Chains in the Southeast pull out all stops to drive traffic
Chains in the Southeast pull out all stops to drive traffic
May 12, 2008
Because extraordinary times call for extraordinary measures, some operators in the Southeast are straying from business as usual in an effort to keep customer visits on track.From operational changes, such as the introduction of liquor to beverage...
UPDATE: Feds charge three with hacking data from Dave & Buster’s
May 12, 2008
WASHINGTON The federal government on Monday charged three suspects with hacking into computers at Dave & Buster’s units last year and stealing credit and debit card numbers. A27-count indictment, which a federal grand jury returned on...
Miller to serve Ruth’s Chris as consultant
May 12, 2008
LAKE MARY Fla. Craig Miller, who was fired about two weeks ago as chairman, chief executive and president of Ruth’s Chris Steak House Inc., will be paid as a consultant to the company for six months or until his replacement is hired, the company...
Landry's profit plummets in 1st-Q
May 09, 2008
HOUSTON Landry’s Restaurants Inc. reported that its first quarter net income fell more than 93 percent, as its interest expense soared and same-store sales remained flat. Net income for the first quarter ended March 31 was $1.5 million, or...
Razzoo’s settles suit alleging bias against men
May 08, 2008
DALLAS The U.S. Equal Employment Opportunity Commission has reached a $1 million settlement with the 11-unit Razzoo’s Cajun Cafe chain of Irving, Texas, in a sex-discrimination case involving male bartenders. The EEOC claimed that Razzoo’s...
Specialty Restaurants settles harassment suit for $625K
May 08, 2008
ANAHEIM Calif. Multiconcept operator Specialty Restaurants Corp. has agreed to pay $625,000 to settle a sexual harassment lawsuit filed by an employee of Monterey Hill Steakhouse. The operator of about 23, mostly pilot-themed restaurants...
CPK's 1st-Q profit drops on higher costs
May 08, 2008
LOS ANGELES Blaming higher food costs, California Pizza Kitchen Inc. reported a 30-percent drop in first-quarter profit Thursday, and predicted that the industry has yet to see the “bottom” of the current tough economic times. For the...
Buca’s losses deepen in 1st-Q
May 08, 2008
MINNEAPOLIS Buca di Beppo parent Buca Inc. said its losses deepened to $4.2 million, or 20 cents per share, for the first quarter ended March 30, compared with a net loss of $2.8 million, or 14 cents per share, in the year-ago period. The...
BD’s Mongolian Grill sold to BK franchisees
May 07, 2008
FERNDALE Mich. Burger King franchisees Clyde Culp and Rodger Head have teamed up with the private-equity firm Kinderhook Industries PLC to acquire BD’s Mongolian Grill, a privately held Mongolian barbecue concept with 33 outlets. The sellers were...
Ruth’s Chris’ 1st-Q profit drops 33%
May 07, 2008
HEATHROW Fla. Ruth's Chris Steak House Inc. continued its downward spiral during the first quarter with a 33-percent plunge in profit despite a 21-percent upswing in revenues, the high-end steakhouse operator and franchisor reported Tuesday. ...
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