LOUISVILLE KY. Yum! Brands Inc. is set to pay $63 million to purchase a 20-percent stake in Little Sheep Group Ltd., a China-based operator of 375 “hot pot” restaurants, in a move that could further extend the quick...
CHICAGO Gone are the days of large corporate buyouts and billion-dollar transactions. Most merger-and-acquisition activity in 2008 was driven by deal making between franchisors and franchisees, as tight credit...
CHICAGO The pace of restaurant industry growth slowed in 2008, as the largest of chains faced a decline in consumer spending as well as increased cost pressures, according to new data from Technomic Inc. In...
MELVILLE N.Y. Sbarro Inc., the parent to more than 1,075 Italian quick-service restaurants, has amended its credit facilities after a fiscal 2008 that saw declining sales and profit lead to non-compliance with its...
LOUISVILLE Ky. Yum! Brands Inc. said Tuesday it would pay $63 million to purchase a 20-percent stake in Little Sheep Group Ltd., a China-based operator of 375 “hot pot” restaurants. The transaction, expected...
NEW YORK As the federal government reveals the fine print of its financial bailout plan, restaurant operators are poised to benefit as more aid is headed to banks and lenders to help spark small business and consumer...
While today’s economic storm isn’t expected to pass any time soon, restaurant operators and analysts predict a parting of the clouds for the industry in the not-too-distant future.Observers said three performance...
NEWTON Mass. UFood Restaurant Group Inc., the parent to about 12 UFood Grills, closed on a $2.8 million private placement stock offering to help fund the chain’s growth and operations, the company said Friday. ...
NEW YORK After suffering from cost inflation nearly all of last year, relief from sky-high commodity and energy costs is here, and restaurant bottom lines should stand to benefit from deflated prices by the second...
