Denny’s Rival TGI Fridays Files Chapter 11: Casual Dining’s Next Casualty
TGI Fridays files Chapter 11 bankruptcy. The casual dining chain’s 39 corporate stores enter court restructuring. Third major chain bankruptcy in 2024.
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Cracker Barrel CEO Out After Rebrand Chaos, What Investors Need to Know
Cracker Barrel CEO Julie Masino steps down after disastrous logo rebrand sparked customer backlash and sales decline. What’s next for the stock and the brand?
Pizza Chain Axes 50 Locations After Years of Slice Decline
A major pizza chain is closing up to 50 locations after five quarters of sales declines. We break down the financial wreckage, market implications, and what comes next.
Piper Sandler Boosts Darden Target on Traffic Strength
Piper Sandler lifts Darden Restaurants (DRI) price target to $200 on strong traffic data. Analysis of what this means for the casual dining sector and investors.