Trends

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Chain Operating Report for July 20

Restaurant chains BJ's Restaurants, Cheesecake Factory, Famous Dave's, Landry's and Popeyes continue to heat up the summer months with expansion and opertional news.

BJ's Restaurants, Inc. (Nasdaq:BJRI - News) opened a BJ's Restaurant & Brewhouse in College Station, Texas.

The Cheesecake Factory (NASDAQ:CAKE - News) opened a location in Short Hills, N.J. The 10,000 square foot location seats 277 people.

Famous Dave's of America, Inc. (Nasdaq:DAVE - News) opened a restaurant in Portland, Ore., its second location in the state.

Landry's Inc. has entered into a confidentiality agreement with McCormick & Schmick's Seafood Restaurants, Inc. (Nasdaq:MSSR - News) to conduct diligence that could lead to a possible merger or acquisition transaction between the two companies. The confidentiality agreement requires Tilman J. Fertitta to terminate his previously announced tender offer to acquire McCormick & Schmick's through his affiliate LSRI Holdings, Inc., a subsidiary of Landry's, Inc.

Popeyes Louisiana Kitchen opened its 2,000th restaurant system. The newest location is in Memphis, Tenn.

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