ATLANTA Despite another jump in the national unemployment rate and conflicting economic indicators released last month, a new survey shows that consumers' plans to spend at restaurants are only improving as confidence...
Even as restaurant operators continue the intense battle for dollars in a gloomy business landscape, several recent indicators point to an economy that is trying to shake off its lethargy.Data released late last month...
WINSTON-SALEM N.C. Krispy Kreme International Inc. nearly broke even in its latest quarter, helped by lower commodity costs, the closure of underperforming stores and a same-store sales increase at corporate locations...
CORPUS CHRISTI Texas Susser Holdings Corp., operator of 520 convenience stores under the Stripes and Town & Country brands, as well as 300 Laredo Taco Company and Country Cookin’ restaurant locations, has acquired 25...
SEATTLE Starbucks Corp. said Tuesday it would acquire full ownership of its operations in France, which operate under a joint-venture partnership between Starbucks and a Spain-based licensee, for an undisclosed price...
Arecent round of corporate deal making has industry observers speculating that merger and acquisition activity is rising and will flood the market starting next month. A merger between Stir Crazy Fresh...
WASHINGTON The latest National Restaurant Association survey of operators showed that although same-store sales remained negative in July, restaurateurs reported an improvement from June’s soft performance. In...
NEW YORK Credit rating agency Standard & Poor’s revised upward its short-term look at Starbucks Corp.’s corporate credit rating, citing cost controls and the reduction of debt. S&P said Friday the coffeehouse company...