St. Louis — Panera Brands Inc., which includes the fast-casual and hospitality brand Panera Bread as well as Einstein Bros. Bagels and Caribou Coffee, has established its next generation of CEO leadership and board governance in preparation for its eventual
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Orlando, Fla. — Darden Restaurants, Inc. and Ruth’s Hospitality Group, Inc. have entered into a definitive merger agreement in which Darden will acquire all of the outstanding shares of Ruth’s in an all-cash transaction with an equity value of approximately
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Minneapolis — Steele Brands, a Minnesota-based company developing healthy lifestyle brands including Crisp & Green, Stalk & Spade and Paco & Lime, has named restaurant industry leader Kelly C. Baltes as chief executive officer of its brand development company, Steele
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— Interview with Michelle Grojean — R&R: Where are you based and how long has the company been in business? Michelle Grojean: CP Rankin is headquartered in Chalfont, Pennsylvania, flexing roughly 25 years of commercial roofing experience. R&R: What
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Orlando, Fla. — Darden Restaurants, Inc. has announced that Eugene (Gene) I. Lee, Jr., chairman and chief executive officer, will retire as CEO effective May 29, 2022. Lee will continue to serve on Darden’s board of directors as executive chairman
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Orlando, Fla. — Darden Restaurants Inc. has reported its sales fell 28.4% in its fiscal first quarter, which ended Aug. 30. The Orlando, Fla.-based company owns restaurant brands including Olive Garden, LongHorn Steakhouse, Cheddar’s Scratch Kitchen, Yard House, The Capital
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Chicago — Englewood Construction has begun construction on two Outback Steakhouse restaurants in Illinois, and has recently completed an Olive Garden Italian Restaurant in Utah. The national general contractor has also completed a new Trader Joe’s in Iowa (pictured here),
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Orlando, Fla. — Darden Restaurants, Inc. has agreed to acquire Cheddar’s Scratch Kitchen (Cheddar’s) for $780 million in an all-cash transaction. Cheddar’s will add to Darden’s portfolio of differentiated brands, which currently includes Olive Garden, LongHorn Steakhouse, Yard House, The
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