7 months ago
Back in the glory days of the late 1990s and early 2000s, P.F. Chang's was a fresh concept with fresh food. Under it's most recent private equity owners it wasn't fresh by any stretch. Success is no further than paying a bit more for better ingredients and staff.
8 months ago
There was a time when P.F. Chang's — both the brand and the food — just seemed wonderfully fresh. Anyone who has visited lately know that is no longer the case. And changing from one P.E. firm to another is not really the traditional way to reinvigorate a tired brand.
9 months ago
Family funds are more patient than private equity, which can make them an exceptional partner for any chain bent on stable growth.
1 year ago
Under owner Centerbridge, P.F. Chang's has plummeted from a pretty solid casual concept with quality food to, well, the opposite. In a just world the PE firm will be punished financially for its poor choices.
2 years ago
Both brands in this headlines suffer from lack of consumer interest, market differentiation, or food items that anyone remembers. But sure, selling one off will solve all their problems.
2 years ago
The per-share offer is more that BWW is trading at now, but significantly below last year's number. This is not the best news for the company's long-term health.