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.
Despite the quagmire in commercial lending making access to credit difficult, financing remains available for qualified foodservice franchisees, say lawyers, franchising experts and Small Business Administration officials.Even given the...
An increasing number of hotel foodservice operations are growing their businesses by cultivating their farm-to-table offerings—sometimes literally.From on-site terrace and grounds gardens to expanded programs for sourcing products locally, hotel...
SEATTLE Starbucks Coffee customers would be more likely to renew their patronage if the chain lowered its prices instead of adding new menu items. —With the shell-shocked consumer economy...
HOUSTON Landry's Restaurants Inc. said Saturday it had accepted a 35.7-percent lower offer from founder and chief executive Tilman Fertitta to buy the 61 percent of the restaurant and gaming company he does not already own. The adjusted...
ST. PETERSBURG Fla. Dunkin’ Donuts said it has opened its first Leadership in Energy and Environmental Design, or LEED, certified unit in St. Petersburg, Fla. The store, which is owned and operated by franchisee Robert Aziz, is the chain’s...
CARROLLTON Texas T.G.I. Friday's said it has knocked $1 off the prices on its newly expanded Right Portion, Right Price smaller-servings menu for an unspecified limited time. Prices for the 10-item menu, which had started at $6.99, now...
CALABASAS HILLS Calif. The Cheesecake Factory Inc. has temporarily stopped the repurchase of its company stock to conserve cash during the “unprecedented crisis in the global financial markets,” according to a regulatory filing Thursday. ...
OKLAHOMA CITY Sonic Corp., owner or franchisor of 3,400 drive-ins, said its fourth quarter profit fell 8 percent from a year ago because of slow sales and higher labor and food costs. Net income for the quarter, which ended Aug. 31, fell...
CARLSBAD Calif. Rubio’s Restaurants Inc. has received a buyout offer of $5 per share, or $49.75 million, from private-equity firm and 5.9-percent stakeholder Kelly Capital Investments LLC, the company said Friday. San Diego-based Kelly...