DALLAS Brinker International Inc. reported this month fiscal fourth-quarter and full-year earnings that one analyst labeled “the good, the bad and the ugly.” ...
Rising commodity prices and shortened purchasing contracts for restaurant staples like chicken and beef are adding another layer of volatility to an already complex operating environment.Having faced escalated costs...
New York Debt continues to be a four-letter word for the restaurant industry. Standard & Poor’s Ratings Services lowered the corporate credit ratings of Uno Restaurant Holdings Corp. and Sbarro Inc. on...
SEATTLE McDonald’s. —Starbucks Corp. chairman and chief executive Howard Schultz has historically disliked any comparisons between his coffeehouse chain and ...
McDonald’s decision to rethink its Dollar Menu underscores the severity of the situation. Faced with both rising costs and skittish consumers, operators large and small are re-evaluating menu strategies as they search...
New government economic data pointing to additional erosion in consumers’ discretionary spending and more inflation in operating costs could prompt further fine-tuning of menu strategies and commodity outlooks by...
NEW YORK —Improved sales results divulged in preliminary second-quarter reports by several leading chains this month have prompted some foodservice analysts to predict...
As public restaurant companies ride out the violent swings of the rattled stock market, operators are changing the way they speak to Wall Street, laying bare faults that a few years ago would have been viewed by...
