Company credits value-focused promotions, small plates and retail product for boost
Real Mex Restaurants Inc. narrowed its losses during the third quarter, in part due to traffic-boosting happy hour promotions, the introduction of small plates and the expansion of its brand presence in grocery aisles. For its third quarter ended Sept. 10, the Cypress, Calif.-based parent of the Chevys Fresh Mex, El Torito and Acapulco casual-dining chains reported a loss of $6.3 million, compared with a loss of $13.4 million in the third quarter last year. Revenues declined 4.5 percent to ...
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