STORE SPACES

OSI Restaurant Partners to remodel up to 150 Outback Steakhouse locations

BY CSA STAFF

New York City — OSI Restaurant Partners LLC, operators of Bonefish Grill and Outback Steakhouse as well as several other restaurant chains, told securities analysts that it planned to remodel as many as 150 Outback Steakhouse units and focus of expanding its Bonefish Grill brand this year.

OSI operates or franchises 968 Outback Steakhouses, 152 Bonefish Grills, 233 Carrabba’s Italian Grills, 64 Fleming’s units and 22 Roy’s locations.

The company it would increase investments this year to between $125 million and $150 million to include restaurant development and improvements in corporate infrastructure and efficiency upgrades.

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REAL ESTATE

Buffalo Exchange to open in North Carolina

BY CSA STAFF

Charlotte, N.C. – Resale clothing retailer Buffalo Exchange brings the concept of buy-sell-trade clothing to Charlotte with the opening of its first North Carolina store, located in the Plaza-Midwood neighborhood at 1521 Central Avenue, in mid-April.

The Charlotte Buffalo Exchange sales floor is 2,650 sq. ft., in an old brick building. There are roomy, well-lit dressing rooms — plus two buy counters, where customers can sell their clothes for cash or trade. The store will open with an eclectic inventory from Buffalo Exchange stores from New York to California.

The Charlotte shop is Buffalo Exchange’s sixth location in the South. Buffalo Exchange is located in New Orleans at 3312 Magazine Street and has five stores in Texas, including two in Houston: 1618 Westheimer, and 249 W. 19th Street.

Including the new Charlotte location, Buffalo Exchange now has 41 stores and two franchises in 15 states, with $64.4 million a year in revenue.

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STORE SPACES

Olive Garden to remodel more than half its locations

BY CSA STAFF

Orlando, Fla. — Olive Garden plans to remodel or refresh more than half of its 700 plus restaurants across the United States to its new Tuscan farmhouse-inspired design.

Called “Via Tuscany,” the updated décor includes new tables, chairs and booths, a palette of warm, rustic tones and design elements of a farmhouse in Tuscany. Other updates include new window treatments.

Outside updates include new front doors surrounded by Tuscan stones and a brick arch, freshly painted exterior walls and newly planted Cypress trees to refresh the landscaping.

The Tuscan-inspired design will be the template for all new Olive Garden units.

“We believe the Farmhouse design reinforces our vision by creating a warm and welcoming atmosphere that enhances the genuine Italian experience at Olive Garden,” said Dan Kiernan, executive VP operations for Olive Garden. “Within the next few years guests will enjoy the same Tuscan-inspired look and feel inside every one of our family of local restaurants across North America.”

Olive Garden is part of Darden Restaurants, the world’s largest company-owned and operated full-service restaurant company.

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