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casual_dining

Operations

Red Lobster's decline creates an opportunity in seafood

 By Joe Guszkowski on Jun. 28, 2024

As the market leader closes restaurants across the country, innovative upstarts, steakhouses and even grocers could be in line to benefit. But can anyone unseat the king?

Operations

Hooters closes some struggling restaurants, citing a difficult market

 By Joe Guszkowski on Jun. 24, 2024

The sports bar chain abruptly shut its doors in parts of Texas, Florida, Kentucky and Virginia. A local media outlet put the total number of closures at 40.

Operations

Lower-income consumers remain a problem for Olive Garden

By Joe Guszkowski on Jun. 20, 2024

The Italian restaurant chain said it’s keeping prices low and doing more to promote value, including its bottomless breadsticks. But it refuses to jump on the discounting bandwagon to drive traffic.

Workforce

California Red Lobster employees sue chain over mass layoffs

By Joe Guszkowski on Jun. 14, 2024

A lawsuit alleges that the seafood chain did not give staff enough notice before closing nearly 100 restaurants last month.

Financing

A tough restaurant economy hits Dave & Buster's

By Jonathan Maze on Jun. 13, 2024

Stock in the food-and-games chain, which also owns Main Event, plunged early Thursday following a weak sales report.

Marketing

Non-discount chains are getting pulled into the value wars anyway

By Joe Guszkowski on Jun. 13, 2024

The industry's preoccupation with price is forcing brands to change tactics in marketing and on the menu, even if they refuse to discount.

Marketing

All-you-can-eat wings deliver traffic spike for Buffalo Wild Wings

By Joe Guszkowski on Jun. 06, 2024

Visits jumped by as much as 74% on days the promotion ran last month, according to data from Placer.ai.

Financing

What is the future of Red Lobster?

By Jonathan Maze on Jun. 05, 2024

A Deeper Dive: This week’s episode of the Restaurant Business podcast features Victor Fernandez, VP of insights and knowledge for GuestXM, to talk about full-service restaurants.

Operations

TGI Fridays sees 'massive white space' in hotels and airports

By Joe Guszkowski on Jun. 05, 2024

The bar and grill chain said its hotel outlets do better than traditional stores and are more cost-effective to develop.

Operations

Casual-dining chains had a difficult year

By Joe Guszkowski on Jun. 03, 2024

Price-conscious consumers began to shift away from sit-down restaurants in 2023 after embracing them a year earlier. That made growth difficult to come by.

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