GLG Topic: Casual Dining Industry
The Casual Dining Industry is the business sector encompassing restaurants that provide table service, hold liquor licenses, and generate a per-person check average of $14 or less for lunch and $22 or less for dinner. They are designed to appeal to a broad customer base by featuring moderate prices and comfortable atmospheres. Major players in this sector are Brinker, Darden, and Applebee's.
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Leading Experts: Casual Dining Industry
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FormerEVP of Operations, Smokey Bones
DARDEN RESTAURANTS, INC.
John Ducey was until September 2005, the Executive Vice President at Darden Restaurants, Inc., casual Dining restaurant. Mr. Ducey has worked with Darden Restaurant for 26 years. His first 14 years were spent with Red Lobster in operations doing every job from Assistant Restaurant Manager to Area Supervisor...
Jim McCloskeyFormerSVP, Chief Development Officer
Red Robin Gourmet Burgers Inc
Jim McCloskey was until August 2005, the Senior Vice President and Chief Financial Officer of Red Robin Gourmet Burgers, a casual dinind restaurant. Mr. McCloskey had oversight for all aspects of real estate, finance, human relations, franchise sales, corporate relationships, and technology development...
John MacalusoPresident & Chief Executive Officer
Cornell Management Group
John Macaluso is the President and Chief Executive Officer of Cornell Management Group, a full-service advisory and strategic planning company, focusing on the restaurant and food service industry. Mr. Macaluso has over 30 years of operational experience in the restaurant industry, both as a corporate...
Jeff Epstein, MBAChief Financial Officer
Oberon Media
Jeff Epstein is the Executive Vice President and Chief Financial Officer at Oberon Media, a provider of casual game solutions, whose investors include Goldman Sachs and Oak Investment Partners. Mr. Epstein is a member of the Board of Directors, Chairman of the Compensation Committee and a member of...
FormerCEO & President
ARBY'S RESTAURANT
Mr. Douglas Benham was until July 2006 President and CEO of Arby’s Restaurant Group. During his tenure, Mr. Benham revitalized a 40 year-old $3B dollar quick service concept including rebuilding the management team, repairing franchisee relationships, turnaround of company-operated units, and brand...
Study Groups: Casual Dining Industry(?)
GLG NewsSM
Analysis: Casual Dining Industry(?)
As this first quarter of 2008 comes to an end, what's ahead for the Restaurant Industry in Q-3, Q-3 and Q-4? Commodity Prices escalating at unprecedented rates, customer traffic softening, labor costs rising, bottom lines dwindling, talent pools shrinking, facility expenses uncontrollable, oil prices...
- Commodity prices are rising and distribution costs are up. - Consumers are not willing to accept menu price increases.
With the economic conditions the way they are, restaurant companies are scrambling to come up with ways to combat the conditions that are affecting their operations. Commodity costs aren't coming down, so how can they offset higher prices? What strategies should companies be using to survive through...
GLG InstituteSM
Seminars: Casual Dining Industry(?)
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