The Diners Time

The Diners Time, was a chain of casual dining restaurants founded in 1994 in Richardstown, NC. The company had 4 locations in the area. However in 2005, the company announced to close 2 locations due to declining sales. In August 2007, the company closed another location. In October 2007, The Diners Time announced to be acquired by Red Robin. The deal was completed in December 2007. The last location was co-branded with Red Robin shortly after. However in 2009, The location was converted into Red Robin.
== Acquisition by Red Robin ==
In 2006, the company was exploring a sale of the company. CKE Restaurants (owners of Carl's Jr, Hardee's, Green Burrito, and Red Burrito chains), wants to acquire the struggling company, and have it absorb into Hardee's, but the deal called off because of brand recognition and concerns about sales. Another bidder Red Robin wants to acquire the company to allow the company to enter the Richardstown area. In October 2007, The Diners Time agreed to be purchased by Red Robin. In December 2007, the acquisition was completed.
Category:Companies based in Richardstown, North Carolina