LOUISVILLE Ky. Yum! Brands Inc. is reportedly planning to eliminate several hundred corporate jobs and restructure its flagging U.S. business as a result of an ambitious refranchising program. Positions will be eliminated here at the...
BOSTON The Au Bon Pain bakery-café chain said it has added a line of $49.99 hot lunches, marketed as enough for six people, to its catering menu. Meanwhile, the chain continues to experiment with whole-grain and multi-grain baked items while...
MILFORD Conn. Subway will add flatbread as a sandwich option starting Nov. 17, a spokesman for the chain said. He indicated that the flatbread would not be baked in the restaurants, a marked departure for the brand. The spokesman, Rob...
GLENDALE Calif. In an attempt to appeal to budget-conscious diners, the Applebee’s Neighborhood Grill & Bar chain has launched a limited-time offer featuring a large appetizer and two entrees for $20. As part of the "2 for $20" promotion...
CARPINTERIA Calif. Carl’s Jr. and Hardee’s parent CKE Restaurants Inc. reported a slowdown in same-store sales growth for the third quarter, citing discounting at competing burger chains and a tough October at Carl’s Jr. For the quarter...
WOODLAND HILLS Calif. Just weeks after its 12 top executives agreed to 10-percent pay cuts, the operator or licensor of 30 Daily Grill and Grill on the Alley restaurants has reported an $11.1 million third quarter loss and a consolidated 8-percent...
NEW YORK NexCen Brands Inc., the franchisor of Maggie Moo's and other treat brands, on Wednesday announced several executive hires, including the appointment of Mark Stanko as chief financial officer. Stanko succeeds Kenneth J. Hall, who...
WHITE PLAINS N.Y. Legislators in Westchester County, N.Y., voted Monday to require local outlets of chains with at least 15 units nationwide to post calorie counts on their menus and menu boards, a move targeted at reducing obesity levels. ...
COLUMBUS Ohio Bob Evans Farms Inc. blamed “an extremely challenging economic environment” as it reported a nearly 27-percent plunge in second quarter profit and lowered its financial outlook for fiscal 2009. For the second quarter ended Oct...