Red Robin Gourmet Burgers’ management stepped up and took responsibility for disappointing Q2 results. CEO Steve Carley said a number of factors contributed to the results but said the biggest contributor was that its “marketing strategy fell short” this summer.
For the quarter ended July 14, 2014, the chain reported a 7.5% increase in revenues [...]
Bottlefork is the newest restaurant from Rockit Ranch Productions, which owns the two Rockit Bars and others in Chicago. Bottlefork isn’t a burger bar, but at brunch, lunch and dinner it offers the $16 Wood Grilled Ground Bacon Burger topped with Vermillion Blue cheese, shoestrings and special sauce.
Bottlefork’s Wood Grilled Ground Bacon Burger
Spring has brought with it acceleration in beef-price increases that hurt consumers and all restaurants, but hit burger joint particularly hard. In April 2014, the average price per pound for ground chuck rose 3.8% to $3.886, according to the latest Consumer Price Index data from the Bureau of Labor Statistics.
Compared with [...]
There’s a thaw under way that’s not just melting ice, it’s slowly melting away the fear of being too upscale that has gripped quick-service restaurants for the past year. From Burger King’s $1 BBQ Rib and McDonald’s Dollar Menu & More to Sonic’s $1 hot dogs, Checkers’ $2 Buffalo Chicken Strips and Jack in the [...]
Red Robin Gourmet Burgers’ results for Q4 and 2013 weren’t smoke and mirrors; they were Smoke & Pepper. The chain said the success of the premium-price Smoke & Pepper Signature Burger—the first of a planned Finest burger line—contributed significantly to the Q4 results. Comp sales were up 3.7% for Q4 and up 4% for the [...]
When your restaurant is housed in a former jail, honesty is an especially good policy. That may help explain why, little more than a month after opening in the 182-year-old Old Salem Jail in Salem, Mass., A&B Burgers announced last week that its burgers weren’t big enough.
A&B Burgers in Old Salem Jail
Consumer prices rose 1.5% from December 2012 to December 2013 but menu prices (food away from home) rose faster, jumping 2.1%, according to full-year data from the Bureau of Labor Statistics.
Source: Bureau of Labor Statistics
That meant the cost of dining out rose more than four times that for dining at [...]