Consumers are focusing on experiences rather than material goods, and restaurants are in the sweet spot to take advantage of this “experiential economy.” ...
The Tex-Mex chain brings strong unit volumes — about $4.5 million — to Darden, but its same-store sales fell last quarter, like many casual dining brands.
Zaxbys will open its first Maryland restaurant next year in Cambridge, a city on the Eastern Shore of the Chesapeake Bay, with two more to follow in Easton and West Ocean City/Berlin, the brand said ...
The retailer also aims to generate $520 million through sale-leasebacks of an undisclosed number of stores as its parent company slashes its profit forecast and spins off non-core segments.