WASHINGTON The majority of the restaurant industry continues to report declining traffic and same-store sales and is less optimistic about future sales growth, according to the latest National Restaurant Association...
OAK BROOK Ill. Even the best restaurant companies can’t seem to catch a break in today’s economy. Morgan Stanley securities analyst John Glass downgraded McDonald’s Corp. stock on Thursday, saying the company has a...
WAYZATA Minn. Redstone American Grill, the five-unit upscale casual-dining chain based here, is getting back to business after several troubling months filled with the sort of drama and investor high jinks usually...
PORT WASHINGTON N.Y. The total number of restaurant locations in the United States shrunk during the past year, as smaller chains and independents in particular had difficulty weathering the economic storm. According...
LOUISVILLE Ky. Yum! Brands Inc. reported this month that U.S. sales would be weaker than expected for the remainder of 2009, underscoring concerns that the restaurant industry, and even quick-service chains, still...
DALLAS Tribox LLC, a Jack in the Box franchisee, has garnered $12 million from GE Capital, Franchise Finance for the purchase of 14 additional Jack in the Box units and to refinance existing debt. The company...
MARYVILLE Tenn. Ruby Tuesday Inc. posted another quarter of financial results that topped both corporate and Wall Street expectations, as both cost cutting and improved consumer traffic paid dividends for the...
MARYVILLE Tenn. Ruby Tuesday Inc. said Monday it plans to offer 10 million shares of its common stock, with proceeds earmarked to pay down corporate debt. The operator of franchisor to 901 namesake casual-dining...
