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Buca di Beppo

Buca di Beppo is an American restaurant chain specializing in Italian-American food. The name roughly translates as "Joe's small place" from Italian (buca, which literally means "hole" or "pit", can be a dialectal word in Tuscany for a small room or place, and Beppo is a diminutive of the name Giuseppe). The chain of 81 establishments [2] (76 company-owned, 5 franchises in UK)[3] is owned by Buca, Inc., which is also owned by Planet Hollywood.[citation needed]

Buca, Inc.
Buca di Beppo Italian Restaurant
TypeSubsidiary
IndustryRestaurant
GenreCasual dining
Founded1993; 30 years ago (1993)
FounderPhil Roberts
Headquarters,
U.S.
Number of locations
70
Area served
United States
Key people
Robert Earl (Chairman)
ProductsItalian-American food, including spaghetti and meatballs, Fettuccine alfredo, lasagna, ravioli, breadsticks, pizza, submarine sandwiches, and salads
Total equityUS$8.8 million[when?]
Number of employees
5,000 - 10,000[1]
ParentPlanet Hollywood
Websitewww.bucadibeppo.com
Buca di Beppo, Livonia, Michigan

The chain is known for its vintage photographs hung closely spaced throughout the restaurant.[citation needed]

Menu

 
Slice of cake at a Buca di Beppo (March 2009).

The food at Buca di Beppo is served family style, each item served à la carte and shared among the dining party. Some locations also have a lunch menu, featuring individual-sized portions. Each room at Buca is themed, and all restaurants have a Pope table—the largest single table, round, in a room by itself, with a bust of the Pope as centerpiece.[citation needed]

In an attempt to boost sales during 2005, Buca introduced a Buca Mia menu, meaning "My Cellar", with less-expensive portions for two.[4]

Corporate history

Phil Roberts founded Buca di Beppo in 1993 as an imitation of "red sauce joints", Italian-American family restaurants in the northeast United States. Not Italian himself, Roberts wanted his restaurant's stereotypical depiction of Italian-American culture to be "intentionally in bad taste, but good-natured bad taste". He hired Vittorio Renda, a Milanese chef, and Roberts's architect son decorated the restaurant with Italians' family photographs from flea markets. In 1996, a new CEO, Joseph Micatrotto, brought less exaggerated Italian-American cultural depictions, based on his family's history, to the chain as it prepared to go public.[5]

The first restaurant, named Buca Little Italy, was opened in the basement level of a Minneapolis apartment building in 1993 by Twin Cities restaurant company Parasole Restaurant Holdings. Five years later, it was spun off and renamed Buca di Beppo.[6][7] By 1999, there were 20 locations when Buca, Inc. began trading on the NASDAQ stock exchange.[citation needed]

The chain continued to grow, but began to hit some rough spots a few years later. Business losses mounted, and in 2005, the U.S. Securities and Exchange Commission began investigating the company over securities laws.[8] Two top executives left the company, three Buca di Beppo sites were closed, and the company described those restaurants and the Vinny T's chain as "discontinued operations" in fourth quarter 2005 earnings statements.[citation needed]

However, on May 22, 2006, the company announced that it would be keeping the Vinny T's stores, but converting them to Buca di Beppo locations.[9] On September 25, 2006, Buca, Inc. sold their 11 Vinny T's of Boston restaurants to Bertucci's Corp. for $6.8 million.[10]

On June 7, 2006, Micatrotto and two other former Buca executives were charged with stealing more than US$200,000 from the company.[11][5]

On August 5, 2008, Planet Hollywood's parent company, Planet Hollywood International, Inc., agreed to purchase the Buca chain for US$28.5 million. Under terms of the deal, Buca became a wholly owned subsidiary of Planet Hollywood.[12] Its founder, Robert Earl, restored Buca di Beppo's gaudy decor of photographs covering walls.[5]

 
The Buca di Beppo at Excalibur Hotel & Casino in Las Vegas, Nevada, opened in 2011.

