NRN surveyed over 400 restaurant operators for our latest market leader report. Discover how these industry leaders are leveraging data to shape their strategies and drive success.
ORLANDO Fla. Darden Restaurants Inc., one of the nation’s largest casual-dining operators, joined its segment competitors in reporting negative same-store sales at each of its five major brands for its latest quarter, and blamed the difficult...
WOODLAND HILLS Calif. Grill Concept Inc.’s stockholders Tuesday ratified a previously announced plan to delist the company's stock from the Nasdaq exchange as early as Wednesday. Officials said the move would save the company an estimated ...
NEW YORK Casual-dining chains should close a net of 1,200 locations, or about 7 percent of the segment’s capacity, to restore a supply and demand equilibrium with restaurant consumers, said John Glass, a securities analyst at Morgan Stanley. ...
HOUSTON Landry’s Restaurants Inc. swung to a fourth-quarter profit from a year-earlier net loss on gains from insurance proceeds that helped offset sluggish sales at the casual-dining and gaming company. For the quarter ended Dec. 31...
The recession’s drain on sales in many high-end restaurants has set off a prix-fixe menu frenzy.Knowing that an empty seat pounds the P&L harder than one netting $30 for three courses, fine-dining chefs have created clever but less expensive food...
WILBRAHAM Mass. Friendly’s, a family-dining chain of more than 500 restaurants, said it would launch its Menu Madness promotion Monday and give kids a chance to “take over” its ice cream factory. The promotion, which...
DALLAS Bennigan’s Grill & Tavern said Friday it has launched its annual Blarney Blast promotion for St. Patrick’s Day and will extend the menu and drink specials into April. “We’re returning to our roots as a relaxing neighborhood tavern...
HOUSTON Tilman Fertitta, chief executive and chairman of Landry’s Restaurants Inc., has acquired a 9-percent personal stake in McCormick & Schmick’s Seafood Restaurants Inc. Since January, Fertitta has purchased more than 1.3 million...
Several restaurant companies are discounting their inclusion on Moody’s Investors Services’ recently released list of companies designated by the agency as at high risk of loan default...
