NRN surveyed over 400 restaurant operators for our latest market leader report. Discover how these industry leaders are leveraging data to shape their strategies and drive success.
DENVER Chipotle Mexican Grill Inc. said this week it would increase menu prices by 6 percent in the current fourth quarter to help counter rising costs that led to a dent in third quarter profit. The increase, which is on top of the...
DENVER The seven-unit Smashburger fast-casual chain here said it has signed its first franchisee, the New Jersey-based Mascott Corp., to open up to 30 units on the East Coast. Mascott is a family-owned multiconcept franchisee of such...
CALABASAS HILLS Calif. The Cheesecake Factory Inc. became the latest casual-dining operator to cite increased costs and slowed sales for a double-digit decline in profit. The operator of 157 restaurants reported Thursday a third quarter...
LAKE FOREST Calif. Del Taco has realigned its marketing staff, promoting its head of field marketing and adding a senior-level position. Brian Moriarty has been promoted to senior director of brand marketing and advertising. Moriarty, who...
WASHINGTON A coalition of more than 30 restaurant chains and trade associations has officially been formed to push for federal legislation that would establish one nationwide menu-labeling standard for multiunit operators. The Coalition...
DALLAS A U.S. bankruptcy court has approved Atalaya Capital Management’s acquisition of Bennigan’s Franchising Co. LP, including the company’s equity, trademarks and other assets. The deal, which includes the Tavern and Steak & Ale brands, is...
CARLSBAD Calif. Rubio’s Restaurants Inc. has rejected the proposed $49.75 million buyout offer from investor Kelly Capital Investments LLC because the bid “significantly undervalues [Rubio’s] core business and operating plan,” the restaurant...
OAK BROOK Ill. Reiterating that McDonald's continues to be recession-resistant because of its lower prices, executives at the world's largest quick-service hamburger chain reported on Wednesday an 11-percent jump in third-quarter net income, aided...
PLANO Texas Metromedia Steakhouses Co. LP, parent of the Ponderosa and Bonanza Steakhouse brands, said it has filed for Chapter 11 bankruptcy protection. The company said in a statement that it would continue operating and planned to...
SCOTTSDALE Ariz. P.F. Chang’s China Bistro Inc. reported on Wednesday a 43.8-percent year-to-year drop in third quarter profit because of charges for the planned closure of 10 Pei Wei Asian Diners and continued slow traffic at its restaurants. ...
