MINNEAPOLIS Buffalo Wild Wings Inc. was able to post a 50-percent jump in third-quarter profit on a revenue gain of 25 percent, as new restaurant openings and a dip in costs and expenses helped the casual-dining company’s performance. For the...
MINNEAPOLIS —In what is seen as a leading indicator of an economic recovery, teens in households with an average income of $75,000 are spending more at restaurants for the first time since the start of the recession, according to an...
DALLAS McDonald’s and Burger King in their last completed fiscal years opened overseas, illustrating the importance of international expansion to maturing U.S.-based chains. —More than 90...
COLLEGEVILLE PA. Wegmans has joined the small collection of supermarket brands that have made the leap into the full-service restaurant arena, experts doubt such in-store eateries pose a significant threat to foodservice operators. ...
Max & Erma’s, a 106-unit casual-dining chain in the Midwest, has filed for Chapter 11 bankruptcy protection to restructure its debt, part of which is guaranteed by sister company Damon’s Grill, a 50-unit barbeque chain...
NEW YORK Third-quarter earnings season got off to a rocky start this week with cautious commentary on October sales trends from heavyweight McDonald’s Corp., a quarter that many deemed disappointing from P.F. Chang’s China Bistro Inc., and double...
SEATTLE Sinking the hopes of anyone who wanted to believe that billboards recently pulled from Elliott Bay may have been remnants of a decades-old submarine advertising scheme by eccentric restaurateur Ivar Haglund, Ivar’s Inc. officials this week...
SAN FRANCISCO The French Laundry in Yountville, Calif., was the only San Francisco-area restaurant to earn the coveted three stars in the 2010 edition of the Michelin Guide for that region, released Tuesday. Thomas Keller’s high-end venue has...
DALLAS Brinker International Inc. reported double-digit declines in both revenue and profit for its fiscal 2010 first quarter, mainly because of one-time items and a reduced number of restaurants from the sale of the Romano’s Macaroni Grill chain...
MIAMI Benihana Inc. on Monday named industry consultant Christopher Ames chief operating officer. Ames, who has served as a consultant since July to the parent of three Japanese restaurant chains, replaces Juan Garcia in the role. Garcia will...
