Denny's

Leadership

Red Robin CMO Kevin Mayer leaves the company

Mayer had been with the casual-dining burger chain for almost two years. A replacement was not named.

Operations

Denny's reaches back for better days ahead

Franchisees applaud new management's willingness to resurrect past hits and reinforce traditional strengths as keys to the brand's rejuvenation.

Management informed Wall Street that the weakest one-fifth of the system is dragging down the healthier performers, who'll be encouraged with a grant offer and loan accessibility to enhance the brand's consistency.

Christopher Bode is returning to the company to handle operations as well as the usual duties of a president. Minh Le will be responsible for tech planning and adoption.

Reality Check: The diner chain is pitting its third virtual concept against QSRs there, leveraging the lower wages full-service places are allowed to pay.

Sales fell even though prices increased 5%, so the family-dining chain is bringing back its old $2/$4/$6/$8 tiered menu. Franchisees also closed 15 units last quarter.

The segment and its sub-sectors like the buffets market haven't had an easy time post-pandemic, prompting many members of the old guard to arm themselves with shiny new upstarts as future growth vehicles. But there's still plenty of effort being spent on helping the longtime leaders keep their footing, as this look at the Top 10 shows.

The segment's old guard is striving to amp up its traditional strength of providing value, but with more relevant and higher-quality menu options.

Reality Check: Old-guard chains are finding the alternative operations to be persistently effective side hustles.

A Keke's unit was opened for the first time outside of Florida, to encouraging results, the company said. It sports a new look and menu, as well as alcoholic beverages.

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