Tilman Fertitta
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 Has the Makings of a Restaurant Giant
Kura Sushi USA bucked recent history when it hit the stock market August 1.
July Sees a Rise in Consumer Spending for Restaurants
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 Turnaround Starts with Hiring the Right People
Red Robin’s recent slide could sit on the shoulders of a few different issues.
