Consumers generally appreciate whimsical, election-theme promotions, but the Daily Grill chain was forced to cancel its new “Cast Your Vote Now” campaign abruptly after hearing from another constituency: the chain’s employees. ...
GLENDALE Calif. DineEquity Inc. downgraded its fiscal 2008 outlook for Applebee's on Thursday while blaming the casual-dining chain's third quarter same-store sales negativity and IHOP's nearly flat results on the "very challenging" economic...
Restaurant financing has slowed to a trickle as lenders re-evaluate loan portfolios amid the financial uncertainty roiling the economy.Most notably, GE Capital Solutions, Franchise Finance, which is the largest lender in the restaurant space in...
After El Pollo Loco was featured in an episode of “The Apprentice” last year, I interviewed president and chief executive Stephen Carley about the topic of product placement. I asked whether product placement was getting out of...
NEW YORK Holding onto current sales and customers has jumped to the top priority for entrepreneurial operations like restaurants, surpassing such usual imperatives as growing the business, according to research released Thursday by American...
NORCROSS Ga. A franchisee of the 138-unit Sonny's Real Pit Bar-B-Q chain has filed for Chapter 11 bankruptcy and closed four of its Atlanta-area stores. Norcross-based Greater Atlanta Bar-B-Q LLC made its bankruptcy filing last Thursday in...
Boudin Bakery didn’t realize how well it would benefit from a fundraiser while also helping the charity involved until the first such event was held, for the opening of a new Boudin SF fast-casual branch in Stockton, Calif.The sourdough-bread...
SCOTTSDALE Ariz. GE Capital Solutions, Franchise Finance, the largest restaurant lender by assets and clients, confirmed Friday it would be “much more selective” and defer rate quotes on new deals as the credit chill that began last year becomes a...
