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casual_dining

Food

Matchbox lowers menu prices to get back to the concept's roots

 By Patricia Cobe on Apr. 08, 2024

A value proposition is core to this metro Washington, D.C.-based casual-dining concept, and the new menu builds guest volume with affordable, chef-inspired food.

Emerging Brands

How breakfast player Squeeze In is primping to find its future growth partner

 By Lisa Jennings on Apr. 04, 2024

Squeeze In is known for omelets, generously boozy brunch cocktails and a joyfully wacky community vibe. Here's how the two sisters who own the brand plan to reach 100 units within a decade.

Financing

Dave & Buster's believes better food will yield better sales

By Jonathan Maze on Apr. 03, 2024

The combination restaurant and arcade chain is working on upgrading its menu offerings to bolster food attachment. But it is also planning to raise gaming prices to improve profits.

Financing

How Red Lobster got in over its head

By Joe Guszkowski on Apr. 03, 2024

Leadership problems, a tough economy and all-you-can eat shrimp have brought the nation's biggest full-service seafood chain to the brink of rock bottom.

Financing

Dave & Buster's eyes international expansion

By Jonathan Maze on Apr. 01, 2024

The eatertainment concept signed another international development deal as it pushes to bring its restaurant and games venues to more global markets.

Financing

Bob Evans puts itself on the market

By Jonathan Maze on Mar. 28, 2024

The family dining restaurant chain has hired an investment bank to look for a buyer, after having considered a sale in 2022.

Financing

Benihana deal makes The One Group one to watch in full-service dining

By Joe Guszkowski on Mar. 27, 2024

Acquiring the 86-unit teppanyaki chain will make the owner of STK and Kona Grill a $1 billion company. And it's just the beginning of an ambitious long-term growth plan.

Leadership

BJ's agrees to listen to another activist investor

By Joe Guszkowski on Mar. 27, 2024

The casual-dining chain will take input from PW Partners on how to boost shareholder value. In exchange, PW will withdraw two board nominees.

Financing

STK parent One Group to acquire Benihana owner for $365M

By Joe Guszkowski on Mar. 26, 2024

The deal for Safflower Holdings, which also includes the RA Sushi brand, will nearly triple One’s footprint to 168 locations worldwide.

Emerging Brands

3 concepts from Asia are making their U.S. debut

By Lisa Jennings on Mar. 25, 2024

These three chains are big in Asia and elsewhere, but they opened units in the U.S. for the first time last week. Two are full-service concepts, from China and Mongolia, and a third is an innovative pastry shop from Taiwan.

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