Bankruptcy and decline are not always the final chapter. In 2026, a diverse group of well-known restaurant chains, from Red Lobster to TGI Fridays, are executing ambitious turnaround plans, betting on new leadership, tech innovation, and nostalgic appeal to win back customers.
The Walt Disney Company has unveiled a sweeping leadership overhaul, formally dividing its top strategic priorities between its powerhouse Parks business and its challenged Content divisions. Josh D'Amaro will ascend to CEO in 2026, while Dana Walden assumes a new, powerful creative president role, setting the stage for the post-Iger era.
Equinox Gold (TSX:EQX) shares have rallied sharply following confirmation of high-grade gold discoveries at its Minotaur and Frank zones, aided by AI-guided exploration. The news has reignited debate over the miner's valuation and growth trajectory in a volatile gold market.
Cracker Barrel confirmed a corporate travel guideline, first reported by The Wall Street Journal, stating that employees on business trips are expected to eat at the chain's restaurants 'whenever practical,' sparking criticism and debate over corporate cost-cutting measures.
Darden Restaurants, the parent company of Olive Garden and LongHorn Steakhouse, is closing all 28 Bahama Breeze locations. While 14 restaurants will be converted to other brands in its portfolio, the move marks the end of the tropical-themed casual dining chain.
Investment firm Immersion Investment Partners projects strong profitability targets for PAR Technology, citing its cloud-based solutions for the restaurant sector, despite recent stock volatility and broader AI investment concerns.
Darden Restaurants announced the complete closure of its Caribbean-themed Bahama Breeze chain, with 14 locations shutting down and another 14 being converted to other brands within its portfolio over the next 18 months.
Darden Restaurants is permanently closing all remaining Bahama Breeze locations, with half the sites to be converted to other brands in its portfolio, citing competitive pressures and operational challenges.
Following a strategic review, Darden Restaurants will shutter 14 Bahama Breeze outlets across the U.S. by 2026, with the remaining sites set for conversion to other brands within its portfolio, signaling a major shift for the Caribbean-themed casual dining chain.
Darden Restaurants announced the closure of all 28 Bahama Breeze locations across the U.S., with half converting to other brands within its portfolio, including one affected site in metro Atlanta.
A federal indictment unsealed Tuesday details a multi-state scheme where four individuals allegedly used over 115 stolen identities to siphon more than $1 million in SNAP and pandemic unemployment benefits, funneling profits to a Massachusetts restaurant and overseas.
The Walt Disney Company has named theme parks chief Josh D’Amaro as its next CEO, placing its most reliable profit engine at the helm to steer the global media giant through industry-wide uncertainty and a historic $60 billion global expansion.
The Walt Disney Company has named Josh D’Amaro, the architect behind its thriving parks and experiences division, as its next Chief Executive Officer, bringing a decisive end to the high-stakes succession saga following Bob Iger's return.
The fast-casual chicken chain appoints industry veteran Greg Levin as its new CEO, leveraging his two-decade track record of scaling BJ's Restaurants to fuel its own coast-to-coast growth ambitions.
Darden Restaurants is shuttering half of its remaining Bahama Breeze outlets and converting the rest to other brands, marking the near-end of the 28-year-old Caribbean-themed concept.
While customers see the final performance, restaurateurs navigate a relentless backstage of razor-thin margins, staffing crises, and external pressures. Insights from operators across the globe reveal the complex reality behind a full dining room.
Darden Restaurants is winding down its Bahama Breeze brand, closing 14 locations and converting another 14 to other concepts within its portfolio, as the casual dining sector continues to face significant headwinds.
The Southern-themed restaurant chain has issued internal guidelines requiring traveling staff to take meals primarily at company locations, a move that has sparked debate over corporate culture and employee autonomy.
The Walt Disney Company has named Josh D'Amaro, the executive behind its thriving parks and experiences division, as its next Chief Executive Officer, succeeding Bob Iger in March. In a major creative reshuffle, Dana Walden assumes a new, powerful role overseeing all content.
The Walt Disney Company has named Josh D'Amaro, the architect behind its booming parks and experiences division, as its next Chief Executive Officer, concluding a high-stakes succession saga.
