Restaurant operators are split on the value of daily deal discounts, according to a study by Cornell University’s School of Hotel Administration. These deals, typically offered online, let people buy merchandise, a service or food at a deep discount, often…

Chicago, IL  (RestaurantNews.com)  Groupon (http://www.groupon.com) (NASDAQ: GRPN) announced today it has acquired Savored (http://www.savored.com), a leading provider of reservations at the best restaurants across the United States. Terms of the deal were not disclosed. More than 1,000 restaurants nationwide have…

New York City restaurant owner Sean Connolly says he “majored in babes and minored in booze.” That education led him to a successful career in the volatile world of high-end eateries. The secrets to running three thriving restaurants in the…

In Winnetka, Illinois, chef Michael Lachowicz has strong opinions on what it takes to run successful daily deal promotions. Lachowicz has run six Groupon deals at his establishment, Restaurant Michael, resulting in more than 5,000 coupons sold and $120,000 in…

A Groupon deal sold so well it promised to drive a herd of diners to Creation Cafe. Trouble is that the popular eatery along Canal Walk said it didn’t agree to Groupon’s offer of a 62-percent discounted dinner to 2,600…

Tootie Pie Company reports that its first Groupon campaign in 2011 is a huge success. More than 6,000 possible new customers will visit the three San Antonio-area Tootie Pie Gourmet Café locations, a significant jump over the more than 2,000…

Arby’s restaurants are celebrating the chain’s 47th year of operation by offering an original Roast Beef Sandwich for just .64 with the purchase of a medium drink. Guests who want to take advantage of the one day only offer must print…

Just how does social couponing work? Computer users sign up with one or more social couponing companies, each of whom negotiates discounts — usually 50 percent to 90 percent off — with local restaurants. Every day, subscribers receive an email…

After years of bringing in new cash-strapped customers through value menus and lower prices, the biggest fast food chains are shifting their focus to quality. McDonald’s, Burger King and Subway are all working to remodel and improve their restaurants. Chains…

When Steve Hepokoski used his first Groupon coupon at W.A. Frost in St. Paul, he surreptitiously slid it under his plate. “It felt awkward using a coupon at a restaurant with linen tablecloths and an extensive wine list,” said Hepokoski,…

The Chipotle Mexican Grill chain has announced new details surrounding their newly developed Asian theme restaurant project. The chain will be called ShopHouse Southeast Asian Kitchen and is inspired by the fresh markets of Asia where owners live in the…

Marc Murphy, who owns four restaurants in New York, gets pitched by salespeople all the time. But these days most of them seem to be selling the same thing: online deal ploys. “Everyone and their mother is walking in the…

Panera Bread is one of the top fast casual restaurant chains in the country, and they’ve accomplished this by steady growth throughout the recession. The high quality foods that appeal to the health conscious, their quality décor and their suitability…

A recent poll conducted by Tundra Specialties, a national distributor of restaurant supplies and equipment, revealed a negative view of two websites that have dramatically altered the food service industry in recent years. Tundra surveyed customers over a month long…

After the October purchase of Burger King restaurants by 3G capital, the industry was abuzz with rumors of slashing costs in order for an easy flip of the business.  So far, the speculation seems to be holding true.  After a…

Danny Barbarigos, owner of La Tasca Tapas Restaurant in downtown Arlington Heights, was interested when Groupon approached him to offer a coupon on the power-buying website. “We tried some knock-off sites and sold maybe 30 or 40, so we decided…

“A good deal? That’s a tricky question,” says Chris Youngers, co-owner of Cafe Trio on the Country Club Plaza. Groupon has sold more than 2,600 half-price coupons to Cafe Trio. Youngers admits he won’t make much money off the deal,…

The Essex, on Manhattan’s Lower East Side, offers creative cocktails, $1 oysters and its signature Colorado lamb chops over ricotta gnocchi. On weekday nights and during off-peak hours, it also features lots of empty tables. To fill his 150-seat restaurant…

Like many skyward-rocketing Internet-based platforms, Groupon has a dubious reputation. On one hand, it’s lauded as a business-saver that could bring in thousands of customers in a day. On the other, many business owners claim the dirt-cheap joint promotions don’t…

There’s still no such thing as a free lunch, but new online discount coupons are slicing local restaurant prices to the bone. While recession-weary consumers may be happy to buy a $50 dinner for $25 at websites like Groupon.com, a…