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American casual-dining players breaking into slump-hit Brazil

Brazilians, who enjoy dining out but are priced out of posher eateries, are going for mid-range F&B choices

Red Lobster Seafood Co opened its first two outlets in Brazil this year and plans 12 more. TGI Fridays Inc and Dunkin' Donuts, which closed down years ago in the country, are making comebacks.

Sao Paulo

BRAZILIAN consumers, squeezed by stagnant growth and a weaker currency, are buying fewer foreign goods, but one American import that is thriving in this recession is Red Lobster.

After some chains failed in their previous attempts to break into Latin America's biggest...

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