TAMPA Fla. Outback Steakhouse parent company OSI Restaurant Partners LLC has agreed to pay $19 million to settle a class-action lawsuit filed by women claiming that corporate promotions were tainted by sex discrimination.The Tampa-based...
DOTHAN Ala. Hard Rock Café, but it’s increasingly a little bit country, too. —The restaurant business might be a little bit rock ‘n’ roll, with Rolling Stone magazine planning a restaurant in...
INDIANAPOLIS The Steak n Shake Co. became the restaurant industry’s most expensive stock listing on Monday after the company executed a 1-for-20 reverse stock split that left shares closing at $293.00 each. Prior to the reverse split, Steak n...
The newest piece of creative for Pretzelmaker is a four-minute music video starring an unsigned musician, a 16-year-old hip-hop artist named Goofy Boi. There’s no way a commercial that long could hold a viewer’s attention or be cost...
You don’t need me to tell you that 2009 was a bad year. Even when positive news broke through the doom and gloom this year, it had the Great Recession-era gallows humor that doesn’t make us chuckle or even pause anymore. We could all go a long...
CHICAGO Baja Fresh franchisee Goel Management has acquired the master franchise rights for fast-casual chain Freshii in the Philadelphia area. Goel, which franchises 12 Baja Fresh locations as well as Verizon Wireless retail stores, said it plans...
LOUISVILLE Ky. Papa John’s International Inc. said it expects 2010 to remain tough for the third-largest pizza brand, with same-store sales expected to range from an increase of 1 percent to a decrease of 1 percent. “The consumer environment is...
While the credit freeze has thawed from its coldest point a year ago, only small drips of capital are falling into the coffers of the restaurant industry.Operators large and small, as well as the International Franchise Association, or IFA, say...
After years of using six direct-mail coupon drops per year to drive customers in when a new product or limited-time offer was introduced, El Pollo Loco this year increased the number of coupon mailings to nine, along with adding more...