Ruth’s Chris Steak House purchased development rights to “prized territory,” for about $19 million in cash, the company announced during its May 3 first-quarter review.
In an industry where labor costs continue to strain operating margins, The Cheesecake Factory is trying to gain an edge by focusing on staffing and employee retention.
Applebee’s turnaround over the past two years has had several layers. One of the most critical, and perhaps less-publicized points, though, involves fixing a stark gap.
Denny’s revitalization strategy has touched every aspect of the brand.
Brinker International chief executive Wyman Roberts sees a consumer landscape Chili’s can thrive in.
Capital One announced that it has named Paul Westra Managing Director of Restaurant Investments, supporting its Food, Beverage & Agriculture (FB&A) specialty banking team.
Texas Roadhouse’s top-line sales and traffic remain enviable by industry standards. But there’s no question the labor war, especially at the hourly level, is taking its toll.
In the summer of 2017, Outback saw its traffic trends start to strengthen. The brand jumped 130 basis points from the first quarter to the second, which marked the highest result in two years.
Even though the months of March and April tend to be the most unpredictable for BJ’s Restaurants—tax season, spring breaks, and holidays, like Easter, can all have a major impact on traffic trends—