OSI Restaurant Partners LLC said it planned to remodel as many as 150 Outback Steakhouse units and focus new unit development on the Bonefish Grill brand. The Tampa, Fla.-based company told securities analysts it would increase investments this year to between $125 million and $150 million to include restaurant development and improvements in corporate infrastructure and efficiency upgrades. In addition to spending between $40 million and $50 million to renovate as many as 150 Outback ...
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Contact: Desiree Torres Desiree.Torres@penton.com