Sardar Biglari, a well-known activist investor and the chief executive of Steak n Shake and Western Sizzlin, has disclosed a 5.9-percent stake in the struggling Sonic Corp...
The return of business travel and conventions is driving traffic at fine-dining chains, many of which have recently reported positive same-store sales after suffering from empty dining rooms during the recession...
Luby's Inc. said it swung to a profit in the third quarter from a year-ago loss because of improving sales, more catering business and reduced costs...
More Americans are expected to hit the road this weekend, kicking off a summer that foodservice operators hope will continue to fuel the sales recovery that began for many this spring...