The casual dining mogul, DineEquity is in an excellent position to invest in another restaurant concept. The 1.8 billion company, known for the restaurants IHOP and Applebees announced last month that the next restaurant that they will invest in will be an emerging concept. CEO, Julia Stewart also said that their next restaurant will not directly compete with their current restaurants and it ideally will have the potential for international expansion.
Media has been speculating what the concept will be. Will the restaurant group invest invest in a fast casual concept, like other casual dining moguls, including Tony Roma's and Johnny Rockets? Will it be one of the new fast casual pizzeria concepts? Read More