As the nation’s faltering economy leaves diners clutching their wallets tightly, white-tablecloth operators are slashing prices by offering deals they hope will lure diners into their restaurants.An increasing number of upscale restaurants are...
HEATHROW Fla. Ruth’s Hospitality Group Inc. said Tuesday it has named Sam Tancredi senior vice president and chief operating officer of Mitchell’s Fish Market, the company’s upscale seafood brand, effective immediately. Tancredi most...
ROSEVILLE Calif. Blaming worsening economic conditions, Kobra Properties, a real estate developer and a franchisee of Jack in the Box and other restaurant brands, has filed for Chapter 11 bankruptcy. Company officials said its restaurant...
Acrisis is a terrible thing to waste.While walking the halls, holding meetings and breaking bread at the Restaurant Finance & Development Conference in Las Vegas, it was clear the industry would heed that warning. Operators, lenders and analysts...
ANN ARBOR Mich. Domino’s Pizza, based here, has partnered with digital video recorder service provider TiVo Inc. to allow consumers to order pizzas and track delivery using their TV sets. ...
Everybody has their price, and it would seem that phrase has never been truer for customers of casual-dining and midscale restaurants.Consumers say they are largely dissatisfied with the price-value equation for dinner meals at casual-dining and...
PORT WASHINGTON N.Y. The holiday season, which starts in earnest this week, may not get any merrier for restaurants. Anew study reveals that consumers are still hesitant to spend during this time of year, when independent and chain...
Casual-dining chains with a strong value message and all kinds of restaurants that are perceived as offering “real food” rank higher with consumers than do those seen as falling short in both areas, two recent studies indicate.Olive Garden...
With holiday shopping sprees likely to be reduced this season, restaurants in retail malls and mixed-use lifestyle centers are girding for a Scrooge-like dampening of usually robust December sales.Retail chain stores posted their weakest October...
