HOUSTON Luby’s Inc., operator of 96 cafeterias and a contract feeding division serving 15 sites, said last week that consumer confidence and spending is not likely to improve next year, leading to continued softness...
SPARTANBURG S.C. Denny’s Corp. has let go of its chief marketing and innovation officer, Mark Chmiel, chief operating officer, Janis Emplit, and senior director of product innovation, Andy Dismore. Replacements have...
ORLANDO Fla. Darden Restaurants Inc. reported late Thursday a nearly flat second-quarter profit of $60.3 million, compared with year-ago earnings of $59.7 million. Its per-share earnings remained at 43 cents.The...
SCOTTSDALE Ariz. The board of directors at P.F. Chang’s China Bistro Inc. has authorized a share repurchase program that will allow the company to buy up to $100 million in its common stock through Dec. 15, 2011. The...
MINNEAPOLIS Granite City Food & Brewery Ltd., parent to 26 restaurants in 11 states, began trading on the Nasdaq Capital Market on Monday and said it may consider a reverse stock split to increase its common share...
While the credit freeze has thawed from its coldest point a year ago, only small drips of capital are falling into the coffers of the restaurant industry.Operators large and small, as well as the International...
LOUISVILLE Ky. Papa John’s International Inc. said it expects 2010 to remain tough for the third-largest pizza brand, with same-store sales expected to range from an increase of 1 percent to a decrease of 1 percent...
ATLANTA Chick-fil-A, the regional quick-service chain with deep Southern roots, may one day surpass KFC as the largest chicken brand in the United States, said longtime restaurant analyst Mark Kalinowski ...
EMERYVILLE Calif. Peet’s Coffee & Tea Inc. said Wednesday it would consider its alternatives after Diedrich Coffee Inc. deemed an all-cash buyout offer from Green Mountain Coffee Roasters Inc. to be superior to Peet’s...
