Red Robin Sells 30 Restaurants for $23.5 Million as Part of Restructuring Efforts
Burger chain Red Robin has agreed to sell 30 company-owned restaurants in Washington and Western Idaho to Evergreen Dining LLC for $23.5 million in cash, marking a strategic shift under its First Choice Plan aimed at improving financial flexibility.
Tickers: $RRGB
Topics: Company Restructuring Franchise Deals Restaurant Industry