TAMPA Fla. OSI Restaurant Partners LLC, the parent of Outback Steakhouse and other brands, said today it had agreed to sell the majority of its stake in the six-unit Lee Roy Selmon’s chain to an entity led by Outback Steakhouse founders Bob Basham...
COLUMBUS Ohio Max & Erma's president and chief executive Rob Lindeman has left the casual-dining company, a spokesman confirmed Friday. Reasons for the departure of Lindeman, an 18-year veteran of the company, were not disclosed."There have...
CALABASAS HILLS Calif. Amid negative same-store sales and double-digit drops in profit, The Cheesecake Factory Inc. said this week it would introduce a new value-focused menu, just in time to drive holiday traffic. Acompany executive did...
WESTLAKE VILLAGE Calif. A day after the departure of its chief executive, the six-unit Fox Sports Grill chain on Tuesday revealed a shift in ownership and plans for growth. Fox Sports Grill announced Tuesday that it is being acquired by one...
COLUMBUS Ohio Max & Erma's has rolled out a "bolder" menu at all 106 of its stores, officials said Tuesday. New items include a Tortilla Burger, which the casual-dining chain bills as the sandwich version of its popular soup. The burger is...
WASHINGTON Gift card sales for the 2008 holiday season are expected to decline by more than 5 percent in part because of how that sort of gift is perceived, according to the National Retail Federation. A study conducted for the group by...
TAMPA Fla. Outback Steakhouse parent OSI Restaurant Partners LLC posted a third quarter of negative same-store sales and widening losses that it blamed on today’s harsh economic conditions. “The recent disruptions in the financial markets...
LOS ANGELES —With financial backing harder to come by in today’s tough economy, restaurant deal makers here say the flow of new restaurants may slow to a trickle. For now, however, Los Angeles...
MINNEAPOLIS Famous Dave’s of America Inc. said it closed its three restaurants in Atlanta because the restaurants were losing money and terminated two leases for restaurants that were slated to open next year in Hoffman Estates, Ill., and...
