The Cheesecake Factory’s New Fast Casual Concept Won’t Serve Cheesecake

The Cheesecake Factory’s New Fast Casual Concept Won’t Serve Cheesecake

The Cheesecake Factory is working on a menu for their new fast casual restaurant, Social Monk Asian Kitchen, which will have items like noodles, curries, sandwiches, salads, and rice bowls, according to Eater. Cheesecake is not on the listing.

Founder and CEO for the brands, David Overton, told Eater, "We were really interested in creating a new concept, and thought Asian food would lend itself very well to a fast-casual setting."

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5 Seafood Restaurant Trends To Look Out For This Year

5 Seafood Restaurant Trends To Look Out For This Year

Although, significant overall growth is not in the forecast for seafood dishes in the foodservice sector, there are five trends to look out for in 2018.

According to a food industry market research firm, Datassential’s Seafood Keynote report as covered by “SeafoodSource,” seafood in breakfast and brunch dishes is rising in popularity along with patron’s willingness to explore various kinds of seafood.

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Arby's Buys This Casual Dining Giant 

Arby's Buys This Casual Dining Giant 

Roark Capital, which owns Arby’s® Restaurants Group and also has significant stakes in Auntie Anne's, Carvel and Jimmy John's, is buying the casual dining giant Buffalo Wild Wings for $2.9 million.

Reports speculating that the deal was going to close a few weeks ago caused BWW's stock to increase, after a somewhat sluggish year for the sports-themed casual chain. 

On Tuesday November 28, both the companies announced the definitive merger agreement where Arby’s® will be acquiring BWW at the price of $157 per share in cash.

Although BWW has struggled in the last year in both the stock market and same-store sales, which the CEO Sally Smith has attributed to the recent "historically high" chicken wing prices, the brand launched a campaign to combat that earlier in the year.

BWW pivoted its half-priced traditional wings on Tuesday to be a boneless wings promo. This was a risky move, but it paid off and resulted in "better-than-forecasted" same-store sales. 

Even with the recent uncertainty of the casual dining market, Arby’s® is optimistic about its recent acquisition. 

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Forget Food Delivery, Booze Delivery is Already a Thing. Find Out What Casual Dining Brand is Testing it.

Forget Food Delivery, Booze Delivery is Already a Thing. Find Out What Casual Dining Brand is Testing it.

Most restaurant brands have jumped on the food delivery bandwagon. It’s especially convenient for those on-the-go guests who can’t have a time-consuming dining experience.

But what about those guests who want a convenient cocktail or boozy beverage to enjoy with their meal? 

Well, margarita lovers it’s time to rejoice! 

TGI Fridays is partnering with the service Lash to test a cocktail delivery program.

The casual dining chain, own for its innovative drink menu, will be testing the service in the Houston and Dallas area first before rolling it out to the masses next year.

Fridays’ executives see this as the next logical step for the chain. 

"We're a bar-centric business," said Caroline Masullo, TGI Fridays' vice president of digital strategy, to “Business Insider.” "Right now, no one — from within their own technology — is delivering both food and alcohol." 

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Here’s Why Chili’s is Cutting its Menu Down by 40%

Here’s Why Chili’s is Cutting its Menu Down by 40%

It’s no secret that casual dining chains are struggling in today’s market. In order to survive with the fast casual brands and the elevated casual dining chains, staples in the casual dining segment are being forced to adapt. 

Whether it’s with a massive rebranding or with a menu overhaul, these are all strategies to keep guests in seats.

Chili’s has already completed a rebrand, but it’s uppin’ the ante with a menu revamp. The chain announced in late September that it will be cutting down its menu by 40%.

Its current menu features 125 appetizers, entrees, desserts and more– but it will be trimmed down to 75 items

The new menu will be focusing on its most popular items like its burgers, ribs, and fajitas.

“Over the years, like many bar and grill chains, Chili’s chased consumer trends, expanded the menu and tried to be all things to all guests, therefore compromising execution and resulting in a fuzzy food reputation,” said Chili’s in a recent statement.

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