LOS ANGELES —During one of the first sessions at this year’s Multi-Unit Foodservice Operators conference here, attendees received a call to action surrounding the “potential devastating effects of unions”...
OVERLAND PARK KAN. Applebee’s International Inc. reported that domestic systemwide same-store sales for its namesake casual-dining chain continued to trend negative in the third quarter, despite a slight uptick of 0.6...
DUBLIN OHIO. Wendy’s International Inc., a question facing operators and onlookers is how much the No. 3 burger brand is worth, especially if the chain’s same-store sales keep sliding and thousands of restaurant...
MARYVILLE Tenn. Ruby Tuesday Inc. has purchased a controlling interest in a single-unit, fast-casual concept called Wok Hay Fresh Asian Diner, the casual-dining company revealed Thursday in its latest quarterly...
NAPLES FLA. —A majority of consumers plan to eat out at restaurants less frequently in the coming months as their concerns about the economy mount, according to a recent...
Even as the dreaded “R word”—recession—creeps into economic forecasts on the heels of last month’s negative reports citing declines in U.S. jobs, stifled consumer spending, still-shrinking home values and ever-tighter...
One of the darkest moments in Jack in the Box Inc.’s corporate history proved to be an opportunity to shine for Linda Lang, the company’s current chairman and chief executive. It was 1993 when four...
OAK BROOK ILL. McDonald’s Corp. clearly is running on all cylinders, analysts say, pointing to continued same-store sales gains, even in the face of a lackluster U.S. economy. And an increase in cash returned to...
Economic forecasts have been peppered this month with predictions of an upcoming recession, as reports of negative indicators from jobs to spending have surfaced. While most restaurant operators and observers remain...