Casual-dining bellwethers Brinker International Inc. and Darden Restaurants Inc. this week will provide outlooks for the year ahead amid a worsening picture for many chains in the segment. While the entire...
Since the start of the new year, several restaurant companies have begun to change their marketing strategies, with new campaigns or new advertising agencies, to counteract what has been plaguing the industry for more...
PORT WASHINGTON N.Y. The number of total restaurant locations in 2008 contracted from the year earlier by 0.1 percent, driven by closures of independent restaurants and units within smaller chains, according to new...
LAS VEGAS —The rules of the lending game may have changed dramatically, but operators still can find financing in the new year, according to officials at some of the restaurant industry’s leading lenders...
Darden Restaurants Inc. set itself apart in late 2008 by not doing something many of its competitors were forced to do—namely, taking goodwill impairment charges. The casual-dining company, based in Orlando...
Darden Restaurants Inc. set itself apart in late 2008 by not doing something many of its competitors were forced to do—namely, taking goodwill impairment charges. The casual-dining company, based in Orlando...
NEW YORK —Restaurant stocks finished 2008 with some of the weakest performances that industry veterans can recall. The new year, however, has started with a bang, and many point to the sector’s pending...
WASHINGTON National Restaurant Association. —Capital expenditures stood at a record low in November as weak sales and pessimistic attitudes about the economy kept...
OKLAHOMA CITY Sonic Corp. said Tuesday it has fallen victim to the high levels of domestic unemployment and the deep discounting in the fast-food sector during its November-ended first quarter, forcing it to reduce...
MARYVILLE Tenn. Ruby Tuesday Inc. said last month it would shutter nearly 10 percent of its domestic corporate restaurant system and book as much as $55 million in charges. —Looking to improve...
