Bloomin Brands news and trends

Bloomin’ Brands CEO: Delivery Creates New Reasons to Buy — but Pickup Doesn’t
Earnings // August 01, 2023

As casual dining brands look to drive sales across digital and physical channels, Bloomin’ Brands is finding that, while delivery may be incremental to the company’s core dine-in business, pickup typically is not. On a call with analysts Tuesday (Aug. 1) discussing the company’s second-quarter...

Restaurants Benefit From Continued Demand for Luxuries Amid Inflation
Consumer Insights // May 02, 2023

Even as consumers strain under inflation, they continue to spring for luxuries, to restaurants’ benefit. By the Numbers Consumers without a financial safety net are splurging on things they do not strictly need, according to data from the latest edition of PYMNTS’ New Reality Check...

Starbucks Partners with DoorDash; SkipTheDishes Lays Off 350 Employees
Restaurant Roundup // September 16, 2022

After years of being conspicuously absent from the DoorDash marketplace, Starbucks is finally appearing on the platform. The coffeehouse chain, the world’s largest restaurant company by revenue, revealed Tuesday (Sept. 13) that it has partnered with the United States’ leading aggregator as part of a...

Amid Disappointing Results, Outback Steakhouse Parent Touts ‘Honed and Refined’ Digital Sales Margins
Earnings // November 02, 2021

With off-premises ordering proving sticky, Bloomin’ Brands, parent company of several casual dining chains including Outback Steakhouse and Carrabba’s Italian Grill, is finding ways to make the economics of the various channels work in its favor. Still, the company is underperforming, and investors are taking...

Quick Reads
McDonald’s, Starbucks And Other QSRs Say Dining Rooms Follow Safety Standards As COVID Cases Rise

November 08, 2020
Major restaurant chains, including McDonald’s, Starbucks and others, are looking for ways to keep dining rooms open — even as health authorities caution that other ways of buying restaurant meals remain safer, The Wall Street Journal (WSJ) reported. Restaurant executives are optimistic they can make indoor dining work in a number of situations because eateries […]