In 2011, Buca moved its headquarters from Minneapolis to Orlando, Florida, home of its parent company, citing financial incentives.[7] In 2012, Rick Tasman was named CEO & President.[13] In 2015, Rich Saultz was named the new CEO & President and is currently in that position.[citation needed]

By 2016, the company had 100 locations in the U.S. and U.K.[14]

As of 2019, the chain has 77 restaurants in 24 states; Honolulu is the highest-grossing location.[5] In 2019, Earl Enterprises announced that a point-of-sale credit card breach affected credit-card users who visited Buca (or other Earl Enterprise-owned restaurants) between May 23, 2018, and March 18, 2019.[15][16]

See also

References

  1. ^ "Buca di Beppo". LinkedIn. Sunnyvale, California. Retrieved May 26, 2020.
  2. ^ https://locations.bucadibeppo.com/index.html Buca di Beppo: All locations
  3. ^ Buca di Beppo: Meet Buca September 4, 2009, at the Wayback Machine
  4. ^ Vomhof Jr., John (March 24, 2006). "Buca loss narrows in Q4 as sales rise". Minneapolis/St. Paul Business Journal. Retrieved April 8, 2006.
  5. ^ a b c d Krishna, Priya (April 16, 2019). "The Bizarre History of Buca di Beppo, America's Most Postmodern Red Sauce Chain". Bon Appétit. Retrieved May 26, 2020.
  6. ^ "The Parasole story". Parasole Restaurant Holdings. Retrieved September 3, 2016.
  7. ^ a b Burl Gilyard, Buca di Beppo headquarters moving to Florida (update), Finance & Commerce, November 23, 2011, accessed May 4, 2015.
  8. ^ "Investor Sues Buca, Inc. for Stock Fraud". Restaurant News Resource. August 11, 2005. Retrieved April 8, 2006.
  9. ^ . Minneapolis / St. Paul Business Journal. May 26, 2006. Archived from the original on March 12, 2007. Retrieved July 20, 2013.
  10. ^ "BUCA, Inc. Announces Sale of Vinny T's of Boston to Bertucci's Corporation - Business Wire". Retrieved August 1, 2016.
  11. ^ . Archived from the original on June 13, 2006. Retrieved August 1, 2016.
  12. ^ Steve Alexander, Struggling Buca bought by Planet Hollywood March 15, 2009, at the Wayback Machine, Minneapolis Star Tribune, August 5, 2008, Accessed August 23, 2008.
  13. ^ "Buca di Beppo names Rick Tasman CEO". nrn.com. May 17, 2012. Retrieved April 9, 2015.
  14. ^ "8 Family-Style Facts About Buca di Beppo". www.mentalfloss.com. 2016-08-28. Retrieved 2020-08-03.
  15. ^ "Buca di Beppo diners may have had their credit-card details stolen after the restaurant chain's parent company was hit with a major data breach". Houston Chronicle. April 1, 2019. Retrieved April 2, 2019.
  16. ^ "Hackers steal credit card data from Planet Hollywood, Buca di Beppo customers". USA TODAY. 2019. Retrieved May 26, 2020.

