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Joe Guszkowski

Senior Editor

Articles by
Joe Guszkowski

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Financing

Red Lobster to close more struggling restaurants this week

The seafood chain is rejecting the leases of 23 more locations as part of its ongoing bankruptcy process.

Financing

Red Robin's comeback spoiled by traffic troubles

Customers say they’re more satisfied with the burger chain’s food and service, but fewer are choosing to visit. That has dimmed the chain's near-term outlook.

Financing

Could these be the next restaurant chains to file for bankruptcy?

Hooters and Black Angus Steakhouse are struggling to pay their debt and are exploring alternatives, according to Debtwire.

Leadership

Tony Roma's names interim CEO Mohaimina Haque its permanent chief

Haque was previously outside general counsel for the casual-dining rib chain. She has been tasked with turning the brand around.

Technology

In third-party delivery wars, consumers come out on top

Tech Check: Delivery apps have been showering customers with promotions lately as they compete for supremacy. Where does that leave restaurants?

Technology

Batched delivery orders take longer, hurt food quality

Secret shoppers in a study from Intouch Insight were far less satisfied when their meal arrived after others were dropped off along the way—a common practice for apps like DoorDash, Uber Eats and Grubhub.

Technology

Restaurants won't survive by standing still

Tech Check: The critique that tech is ruining hospitality holds the industry to an impossible standard.

Financing

TGI Fridays' acquisition by Hostmore is suddenly in question

U.K.-based Hostmore said this week that the deal has been delayed as the two sides work to sell their corporate TGI Fridays and go fully franchised.

Financing

Applebee's says it's losing lower-income diners to grocery stores

The casual-dining chain plans to be even more aggressive on value as inflation catches up with consumers. But it lowered its outlook for the rest of the year.

Technology

AI supplier Presto to be delisted from Nasdaq

The tech company’s shares have been trading under $1 for most of the past year, putting it out of step with Nasdaq rules.

Financing

Here's why Buca di Beppo filed for bankruptcy

The Italian casual-dining chain blamed the pandemic and its aftermath for creating an impossible operating environment.

Financing

Outback Steakhouse turns to value as traffic falls

The casual-dining steak chain is hoping a $14.99 three-course meal will pull in choosy consumers, and it is planning more value offers this year.

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