Red Lobster entered bankruptcy in 2024, but quickly clawed its way out in just about three months. The once-struggling 57-year-old seafood chain had endured an $11 million endless-shrimp fiasco among other mistakes made. But under the leadership of Damola Adamolekun, 36, who was previously the CEO of P.F. Chang’s, Red Lobster has officially turned the ship around. As the company continues to recover from bankruptcy, the chain expects positive net income in fiscal 2026, and adjusted EBIDTA is expected to g ...

Core Viewpoint - The merger between Devyani International and Sapphire Foods India aims to consolidate operations for Yum! Brands' franchises in India, enhancing growth potential and operational efficiencies [2][3][4]. Group 1: Merger Details - Devyani International plans to merge with Sapphire Foods India, with a transaction value reported at $934 million [2]. - Under the merger terms, Devyani will issue 117 shares for every 100 shares of Sapphire [3]. - The merger is expected to be completed within 12 to 15 months, pending regulatory and shareholder approvals [3]. Group 2: Market Impact - Following the announcement, shares of Devyani International rose by 5.3%, while shares of Sapphire Foods India fell by 6.4% [1][3]. - The merger is anticipated to accelerate KFC's expansion in India and revitalize Pizza Hut, which currently lags behind Domino's [3]. Group 3: Financial Projections - Devyani International expects annual synergies of approximately 2.1 billion to 2.2 billion rupees (around $23 million to $25 million) starting from the second full year post-merger [5]. Group 4: Strategic Importance - Yum! Brands views India as a high-priority market with significant growth potential, indicating that the merger will create greater value for shareholders through improved supply chain operations [4]. - India ranks third in the concentration of Yum! Brand stores globally, following the U.S. and China [7].

Core Viewpoint - Devyani International, the operator of KFC and Pizza Hut in India, has entered into a $934 million merger deal with Sapphire Foods, creating a significant player in the fast-food industry [1] Company Summary - Devyani International's stock rose by 7.3% following the announcement of the merger deal [1] - The merger is expected to enhance the market position of the combined entity in the fast-food sector [1] Industry Summary - The merger between Devyani International and Sapphire Foods is anticipated to create a major fast-food company, indicating consolidation trends within the industry [1]

（来源：工人日报） 本报讯 （记者赖志凯 杨召奎）推出满减、团购、赠礼等优惠，开展跨年美食派对、主题灯光秀等活 动，将用餐场景与萌趣IP深度融合，老字号企业创新开发融合传统技艺与现代口味的元旦套餐……随着 元旦假期到来，餐饮消费市场也迎来旺季。记者日前采访了解到，北京餐饮企业多举措激活餐饮消费， 点燃城市"烟火气"。 呷哺呷哺集团相关负责人告诉记者，今年元旦假期，该集团围绕IP企划、高质价比活动、创新品类3方 面发力促消费。 "集团旗下呷哺呷哺品牌上线九宫格拼盘新品，并延续哆啦A梦企划推出3款景观保温杯；茶米茶与湊湊 品牌则联合首发新年马年杯。此外，集团各品牌还通过场景体验、产品创新等多元赋能，为消费者增添 餐饮消费趣味。"该负责人说。 值得一提的是，朝阳合生汇深夜食堂特色餐饮街区元旦当天营业时间延长至24点。簋街将举办"锅气烟 火香 簋街暖冬夜"活动，联动火锅、烤肉品牌，营造节日火热氛围。蓝色港湾、华熙LIVE·五棵松等餐 饮街区将同步推出跨年美食派对、主题灯光秀和促销活动，形成全域联动。 2025年12月30日，记者在呷哺呷哺西直门店了解到，门店推出的"可口可乐畅爽套餐"，随机附赠可口可 乐品牌代言人限定 ...

During the Covid lockdowns, my wife and I occasionally ordered from major steakhouses like Morton’s and Ruth’s Chris, which offered aggressive delivery deals and meal kits. Those promotions underscored how heavily steakhouses depended on in-person dining and how vulnerable they were when offices emptied, and business travel stalled. "As remote or hybrid work continues to be popular, office attendance has fallen. Less in-person work may increase office vacancy rates and reduce foot traffic to other busin ...

Billionaire entrepreneur Mark Cuban has navigated several recessions and he believes another one is on the way. Job losses translate into lower revenue growth for many businesses, which can cause an economic slowdown, but some industries are at greater risk than others. Here are some of the key industries that Cuban said can crumble in the next recession. Media “[The media is] the worst industry in the history of industries,” Cuban said in a YouTube video, adding that artificial intelligence (AI) may on ...

We recently published 10 Stocks on Jim Cramer’s Radar.  Texas Roadhouse, Inc. (NASDAQ:TXRH) is one of the stocks on Jim Cramer's radar. Casual dining restaurant firm Texas Roadhouse, Inc. (NASDAQ:TXRH) crossed Jim Cramer’s radar as the CNBC TV host discussed beef prices. Its shares are down by 7% year-to-date amidst broader struggles faced by the restaurant industry. Stifel maintained a Hold rating and a $188 share price target for the stock in December. The financial firm pointed out that while Texas Roa ...

We recently published 10 Stocks on Jim Cramer’s Radar.  Brinker International, Inc. (NYSE:EAT) is one of the stocks on Jim Cramer's radar. Brinker International, Inc. (NYSE:EAT) is a casual dining restaurant company. Like those of its peers in the restaurant industry, the firm’s shares have also struggled in 2025. Year-to-date, Brinker International, Inc. (NYSE:EAT)’s shares are up by 5%, with the bulk of these gains having come since early November, courtesy of a 41% rise. In mid-November, Mizuho kept an ...

We recently published 10 Stocks on Jim Cramer’s Radar.  Darden Restaurants, Inc. (NYSE:DRI) is one of the stocks on Jim Cramer's radar. Full-service restaurant firm Darden Restaurants, Inc. (NYSE:DRI)’s shares are flat year to date to make it another struggling restaurant stock in 2025. The stock experienced a notable 7.7% dip in September after the firm’s fiscal first-quarter earnings report. The results saw Darden Restaurants, Inc. (NYSE:DRI)’s $3.04 billion in revenue meet analyst estimates and its $1. ...

We recently published 10 Stocks on Jim Cramer’s Radar.  Chipotle Mexican Grill, Inc. (NYSE:CMG) is one of the stocks on Jim Cramer's radar. Chipotle Mexican Grill, Inc. (NYSE:CMG) was the final restaurant stock that Jim Cramer discussed in this show. The firm’s shares are among the worst performers in its group as they are down by 37.8% year-to-date. Two notable dips are behind the performance, with the latest coming in October when Chipotle Mexican Grill, Inc. (NYSE:CMG)’s stock tumbled by 18%. The dip o ...