INDIANAPOLIS Dissident Steak n Shake shareholder Sardar Biglari said Monday he would accept the offer of two board seats for himself and a colleague only if the company drops a bylaw change that limits shareholder powers. Steak n Shake...
LOS ANGELES —Post-holiday doldrums combined with fears of a possible recession have co-op groups of upscale-restaurant operators nationwide holding their collective breath in hopes that new rounds of...
NASHVILLE TENN. —Even as members of the Tennessee Restaurant Association scramble to cover a $4.8 million shortfall in a workers’ compensation fund that the state alleges was mismanaged by the group...
TAMPA Fla. Outback Steakhouse parent OSI Restaurant Partners Inc. has reportedly dropped its plan to deduct credit card processing fees from servers’ tips at restaurants in Arkansas and elsewhere. News reports said that about 1,200 OSI...
LOS ANGELES California Pizza Kitchen Inc. said Friday it entered into an agreement with Bank of America N.A. to both close on an accelerated stock repurchase program totaling $46.3 million and to increase its credit facility to a maximum of $100...
DALLAS Three NFL players are throwing their weight behind a Chili’s Grill & Bar promotion for the casual chain’s new Smokehouse Bacon Burgers, a collaboration also intended to raise funds for charity. Minnesota Vikings running back Adrian...
LOS ANGELES The Hamlet Restaurant Group is planning to introduce this spring a fast-casual burger concept named for the casual-dining chain’s original restaurant: Hamburger Hamlet. The first Hamburger Hamlet was a 58-year-old thespian...
GREENWOOD VILLAGE Colo. Red Robin Gourmet Burgers, the 380-unit casual-dining chain, said it will roll out additional burgers and an appetizer as limited-time offers on its spring menu. The new items are scheduled to be featured from Feb...
HOUSTON Tilman J. Fertitta, chairman, president and chief executive of Landry's Restaurants Inc., has offered to buy the casual-dining company in a deal worth $1.3 billion, including the company's debt. Fertitta, in a letter received...
When people tell Randy Akerson they’re interested in opening their own restaurants, his initial reply is simple: “Don’t do it.” Akerson, who has run Burrito Bros. Taco Co. in Gainesville, Fla., for more than 30 years, explains why: “Too many...
