You don't have to look far these days to find a headline about a restaurant chain struggling to attract or retain diners. But there could be a growing opportunity in luring young people: John McDuling at Quartz has an interesting read on a Piper Jaffray report detailing teenagers' increasing proclivity to gather at restaurants rather than at shopping malls.
The backers of the Margaritaville chain of restaurants/bars have agreed to sell the 10-unit concept and two LandShark Bar and Grill locations across the United States to International Meal Co., a Brazilian company that has been a franchisee of the brands. The company's new owners plan to expand the brand in Latin America and in airports, among other locations. Nation's Restaurant News has more on the deal.
Martin Corner developer Mark Sanders has landed a popular Nashville restaurant for his 1100 Fatherland building. The Local Taco, which launched originally in Sylvan Park, plans to open its third area location in the soon-to-be-completed East Nashville building, co-owner John Ko says. Read more about the eatery here and the project here.
Mignon Francois is expanding her Cupcake Collection business to Donelson, where she plans to open a bakery and store later this spring in the space occupied until recently by Becker's Bakery. Dana Kopp Franklin has the details at Bites.
François says there won't be many changes at the original Germantown location at 1213 Sixth Ave. N.. It will continue to be a cupcake bakery and store. "We'll run two bakeries," she says.
The new location is double the size of the original and will allow The Cupcake Collection to expand into baking all kinds of cakes. In addition, the new place will be more of a cafe and hangout, with sandwiches and salads and free Wi-Fi.
Austin Smith and Nick Jacobson are moving forward with their plans for Party Fowl, a fried chicken restaurant concept destined for the Eighth-and-Division intersection where The Gulch meets SoBro. Matt Rogers at Eater Nashville has some the details.
With less than five weeks until Cracker Barrel Old Country Store shareholders vote on whether to put the company up for sale per the wishes of 20 percent owner Sardar Biglari, the company is mailing its official proxy statements. And no, the board hasn't changed its mind.
Given Biglari’s repeated prior statements to the contrary, we believe that we have no choice but to question both the genuineness of, and the motivation for, Biglari’s claim that it is now interested in acquiring the Company, and the request that the Company spend time and money to try to effect a change in Tennessee law. We also note that there appears to be no evidence to suggest that Biglari has taken any steps of its own to seek an amendment to Tennessee law which, given the Tennessee legislature’s schedule, we believe would now be too late to pursue until 2015 at the earliest.
Dana Kopp Franklin has gathered some more details about chef Jamie Watson's plans for a restaurant in the Marathon Village complex. The still-unnamed concept is scheduled to open late this summer and will feature a deck that wraps around two sides of the building at 1305 Clinton St. Check out more here.
- BRASWELL, ROBERT
- GARRETT, JOHNNY C EXECUTOR; GARRETT, JOHNNY C IV EXECUTOR; GARRETT, ANN BIGGER ESTATE; GARRETT, TIMOTHY M EXECUTOR
- GARRETT, TIMOTHY M EXECUTOR; GARRETT, ANN BIGGER ESTATE; GARRETT, JOHNNY C EXECUTOR; GARRETT, JOHNNY C IV EXECUTOR
- GARRETT, JOHNNY C IV EXECUTOR; GARRETT, JOHNNY C EXECUTOR; GARRETT, ANN BIGGER ESTATE; GARRETT, TIMOTHY M EXECUTOR