Denny’s

The Denny’s that opens Friday in the Financial District will offer a $300 version of its popular Grand Slam wake-up — complete with a bottle of 2004 Dom Perignon Premier Cru Champagne. The breakfast fit for a king is called the “Grand Cru Slam” — but besides the vino, it’s the standard morning eye-opener of eggs, pancakes, sausage and bacon. “It’s not an astronomical price for Dom Perignon,” says Mike Capoferri, who was hired by Denny’s to create a “craft cocktail” menu at its first Manhattan location. Yes, the FiDi version of “America’s diner” will also have specialty cocktails that start at $11. The bottle of the good stuff at Denny’s is a bargain compared to top restaurants in the area, which charge more than $400 for the bottle. [NYDN]

And management is going to fire you without pay over it, realize they did so in error, not show any remorse and tell you to shoot HR a cover letter and résumé if you’d like the opportunity to try and get your old job back. Read more »

Earlier this week, we did a little bit of analysis on behalf of Denny’s largest shareholders (including BlackRock, Wellington Management, State Street, GAMCO, Citigroup, Two Sigma, and AQR) to help them decide whether or not they should increase their stakes in DENN on account of a physical altercation that took place between a couple patrons (our findings said yes). For those who missed it, let’s review the tape. Read more »

If I’m a PM at BlackRock, Wellington Management, State Street, GAMCO, Citigroup, Two Sigma, or AQR, all of which own a significant number of shares in the restaurant chain, my takeaways are: 1. Crowded as hell, that’s good 2. Patrons are not strictly meth addicts, that’s good 3. Professional conflict mitigation services available on-site (check out how calm, cool and collected the waiter who breaks things up is), that’s good 4. Apparently the cost-cutting through syrup sparsity program is being effectively implemented. So the answer would be hell yes. Read more »