ITHACA N.Y. Nearly 60 percent of patrons dining out for business reasons will avoid an establishment with a no-reservations policy, a virtual convention among large casual-dining chains, according to new research from Cornell University. ...
LOS ANGELES Katsuya here is poised for what it expects will be rapid expansion following the 2008 debut of the first of three glamorously reworked hotels and two new restaurant concepts. —The...
NASHVILLE Tenn. Hedge fund Crescendo Partners, a well-known activist investor, has taken an 8.9-percent stake through its funds and chief executive, Eric Rosenfeld, in the casual-dining operator and franchisor O'Charley's Inc., based here. ...
CARROLLTON Texas T.G.I. Friday's has added nine new menu items, including five entrees and an appetizer, a soup, a sandwich and a dessert. The five new entrees include: lobster tortelloni, featuring cheese-filled tortelloni tossed in a rich...
HEATHROW FLA. Cameron Mitchell Restaurants LLC for $94 million, Ruth’s Chris Steak House is wisely diversifying its high-end market position with an aquatic foray as sales at the company’s namesake concept have grown sluggish, industry analysts...
BOSTON Fifty-nine percent of Americans plan to eat out less over the next three months and only 20 percent intend to order appetizers, desserts or higher-priced entrees, according to a new consumer survey. The findings by the RBC Capital...
LOS ALTOS Calif. Bruce MacDiarmid has been named president and chief operating officer of the Black Angus Steakhouse chain, officials said Tuesday. MacDiarmid, who has been the chain's chief operating officer for two years, succeeds Ralph...