External links

  • Official website - United States
  • Official website - United Kingdom

buca, beppo, american, restaurant, chain, specializing, italian, american, food, name, roughly, translates, small, place, from, italian, buca, which, literally, means, hole, dialectal, word, tuscany, small, room, place, beppo, diminutive, name, giuseppe, chain. Buca di Beppo is an American restaurant chain specializing in Italian American food The name roughly translates as Joe s small place from Italian buca which literally means hole or pit can be a dialectal word in Tuscany for a small room or place and Beppo is a diminutive of the name Giuseppe The chain of 81 establishments 2 76 company owned 5 franchises in UK 3 is owned by Buca Inc which is also owned by Planet Hollywood citation needed Buca Inc Trade nameBuca di Beppo Italian RestaurantTypeSubsidiaryIndustryRestaurantGenreCasual diningFounded1993 30 years ago 1993 FounderPhil RobertsHeadquartersOrlando Florida U S Number of locations70Area servedUnited StatesKey peopleRobert Earl Chairman ProductsItalian American food including spaghetti and meatballs Fettuccine alfredo lasagna ravioli breadsticks pizza submarine sandwiches and saladsTotal equityUS 8 8 million when Number of employees5 000 10 000 1 ParentPlanet HollywoodWebsitewww wbr bucadibeppo wbr comBuca di Beppo Livonia Michigan The chain is known for its vintage photographs hung closely spaced throughout the restaurant citation needed Contents 1 Menu 2 Corporate history 3 See also 4 References 5 External linksMenu Edit Slice of cake at a Buca di Beppo March 2009 The food at Buca di Beppo is served family style each item served a la carte and shared among the dining party Some locations also have a lunch menu featuring individual sized portions Each room at Buca is themed and all restaurants have a Pope table the largest single table round in a room by itself with a bust of the Pope as centerpiece citation needed In an attempt to boost sales during 2005 Buca introduced a Buca Mia menu meaning My Cellar with less expensive portions for two 4 Corporate history EditPhil Roberts founded Buca di Beppo in 1993 as an imitation of red sauce joints Italian American family restaurants in the northeast United States Not Italian himself Roberts wanted his restaurant s stereotypical depiction of Italian American culture to be intentionally in bad taste but good natured bad taste He hired Vittorio Renda a Milanese chef and Roberts s architect son decorated the restaurant with Italians family photographs from flea markets In 1996 a new CEO Joseph Micatrotto brought less exaggerated Italian American cultural depictions based on his family s history to the chain as it prepared to go public 5 The first restaurant named Buca Little Italy was opened in the basement level of a Minneapolis apartment building in 1993 by Twin Cities restaurant company Parasole Restaurant Holdings Five years later it was spun off and renamed Buca di Beppo 6 7 By 1999 there were 20 locations when Buca Inc began trading on the NASDAQ stock exchange citation needed The chain continued to grow but began to hit some rough spots a few years later Business losses mounted and in 2005 the U S Securities and Exchange Commission began investigating the company over securities laws 8 Two top executives left the company three Buca di Beppo sites were closed and the company described those restaurants and the Vinny T s chain as discontinued operations in fourth quarter 2005 earnings statements citation needed However on May 22 2006 the company announced that it would be keeping the Vinny T s stores but converting them to Buca di Beppo locations 9 On September 25 2006 Buca Inc sold their 11 Vinny T s of Boston restaurants to Bertucci s Corp for 6 8 million 10 On June 7 2006 Micatrotto and two other former Buca executives were charged with stealing more than US 200 000 from the company 11 5 On August 5 2008 Planet Hollywood s parent company Planet Hollywood International Inc agreed to purchase the Buca chain for US 28 5 million Under terms of the deal Buca became a wholly owned subsidiary of Planet Hollywood 12 Its founder Robert Earl restored Buca di Beppo s gaudy decor of photographs covering walls 5 The Buca di Beppo at Excalibur Hotel amp Casino in Las Vegas Nevada opened in 2011 In 2011 Buca moved its headquarters from Minneapolis to Orlando Florida home of its parent company citing financial incentives 7 In 2012 Rick Tasman was named CEO amp President 13 In 2015 Rich Saultz was named the new CEO amp President and is currently in that position citation needed By 2016 the company had 100 locations in the U S and U K 14 As of 2019 update the chain has 77 restaurants in 24 states Honolulu is the highest grossing location 5 In 2019 Earl Enterprises announced that a point of sale credit card breach affected credit card users who visited Buca or other Earl Enterprise owned restaurants between May 23 2018 and March 18 2019 15 16 See also EditList of Italian restaurantsReferences Edit Buca di Beppo LinkedIn Sunnyvale California Retrieved May 26 2020 https locations bucadibeppo com index html Buca di Beppo All locations Buca di Beppo Meet Buca Archived September 4 2009 at the Wayback Machine Vomhof Jr John March 24 2006 Buca loss narrows in Q4 as sales rise Minneapolis St Paul Business Journal Retrieved April 8 2006 a b c d Krishna Priya April 16 2019 The Bizarre History of Buca di Beppo America s Most Postmodern Red Sauce Chain Bon Appetit Retrieved May 26 2020 The Parasole story Parasole Restaurant Holdings Retrieved September 3 2016 a b Burl Gilyard Buca di Beppo headquarters moving to Florida update Finance amp Commerce November 23 2011 accessed May 4 2015 Investor Sues Buca Inc for Stock Fraud Restaurant News Resource August 11 2005 Retrieved April 8 2006 Buca backtracks on Vinny T s of Boston sale Minneapolis St Paul Business Journal May 26 2006 Archived from the original on March 12 2007 Retrieved July 20 2013 BUCA Inc Announces Sale of Vinny T s of Boston to Bertucci s Corporation Business Wire Retrieved August 1 2016 The latest from the StarTribune Archived from the original on June 13 2006 Retrieved August 1 2016 Steve Alexander Struggling Buca bought by Planet Hollywood Archived March 15 2009 at the Wayback Machine Minneapolis Star Tribune August 5 2008 Accessed August 23 2008 Buca di Beppo names Rick Tasman CEO nrn com May 17 2012 Retrieved April 9 2015 8 Family Style Facts About Buca di Beppo www mentalfloss com 2016 08 28 Retrieved 2020 08 03 Buca di Beppo diners may have had their credit card details stolen after the restaurant chain s parent company was hit with a major data breach Houston Chronicle April 1 2019 Retrieved April 2 2019 Hackers steal credit card data from Planet Hollywood Buca di Beppo customers USA TODAY 2019 Retrieved May 26 2020 External links Edit Wikimedia Commons has media related to Buca di Beppo Official website United States Official website United Kingdom Retrieved from https en wikipedia org w index php title Buca di Beppo amp oldid 1100399230, wikipedia, wiki, book, books, library,

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