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ATLANTA Ga. The largest franchisee of the Church's Chicken chain has agreed to acquire Shoney's Restaurants from an affiliate of Lone Star Funds, the Dallas-based private-equity fund that bought Lone Star Steakhouse & Saloon Inc. late last year. ...

LOUISVILLE Ky. Papa John’s International Inc. said this week its 2009 profit could fall as much as 21 percent from expected earnings this year as sales continue to slow and the chain closes more locations than it opens in the United States. ...

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ROCHESTER N.Y. A 46-unit franchisee of the Friendly’s family restaurant chain plans to evaluate the purchase of all or a part of the franchisor, according to the licensee’s newly retained financial advisor. The franchisee, Kessler Family...

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WINDER Ga. The Equal Employment Opportunity Commission filed a racial discrimination lawsuit Thursday against a franchisee of a Krystal restaurant where three black former employees claim the white general manager subjected them to strip searches...

First quarter RSMI results put Starbucks on top, Red Mango climbs into top 10

A look at menu and marketing strategies aimed at making chains more family friendly