PLANO Texas Bennigan’s Grill & Tavern brand are vowing to soldier on despite their long-time franchisor’s filing for Chapter 7 bankruptcy liquidation and closure of its Bennigan’s and Steak and Ale restaurants. ...
The current economy has shaken the confidence of many once-proud and cocksure operators to their core, bringing to mind the words of Paul Rubin who said: “Never confuse brilliance with a bull market.”And while remembering the halcyon days of 2005...
Now more than ever, creative advertising and innovative promotions are the keys to bringing cost-conscious diners into casual-dining restaurants, according to marketing executives for chains in the segment.The obvious reward is a quick sales...
LOUISVILLE Ky. Bucking the trend in the pizza segment, Papa John’s International Inc. posted an uptick in profits for the second quarter ended June 29, a result of positive same-store sales and having more restaurants in operation than it did a...
KENNESAW Ga. Burger King’s National Franchisee Association said Tuesday that it “unequivocally supports” the three franchisees who are suing franchisor Burger King Corp. over the chain’s mandate that all U.S. units extend their operating hours. ...
HEATHROW Fla. Ruth’s Hospitality Group Inc. on Tuesday named Michael P. O’Donnell president and chief executive, effective Aug. 7. He also was named to the company’s board of directors. O’Donnell will step into the role most recently held...
MINNEAPOLIS Buca Inc., operator of the 88-unit Buca di Beppo Italian dinnerhouse chain, said Tuesday that it has agreed to be acquired by Planet Hollywood International Inc. in a deal valued at $9.7 million. Asubsidiary of Planet Hollywood...
Ilove it when a kid cons her old man out of some money. Apparently a lot of people do, at least when the con is played as part of a commercial. A Dairy Queen TV spot shows a little girl who has built a fort in her living room. That’s...
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 for price points that will...
BATON ROUGE La. Atalaya Capital Management LP, which has offices in New York and Atlanta, and CRG Partners, with offices in nine U.S. cities and Vienna, Austria, have taken over the management of the Bennigan's Grill & Bar franchise system in the...
