Landry’s has purchased Claim Jumper’s in a bankruptcy auction for a total of $76.6 million. The selling price is more than $20 million more than Claim Jumper’s had originally agreed to be sold for. Because the restaurant was an asset in a Chapter 11 bankruptcy filing, the sale was required to happen through an auction to return the highest price possible. Claim Jumper’s had originally agreed to sell to Private Capital Partners for just under $55 million.
A person posing as a health inspector has hit again. An unidentified caller has been calling restaurant owners and operators claiming the need for an emergency inspection. The person then asks restaurateurs for detailed and sensitive personal and business information. It is unknown how many restaurants have been impacted by the scam.
Chick-fil-A will once again release a cow themed calendar for the holiday season. This year’s calendar will feature the familiar Chick-fil-A Eat Mor Chikin’ Cows paying homage to a number of popular reality television shows. The calendar is available for purchase now.
White Castle has announced it will introduce 13 new members into the restaurant’s Cravers Hall of Fame. The Hall, which opened in 2001, will include 67 members after the class of 2010 is inducted. More than 6,600 people have applied for inclusion in the White Castle Hall of Fame since opening its doors.
Burger King thinks the Kinect for Xbox 360 will be the hottest gift this holiday season and wants you to be able to get in on the action. The company is offering guests a chance to win Kinect Xbox 360 Prize Packs by entering a code found on large and medium beverage containers, Whopper wrappers, and large frypods. The promotion is currently running.
IHOP has announced the introduction of a special Festival of Flavors menu. The new menu will include three new breakfast items for guests to pick from. The menu will offer Banana Bread French Toast, Cinnamon Apple Crepes, and Pumpkin Praline Pancakes. All items will be available for a limited time at participating locations.
Little Caesars, Inc. has announced the Little Caesars Pizza Bowl Instant Win Game and Sweepstakes. The promotional contest gives players multiple opportunities to win football and pizza related prizes in a three- tier system. Prizes range from winning a Little Caesars Pizza Party to winning a trip for two to the college bowl game of your choice.
SONIC has announced the SONIC Flavor Touchdown Sweepstakes. The contest will run from November 1 through December 12 and offer players a chance to win a VIP football trip for six to a college bowl game of their choice along with an additional prize package. Players can enter the contest at FlavorTouchdown.com
Texas Roadhouse, Inc. has announced the results for their third quarter ending September 28. The company saw comparable store sales increase by 4.3% at company owned locations and a 4.4% increase at franchise operated stores. Texas Roadhouse also announced they had opened three company owned locations during the quarter and that restaurant operating margins had increased by 79 base points. Diluted earnings per share increased by 28% over the same quarter last year.
Morton’s Restaurant Group, Inc. has reported the unaudited financial numbers for their third fiscal quarter ending October 3. The company reported that system-wide revenues were up by 3.9 % over last year’s same quarter and that comparable store revenues were up by 3.2% over the same time.