GLENDALE Calif. DineEquity Inc., parent of the IHOP and Applebee’s chains, reported Wednesday a widened fourth-quarter loss because of $148.3 million in impairment charges related to the Applebee’s brand. The net loss for the quarter ended...
LOUISVILLE Ky. Yum! Brands Inc., parent of the KFC, Taco Bell, Pizza Hut, Long John Silver’s and A&W chains, Tuesday named Micky Pant to the newly created position of president, global branding. Pant will be responsible for leading and...
LEBANON Tenn. Cracker Barrel Old Country Store Inc., the operator of 588 restaurants and gift shops, posted Tuesday a 9-percent drop in its fiscal 2009 second-quarter profit on slowed sales, but still beat Wall Street estimates, which sent its...
RICHMOND Va. Virginia, a state known for some 300 years as a primary grower of tobacco, is poised to ban smoking in restaurants. Last week, the state's House and Senate voted to approve a bill that would allow smoking only in private clubs...
SPARTANBURG S.C. As public health advocates continue to pour pressure on restaurant companies to lower the amount of salt in their food products, Denny’s said Monday it is rolling out systemwide a number of reformulations that will lower sodium...
NEW YORK Investment funds affiliated with Nelson Peltz, the well-known activist investor and nonexecutive chairman at Wendy’s/Arby’s Group Inc., have snatched up stock in quick-service and snack brands, and dumped holdings in casual-dining...
