NEW YORK The Nation’s Restaurant News Stock Index followed the general market into new depths last week, hitting its lowest value so far this year as well as its lowest point in the past 52 weeks. As market...
OKLAHOMA CITY Sales trends at Sonic Corp. remained negative for its February-ended second quarter, despite the chain’s late-December introduction of its Everyday Value Menu, which was developed to spark customer...
WINSTON-SALEM N.C. After more than four years under investigation by the Securities and Exchange Commission, Krispy Kreme Doughnuts Inc. settled its case and three former executives agreed to pay fines and return...
NEW YORK The casual-dining chain Olive Garden, coffee player Dunkin’ Donuts, pizza delivery leader Domino’s, and quick-service giant McDonald’s each topped their respective industry categories for customer loyalty in...
CARPINTERIA Calif. CKE Restaurants Inc., the parent to Carl’s Jr. and Hardee’s, said same-store sales for the four weeks ended Feb. 23 fell 0.6 percent, including a 3.6-percent slide at Carl’s Jr., which it blamed on...
MINEOLA N.Y. HVS Executive Search said Tuesday that David Mansbach has rejoined the executive recruiting firm and will serve as co-president, North America, starting March 10. Mansbach, with 20 years of...
ATLANTA Wendy’s/Arby’s Group Inc. posted a net loss of $393.2 million for its fourth quarter, as impairment charges and continued slow sales at the Arby’s chain weighed down results. The parent company to...
As chains look to hook customers with free food offers or two-for-one deals, the successes of these drastic campaigns are often difficult to quantify. Some results, however, are trickling in. ...
NEW YORK Investment funds affiliated with Nelson Peltz, the well-known activist investor and nonexecutive chairman at Wendy’s/Arby’s Group Inc., have snatched up stock in quick-service and snack brands, and dumped...
